Price Prediction 2018: Golem

Golem’s network works as a peer-to-peer network built on the Ethereum blockchain that has no central server. Users can rent unused GPU/CPU and get paid in GNT-Golem’s token.

Last year was a great year for Golem and its team. They announced the opening of the GitHub public repository in August 2017, and later in October, the team developed the Brass Golem rendering application which was the first use-case known. In November, Golem made partnerships with Friend Software Corporation which really improved they user base.

Golem already has some great partnerships and this is one of the reasons why it’s expected to reach the stage of an early-stage venture. Many companies want to start building on top of Golem’s infrastructure which is great news for the price of Golem. They are, however, experience some technological challenges and because of this, they will need a little longer time and resources to finish them. Despite the challenges, Golem has a lot of reasons to stay optimistic.

Golem is capable of solving difficult mathematical problems and processing complex computations by using the computing power of its user computers, machines as well as data centers. On the Golem protocol, each user is incentivized to lease their computing power to individuals and businesses in need of massive computing power to carry out the intensive tasks such as CGI rendering. Golem also lets users share and monetize their computing power. It is popular for its role in computing-processing power that enables machines globally to interact with each other. That means that all other excess computing power will be saved and later used by scientist and training for algorithms and much more.