Golem price (GNT)

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$0.155885 AUD

Market cap

$158.8M

Volume 24hr

$5.8M

Supply

990.7M GNT

What is Golem?

Ability to share computing power
Collaboration
Cloud provision

Golem is a global, open sourced decentralised supercomputer that anyone can access.

It combines the computing power of every computer on its network, allowing users to perform power-heavy tasks such as CGI rendering, machine learning and scientific computing.

In the Golem ecosystem, one can loan out their computer’s spare resources to others who need the additional power to perform these complex computations and tasks.

Users who lend computing power are rewarded in the GNT digital currency.

Golem (GNT) is specifically designed to facilitate the creation of a decentralised global supercomputer, with the goal of letting anyone securely buy and sell excess computing power with GNT tokens or golum coins. Not all of us use our computer’s processors to their fullest, and Golem hopes to monetise this performance potential by letting you rent out your processing power to the world, and earn in the process - in the form of golum coin. To put it simply, Golem helps your computer power turn into currency - golum coin. You can loan out the computer resources you are not currently using, and Golem converts the idle power into actual work. GNT, or Golem Network Token, or Golum coin, 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 (GNT) is a peer-to-peer decentralised marketplace for computing power. It utilises blockchain technology, cloud computing and all its opportunities. The project aims to be an alternative to centralised cloud service providers, like Google for instance, with its lower price point and open-source community of developers. The platform is a so called Worldwide Computer which allows everyone to make a contribution. At this stage, the system allows users or providers to lease some extra CPU power in exchange for a reward from customers who create products that require large sources of energy. The Golem network pools global computing power and enables users to access these resources with GNT or golum coin. Golum coin holders pay resource owners to complete tasks requiring computational resources. The network is composed of the aggregated power of many user devices. Golem is reportedly able to compute various tasks including computer graphics and CGI, machine learning (think artificial intelligence), cryptography and mining, supercomputer analysis, decentralised on demand web hosting and decentralised micro services. Transactions between participants are deemed to be safe. Golem, being one of the most well funded crypto projects, has given great results as anticipated. The Golum coin team is well managed and has been continually working on making Golem a success story in the blockchain world. Golem’s user-friendly features make golum coin a popular choice among the ever-expanding user base. These factors should work in favour of golum coin and improve its price and standing in the market. Golem coin is a coin of the future and a significant investment from a long-term perspective.

How do I buy Golem?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of Golem that you would like to buy.
  3. Confirm your purchase and Golem will be instantly delivered to your Cointree account.

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Why is Cointree the best place to buy Golem?

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We'll guide you through your first purchase. We offer many deposit methods and like to keep things simple and easy to understand.

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Buy Golem within minutes. Our low fees are backed up with transparent quotes. Get more Golem for your money.

Safe and secure

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Made for you

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What can you do with your Golem?

Hold Golem

A lot of members like to hold onto their Golem in case it increases in value. You can hold your Golem in your Cointree account or transfer it to a private wallet.

Trade Golem

Cointree allows you to trade any portion of your Golem to over 100 other digital currencies instantly.

Send Golem

When buying Golem with Cointree, you are able to send your Golem to any other Golem wallet easily and instantly.

Spend Golem

You can use Golem to buy many things online aswell as in physical stores. More businesses are accepting Golem every day.

Learn About Golem

Cointree provides a comprehensive learning hub to turn you from a beginner to an expert in no time.

Pay Bills With Golem

You can pay any Australian BPAY bill using any digital currency.

Buy in just a few minutes

Start with as little as AUD $20 and pay with your bank account.