Golem
GLMSummary · 1dWait · short bias— too little traded volume to fill a sized position.
Score −43 · closed barEntry $0.117SL $0.1274TP1 $0.09626
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About Golem
Golem (GLM) is ranked #258 by market capitalisation, at $113.3M. Circulating supply: 1B GLM. The price is 91.4% below its all-time high of $1.32, set on April 13, 2018. Categories: Artificial Intelligence (AI), Ethereum Ecosystem, DePIN, Energi Ecosystem.
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.
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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?
Project description: CoinGecko (in English).