The future value of present money holds tremendous importance when it comes to investing wisely. The same may apply to cryptocurrencies as well. Whether it is a stock, an investment tool, or a cryptocurrency, based on the way it is performing and growing, one should invest when the values are relatively low. This is because they are likely to surge in the near future! This is exactly what is estimated to happen to Golem Coin.
Golem is often referred to as “Airbnb for computers” perhaps because it enables you to rent your computing space or develop and sell software and earn money.” The cryptocurrency Golem Network Token (GNT) comes with a unique concept. It is a “global, open sourced, decentralized supercomputer” which is made of a number of machines put to use together, and it could be a combination of anything from your personal laptop to a whole datacenter. People who want to earn GNT should install the Golem software in the machines and the remaining process of getting the jobs and payment is automated.
The Singapore-based digital asset exchange Huobi.pro reportedly launched Golem along with a few other cryptocurrencies. Its platform is known for its strong marketing capabilities and security features. (Source: Digital Asset List, Huobi.pro-December 20, 2017)
The Golem team has reportedly partnered with various blockchain projects such as Streamr to tokenize data streams and FriendUP for a safe infrastructure and information exchange. (Source: Golem Project Blog, December 20, 2017)
Golem has a number of applications in computer graphics, machine learning, business, scientific research, and more. Golem price is estimated to surge because of this unique, secure, and inexpensive concept. As of December 19, 2017, it was valued around $0.51. In November last year, it had a modest value of $0.01 but witnessed some peaks later. It hovered between $0.4 and $0.6 from May to October this year. The value fell and fluctuated between $0.1 and $0.3 in October and November. But in December it again rose to be around $0.5. Golem is right now in its alpha stage and is expected to release in early 2018; it would be called Brass Golem.
On the whole, Golem seems to be a gamechanger when it comes to the execution and speed of computing tasks. With robust security and many applications, it is likely to cause disruption in the market with perhaps only a few indirect competitors such as Render Token (RNDR). Golem GNT can tread its way forward with leaps and bounds and has the potential to be among the top 10 cryptocurrencies.