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Cryptocurrency profile · GLM

Golem

Golem

$0.107 USD · 0.107 USD

Market cap rank
260
Market cap
107,717,983
Circulating supply
1,000,000,000
Max supply

About Golem

Golem Network is an open-source, decentralized computing platform that aims to provide computing power to the AI industry. It operates as a peer-to-peer marketplace for distributed computing resources, where users exchange GLM tokens for the utilization of idle computing resources. The platform breaks down tasks into smaller subtasks and distributes them across multiple providers, enabling parallel processing to boost efficiency and speed up complex computations.

  • Golem Network is building an ecosystem specifically to provide computing power to the AI industry.
  • The platform allows users to break down tasks into smaller subtasks and distribute them across multiple providers for parallel processing.
  • GLM tokens are used to pay for computations on the network, serving as the currency that drives the marketplace.
  • Requestors set bids in GLM for task completion, while Providers earn GLM by computing tasks.
  • Golem Network has an active Discord community for support and updates.
Token standard
erc-20

Local market

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