What is Golem (GNT)?
Golem is a global, open-source, decentralized supercomputer that anyone can access. It is built with the combined power of user’s machines, from PCs to entire data centers. Golem is capable of computing a wide variety of tasks, from CGI rendering, through machine learning to scientific computing. Golem project can be very useful for industries where heavy computational power is needed, for example, 3D image processing.
Golem (GNT): History
The Alpha version of Golem was issued in August 2016. The founders of Golem are Julian Zawistowski, Piotr Janiuk, Andrzej Regulski and Wendell Davis.Golem’s ICO was launched to collect 820,000 Ethers (~9 million USD), and the target was reached within 30 minutes, getting it a hugely successful ICO.
How Does Golem (GNT) Work?
Golem wants to build a decentralized supercomputer by tapping into the computational powers of their users. Providers, who supply computing power to the network and get paid for doing so. On the other hand, the users who are lending this power to the first user will be compensated, according to their contributions. Authors, who build the software on the Application Registry and can set their schemes for payment. All these transactions will be automated and use Golem as the currency. Golem runs on Ethereum network, and it makes good use of EVM and Smart Contracts of the Ethereum network for making the transactions within the network.To hire the computing power, there are several modes such as per node, per hour, etc.
How to Buy Golem (GNT)?
First of all, you have to create a Golem wallet for storing your coins safe. You can use MyEtherWallet as it is the easiest and most convenient option for storing your coins. MyEtherWallet can store any coin on the Ethereum, including Golem. Then you have to go to the myetherwallet.com and then enter a password that would be hard to guess. If you forget this password, you might lose the access to your coins. Now purchase Golem by using Coinbase. After that exchange it for Golem.
Golem (GNT) Price Prediction 2018
GNT can be a profitable investment option. Golem price equal to 0.636 USD at 2018-01-22. If you buy Golem for 100 dollars today, you will get a total of 157.314 GNT. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-20 is 3.310 US Dollars. With a 5-year investment, the revenue is expected to be around +420.77%. Your current $100 investment may be up to $520.77 in 2022. Golem (GNT) price today is $0.636413 and have the current supply of 834,262,000 GNT. The market cap value is $530,935,182, and the volume is marked as $9,533,700. Golem (GNT) price today, Golem (GNT) where to buy, Golem (GNT) price chart, Golem (GNT) history, Golem (GNT) market cap, Golem (GNT) exchanges, Golem (GNT) mining, Golem (GNT) mining software.