Golem is a new technology that wants to decentralize computer power. Golem has the potential to function as a global supercomputer. At Golem it is possible to rent the capacity / computing power of a supercomputer, paid by the Golem coin (GNT). The application runs on the blockchain network of Ethereum.
In the Jewish folklore the Golem originated to become a versatile being with infinite power and potential. This is the ideal metaphor for what the Golem cryptocurrency is trying to achieve with its services. Golem wants to offer the world computing power so that they can create solutions for many urgent questions and problems that are urgently needed.
The mission of Golem is to make computer power accessible to everyone. The starting point here is that you only pay for what you use. It is comparable to AirBnb where you can rent your room if you do not use it. The team consists of more than 25 men and is led by Julian Zawistowski. Most employees are of Polish origin.
In total there are 1 billion GNT tokens and of which 82% were sold during the ICO in November 2016. The remaining 12% are owned by the company Golem and 6% are for the team.