Golem (GLM) is a cryptocurrency that powers the Golem platform, a decentralized system that allows users to rent and share computing resources, such as processing power and storage, facilitating the creation and execution of distributed applications.
Main features:
Decentralized computing:
Golem allows users to rent computing resources or use those of others, creating a distributed computing network that benefits both resource providers and consumers.Resource market:
The platform offers a marketplace where users can buy and sell computational resources, setting prices and conditions according to supply and demand.Distributed applications:
Golem facilitates the execution of applications that require high processing power, such as graphics rendering, scientific simulations, and data analysis, leveraging the network's capacity.
Utilities of GLM token:
Payment for resources:
Users renting resources on the platform receive payments in GLM, incentivizing participation and resource supply.Access to services:
Resource consumers use GLM to pay for the use of the computational infrastructure provided by other users.Participation in governance:
GLM holders can participate in key decisions about the development and updates of the platform, promoting an active and engaged community.
Technical document:
Golem has an official whitepaper titled:
- "Golem: A Decentralized Supercomputer"
You can find it on its official website
Annual evolution of GLM price:
This is a list with the approximate price of GLM at the end of each year since its launch:
2017: $0.30
2018: $0.50
2019: $0.40
2020: $0.60
2021: $1.00
2022: $0.80
2023: $0.70
2024: $0.38 (as of December 25)
* Golem offers an innovative solution for distributed computing, allowing users to share and rent computing resources efficiently.
With a focus on decentralization and the creation of distributed applications, Golem positions itself as a versatile platform for developers and investors in the cryptocurrency ecosystem *
$GLM
