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About UMA and GFT
UMA is falling, while Gifto is climbing this week. The current UMA to GFT conversion rate is 11,400.89. Inversely, this means that if you convert 1 GFT you will get 0.00008771 UMA. The conversion rate of UMA/GFT has increased by 1.33% in the last hour (GFT/UMA decreased by 1.33%). In the last 24 hours, UMA/GFT shrunk by 0.55%, while GFT/UMA grew by the same amount.
The exchange rate of UMA is decreasing. The current value of 1 UMA is 11,400.89 GFT. In other words, to buy 5 UMA, it would cost you 57,004.44 GFT. Inversely, 1 GFT would allow you to trade for 0.00008771 UMA while 50 GFT would convert to 0.004386 UMA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 14.59%. Meanwhile, in the last 24 hours, the rate has changed by 13.62%, which means that the highest exchange rate of 1 UMA to GFT was 12,986.73 GFT and the lowest 24 hour value was 1 UMA for 11,132.28 GFT. Last month, 1 UMA was worth 17,376.25 GFT. Today, it's down 52.41%. Looking back a year, UMA has changed by 69.40 GFT. That means that in a single year, the value of UMA has grown by 99.39%.
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
Gifto Market Stats
Gifto as a network protocol, is a brainchild of Andy Tian, the co-founder and CEO of Asia Innovations Group (AIG). The team at AIG comprises of crypto-technology and blockchain enthusiasts. Andy saw potential in designing a decentralized network powered by the Ethereum blockchain to fix the current broken content monetization model with a better model. Most people introduced to the global content industry will identify the following problems with the current model: The Gifto network was launched in December 2017 and has been tested along with AIG’s flagship product, Uplive. Uplive is a live streaming mobile application with over 20 million users. An official Gifto report in February 2018, stated that Gifto featured in the top 10 traded cryptocurrencies by volume. The universal blockchain-based virtual gifting protocol has not only bridged the gap between content creators and the audience but has also introduced a way to acknowledge and reward the content creators. Besides monetizing decentralized content, it has revamped the modern creator-audience relationship. It has already received support from a number of large institutional investors including KPCB and Wicklow Capital. This can only be seen a positive for Gifto as it proves that the idea has been scrutinized and accepted by a fairly large number of people.
Conversion tables
UMA to GFT values from Today at 10:27 am
0.5 UMA = 5,700.44 GFT |
1 UMA = 11,400.89 GFT |
5 UMA = 57,004.44 GFT |
10 UMA = 114,008.88 GFT |
50 UMA = 570,044.42 GFT |
100 UMA = 1,140,088.85 GFT |
500 UMA = 5,700,444.25 GFT |
1,000 UMA = 11,400,888.50 GFT |
GFT to UMA values from Today at 10:26 am
0.5 GFT = 0.00004386 UMA |
1 GFT = 0.00008771 UMA |
5 GFT = 0.0004386 UMA |
10 GFT = 0.0008771 UMA |
50 GFT = 0.004386 UMA |
100 GFT = 0.008771 UMA |
500 GFT = 0.04386 UMA |
1,000 GFT = 0.08771 UMA |
UMA to GFT over time
UMA | Today | 24H -13.62% | 1M -52.41% | 1Y 99.39% |
|---|---|---|---|---|
0.5 UMA | 5,700.44 GFT | 6,476.67 GFT | 8,688.12 GFT | 34.70 GFT |
1 UMA | 11,400.89 GFT | 12,953.34 GFT | 17,376.25 GFT | 69.40 GFT |
5 UMA | 57,004.44 GFT | 64,766.72 GFT | 86,881.23 GFT | 347.00 GFT |
10 UMA | 114,008.88 GFT | 129,533.44 GFT | 173,762.45 GFT | 694.00 GFT |
50 UMA | 570,044.42 GFT | 647,667.20 GFT | 868,812.26 GFT | 3,470.00 GFT |
100 UMA | 1,140,088.85 GFT | 1,295,334.40 GFT | 1,737,624.52 GFT | 6,939.99 GFT |
500 UMA | 5,700,444.25 GFT | 6,476,672.02 GFT | 8,688,122.61 GFT | 34,699.97 GFT |
1,000 UMA | 11,400,888.50 GFT | 12,953,344.04 GFT | 17,376,245.21 GFT | 69,399.93 GFT |
Frequently asked questions
Right now, 1 UMA is worth about $0.382.
Based on the current rate, you could get 2.62 UMA for 1 USD.
UMA price has been declining. Since yesterday, the exchange rate of UMA has decreased. Since last month, the exchange rate of UMA has decreased. Since this time last year, the price of UMA has decreased.
You can use our UMA to USD calculator at the top of this page to convert any amount of UMA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 13.09 UMA. Inversely, 5 UMA will cost about $1.91
UMA is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy UMA.
There are a number of crypto assets that have the a similar or comparable market cap to UMA, including ICON, Non-Playable Coin, and Storj. For a more robust list of assets to explore, jump to the asset page dedicated to UMA.
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