Golem
GLM
$0.101
1.28
%
#76
26
9
3
11
3
0
AI Summary
Last updated Nov 10, 2026Golem enables users to rent out their unused computing power to others in need of processing resources. This decentralized network allows for a range of applications, from rendering graphics to running complex calculations.
As of now, Golem ranks #78 among cryptocurrencies. It has a circulating supply of one billion tokens, which also constitutes its maximum and total supply. The project was launched on November 17, 2017.
The Golem project was founded by a team of developers with a vision to create a more collaborative and efficient computing environment. Since its inception, it has aimed to revolutionize how computing resources are accessed and utilized, fostering a community of contributors and users.
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Frequently asked questions
What is Golem (GLM)?
Golem (GLM) is a decentralized peer-to-peer computing network that makes it possible for users to rent out their unused computing power and in return gain GLM Tokens as rewards. The token is created as an ERC-20 token on the Ethereum blockchain. The goal of the Golem (GLM) project is to solve the inefficiencies and high costs associated with traditional/established cloud computing services by providing a more open, decentralized, and cost-effective alternative.
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Challenges of Golem (GLM)
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