Golem token rising due to new major Alpha release

Brass Golem Alpha2 0.10.0 was released containing long-awaited features and protocol optimizations and Golem token rose 62%
20 December 2017   1343

Golem is a project which lets users rent CPU/GPUs and get paid in cryptocurrency. On December 20, the new upgraded Brass Golem Alpha2 0.10.0 version was released. 

With the new version users can observe their incomes displayed in the GUI and check how many test GNT they have earned, tasks persistance was made to be able to be turned on by default, and the mprovements in the protocol to make Golem network more scalable and find other nodes quicker were implemented.

  • Handshake protocol was improved
  • Golem messages were moved to external module and refactored
  • Task-related messages were saved for Concent service
  • Additional messages for communication with Concent were added
  • Bootstrap choosing mechanism was improved.
  • Additional bootstrap nodes with lighter protocol (implemented in Golang) were added to Golem network

As soon as the news came out, the price of Golem token started rising which led to the number of 62% increase within past 7 days. Golem rose from $0,34 to $0,64 within a week and the market capitalization of the token grew from $288 million to $533 million during the same amount of time.

Golem charts december 2017Golem Charts

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

  • Average price: $0,57
  • Marketcap: $483 150 230
  • 24h volume: $23 151 500

ICOs to Lose Popularity, Diar Research Say

Diar assumes that in the future unregulated ICOs won't attract significant attention
11 December 2018   77

Although since the beginning of this year, ICO-startups have managed to raise over $ 12.2 billion, the November figure was only $ 65 million, according to data from a new study of the Diar portal.

According to analysts, the once popular method of financing, which allowed startups to attract tens and hundreds of millions of dollars in the absence of any product, exhausted itself against the background of fears about regulators' actions and the general dynamics of the cryptocurrency market, which did not leave retail investors with anything except for an unpleasant aftertaste.

This version is also supported by the data from the TokenData portal, which Diar leads in his research. Even with respect to the October levels, which constituted only a small fraction of what could be collected a few months ago, the November figures were 3 times lower.

Diar assumes that in the future unregulated ICOs as we have known them over the past years will no longer attract significant attention and will give way to regulated platforms of tokenized securities.