About GEM and MATIC
Gems is climbing, while Polygon is falling this week. The current GEM to MATIC conversion rate is 0.0001083. Inversely, this means that if you convert 1 MATIC you will get 9,234.14 GEM. The conversion rate of GEM/MATIC has increased by 0.19% in the last hour (MATIC/GEM decreased by 0.19%). In the last 24 hours, GEM/MATIC grew by 2.1%, while MATIC/GEM shrunk by 2.05%.
The exchange rate of Gems is increasing. The current value of 1 GEM is 0.0001083 MATIC. In other words, to buy 5 Gems, it would cost you 0.0005415 MATIC. Inversely, 1 MATIC would allow you to trade for 9,234.14 GEM while 50 MATIC would convert to 461,706.79 GEM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.62%. Meanwhile, in the last 24 hours, the rate has changed by 2.26%, and that the highest exchange rate of 1 GEM to MATIC was 0.0001086 MATIC and the lowest 24 hour value was 1 GEM for 0.0001033 MATIC. Last month, 1 GEM was worth 0.00009129 MATIC. Today, it's up 18.62%. Looking back a year, Gems has changed by 0.00005315 MATIC. That means that in a single year, the value of Gems has grown by 103.75%.
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.
Polygon Market Stats
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
Conversion tables
GEM to MATIC values from Today at 4:11 am
0.5 GEM = 0.00005415 MATIC |
1 GEM = 0.0001083 MATIC |
5 GEM = 0.0005415 MATIC |
10 GEM = 0.001083 MATIC |
50 GEM = 0.005415 MATIC |
100 GEM = 0.01083 MATIC |
500 GEM = 0.05415 MATIC |
1,000 GEM = 0.1083 MATIC |
MATIC to GEM values from Today at 4:12 am
0.5 MATIC = 4,617.07 GEM |
1 MATIC = 9,234.14 GEM |
5 MATIC = 46,170.68 GEM |
10 MATIC = 92,341.36 GEM |
50 MATIC = 461,706.79 GEM |
100 MATIC = 923,413.57 GEM |
500 MATIC = 4,617,067.86 GEM |
1,000 MATIC = 9,234,135.72 GEM |
GEM to MATIC over time
GEM | Today | 24H 2.21% | 1M 15.70% | 1Y 50.92% |
|---|---|---|---|---|
0.5 GEM | 0.00005415 MATIC | 0.00005295 MATIC | 0.00004565 MATIC | 0.00002658 MATIC |
1 GEM | 0.0001083 MATIC | 0.0001059 MATIC | 0.00009129 MATIC | 0.00005315 MATIC |
5 GEM | 0.0005415 MATIC | 0.0005295 MATIC | 0.0004565 MATIC | 0.0002658 MATIC |
10 GEM | 0.001083 MATIC | 0.001059 MATIC | 0.0009129 MATIC | 0.0005315 MATIC |
50 GEM | 0.005415 MATIC | 0.005295 MATIC | 0.004565 MATIC | 0.002658 MATIC |
100 GEM | 0.01083 MATIC | 0.01059 MATIC | 0.009129 MATIC | 0.005315 MATIC |
500 GEM | 0.05415 MATIC | 0.05295 MATIC | 0.04565 MATIC | 0.02658 MATIC |
1,000 GEM | 0.1083 MATIC | 0.1059 MATIC | 0.09129 MATIC | 0.05315 MATIC |
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