This week, the GLM crypto asset will be listed on Indodax. Open deposit will start on April 20, 2022 at 14:00 WIB and open trading will start on April 21, 2022 also at 14:00 WIB.
One of the crypto assets that works on the ERC20 network, GLM is now available on Indodax. Golem (GLM) will be a decentralized platform for solving computing tasks using giant computers. Let’s cut to the chase! Come and find out more here!
What is Golem (GLM)
Golem (GLM) is an Ethereum token that allows users to pay or receive payments for resources via the Golem protocol. This protocol aims to allow participants in the network to lend the backup processing power of their computers to others.
The Beginning of Golem Network (GLM)
The Golem Factory was founded in Switzerland in 2016 by Julian Zawistowski, Andrzej Regulski, Piotr Janiuk, Aleksandra Skrzypczak
The idea for the Golem Network was first presented during DevCon 0 in November 2014. This decentralized platform is intended to be the first proxy-free and censorship-resistant environment for computer-intensive projects worldwide. After introducing this concept at DevCon 0, the team worked tirelessly to develop the Golem Network, launching a public crowdfunding event on November 11, 2016.
In 2019, based on their collective learning, the team realized that they needed a completely new architecture to build a more comprehensive platform for common distributed computing. This ultimately results in a new, improved architecture and a new building approach designed to give the user endless possibilities when it comes to crafting on top of Golems.
How Golems (GLM) work
Golem will be a decentralized platform for completing computing tasks using giant computers. Users would upload computing tasks to the Golem network, and those tasks would be spread out among tens, hundreds, or even thousands of computers connected to the network.
Users on the Golem network will exchange GNT tokens for compute output. For example, a node in the Golem network will use its computing power to create part of a larger CGI project. The node will then be allocated a number of GNT according to the amount of computing power it uses.
Golem uses Ethereum smart contracts to distribute payments. Smart contracts automatically calculate and distribute computer-generated funds to complete tasks without the involvement of third parties.
Transactions on the Golem network occur through a multi-agent system that matches user requests with appropriate computers to complete a given task. Assignments are defined by the applicant with an easy-to-use Task Definition Framework.
The Golem Network also includes App Registration which allows any user on the network to create and release Golem based apps, for free or for profit (if they wish). The app can also be used to complete micropayments.
GLM Crypto Assets
The current CoinMarketCap ranking is #142, with a live market cap of $402,025,595 USD. It has a circulating supply of 1,000,000,000 GLM coins and a max. supply of 1,000,000,000 GLM coins.
How to Buy GLM Crypto Assets on Indodax
For those of you who want to buy GLM crypto assets, you can buy them on Indodax starting April 20, 2022 at 14:00 WIB
Here’s how to buy it:
- For those of you who are not yet a member, you can click the link here
- After that, make a deposit. For those of you who are confused about how to deposit, click on this link
- After your deposit and balance come in, you can return to the market
- Look for GLM in the Rupiah market then click
- After entering, all you have to do is buy by filling in the balance and at what price you want to buy GLM. You can also buy it instantly or directly at the current price
- After that, you need to patiently wait for the price to increase for some time
- After the price increases, you can sell it at a higher price with the instant method
- If you sell with the limit method, you can place orders after buying. Make sure you enter a higher number when selling.