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About AKT and GEM
Akash Network is falling, while Gems is climbing this week. The current AKT to GEM conversion rate is 66,152.63. Inversely, this means that if you convert 1 GEM you will get 0.00001512 AKT. The conversion rate of AKT/GEM has increased by 0.08% in the last hour (GEM/AKT decreased by 0.08%). In the last 24 hours, AKT/GEM shrunk by 7.97%, while GEM/AKT grew by 8.66%.
The exchange rate of Akash Network is decreasing. The current value of 1 AKT is 66,152.63 GEM. In other words, to buy 5 Akash Network, it would cost you 330,763.14 GEM. Inversely, 1 GEM would allow you to trade for 0.00001512 AKT while 50 GEM would convert to 0.0007558 AKT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.9%. Meanwhile, in the last 24 hours, the rate has changed by 7.85%, and that the highest exchange rate of 1 AKT to GEM was 72,021.49 GEM and the lowest 24 hour value was 1 AKT for 65,387.34 GEM. Last month, 1 AKT was worth 54,002.45 GEM. Today, it's up 22.5%. Looking back a year, Akash Network has changed by 68,478.31 GEM. That means that in a single year, the value of Akash Network has shrank by 3.4%.
Akash Network Market Stats
Akash is a blockchain network that supports a decentralized compute marketplace. Akash allows users to lease computing resources from the network’s providers. AKT is the network’s utility token and can be used to secure the network through staking. AKT can also be used to participate in network governance. AKT tokens can be used to vote on proposals related to the network’s development and grant allocations.
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.
Conversion tables
AKT to GEM values from Today at 7:56 am
0.5 AKT = 33,076.31 GEM |
1 AKT = 66,152.63 GEM |
5 AKT = 330,763.14 GEM |
10 AKT = 661,526.29 GEM |
50 AKT = 3,307,631.44 GEM |
100 AKT = 6,615,262.87 GEM |
500 AKT = 33,076,314.37 GEM |
1,000 AKT = 66,152,628.74 GEM |
GEM to AKT values from Today at 7:56 am
0.5 GEM = 0.000007558 AKT |
1 GEM = 0.00001512 AKT |
5 GEM = 0.00007558 AKT |
10 GEM = 0.0001512 AKT |
50 GEM = 0.0007558 AKT |
100 GEM = 0.001512 AKT |
500 GEM = 0.007558 AKT |
1,000 GEM = 0.01512 AKT |
AKT to GEM over time
AKT | Today | 24H -8.52% | 1M 18.37% | 1Y -3.52% |
|---|---|---|---|---|
0.5 AKT | 33,076.31 GEM | 35,893.96 GEM | 27,001.23 GEM | 34,239.15 GEM |
1 AKT | 66,152.63 GEM | 71,787.93 GEM | 54,002.45 GEM | 68,478.31 GEM |
5 AKT | 330,763.14 GEM | 358,939.63 GEM | 270,012.25 GEM | 342,391.54 GEM |
10 AKT | 661,526.29 GEM | 717,879.26 GEM | 540,024.50 GEM | 684,783.07 GEM |
50 AKT | 3,307,631.44 GEM | 3,589,396.31 GEM | 2,700,122.51 GEM | 3,423,915.35 GEM |
100 AKT | 6,615,262.87 GEM | 7,178,792.63 GEM | 5,400,245.02 GEM | 6,847,830.71 GEM |
500 AKT | 33,076,314.37 GEM | 35,893,963.15 GEM | 27,001,225.08 GEM | 34,239,153.55 GEM |
1,000 AKT | 66,152,628.74 GEM | 71,787,926.29 GEM | 54,002,450.16 GEM | 68,478,307.10 GEM |
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