About GEM and MATIC
Gems is climbing, while Polygon is falling this week. The current GEM to MATIC conversion rate is 0.0001105. Inversely, this means that if you convert 1 MATIC you will get 9,051.26 GEM. The conversion rate of GEM/MATIC has increased by 0.2% in the last hour (MATIC/GEM decreased by 0.2%). In the last 24 hours, GEM/MATIC grew by 5.47%, while MATIC/GEM shrunk by 5.18%.
The exchange rate of Gems is increasing. The current value of 1 GEM is 0.0001105 MATIC. In other words, to buy 5 Gems, it would cost you 0.0005524 MATIC. Inversely, 1 MATIC would allow you to trade for 9,051.26 GEM while 50 MATIC would convert to 452,563.09 GEM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.05%. Meanwhile, in the last 24 hours, the rate has changed by 5.39%, which means that the highest exchange rate of 1 GEM to MATIC was 0.0001112 MATIC and the lowest 24 hour value was 1 GEM for 0.0001033 MATIC. Last month, 1 GEM was worth 0.00009206 MATIC. Today, it's up 20.01%. 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 107.86%.
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 9:28 am
0.5 GEM = 0.00005524 MATIC |
1 GEM = 0.0001105 MATIC |
5 GEM = 0.0005524 MATIC |
10 GEM = 0.001105 MATIC |
50 GEM = 0.005524 MATIC |
100 GEM = 0.01105 MATIC |
500 GEM = 0.05524 MATIC |
1,000 GEM = 0.1105 MATIC |
MATIC to GEM values from Today at 9:28 am
0.5 MATIC = 4,525.63 GEM |
1 MATIC = 9,051.26 GEM |
5 MATIC = 45,256.31 GEM |
10 MATIC = 90,512.62 GEM |
50 MATIC = 452,563.09 GEM |
100 MATIC = 905,126.19 GEM |
500 MATIC = 4,525,630.93 GEM |
1,000 MATIC = 9,051,261.87 GEM |
GEM to MATIC over time
GEM | Today | 24H 5.12% | 1M 16.68% | 1Y 51.89% |
|---|---|---|---|---|
0.5 GEM | 0.00005524 MATIC | 0.00005241 MATIC | 0.00004603 MATIC | 0.00002658 MATIC |
1 GEM | 0.0001105 MATIC | 0.0001048 MATIC | 0.00009206 MATIC | 0.00005315 MATIC |
5 GEM | 0.0005524 MATIC | 0.0005241 MATIC | 0.0004603 MATIC | 0.0002658 MATIC |
10 GEM | 0.001105 MATIC | 0.001048 MATIC | 0.0009206 MATIC | 0.0005315 MATIC |
50 GEM | 0.005524 MATIC | 0.005241 MATIC | 0.004603 MATIC | 0.002658 MATIC |
100 GEM | 0.01105 MATIC | 0.01048 MATIC | 0.009206 MATIC | 0.005315 MATIC |
500 GEM | 0.05524 MATIC | 0.05241 MATIC | 0.04603 MATIC | 0.02658 MATIC |
1,000 GEM | 0.1105 MATIC | 0.1048 MATIC | 0.09206 MATIC | 0.05315 MATIC |
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