What Is Golem Network?
Golem Network is an open-source, decentralized computing platform that is building an ecosystem to provide computing power to the AI industry. 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.
What is GLM?
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.
How can I get involved?
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.
Where is Golem available for purchase?
You can exchange GLM tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Golem is CoinUp, notably the GLM/USDT pair, which saw a trading volume of $ 5,04 MLN. in the past day. Additionally, HTX and Upbit are popular alternatives for trading tokens.
What is the highest value Golem (GLM) has ever reached?
Golem (GLM) reached its peak price at 1.32 $ on 13 April 2018, approximately 7 years ago ago. Presently, the current price is -80.86% lower than this all-time high.
What is the historical minimum price for Golem (GLM)?
The minimum price reached for Golem (GLM) was 0.009137 $, documented on 12 December 2016, more than 9 years ago. In comparison, the current price is 2,664.69%, it above this historical low.
What is the fully diluted valuation of Golem (GLM)?
The fully diluted valuation (FDV) of Golem (GLM) stands at $ 243,23 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of GLM tokens. The realization of this FDV might take several years depending on the emission schedule of GLM tokens.
How to add Golem (GLM) to MetaMask?
By integrating Golem (GLM) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import GLM as a token. You can either manually import GLM by copying its contract address (0x7dd9c5cba05e151c895fde1cf355c9a1d5da6429) or use MetaMask's Chrome extension to add GLM with a single click through P.CASH.
How to add Golem (GLM) to TrustWallet?
Incorporating Golem (GLM) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include GLM, you can either manually import it using the contract address (0x7dd9c5cba05e151c895fde1cf355c9a1d5da6429) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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