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Golem (GNT) is specifically designed to facilitate the creation of a decentralised global supercomputer. It aims to let anyone securely buy and sell excess computing power with the network’s native GNT tokens.
Users choose what kind of task they have with the Golem task definition framework to get matched with the most suitable provider. Providers can decide how many CPU cores and how much RAM and disk space they want to rent to the Golem network. The system's purpose is to allow for seamless connections between users and providers. An automated node reputation system is used to prioritise and benefit the providers categorised as high quality.
The use of cloud-based distribution of computer power applies to a huge range of industries, including AI development, cryptography, web hosting, data analysis, graphics rendering and much more.
Golem (GLM) is the 163rd largest cryptocurrency in the world by market cap, valued at $274,234,877. The current price of Golem is $0.38763861, which is 0.017% lower than yesterday. Prices have ranged between $0.41646465 and $0.36108972 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 23, 2022 05:05 UTC.
| Coin symbol | GLM |
|---|---|
| Coin Marketcap | AUD$274,234,877 |
| Total GLM supply | 1,000,000,000 |
| Circulating GLM | 1,000,000,000 |
| Current price | AUD$0.38763861 |
| All time high | AUD$2.6226 |
| Notable team members | Julian Zawistowski, Andrzej Regulski, Piotr Janiuk, Aleksandra Skrzypczak |
| Partnerships | Graphene |
| Industry | Resource distribution |
| Token uses | Payments, transaction fees |
| Network | Ethereum |
Historical prices compared with the price of $0.38763861.
| 1 hour | 6.04% |
|---|---|
| 24 hours | 0.02% |
| 7 days | -0.26% |
| 14 days | 6.43% |
| 30 days | -0.07% |
|---|---|
| 60 days | -13.62% |
| 200 days | -36.88% |
| 1 year | -43.31% |
Disclaimer: Cryptocurrencies, including Golem, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of GLM is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Golem or any other cryptocurrency discussed.
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