About GEM and DAI
Gems is falling, while Dai is climbing this week. The current GEM to DAI conversion rate is 0.00001006. Inversely, this means that if you convert 1 DAI you will get 99,375.30 GEM. The conversion rate of GEM/DAI has decreased by 0.01% in the last hour (DAI/GEM increased by 0.01%). In the last 24 hours, GEM/DAI shrunk by 0.11%, while DAI/GEM grew by the same amount.
The exchange rate of Gems is decreasing. The current value of 1 GEM is 0.00001006 DAI. In other words, to buy 5 Gems, it would cost you 0.00005031 DAI. Inversely, 1 DAI would allow you to trade for 99,375.30 GEM while 50 DAI would convert to 4,968,764.94 GEM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0.12%, and that the highest exchange rate of 1 GEM to DAI was 0.00001007 DAI and the lowest 24 hour value was 1 GEM for 0.00001006 DAI. Last month, 1 GEM was worth 0.00001006 DAI. Today, it's down 0.01%. Looking back a year, Gems has changed by 0.00001006 DAI. That means that in a single year, the value of Gems has shrank by 0%.
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.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Conversion tables
GEM to DAI values from Today at 10:00 am
0.5 GEM = 0.000005031 DAI |
1 GEM = 0.00001006 DAI |
5 GEM = 0.00005031 DAI |
10 GEM = 0.0001006 DAI |
50 GEM = 0.0005031 DAI |
100 GEM = 0.001006 DAI |
500 GEM = 0.005031 DAI |
1,000 GEM = 0.01006 DAI |
DAI to GEM values from Today at 9:59 am
0.5 DAI = 49,687.65 GEM |
1 DAI = 99,375.30 GEM |
5 DAI = 496,876.49 GEM |
10 DAI = 993,752.99 GEM |
50 DAI = 4,968,764.94 GEM |
100 DAI = 9,937,529.89 GEM |
500 DAI = 49,687,649.43 GEM |
1,000 DAI = 99,375,298.87 GEM |
GEM to DAI over time
GEM | Today | 24H -0.12% | 1M -0.01% | 1Y -0.00% |
|---|---|---|---|---|
0.5 GEM | 0.000005031 DAI | 0.000005037 DAI | 0.000005032 DAI | 0.000005032 DAI |
1 GEM | 0.00001006 DAI | 0.00001007 DAI | 0.00001006 DAI | 0.00001006 DAI |
5 GEM | 0.00005031 DAI | 0.00005037 DAI | 0.00005032 DAI | 0.00005032 DAI |
10 GEM | 0.0001006 DAI | 0.0001007 DAI | 0.0001006 DAI | 0.0001006 DAI |
50 GEM | 0.0005031 DAI | 0.0005037 DAI | 0.0005032 DAI | 0.0005032 DAI |
100 GEM | 0.001006 DAI | 0.001007 DAI | 0.001006 DAI | 0.001006 DAI |
500 GEM | 0.005031 DAI | 0.005037 DAI | 0.005032 DAI | 0.005032 DAI |
1,000 GEM | 0.01006 DAI | 0.01007 DAI | 0.01006 DAI | 0.01006 DAI |
Frequently asked questions
Right now, 1 Gems is worth about CA$0.00001387.
Based on the current rate, you could get 72,107.33 GEM for 1 CAD.
You can use our GEM to CAD calculator at the top of this page to convert any amount of GEM to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 360,536.66 GEM. Inversely, 5 GEM will cost about CA$0.00006934
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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