What is GLM?

_{What is Golem (GLM)?}

Golem Network stands out as an open-source and central-free platform that aims to revolutionize the field of artificial intelligence (AI).
The network creates a vibrant ecosystem by creating a peer-to-peer market for decentralized computing resources.
This eliminates the need to rely on a central server, allowing users to contact each other directly.

_{Founder/Date Founded:}

Information about the founder of the Golem Network is not yet completely clear.
Even the official website of the Golem Network does not name a single founder.
But other sources point out that the project may have originated from the team. Piotr Janiuk is often referred to as Golem's CEO.
Recognized as a preliminary concept designer and engaged in the design of the platform infrastructure,
Andrzej Regulski, expert in economics and fanatic of decentralized technology
As co-founder and COO of Golem Factory, his management and economics expertise is likely to be of great benefit.
In the early stages of the project, Aleksandra Skrzypczak, another co-founder of Golem Factory, was actively involved in the project from the very beginning,
Julian Zawistowski, a visionary in decentralized systems, served as CEO of Golem Factory until 2019.
His expertise in blockchain technology and decentralized systems is likely to play a crucial role in the development of Golem.

_{Objective/Use Case:}

Golem Network's goal is to create a decentralized market for computing power. This means that the platform is committed to providing space for users to be able to:

• Share idle computing power: Individuals can bring their own computer's idle processing resources to share on the network.
• Rent processing power: Users can rent processing power from others to use it for tasks that require high processing power.

_{Total supply/Limit or Unlimited:}

Total number of coins in circulation: $1,000,000,000 GLM

_{Supply Deflation:}

The Golem Network's GLM coins have coin volumes that can be static or variable, but there is no built-in Deflation system.

_Source:

‍Golem whitepaper

Docs.golem

CoinMarketCap/Golem

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