About GEM and TRU
Gems is climbing, while TrueFi is falling this week. The current GEM to TRU conversion rate is 0.01175. Inversely, this means that if you convert 1 TRU you will get 85.11 GEM. The conversion rate of GEM/TRU has decreased by 0.89% in the last hour (TRU/GEM increased by 0.89%). In the last 24 hours, GEM/TRU grew by 8.8%, while TRU/GEM shrunk by the same amount.
The exchange rate of Gems is increasing. The current value of 1 GEM is 0.01175 TRU. In other words, to buy 5 Gems, it would cost you 0.05875 TRU. Inversely, 1 TRU would allow you to trade for 85.11 GEM while 50 TRU would convert to 4,255.57 GEM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.94%. Meanwhile, in the last 24 hours, the rate has changed by 8.17%, and that the highest exchange rate of 1 GEM to TRU was 0.01399 TRU and the lowest 24 hour value was 1 GEM for 0.01034 TRU. Last month, 1 GEM was worth 0.00454 TRU. Today, it's up 61.36%. Looking back a year, Gems has changed by 0.000311 TRU. That means that in a single year, the value of Gems has grown by 97.35%.
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.
TrueFi Market Stats
TRU is an Ethereum token that powers TrueFi, a decentralized finance protocol for uncollateralized lending using on-chain credit scores. TRU can be used for staking (i.e. to approve or reject new loans) and governance on the TrueFi protocol.
Conversion tables
GEM to TRU values from Today at 3:50 am
0.5 GEM = 0.005875 TRU |
1 GEM = 0.01175 TRU |
5 GEM = 0.05875 TRU |
10 GEM = 0.1175 TRU |
50 GEM = 0.5875 TRU |
100 GEM = 1.17 TRU |
500 GEM = 5.87 TRU |
1,000 GEM = 11.75 TRU |
TRU to GEM values from Today at 3:48 am
0.5 TRU = 42.56 GEM |
1 TRU = 85.11 GEM |
5 TRU = 425.56 GEM |
10 TRU = 851.11 GEM |
50 TRU = 4,255.57 GEM |
100 TRU = 8,511.15 GEM |
500 TRU = 42,555.74 GEM |
1,000 TRU = 85,111.47 GEM |
GEM to TRU over time
GEM | Today | 24H 8.17% | 1M 61.36% | 1Y 97.35% |
|---|---|---|---|---|
0.5 GEM | 0.005875 TRU | 0.005395 TRU | 0.00227 TRU | 0.0001555 TRU |
1 GEM | 0.01175 TRU | 0.01079 TRU | 0.00454 TRU | 0.000311 TRU |
5 GEM | 0.05875 TRU | 0.05395 TRU | 0.0227 TRU | 0.001555 TRU |
10 GEM | 0.1175 TRU | 0.1079 TRU | 0.0454 TRU | 0.00311 TRU |
50 GEM | 0.5875 TRU | 0.5395 TRU | 0.227 TRU | 0.01555 TRU |
100 GEM | 1.17 TRU | 1.08 TRU | 0.454 TRU | 0.0311 TRU |
500 GEM | 5.87 TRU | 5.39 TRU | 2.27 TRU | 0.1555 TRU |
1,000 GEM | 11.75 TRU | 10.79 TRU | 4.54 TRU | 0.311 TRU |
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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