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Golem GLM |
BUY
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€0.1213453 |
-1.72% (24h) |
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Marketcap |
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€121,345,362 |
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Volume 24h |
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€5,889,575 |
Description
Golem (GLM) is a decentralized marketplace for computing power that allows users to rent out their idle hardware resources to others. Developers can use the network to perform complex tasks, such as CGI rendering or machine learning, at a fraction of the cost of centralized cloud services. The GLM token serves as the currency of the ecosystem, used by "requestors" to pay "providers" for the processing time used. By creating a global supercomputer, Golem aims to democratize access to high-performance computing and eliminate the reliance on tech giants.