Golem Network Token (GLMV1) was a digital currency used as a means of exchange on the Golem Network, a decentralized platform for computing power. Created by Golem Factory GmbH, GLMV1 is an ERC-20 token built on the Ethereum blockchain. It was used to pay for services such as rendering graphics, scientific research, and machine learning, and to incentivize computing power providers on the network. GLMV1 could also be traded on cryptocurrency exchanges and stored in digital wallets.
