#232

Golem

GLM
0.00000412 BTC
$0.39
24h: +3.84% 7d: -7.24%
All Time High $1.32 Apr 13, 2018
24h
$0.37 $0.4
24h Volume $14.42M

Price Chart

About Golem

Golem Network Overview

Golem Network is an innovative, open-source, decentralized computing platform aimed at revolutionizing the accessibility and sharing of computing power across the Artificial Intelligence (AI) industry. It operates as a peer-to-peer marketplace where users can directly exchange their idle computing resources using the GLM token.

What is GLM?

GLM, or Golem Network Token, is the currency that fuels the Golem ecosystem. It is essential for paying for computing tasks on the network. As a Requestor, you can set a bid in GLM for the completion of your tasks, while Providers earn GLM by executing these tasks. This transactional dynamic fosters a self-sustaining marketplace.

Decentralized Computing Power

Golem enables users to break down complex tasks into smaller subtasks, distributing them among multiple Providers for efficient, parallel processing. This not only enhances speed but also optimizes resource utilization, making it an ideal solution for diverse projects ranging from 3D rendering to advanced AI model training.

Getting Involved

Provider by sharing your computing resources and earning GLM tokens in return. Alternatively, as a Requestor, you can leverage the platform’s capabilities to access scalable, cost-effective computing solutions.

Key Features

  • Decentralization: Eliminates reliance on centralized cloud computing services.
  • ERC-20 Standard: GLM tokens are based on the ERC-20 standard, available on both Ethereum and Polygon networks.
  • Intuitive Onboarding: The Golem platform offers a user-friendly interface, making it accessible for individuals with no prior experience in Web 3.0 or cryptocurrencies.
  • Community Driven: Users can actively contribute to the Golem ecosystem, shaping its future through ideas and collaborations.

A Platform for Innovation

With the rise of Decentralized Physical Infrastructure Networks (DePIN), Golem stands at the forefront of transforming computational capabilities. It empowers users to harness and monetize their spare computing power while facilitating groundbreaking projects in fields such as scientific research and AI development.

Suggest Edit

Categories

Artificial Intelligence (AI) Business Platform Ethereum Ecosystem DePIN Energi Ecosystem GMCI DePIN Index GMCI Index

Market Data

Rank
#232
Market Cap
$388.63M
Volume
$14.42M
Circulating Supply
1B GLM
Total Supply
1B GLM
Max Supply
N/A

Additional Information

Genesis Date
24h Market Cap Change
$-33.09M
24h Market Cap Change %
-7.85%