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Learn more about Golem
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Golem (GLM) price has increased today.
Golem (GLM) is priced at $0.499 today, with a 24-hour trading volume of $168,663,296.89. It is reflecting a 28.61% increase over the last 24 hours and a 31.33% increase over the past 7 days. With a circulating supply of 1.00 Billion GLM, Golem’s current market cap is at $498,962,900.95.
Understanding Golem (GLM)
Golem Factory launched the Golem Network on April 10, 2018. Imagine the Golem Network as a shared space where people offer and get computer power.
Everyone in this network is equal, and there’s no central control.
To use the Golem Network, you need the Golem Network Token (GNT). This token powers the whole system. If you want a task done, you offer a certain amount of GNT.
If you do a task for someone, you earn GNT. You decide how much GNT to charge or pay.
Golem offers several tools, including:
- Guides for both people who ask for and offer services
- Different tech frameworks
- Software tools in Python, JavaScript, and Rust
- The Golem Resource Hub, packed with helpful resources.
The Golem Token Circulation
The GNT token sale started and ended on November 11th, 2016. The sale finished in 29 minutes, and they made 1 billion GNT tokens.
82% of these went to the people who bought them. The Golem company kept 12%, and they gave 6% to the early supporters.
On November 19th, 2020, people could swap their GNT for a new token called GLM, one for one. This swap offer will always be there.
Origins of the Golem Network
In 2016, in Switzerland, Julian Zawistowski, Andrzej Regulski, Piotr Janiuk, and Aleksandra Skrzypczak started Golem Factory.
They first shared their big idea for the Golem Network at a conference in November 2014. After that, they started raising money in November 2016.
By 2019, they realized they needed to make the platform even better. They wanted to make something that could handle many different computing tasks.
In 2020, the Golem team worked hard to build a whole new system from scratch.
How to Buy Golem (GLM)
You can buy and trade GLM on various cryptocurrency exchanges like:
Most Used
More details
Binance is a great combination of low fees, deep liquidity and multiple cryptocurrencies and trading pairs. We have tested every aspect of it and it STILL holds its reign as the top exchange in the world. In our view, it is the perfect crypto exchange for both newbies and advanced traders alike.
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Biggest exchange in the world.
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Industry's lowest trading fees.
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Advance trading options like leverage trading.
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600+ crypto options, 150+ for the US.
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Lucrative on-site staking options.
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Hiccups in account verification.
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Less regulated than some competitors.
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The corporate structure is not transparently.
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For traders interested in exchanges with high liquidity, Huobi is a great choice. The exchange gives traders a low fee of 0.2% and gives addition discounts by holding the Huobi Token (HT). Huobi supports more than 700 crypto assets and have deposit and withdrawal of fiat currency. The downsides are regulatory compliance issues and bad customer support.
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High liquidity.
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Supports fiat currency.
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Low fees.
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High number of supported cryptocurrencies.
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Regulatory challenges.
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Wash trading accusation.
Coinweb’s Blockchain Trends can be used to discover trends before they become mainstream.
April 10, 2018.
The Golem Network Token (GNT).
1 billion GNT tokens.
Julian Zawistowski, Andrzej Regulski, Piotr Janiuk, and Aleksandra Skrzypczak.
On cryptocurrency exchanges like Binance and Huobi.
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