The Golem Network Token (GLM) is a utility cryptocurrency associated with the Golem project, a decentralized marketplace for computing power. Golem aims to create a global, peer-to-peer network where users can rent out their idle computer resources or utilize them to perform complex computational tasks. The project seeks to enable tasks such as rendering CGI, scientific simulations, machine learning, and more.
GLM serves as the means of exchange within the Golem ecosystem, allowing users to pay for computational services and compensate providers for the resources they contribute. It is built on the Ethereum blockchain and adheres to ERC-20 token standards.
The Total Supply of GLM tokens is 1,000,000,000 pieces, the current circulation is about 1,000,000,000 pieces, and the market circulation accounts for 100% of the total. The current price of a GLM is $0.1663, a decrease of 33.67% compared to a year ago. The current total market value of GLM is $166,172,356, and the FDV is about $166,172,356.
The Golem team is composed of developers, engineers, and experts in various fields who are dedicated to building a decentralized network that empowers users while revolutionizing the way computing power is utilized. They are focused on creating a secure, efficient, and reliable platform that fosters innovation and collaboration across industries.