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What happened: GLM price surged earlier today, while trading volumes increased by over 1500%.
The Golem project was launched in 2016 by a team based in Switzerland. It is a decentralized platform that was intended to be the first proxy-free and censorship-resistant environment for computer-intensive projects around the world.
It is a decentralized computation network that serves as a new way of distributing redundant computing power to those who are in need of it, on-demand.
GLM acts as Golem’s Network Token that is needed to pay for computations on the network and is the currency that drives the marketplace.
“Golem provides the most reliable alternative to cloud infrastructure and data centers.”, said Golem Network CEO Piotr Janiuk in a recent blog. ....

Piotr Janiuk , Golem Network Tokens , Massachusetts Institute Of Technology , Golem Network , Network Token , Massachusetts Institute , கோலெம் வலைப்பின்னல் டோக்கன்கள் , மாசசூசெட்ஸ் நிறுவனம் ஆஃப் தொழில்நுட்பம் , கோலெம் வலைப்பின்னல் , வலைப்பின்னல் டோக்கன் , மாசசூசெட்ஸ் நிறுவனம் ,