Golem (GNT) Price Today

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Everything You Need To Know About Golem

What is Golem?

The blockchain is everywhere. From letting users share monetary value, and even hard drive storage space (like in Siacoin), there’s now also a way to share computing power. In fact, Golem is amongst the earliest ideas on the blockchain concept. Not all of us use our computer’s processors to their fullest, and Golem hopes to monetize this performance potential by letting you rent out your processing power to the world, and earn in the process.

Golem: The Basics

Golem is a bank of the computing power of the connected machines - a decentralized network of performance at its core. To put it simply, Golem helps your computer power turn into currency. You can loan out your computer resources you are not currently using, and Golem converts the idle power into actual work.

GNT, or Golem Network Token, is the unit of measuring what one pays as the rental. The prices are determined by who loans the power out. But just like all other perfectly competitive markets, it works only when it’s fair to all.

Golem Development

The Golem team is led by Julian Zawistowski. The first alpha version released in August 2016. Later releases followed with improvements to the network’s security and rendering.

The Golem team wants to build a decentralized global platform for microservices, which they like to call “new Internet of tomorrow.” More here.

Golem (GNT) Price for Today

Currently, Golem (GNT) price is up 2.81% and it's trading at $0.162422 today. The market capitalization of Golem now stands $155,802,318 million with 959,242,000 GNT in circulation. The 24-hour price movement chart indicates that $1,916,970 worth of GNT were trading. The price peaked to $0.159155 in the last 24 hours while the lowest price was $0.151232. Source: https://coinmarketcap.com/currencies/golem-network-tokens/

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Price Update:

Currently, Golem (GNT) price for today is $0.163839 it's up by 3.32% at the time of writing. Its current circulating supply is 959,242,000 GNT with a market cap of $157,160,965. https://coinmarketcap.com/currencies/golem-network-tokens/

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Currently the price of Golem is $0.152922.It has a current circulating supply of 959,242,000GNT.Its market cap $146,688,984.Golem(GNT)'s price is down by -6.1% today.Volume24hours $4,128,308.