GLM
$0.27

Golem (GLM) Price

$0.27
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Golem (GLM) Price Today

The live price of Golem is $0.27 USD. In the past 24 hours, the trading volume of Golem was $9.6M USD, with a change of +0.49%. The current live price of Golem has changed by -7.72% from its 7-day high of $0.29 USD and by +3.04% from its 7-day low of $0.26 USD. With a circulating supply of $1,000,000,000.00 GLM, the market cap of Golem is currently $269.7M USD, marking a -0.39% change in the last 24 hours. Golem currently ranks 160 by market capitalization.

Golem (GLM) Market Data

Market Cap
$270.5M
24h Volume
$9.6M
Circulating Supply
1B GLM
Maximum Supply
1B GLM
Fully Diluted Market Cap
$270.5M
Liquidity Indicator
3.57%
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About Golem (GLM)

Golem is the first open-source fully-decentralized supercomputer to create a global market for high computing energy. Powered by its native utility cryptocurrency, GLM, Golem seamlessly combines flexible developer tools securely and safely. Golem distributes these tools and monetizes the developers' software. By executing several asynchronous tasks and powering decentralized microservices Golem is on track to become a fundamental building block for futuristic Internet Service Providers (ISP) and software development.


By substantially reducing the cost of computations processed, Machine Learning, scientific calculation, and complex applications (such as CGI rendering) become accessible to every user of the Golem project. Golem easily connects computers in a Peer-to-Peer (P2P) networking system that enables individual users and application owners to rent resources of other Golem users' machines. The resources can be utilized to perform tasks that require capacity and any amount of processing time. Such resources are also released by centralized cloud providers which are limited by proprietary payment systems, closed networks, and hard-coded operations. 

 

Golem's Features and Updates

A fundamental built-in Golem feature is a dedicated Ethereum-based system that is specialized in performing transactions, enabling direct payment between providers, requesters (purchasers), and software developers. The Golem Peer-to-Peer (P2P) network intends to be built on a continuation of the Developed Peer-to-Peer (devP2P) protocol series. The set devP2P series was spearheaded at the Ethereum Foundation and will experience improvements in modularity, latency, robustness, the inclusion of suitable IPFS and libP2P standards, and confidentiality.


Golem aims to take certain measures to achieve resilience. To begin with, signed and encrypted messages in the Golem network will ensure authenticity to protect data against passive data collection and intermediary attacks. Computation will take place in isolated environments. These environments will possess few privileges and lack external network connectivity. 


Whitelist and blacklist mechanisms will allow providers to create trust networks and run only the applications that have been prepared by trusted developers. Reputation systems will also be included to help detect malicious nodes and mitigate them. The Ethereum integration in Golem will make payment-based security mechanisms possible. Finally, security audits will be carried out for each release made by external contractors.


Golem's Team

The minds behind the Golem network are intentional about unleashing high computing power that is accessible to all developers. Some top members of the team include;

  • Piotr Janiuk (Acting Ceo, Co-founder),
  • Przemysław Rekucki (CTO),
  • Grzegorz Nowakowski (Advisor),
  • Paweł Burghardt (Chief Product Officer),
  • Agnieszka Stawowczyk (Operations Supervisor),
  • Mikołaj Barwicki (Architect),
  • Jan Betley (Senior Software Engineer),
  • Arkadiusz Cybulski (Project Manager),
  • Agnieszka Grzechowiak (HR Manager),
  • Natalia Kulas (Frontend Developer),
  • Hossein Meyer (Business & Product Development),
  • Wojciech Ługowski (Legals), and
  • Aleksandra Mohandass (Executive Assistant).

Information source

Golem (GLM) Price Converter

GLM to USD
1 GLM = $ 0.27
GLM to VND
1 GLM = ₫ 7,024.72
GLM to EUR
1 GLM = € 0.23
GLM to TWD
1 GLM = NT$ 8.31
GLM to IDR
1 GLM = Rp 4,455.73
GLM to PLN
1 GLM = zł 1.02
GLM to UZS
1 GLM = so'm 3,494.96
GLM to JPY
1 GLM = ¥ 39.22
GLM to RUB
1 GLM = ₽ 22.38
GLM to TRY
1 GLM = ₺ 10.42
GLM to THB
1 GLM = ฿ 8.95
GLM to UAH
1 GLM = ₴ 11.26
GLM to SAR
1 GLM = ر.س 1.01
Golem Price Converter

How to Buy Golem (GLM)

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.