GLM
GLM Rank #269
Decentralized ComputeInfrastructure
₹11.60
▲ 3.79%
24h
Market Cap
₹11,596,000,000
24h Volume
₹26,010
All-Time High
₹126.18
All-Time Low
₹0.873456
Circ. Supply
1,000,000,000
Fully Diluted
—
Price Chart
24h Price Range
INR
₹11.17
₹11.60
Overview
About GLM
Golem is a decentralized marketplace for computing power, letting users rent out spare processing capacity from their own computers to others who need it. Its token, GLM, is used to pay for compute tasks.
Golem was one of the earliest Ethereum-based projects, founded by Julian Zawistowski and launched through a 2016 token sale, aiming to create a global marketplace for computing power well before decentralized compute became a popular category.
Golem connects users who need computing power for tasks like rendering, machine learning, or scientific computation with providers who have spare capacity on their own machines, coordinating payment and task distribution through the network. It has gone through several major technical iterations since its original launch.
GLM is the payment currency of the Golem network, used by requestors to pay for computation and earned by providers who supply their hardware to the network. As one of the longest-running projects in the decentralized compute space, Golem predates the current wave of AI-driven demand for distributed computing resources.
Key Facts
Market Rank#269
Circulating1,000,000,000 GLM
SymbolGLM
