1H
0.36%$0.0008
24H
3.49%$0.0071
7D
0.99%$0.0021
30D
8.12%$0.0159
The Golem (Golem Network) platform is a marketplace for computing power. On the peer-to-peer network, unused computational resources can be rented out to users wishing to perform memory-intensive tasks, who pay the provider in Golem’s cryptocurrency. The idea is that an individual possessing, say, a high-end gaming rig can profit from allowing another to use its GPU/CPU cycles for anything from CGI rendering to training neural nets. Resources that once would have sat idle can now be monetized on the decentralized network.
As Initial Exchange Offerings (IEO) started to gain traction sometimes causing some confusion within crypto space, we decided to create this comprehensive guide and take a look at the key features of this crowdfunding strategy.
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