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About GEM and GTC
Gems is climbing, while Gitcoin is falling this week. The current GEM to GTC conversion rate is 0.00004557. Inversely, this means that if you convert 1 GTC you will get 21,944.86 GEM. The conversion rate of GEM/GTC has decreased by 0.5% in the last hour (GTC/GEM increased by 0.5%). In the last 24 hours, GEM/GTC grew by 0.07%, while GTC/GEM shrunk by 0.07%.
The exchange rate of Gems is increasing. The current value of 1 GEM is 0.00004557 GTC. In other words, to buy 5 Gems, it would cost you 0.00022784 GTC. Inversely, 1 GTC would allow you to trade for 21,944.86 GEM while 50 GTC would convert to 1,097,243.12 GEM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 9.74%. Meanwhile, in the last 24 hours, the rate has changed by 0.38%, which means that the highest exchange rate of 1 GEM to GTC was 0.00004716 GTC and the lowest 24 hour value was 1 GEM for 0.00004377 GTC. Last month, 1 GEM was worth 0.00008865 GTC. Today, it's down 48.6%. Looking back a year, Gems has changed by 0.00006098 GTC. That means that in a single year, the value of Gems has shrank by 25.27%.
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.
Gitcoin Market Stats
Gitcoin (GTC) is an Ethereum token used for community governance of Gitcoin. The Gitcoin Grants Program supports open-source projects and other public goods through community funding, including quadratic funding, which uses the breadth of donor support to help allocate matching funds.
Conversion tables
GEM to GTC values from Today at 11:28 pm
0.5 GEM = 0.00002278 GTC |
1 GEM = 0.00004557 GTC |
5 GEM = 0.0002278 GTC |
10 GEM = 0.0004557 GTC |
50 GEM = 0.002278 GTC |
100 GEM = 0.004557 GTC |
500 GEM = 0.02278 GTC |
1,000 GEM = 0.04557 GTC |
GTC to GEM values from Today at 11:28 pm
0.5 GTC = 10,972.43 GEM |
1 GTC = 21,944.86 GEM |
5 GTC = 109,724.31 GEM |
10 GTC = 219,448.62 GEM |
50 GTC = 1,097,243.12 GEM |
100 GTC = 2,194,486.24 GEM |
500 GTC = 10,972,431.21 GEM |
1,000 GTC = 21,944,862.42 GEM |
GEM to GTC over time
GEM | Today | 24H 0.38% | 1M -94.54% | 1Y -33.82% |
|---|---|---|---|---|
0.5 GEM | 0.00002278 GTC | 0.0000227 GTC | 0.00004432 GTC | 0.00003049 GTC |
1 GEM | 0.00004557 GTC | 0.00004539 GTC | 0.00008865 GTC | 0.00006098 GTC |
5 GEM | 0.0002278 GTC | 0.000227 GTC | 0.0004432 GTC | 0.0003049 GTC |
10 GEM | 0.0004557 GTC | 0.0004539 GTC | 0.0008865 GTC | 0.0006098 GTC |
50 GEM | 0.002278 GTC | 0.00227 GTC | 0.004432 GTC | 0.003049 GTC |
100 GEM | 0.004557 GTC | 0.004539 GTC | 0.008865 GTC | 0.006098 GTC |
500 GEM | 0.02278 GTC | 0.0227 GTC | 0.04432 GTC | 0.03049 GTC |
1,000 GEM | 0.04557 GTC | 0.04539 GTC | 0.08865 GTC | 0.06098 GTC |
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