What is Golem (GNT)?

Golem Network is a platform for democratizing access to censorship-resistant computing power. It allows users to supply and lease idle hardware in a peer-to-peer manner. Golem currently operates as a decentralized alternative to centralized cloud computing solutions provided by Amazon, Microsoft, and IBM. The settlement layer of the protocol allows for the creation of a shared and alternative economy, where users earn passive income by leasing their hardware. The network is fueled by the Golem Network Token (GLM), which was previously identified by the ticker symbol GNT before a token swap in November 2020.