Golem-Cryptocurrency

Golem, an Ethereum based network, has released its beta mainnet implementation on April the 10th, 2018. The launching has been announced 10 months after its Initial Coin Offering that gathered 820,000 ETH.

Golem Released Mainnet Beta

In a blog post released by Golme’s developers, they informed that the mainnet implementation has been released. According to the post, the decision is based on the fact that even though the new stage will expose the project to risks, it is not possible to say that the product is finalized without real users.

The document released by Golem reads as follows:

“The road to mainnet for the Golem team has been a long and eventful one, there are many issues and challenges to tackle, but we are on the right path. We have also undergone a myriad of unforeseen circumstances in these two/three years. Yet the team kept their eye on the ball at all times, understanding that the project, and the complexity that building a marketplace for computations on a decentralized scenario implies, is a monumental goal that can contribute to the shared economy model and the blockchain ecosystem alike.”

At the moment of writing this article Golem is the 44th virtual currency in importance by market capitalization. Each Golem (GNT) coin can be bought for around $0.8 dollars. At the moment it has $661.16 million dollars market value. Back in January, this virtual currency reached its all time high after being traded over $1.15 dollars per coin.

Golem developers have been criticized by the community because of the lack of progress in the platform. At least now, they can be sure that the team is moving forward and working on the project.

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