Golem GNT

$0.1515
Market Cap $ 145.402 MM (#50)
24h Volume $ 2.058 MM
Chg. 24h: -5.75%
Algo. score 4.3/5  (#17)
Show Quick Stats

Golem project purpose and description

Golem clarity of purpose

Golem purpose and aspects

First fully decentralized super computer. Computers are connected in a peer-to-peer network enabling users to rent resources of other users' machines.

Golem additional differentiation against competition

several use cases for renting computing units such as research and more

Short description

The Golem Network is an accessible-to-everyone, distributed, supercomputer that reduces osts (sometimes by over 10x) of scientific research, big data analysis, graphics endering, machine learning, AI… just about anything that requires heavy computational ower. Those why buy computational power off the Golem Network are called Requesters.

Abstract

Golem is the first truly ​ decentralized supercomputer, creating a global market for computing power. Combined with flexible tools to aid developers in securely distributing and monetizing their software, Golem altogether changes the way compute tasks are organized and executed. By powering decentralized microservices and asynchronous task execution, Golem is set to become a key building block for future Internet service providers and software development. And, by substantially lowering the price of computations, complex applications such as CGI rendering, scientific calculation, and machine learning become more accessible to everyone.

Link to Roadmap: https://golem.network/crowdfunding/Golemwhitepaper.pdf
Enjoying our data? We have spent over 4000 hours on Platform Development and Coin Research. Donations are welcome!
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. We'll open source these formulas soon. Past performance is not necessarily indicative of future results. Read the full disclaimer here.
Dark Theme   Light Theme