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Gems

Gems
1 GEM =
 $ 0.000070
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Market Capitalization:
47.99K $
Circulating supply:
690.96M GEM
Maximum:
8.00B GEM
Volume (24h):
11.04K $
Daily range:
0.000067 - 0.000072
Changes (7d):
-0.79%

Cryptocurrency Gems (GEM)

The price for Gems (GEM) cryptocurrency is currently 0.000070 $ (15 min delay), daily range of currency change is 0.000067 - 0.000072 .
Last 24 hours news: trading volume - 11.04K $, price variance +3.41% .
The highest trading volume belongs to the pair GEM/USDT at the Gate.io exchange

Project Website - https://gems.org/
Explorer of transactions - https://etherscan.io/token/0xc7bba5b765581efb2cdd2679db5bea9ee79b201f
Twitter Account - https://twitter.com/gems

Chart Gems (GEM)

Current price Gems (gem) 0.000070 $
Market Capitalization 101.30K $
Trading Volume last 24h 30.96K $
Minimum exchange rate (24h) 0.00014 $
Maximum exchange rate (24h) 0.00015 $
Market cap rank № 3747
Absolute maximum 0.031 $
Absolute minimum 0.000024 $

Gems Quotes

#
Exchange
Pair
Price
Spread
Volume
Last traded
1
0.00015 $
0.00014679$
1.23% 17.54K $ 2024-03-28 05:04:41

What is Gems (GEM)

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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