GOLEM (GNT) - The next big thing?

in #cryptocurrency7 years ago (edited)

Golem is an altcoin in the top 100 cryptocurrencies by market capitalization. Here are 3 reasons why you should consider investing in the Golem porject!

Golem-Project.png

1 - the current price of GNT (Golem) is around 0.90 USD (14.01.18) per token. If we look at the max. Supply (1 billion) and we compare it to a coin/token with a higher market capitalization but a similar Supply, we can see that those coins are worth double the money. For example one Ardor is worth about 2 USD (14.01.18) per token. So if the market capitalization of GNT increases, maybe moving the coin from the top 60s to the top 30s we can see a >100% price increase.

2 - now we said that in order for GNT to increase in value, just like on any other coin/token, the market capitalization has to increase. As you may know the goal of the Golem project is to have a decentralized supercomputer that everybody can access. This is actually a project that has use cases, so as soon as people or companies want to use that computer, they will purchase high amounts of GNT, so every time someone wants to use the golem supercomputer, the price will increase.

3 - the Golem project is actively being developed. In early 2018 they will release Brass Golem, which allows CGI rendering and processing. So it is one of the projects that already has a product. Later in 2018 they will also release GPU support, which will most likely also increase the use case scenarios, meaning that the price will increase. We know it is a legit project that will improve massively over time. So Golem (GNT), is one of the few newer projects that actually already has a usable product.