About Gems
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.
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Market Stats
Market Cap
$22,819.62
8.1%
FDV
Not enough data
Circulating Supply
690,960,092.705 GEM
Max Supply
Not enough data
Total Supply
8,000,000,000 GEM
Diluted Valuation
$264,273.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$37,533.27
0.54%
Volume (7D)
$231,361.55
Volume (30D)
$1,058,752.47
All time high
$0.0615
Overall Price Change (1Y)
-0.77%
Additional info about Gems
Recent trends
The price of Gems has decreased by 0.07% in the last hour and increased by 8.13% in the past 24 hours. Gems’s price has also risen by 10.80% in the past week. The current price is $0.000033 per GEM with a 24-hour trading volume of $37.53K. Currently, Gems is valued at 99.95% below its all time high of $0.0615. This all-time high was the highest price paid for Gems since its launch. The current circulating supply of Gems is 690,960,092.705 GEM which means that Gems has as total market cap of $22,819.62.
Market details
GEM vs markets
↘ 79.97%
GEM vs BTC
↘ 82.95%
GEM vs ETH
↘ 55.51%
Tags
platform
jobs
sharing-economy
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xc7BbA5b765581eFb2Cdd2679DB5Bea9eE79b201f |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000033 | ↗ 8.13% |
1 Day | $0.000031 | ↗ 8.13% |
1 Week | $0.000030 | ↗ 10.80% |
1 Month | $0.000025 | ↗ 31.56% |
1 Year | $0.000141 | ↘ 76.55% |
FAQ
We update our Gems to USD currency in real-time. Get the live price of Gems on Coinbase.
The current market cap of Gems is $22.82K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Gems is $0.0615. This all-time high is highest price paid for Gems since it was launched.
Over the last 24 hours, the trading volume of Gems is $37.53K.
Assets that have a similar market cap to Gems include xNFT Protocol, Stella Fantasy, Bottos, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Gems is 691 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Gems news
Trending articles
Social stats
Popularity in posts
#979
Contributors
5,641
Posts
9,100
% About Gems
0.035%
Articles
3
Hold times
0 days
X (Twitter)
81.69% bullish
Sentiment
96 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
5,641 unique individuals are talking about Gems and it is ranked #979 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Gems has an average sentiment score of 96 out of 5. Finally, Gems is becoming less newsworthy, with 3 news articles published about Gems.
On Twitter, people are mostly bullish about Gems. There were 85.98% of tweets with bullish sentiment compared to 5.24% of tweets with a bearish sentiment about Gems. 14.02% of tweets were neutral about Gems. These sentiments are based on 1710 tweets.
On Reddit, Gems was mentioned in 176 Reddit posts and there were 61630 comments about Gems. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Gems calculator
1 Gems (GEM) to Canadian Dollar (CAD)
CA$0.000046
1 Gems (GEM) to British Pound (GBP)
£0.000025
1 Gems (GEM) to Real (BRL)
R$0.000194
1 Gems (GEM) to Euro (EUR)
€0.000029
1 Gems (GEM) to Nigerian Naira (NGN)
NGN 0.0532
1 Gems (GEM) to Singapore Dollar (SGD)
S$0.000043
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.