About GEM and GALA
Gems is climbing, while Gala V1 is falling this week. The current GEM to GALA conversion rate is 0.004715. Inversely, this means that if you convert 1 GALA you will get 212.07 GEM. The conversion rate of GEM/GALA has decreased by 0.14% in the last hour (GALA/GEM increased by 0.14%). In the last 24 hours, GEM/GALA grew by 0.77%, while GALA/GEM shrunk by the same amount.
The exchange rate of Gems is increasing. The current value of 1 GEM is 0.004715 GALA. In other words, to buy 5 Gems, it would cost you 0.023577 GALA. Inversely, 1 GALA would allow you to trade for 212.07 GEM while 50 GALA would convert to 10,603.63 GEM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11.92%. Meanwhile, in the last 24 hours, the rate has changed by 0.79%, which means that the highest exchange rate of 1 GEM to GALA was 0.004777 GALA and the lowest 24 hour value was 1 GEM for 0.004604 GALA. Last month, 1 GEM was worth 0.003703 GALA. Today, it's up 21.47%. Looking back a year, Gems has changed by 0.0006049 GALA. That means that in a single year, the value of Gems has grown by 87.17%.
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 8:48 pm
0.5 GEM = 0.002358 GALA |
1 GEM = 0.004715 GALA |
5 GEM = 0.02358 GALA |
10 GEM = 0.04715 GALA |
50 GEM = 0.2358 GALA |
100 GEM = 0.4715 GALA |
500 GEM = 2.36 GALA |
1,000 GEM = 4.72 GALA |
GALA to GEM values from Today at 8:47 pm
0.5 GALA = 106.04 GEM |
1 GALA = 212.07 GEM |
5 GALA = 1,060.36 GEM |
10 GALA = 2,120.73 GEM |
50 GALA = 10,603.63 GEM |
100 GALA = 21,207.27 GEM |
500 GALA = 106,036.34 GEM |
1,000 GALA = 212,072.67 GEM |
GEM to GALA over time
GEM | Today | 24H 0.79% | 1M 21.47% | 1Y 87.17% |
|---|---|---|---|---|
0.5 GEM | 0.002358 GALA | 0.002339 GALA | 0.001852 GALA | 0.0003024 GALA |
1 GEM | 0.004715 GALA | 0.004678 GALA | 0.003703 GALA | 0.0006049 GALA |
5 GEM | 0.02358 GALA | 0.02339 GALA | 0.01852 GALA | 0.003024 GALA |
10 GEM | 0.04715 GALA | 0.04678 GALA | 0.03703 GALA | 0.006049 GALA |
50 GEM | 0.2358 GALA | 0.2339 GALA | 0.1852 GALA | 0.03024 GALA |
100 GEM | 0.4715 GALA | 0.4678 GALA | 0.3703 GALA | 0.06049 GALA |
500 GEM | 2.36 GALA | 2.34 GALA | 1.85 GALA | 0.3024 GALA |
1,000 GEM | 4.72 GALA | 4.68 GALA | 3.70 GALA | 0.6049 GALA |
Frequently asked questions
Right now, 1 Gems is worth about $0.00001006.
Based on the current rate, you could get 99,387.96 GEM for 1 USD.
You can use our GEM to USD calculator at the top of this page to convert any amount of GEM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 496,939.82 GEM. Inversely, 5 GEM will cost about $0.00005031
Gems can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Gems.
There are a number of crypto assets that have the a similar or comparable market cap to Gems, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Gems.
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