Golem Network is an open-source, decentralized computing platform. A peer-to-peer marketplace for distributed computing resources. Users engage directly on the Golem platform, exchanging GLM tokens for the utilization of their idle computing resources.
Golem allows to break down tasks into smaller subtasks and distribute them across multiple providers, enabling parallel processing. This approach boosts efficiency and speeds up the completion of complex computations.
GLM or Golem Network Token is needed to pay for computations on the network and is the currency that drives the marketplace. As a Requestor, you set a bid for an amount of GLM you are willing to pay to have your task completed. As a Provider, you earn GLM by computing tasks for Requestors.
If you want to stay up to date with the latest developments and updates, join the Golem Network Discord community here: https://chat.golem.network/
On Discord you can also find support to become a Provider or a Requestor in the Golem platform.
The all-time high of GLM was 1.25 USD on 2018-01-08, from which the coin is now down 70.61783850184%. The all-time high price of Golem (GLM) is 1.25. The current price of GLM is down 70.61783850184% from its all-time high.
As of
The current market cap of GLM is 367.28M. It is calculated by multiplying the current supply of GLM by its real-time market price of 0.367277018727.
The all-time low of GLM was 0.00879716
Golem (GLM) has a market capitalization of $367.28M and is ranked #189 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Golem (GLM) price trends and patterns to find the best time to purchase GLM.