Golem to Launch at Ethereum Network

One of the first ICO startups finally launched beta version
10 April 2018   602

After two years of development, one of the first ICO start-ups, which raised 820,000 ETH in 2016, is launched in the main network Ethereum. This is reported by Trustnodes.

The road to mainnet was a complex and challenging one, more than the Golem team would have expected. After 14 major (and some more minor ones…) software iterations of the Golem Alpha version that supported several OS including MacOS, Windows, and Linux; combined with more than two years of research and development, the Golem team decided to launch the Beta version, called Brass onto the Ethereum Mainnet.
 

Golem Team

Golem Mainnet 
Golem Mainnet

This is a beta version, so it can have some bugs. 

Golem is a dApp, and as any other, it required testing through a contained “laboratory”. But in order to progress, we need to get out of this comfort zone, and make sure the elements that we have worked hard, and continue to build, are responsive and working well on a decentralized setting.
 

Golem's Blog

Thus, the developers launched an experiment, the participants of which can lease the computing power of their computers to anyone who wants to.

The idea behind Golem developers is to create a super-computer that will combine the computing power of users' computers that want to sell them, and subsequently will redistribute these capacities in favor of those who need them.

The first area of application Golem will be the rendering of computer graphic interfaces (CGI). Typically, this task requires significant computing resources, which Golem is ready to provide at significantly lower prices than competitors.

It is also worth noting that this event had a great impact onto Golem price - it rose for 23% in 24h.

Golem Price ChartsGolem Price Charts

At the moment of press, these are main market parameters of GNT:

  • Average Price: $0,245395
  • 24h Vol: $45 280 900
  • Market Cap: $204 723 723

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Bittrex to List LOOM

LOOM is the token of the American startup Loom Network, which launches decentralized applications
18 July 2018   189

Popular cryptocurrency exchange Bittrex listed Loom Network token LOOM. 

As the team of the exchange said, trading with the crypto currency will begin in the near future. On the background of this news, LOOM showed a price jump fo 14%.

LOOM Price Chart
LOOM Price Chart

LOOM is the token of the American startup Loom Network, which is launching decentralized applications.

In January, Bittrex tightened the criteria for listing new tokens. Now, developers need to provide technical information about the token itself, as well as the data of at least one team member. At the moment, the exchange has 290 digital coins.