About DAI and GFT
Dai is falling, while Gifto is climbing this week. The current DAI to GFT conversion rate is 29,967.34. Inversely, this means that if you convert 1 GFT you will get 0.00003337 DAI. The conversion rate of DAI/GFT has increased by 0% in the last hour (GFT/DAI decreased by 0%). In the last 24 hours, DAI/GFT shrunk by 7.96%, while GFT/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 29,967.34 GFT. In other words, to buy 5 Dai, it would cost you 149,836.69 GFT. Inversely, 1 GFT would allow you to trade for 0.00003337 DAI while 50 GFT would convert to 0.001668 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 14.01%. Meanwhile, in the last 24 hours, the rate has changed by 7.97%, which means that the highest exchange rate of 1 DAI to GFT was 32,369.46 GFT and the lowest 24 hour value was 1 DAI for 29,958.26 GFT. Last month, 1 DAI was worth 24,823.66 GFT. Today, it's up 17.16%. Looking back a year, Dai has changed by 55.15 GFT. That means that in a single year, the value of Dai has grown by 99.82%.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Gifto Market Stats
Gifto as a network protocol, is a brainchild of Andy Tian, the co-founder and CEO of Asia Innovations Group (AIG). The team at AIG comprises of crypto-technology and blockchain enthusiasts. Andy saw potential in designing a decentralized network powered by the Ethereum blockchain to fix the current broken content monetization model with a better model. Most people introduced to the global content industry will identify the following problems with the current model: The Gifto network was launched in December 2017 and has been tested along with AIG’s flagship product, Uplive. Uplive is a live streaming mobile application with over 20 million users. An official Gifto report in February 2018, stated that Gifto featured in the top 10 traded cryptocurrencies by volume. The universal blockchain-based virtual gifting protocol has not only bridged the gap between content creators and the audience but has also introduced a way to acknowledge and reward the content creators. Besides monetizing decentralized content, it has revamped the modern creator-audience relationship. It has already received support from a number of large institutional investors including KPCB and Wicklow Capital. This can only be seen a positive for Gifto as it proves that the idea has been scrutinized and accepted by a fairly large number of people.
Conversion tables
DAI to GFT values from Today at 10:33 pm
0.5 DAI = 14,983.67 GFT |
1 DAI = 29,967.34 GFT |
5 DAI = 149,836.69 GFT |
10 DAI = 299,673.37 GFT |
50 DAI = 1,498,366.86 GFT |
100 DAI = 2,996,733.72 GFT |
500 DAI = 14,983,668.62 GFT |
1,000 DAI = 29,967,337.24 GFT |
GFT to DAI values from Today at 10:33 pm
0.5 GFT = 0.00001668 DAI |
1 GFT = 0.00003337 DAI |
5 GFT = 0.0001668 DAI |
10 GFT = 0.0003337 DAI |
50 GFT = 0.001668 DAI |
100 GFT = 0.003337 DAI |
500 GFT = 0.01668 DAI |
1,000 GFT = 0.03337 DAI |
DAI to GFT over time
DAI | Today | 24H -7.97% | 1M 17.16% | 1Y 99.82% |
|---|---|---|---|---|
0.5 DAI | 14,983.67 GFT | 16,177.25 GFT | 12,411.83 GFT | 27.58 GFT |
1 DAI | 29,967.34 GFT | 32,354.49 GFT | 24,823.66 GFT | 55.15 GFT |
5 DAI | 149,836.69 GFT | 161,772.46 GFT | 124,118.28 GFT | 275.76 GFT |
10 DAI | 299,673.37 GFT | 323,544.91 GFT | 248,236.57 GFT | 551.52 GFT |
50 DAI | 1,498,366.86 GFT | 1,617,724.57 GFT | 1,241,182.84 GFT | 2,757.61 GFT |
100 DAI | 2,996,733.72 GFT | 3,235,449.13 GFT | 2,482,365.67 GFT | 5,515.21 GFT |
500 DAI | 14,983,668.62 GFT | 16,177,245.65 GFT | 12,411,828.35 GFT | 27,576.06 GFT |
1,000 DAI | 29,967,337.24 GFT | 32,354,491.30 GFT | 24,823,656.71 GFT | 55,152.12 GFT |
Frequently asked questions
Right now, 1 Dai is worth about $0.9999.
Based on the current rate, you could get 1.00 DAI for 1 USD.
Dai price has been on the rise. Since yesterday, the exchange rate of Dai has increased. Since last month, the exchange rate of Dai has decreased. Since this time last year, the price of Dai has decreased.
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 DAI. Inversely, 5 DAI will cost about $5.00
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
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