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One of the greatest memories of my life is the excitement I felt when we first started thinking about Golem. Weeks of discussion, followed by sleepless nights building the earliest prototypes told us “we can really do this”. When we finally announced publicly, we received more positive feedback and encouragement from the community than we ever expected. That push gave us every strength to carry on the work, and to this day we hope to live up to everyone’s expectations and truly change the world for the better.
Good news is that we have made great strides towards this ultimate goal. We’ve researched and solved some of the major issues in the realm of incentivized computing in a decentralized setting. Indeed we built the first decentralized platform and a market for computing power that has ever existed, and are set to further deliver in line with this original plan.
Golem Factory is today; one might say, a mature organism that efficiently deals with the Golem project, achieving new goals and improving on the development quality.
After almost five years since we started, without doubts or concerns regarding its further development, we’ve reached the point when we could take the next step.
This step is ... the Golem Foundation, which will strive for new - perhaps innovative and experimental, and at the same time riskier - approaches to the value proposition for Golem and for the Golem Network Token (GNT). This includes testing new hypotheses and looking for attractive solutions that potentially increase the value of the entire project in the future.
The Foundation has been endowed with a portion of the original capital raised in Golem’s crowdfunding, which also means taking a part of the original liability towards the community that generously supported us back in 2016. Such an expansion of ...
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