Question 1

What is Golem Network?

Accepted Answer

Golem Network is a decentralised computing platform that enables users to share and monetise computational power. It operates as a peer-to-peer marketplace where users can rent out their idle computing resources to others who need processing power for computational tasks. The network is designed to offer an alternative to traditional cloud computing by distributing workloads across decentralised providers.

Golem aims to support a variety of use cases, including CGI rendering, scientific calculations, and machine learning. The platform allows requestors to access computational resources on demand, while providers earn compensation for sharing their idle processing power.

Question 2

What is Golem Network Token (GLM) used for?

Accepted Answer

GLM is the native token of the Golem Network and serves multiple functions:

* **Payment for Computing Power:** GLM is used as the primary medium of exchange between users who need computational resources and those who provide them.
* **Incentives for Providers:** Users who share their computing resources are rewarded in GLM tokens.
* **Access to Services:** Requestors use GLM to pay for specific computational tasks, such as rendering or machine learning model training.

Question 3

AI Integration in Golem Network

Accepted Answer

Golem Network provides decentralised computing resources that can be utilised for artificial intelligence (AI) and machine learning applications. AI-related use cases include:

* **Machine Learning Model Training:** Distributed computing power can be used for training complex AI models.
* **Data Processing for AI Applications:** Users can leverage Golem’s infrastructure to run AI algorithms that require high-performance computing.
* **Decentralised AI Workflows:** Golem allows AI developers to distribute workloads across multiple independent providers instead of relying on centralised cloud services.

Question 4

Who created Golem Network Token (GLM)?

Accepted Answer

Golem Network Token (GLM) was created by Golem Factory GmbH, a software development company based in Germany. The company was founded in 2016 by Julian Zawistowski and Piotr Janiuk.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	GLM-USDT GLMUSDT	binance	AA	0.1026USDT	-4.29%	998,266.50GLM	2,531	0.1072USDT	0.1081USDT
2	GLM-USDT GLM_USDT	whitebit	BB	0.1026USDT	-4.11%	462,332.25GLM	6,060	0.1070USDT	0.1082USDT
3	GLM-USDT GLM-USDT	okex	A	0.1033USDT	-4.00%	227,992.37GLM	345	0.1076USDT	0.1076USDT
4	GLM-USD GLM-USD	coinbase	AA	0.1027USD	-3.84%	121,850.90GLM	120	0.1068USD	0.1075USD
5	GLM-USDT GLMUSDT_SPBL	bitget	BB	0.1027USDT	-3.84%	129,096.00GLM	314	0.1068USDT	0.1082USDT
6	GLM-USDT GLM_USDT	gateio	A	0.1030USDT	-3.53%	58,459.00GLM	79	0.1067USDT	0.1073USDT
7	GLM-USDT GLM-USDT	kucoin	BB	0.1026USDT	-4.65%	39,089.22GLM	117	0.1076USDT	0.1076USDT
8	GLM-BTC GLM_BTC	whitebit	BB	0.0₅1360BTC	-3.55%	14,402.58GLM	24	0.0₅1410BTC	0.0₅1410BTC
9	GLM-USDC GLM-USDC	okex	A	0.1027USDC	-4.26%	9,148.49GLM	23	0.1073USDC	0.1073USDC
10	GLM-EUR GLM-EUR	okex	A	0.09094EUR	-3.21%	1,822.10GLM	2	0.09396EUR	0.09396EUR
11	GLM-USD GLM_USD	cryptodotcom	AA	0.1014USD	-6.38%	1,298.00GLM	1	0.1083USD	0.1083USD
12	GLM-USDT GLMUSDT	bitrue	D	0.1025USDT	-4.30%	1,552,209.30GLM	36,601	0.1071USDT	0.1082USDT
13	GLM-KRW KRW-GLM	upbit	B	141.00KRW	-4.08%	983,676.22GLM	351	147.00KRW	147.00KRW
14	GLM-USDT GLM_USDT	bitunix	C	0.1026USDT	-4.11%	656,022.30GLM	5,874	0.1070USDT	0.1080USDT
15	GLM-USDT GLM-USDT	bingx	D	0.1026USDT	-4.02%	278,178.63GLM	4,370	0.1069USDT	0.1081USDT
16	GLM-TRY GLMTRY	btcturk	E	5.13TRY	-4.09%	123,726.50GLM	45	5.35TRY	5.40TRY
17	GLM-USDT glm_usdt	digifinex	D	0.1026USDT	-4.11%	109,947.40GLM	943	0.1070USDT	0.1080USDT
18	GLM-KRW GLM_KRW	bithumbkorea	-	139.00KRW	-4.14%	97,094.68GLM	79	145.00KRW	145.00KRW
19	GLM-USDT glmusdt	huobipro	C	0.09950USDT	-5.78%	84,338.69GLM	138	0.1056USDT	0.1066USDT
20	GLM-EUR GLM-EUR	bitvavo	B	0.09094EUR	-5.24%	66,866.90GLM	20	0.09597EUR	0.09657EUR
21	GLM-USDT GLMUSDT	btcturk	E	0.09950USDT	-7.18%	16,241.49GLM	4	0.1072USDT	0.1072USDT
22	GLM-INR GLMINR	coindcx	-	10.13INR	-2.78%	12,056.24GLM	26	10.42INR	10.75INR
23	GLM-USDT GLM_USDT	poloniex	C	0.01000USDT	0.00%	0GLM	0	0.01000USDT	0.01000USDT
24	GLM-USDT GLMUSDT	latoken	D	0.1140USDT	0.00%	0GLM	0	0.1140USDT	0.1140USDT
25	GLM-USDT GLM_USDT	cryptology	D	0.09170USDT	0.00%	0GLM	0	0.09170USDT	0.09170USDT
26	GLM-THB THB_GLM	bitkub	C	3.46THB	-3.33%	2,555.98GLM	11	3.58THB	3.68THB
27	GLM-USDT GLMUSDT	hitbtc	E	0.1114USDT	0.00%	0GLM	0	0.1114USDT	0.1114USDT
28	GLM-IDR glmidr	indodax	E	1,803.00IDR	-6.48%	626.32GLM	9	1,928.00IDR	1,942.00IDR
29	GLM-AUD GNT-AUD	btcmarkets	C	0.1750AUD	0.00%	0GLM	0	0.1750AUD	0.1750AUD
30	GLM-BTC BTC-GLM	upbit	B	0.0₅1440BTC	0.00%	0GLM	0	0.0₅1440BTC	0.0₅1440BTC
31	GLM-USDT GLMUSDT	binanceusa	B	0.1032USDT	-15.96%	289.30GLM	2	0.1228USDT	0.1228USDT
32	GLM-KRW GLM_KRW	coinone	C	141.90KRW	0.00%	0GLM	0	141.90KRW	141.90KRW
33	GLM-KRW GLM-KRW	gopax	D	171.00KRW	0.00%	0GLM	0	171.00KRW	171.00KRW
34	GLM-INR GLMINR	bitbns	-	5.00INR	0.00%	0GLM	0	5.00INR	5.00INR
35	GLM-BRL GLM-BRL	mercadobtc	C	0.5532BRL	0.00%	0GLM	0	0.5532BRL	0.5532BRL
36	GLM-USDC GLMUSDC	hitbtc	E	0.1110USDC	0.00%	0GLM	0	0.1110USDC	0.1110USDC
37	GLM-BTC GLMBTC	hitbtc	E	0.0₅1507BTC	0.00%	0GLM	0	0.0₅1507BTC	0.0₅1507BTC