Rank #2861
699 people like this
gems  (GEM)

Gems (GEM)

$0.000326134091 -7.5%
0.00000001 BTC -10.0%
0.00000007 ETH -9.9%
699 people like this
24H Range
Market Cap $238,748
24 Hour Trading Vol $29,015.74
Circulating Supply 690,960,092
Total Supply 8,000,000,000
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Gems (GEM) Price Chart

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GEM Price and Market Stats

GEM Price $0.000326134091
Market Cap $238,748
Market Cap Dominance 0.00%
Trading Volume $29,015.74
Volume / Market Cap 0.1255
24h Low / 24h High $0.000311758698 / $0.000354078704
7d Low / 7d High $0.000297604947 / $0.000408384849
Market Cap Rank #2861
All-Time High $0.031468877596 -98.9%
Apr 26, 2018 (over 3 years)
All-Time Low $0.000023786234 1352.6%
May 14, 2020 (over 1 year)

Gems Coin Price & Market Data

Gems price today is $0.000326134091 with a 24-hour trading volume of $29,015.74. GEM price is down -7.5% in the last 24 hours. It has a circulating supply of 690 Million GEM coins and a total supply of 8 Billion. If you are looking to buy or sell Gems, Gate.io is currently the most active exchange.

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.

Gems News & Guides

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