Gems profile
Gems Profile (GEM)
Rating: E | Poor
Adventurous Nano Cap
Project Safety Score

Tue, Jan 25, 2022 4:52 AM

E
Rating Poor
Market Cap $205215.10222972
24hr Volume $21805.41052173
Price $0.00017054459717405
Review

Gems

token

Ethereum

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.

Read more in the whitepaper:
https://gems.org/whitepaper.pdf

Gems Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ETH: 0xc7bba5b765581efb2cdd2679db5bea9ee79b201f

Gems Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Gems Safety Report

Gems has a safety score of 3.22

Gems is a nano cap token.

Gems is suited to a adventurous investment style.


Gems Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • github
  • bitcointalk thread
  • tradingview profile
  • exchanges

Gems Red Flags

There are currently no Gems red flags.


Gems Development Score

The link to the projects repository has not been submitted yet.


Gems Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • Enough of a collection of articles to be just about confident of the sentiment

Gems Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Gems?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Gems has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.

Highlights:
  • extremely high hashtag tweets
  • no reddit articles
  • no gitHub account watchers

Gems Awareness Score

The awareness score indicates how well Gems is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Gems is but a good measure of longevity is how well the project is known by the general public.

Overall Gems this project is has some exposure in the wider population. In general as the project grows the community score will increase or if the community looses interest then it can of course decrease.

Highlights:
  • below average search result total
  • below average number of Gems YouTube videos
  • poor number of news articles mentioning Gems
  • very poor number of headlines about Gems

Gems Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Good project age (released Feb 20, 2018)

Gems Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very poor USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Gems Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Gems Exchanges
Gems Explorers
GEM
Member Ratings (GEM)

--/5

0 reviews
Ratings and reviews left by our members do not impact the profile score.
No reviews
Be the first to leave a review

No one is talking about Gems, be the first to start the conversation.

Do you think Gems is a scam project which will disappear in a rug pull in the next few months or do you think Gems is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

75%

Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • github
  • bitcointalk thread
  • tradingview profile
  • exchanges

Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
2248
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.

Gems News

  • The 13 Best New Songs This Week - XXL

    Sat, Jan 22, 2022 4:52 AM

    ...

    read more...
  • Gems (GEM) Rises 67.33% Friday: What's Next for This Very Bullish Rated Crypto?

    Sat, Jan 22, 2022 4:52 AM

    ...

    read more...
  • Jewellery Council Urges Centre To Reduce Import Duty On Precious Metals

    Thu, Jan 20, 2022 4:52 AM

    ...

    read more...
  • Cardi B to Pay Funeral Costs for the 17 Victims of Tragic Bronx ...

    Thu, Jan 20, 2022 4:52 AM

    ...

    read more...
  • 555-carat black diamond can be bought at auction with cryptocurrency

    Tue, Jan 18, 2022 4:52 AM

    ...

    read more...