About GEM and GALA
Gems is falling, while Gala V1 is climbing this week. The current GEM to GALA conversion rate is 0.004846. Inversely, this means that if you convert 1 GALA you will get 206.34 GEM. The conversion rate of GEM/GALA has increased by 0.34% in the last hour (GALA/GEM decreased by 0.34%). In the last 24 hours, GEM/GALA shrunk by 5.39%, while GALA/GEM grew by the same amount.
The exchange rate of Gems is decreasing. The current value of 1 GEM is 0.004846 GALA. In other words, to buy 5 Gems, it would cost you 0.024231 GALA. Inversely, 1 GALA would allow you to trade for 206.34 GEM while 50 GALA would convert to 10,317.19 GEM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 22.55%. Meanwhile, in the last 24 hours, the rate has changed by 5.58%, and that the highest exchange rate of 1 GEM to GALA was 0.005132 GALA and the lowest 24 hour value was 1 GEM for 0.004714 GALA. Last month, 1 GEM was worth 0.005063 GALA. Today, it's down 4.47%. Looking back a year, Gems has changed by 0.0006653 GALA. That means that in a single year, the value of Gems has grown by 86.27%.
Gems Market Stats
Gems is a protocol for contracting workers to perform micro tasks. Workers stake tokens in order to prove validity of their tasks and earn a reusable computed trust score, enhancing the cost-efficiency of the network while democratizing access to scalable micro task workers. Gems, a decentralized, open-sourced, human task crowdsourcing protocol built on top of the Ethereum blockchain. Using the Gems Protocol, anyone can tap into the power of scalable micro task workers without needing to worry about task verification, trust, or payments. Gems is designed to disincentivize malicious actors and reward fair players. The Gems Protocol is comprised of a staking mechanism to ensure task completion, a trust mechanism to track worker integrity, and a payment system to reduce transaction fees. The GEM token, a multi-utility token, fuels the Gems Protocol. Gems uses its token mechanism to enforce the behavior of all participants, instead of being regulated by a single operator. Gems Protocol, aptly named the Gems Platform. The Gems Platform connects those who want work done (henceforth known as “requesters”) and human workers (henceforth known as “miners”). By using the Gems Protocol, the Gems Platform removes socioeconomic barriers that exist in centralized alternatives (e.g. large fees, market inefficiencies, need for bank accountants, etc.). Anyone can build on top of the Gems Platform, creating “modules” that are interfaces for particular human tasks. The first module the Gems team will build focuses on labeling data for AI.
Gala V1 Market Stats
GALA is an Ethereum token that powers Gala Games, a platform for blockchain gaming. GALA is used as the medium of exchange between Gala Games participants. For example, it can be used to pay for in-game items.
Conversion tables
GEM to GALA values from Today at 5:59 am
0.5 GEM = 0.002423 GALA |
1 GEM = 0.004846 GALA |
5 GEM = 0.02423 GALA |
10 GEM = 0.04846 GALA |
50 GEM = 0.2423 GALA |
100 GEM = 0.4846 GALA |
500 GEM = 2.42 GALA |
1,000 GEM = 4.85 GALA |
GALA to GEM values from Today at 5:57 am
0.5 GALA = 103.17 GEM |
1 GALA = 206.34 GEM |
5 GALA = 1,031.72 GEM |
10 GALA = 2,063.44 GEM |
50 GALA = 10,317.19 GEM |
100 GALA = 20,634.39 GEM |
500 GALA = 103,171.94 GEM |
1,000 GALA = 206,343.88 GEM |
GEM to GALA over time
GEM | Today | 24H -5.58% | 1M -4.47% | 1Y 86.27% |
|---|---|---|---|---|
0.5 GEM | 0.002423 GALA | 0.002558 GALA | 0.002531 GALA | 0.0003326 GALA |
1 GEM | 0.004846 GALA | 0.005117 GALA | 0.005063 GALA | 0.0006653 GALA |
5 GEM | 0.02423 GALA | 0.02558 GALA | 0.02531 GALA | 0.003326 GALA |
10 GEM | 0.04846 GALA | 0.05117 GALA | 0.05063 GALA | 0.006653 GALA |
50 GEM | 0.2423 GALA | 0.2558 GALA | 0.2531 GALA | 0.03326 GALA |
100 GEM | 0.4846 GALA | 0.5117 GALA | 0.5063 GALA | 0.06653 GALA |
500 GEM | 2.42 GALA | 2.56 GALA | 2.53 GALA | 0.3326 GALA |
1,000 GEM | 4.85 GALA | 5.12 GALA | 5.06 GALA | 0.6653 GALA |
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