The first truly decentralized supercomputer, creating a global market for computing power
What is Golem?
Golem is an open-source, decentralised computing network that provide access for computing power both in terms of hardware and software support. Current hardware and software computing solutions are provided by mega tech companies such as Google, IBM, Amazon and Microsoft. This monopoly results in an unhealthy market for computing services. Golem aims to solve this by utilising unused computing hardware all around the globe as well as software solutions provided by professional users. There are three main players in Golem network; requestors who request computational solutions through Golem, providers who provide computing hardware to Golem and software developers who provide software solutions.
GLM token is the native payment token within the Golem network. Requesters pays Golem in GLM for using their services. As an incentive for hardware and software providers, they are paid in GLM for their services. There is a total supply of 1 billion GLM token, all of them distributed during crowdfunding period.
Golem Project Investors ($17.2M)
NON- fungible Chan, Dean Patrick, Julian Sarokin, Continue Capital.