Golem to Launch at Ethereum Network

One of the first ICO startups finally launched beta version
10 April 2018   802

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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Eidoo to Release Gold Backed Stablecoin

New stablecoin is called Ekon and it will be possible to it for one gram of gold of 999 test
20 September 2018   252

The Swiss blockchain start-up Eidoo has joined the ranks of projects launching own stablecoins, announcing the creation of a stable coin tied to the price of gold.

Eidoo's stablecoin is called Ekon and is a token compatible with the ERC-20 standard, which will be available in a multi-currency purse and on a hybrid decentralized project exchange. It will be possible to exchange 1 Ekon for one gram of gold of 999 test, which is in a special storehouse. Reserves of gold will be audited every 90 days, moreover, to increase confidence in the token, the company promises to be able to watch gold vault via a video camera.

The profit from the purchase and sale of Ekon within the Eidoo ecosystem will be converted into a native EDO project token.

Despite the uniqueness of the offer of the Swiss start-up, not all experts agree with its usefulness, since the price of precious metal is not so stable. So, for the last six months it has fallen by almost $ 150, however it has grown by $ 25 since the end of August.

In October 2017, Eidoo raised $ 27.9 million in a token, and in April of this year received a license from the Swiss Financial Services Standards Supervision Authority (VQF) under the national financial regulator (FINMA).