Gems is a retired community-governed NFT marketplace that operated on the Algorand blockchain, allowing artists, projects, and businesses to mint and sell digital assets. Gems's Twitter Score is 3.4 out of 1000 as of October 2026, ranking #216,241 among 497,973 tracked accounts.
Gems has officially announced its retirement, with plans for its foundation and the GEMS token to carry forward into an as-yet-unnamed successor platform. During its active period, the marketplace supported a wide range of transaction types, including direct sales, auctions, shuffles, packs, fusions, and staking, all powered by self-custody smart contracts. The platform was formerly affiliated with Algorand and was previously backed by the Algorand Foundation, which awarded Algogems 58,659 ALGO through its Governance Period 9 NFT Rewards Program.
Gems built its platform around the GEMS token, implemented as Algorand Standard Asset ID 230946361, with a maximum supply of 10,000,000 tokens, of which 27,349 have been burned, leaving a total supply of 9,972,651. Token holders used GEMS for governance participation, including marketplace content moderation, curation, and fee-structure decisions. Gems has 6,377 followers as of October 2026 and has published 4,318 posts. Gems has been mentioned by 21 accounts, with 66 total mentions.
Who follows Gems on X?
The accounts that follow Gems include 11 founders, 2 angel investors and 8 influencers. Among them are Artchick, Minion, Algorand, John Karp - NFCsummit mode until 27 May 27, Comet and Airtx.