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Price
$0.0056
9/28/2022, 5:18:16 AM
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Market

Market stats

Market cap

$1.1M

Volume (24h)

$61,186.96

Circulating supply

199.7M GTH

All time high

$0.76

Price change (1h)

-0.6%

Price change (24h)

-5.18%

Price change (7d)

-21.2%

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Gather is on the decline this week.

The price of Gather has fallen by 21.20% in the past 7 days. The price declined by 5.18% in the last 24 hours. In just the past hour, the price shrunk by 0.60%. The current price is $0.005568 per GTH. Gather is 99.27% below the all time high of $0.76.

The current circulating supply is 199,746,653 GTH.

About

What Is Gather (GTH)?

Gather (GTH) is a platform that aims to allow creators to generate revenue from their content without relying on advertisements. Instead, the whitepaper maintains that the platform seeks to allow its users to pool the processing powers of their web and app visitors. Subsequently, owners can use this computational power to mine cryptocurrencies and generate additional income.

Generally speaking, the revenue-from-ad approach is deemed intrusive and can harm the user experience, leading to higher bounce and dropout rates on websites. As a result, websites that grow overly reliant on advertising may experience a drop in traffic and sales.

Essentially, as the market expands, the cloud-computing cost rises since only a few corporations provide these services. Further, computer jobs and data are controlled and dependent on these centralized entities, resulting in a single point of failure.

Cryptocurrency mining necessitates enormous computational power and expensive data-processing facilities, all of which consume massive quantities of electricity. Also, this architecture is vulnerable to a hostile threat known as "cryptojacking" or hijacking a computer to mine cryptocurrencies without users' approval.

To address the issues, Gather aims to develop a state-of-the-art three-layer ecosystem:

  1. Layer 0 representing the hardware layer (Gather Online).

  2. Layer 1 representing the protocol layer (Gather Network).

  3. Layer 2 representing the application layer (Gather Cloud). The processing power provided by the hardware layer aims to flow securely back to the application layer via the protocol layer, forming the Gather network.

GTH is the native token of the ecosystem. The currency aims to encourage stakeholders to generate revenue by supplying processing power for the hardware layer and maintaining the health of the application layer. Also, the GTH token acts as the governance token by allowing token holders to vote on the future of Gather. Moreover, token holders can receive passive income by staking GTHs and functioning as nodes in the Gather network.

History of Gather (GTH)

Raghav Reggie Jerath, Farrukh Shaikh, and Udit Sharma cofounded Gather.

Jerath is the company's CEO and a serial entrepreneur, a leadership and management expert, and a chartered manager.

Shaikh, the CFO, is a seasoned investment and financial specialist who has previously worked for some of the industry's best.

Sharma is Gather's COO and has vast startup expertise, ranging from being a founder of a solar energy-related initiative to startups in the logistics, technology, and FMCG industries.

Jerath, Shaikh, Sharma, Steven Young, Ashesh Koul, and Ayhan Gungor coauthored the whitepaper.

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FAQ

What is the current price of Gather?

The price of 1 Gather currently costs $0.0056.

What is the market cap of Gather?

The current market cap of Gather is $1.12M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Gather?

The all-time high of Gather is $0.76. This all-time high is highest price paid for Gather since it was launched.

What is the 24 hour trading volume of Gather?

Over the last 24 hours, the trading volume of Gather is $61.19K.

What other assets are similar to Gather?

Assets that have a similar market cap to Gather include SmartCredit Token, Pillar, JulSwap, and many others. To see a full list, see our comparable market cap assets.

How many Gather are there?

The current circulating supply of Gather is 200 million.

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