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Golem sometimes calls itself the “Airbnb” of computers because the company helps its users to rent computational power and services to others. Renters pay for these services and resources through Golem’s native crypto coin, GNT. Because Golem users need GNT to make and receive payment, the coin has grown in popularity.
If you are interested in participating in this exciting computational marketplace, you’ll need a trustworthy GNT wallet. Zengo is an all-in-one, keyless GNT wallet with rich features that appeal to veteran investors. Its simple user interface makes it easy for novices to get started on their crypto journey.
Your Zengo wallet will open up the world of crypto investing like never before. View your portfolio, buy or trade coins, or send and receive GNT and other currencies among your network. All it takes are a few taps and swipes.
You need a GNT wallet to receive and buy GNT tokens, but Zengo can do so much more. Zengo is a simple yet feature-rich and highly secure crypto wallet. You can use your Zengo Golem wallet to buy, trade, view, send or receive GNT while you are on the go from your mobile device.
Zengo lets you purchase GNT and many supported cryptocurrencies using several trustworthy and convenient payment methods. You can trade, send or receive GNT with your network, or view historical information about crypto coins you might be interested in.
Here are a few things you can do with your Golem wallet:
Keep an eye on your crypto portfolio in the Zengo app directly from your mobile device. You can trade or buy GNT at any time, taking advantage of changes in the marketplace the minute they occur.
Send and receive GNT tokens with just a few taps and swipes on your home screen. Zengo automatically generates your wallet address when you successfully install your app, enabling you to transact right away.
You can buy GNT at any time using your Zengo app, even if it’s your first time purchasing crypto. Just swipe the token on the home screen and follow the prompts. You can choose from several preferred payment methods, pay in Fiat currency, or trade one token for another.
Use Zengo to purchase Golem through the trusted and easy-to-use Fiat to GNT gateway. You can use real-world currencies like US dollars, pounds, or Euros to purchase GNT or other supported currency.
You can choose from many convenient and safe payment methods to purchase Golem and other tokens. This includes mobile payment apps, SEPA, major credit cards, or even bank transfers (EU and UK only, applicable minimum amounts).
Sometimes your best course of action is not to take action at all. Holding or HODLing your coins until you are ready to transact again. You can keep your coins safe with your Zengo wallet, knowing that access is guaranteed.
You can use Zengo to purchase GNT and several other supported cryptocurrencies, including Ethereum, Shiba Inu, DOGE, Bitcoin, and more. You can diversify your portfolio with nothing more than a few swipes and taps.
Zengo’s savings service offers opportunities to earn interest. This is only applicable to specific coins, but new coins are added regularly.
Golem is an interesting token that allows users to pay and receive payment for resources while using the Golem protocol. We’ve compiled a list of interesting facts about Golem (GNT) that you’ll find helpful if you’re thinking of investing!
Golem is one of the earliest projects built on Ethereum. GNT is its native crypto coin and it can be used to rent services on the Golem network.
The Golem Factory created the Golem platform. The company was founded in 2014 by Aleksandra Skrzypczak, Andrzej Regulski, Julian Zawistowski and Piotr Janiuk. GNT is considered one of the first blockchain projects to raise money from crowdfunding.
Golem was launched in 2014 in Switzerland by Golem Factory, as mentioned above, which is the company behind the Golem platform. The token was intended to be a platform for computer-intensive projects and an alternative to cloud infrastructure and data centers.
Golem wants to connect buyers and sellers for various computations, including AI and crypto mining. Golem’s software links users who don’t have the resources to carry out projects with those who do have resources available. Those who supply resources are rewarded with GNT. In short, the GNT token lets users pay or get paid for resources and allows participants to loan out spare processing power to one another.
The token sale for GNT was held at the end of 2016. The token sale reached its cap in 29 minutes, with 1 billion tokens sold. Currently, there are about 820 million tokens in circulation, while 180 million GNT are held by the Golem team.
GNT runs on the Ethereum blockchain. The company has redesigned its transaction framework in recent years, using Ethereum’s Layer 2, which introduced a new ERC-20 token, GLM. The protocol attempts to enable participants to loan out their computing processing power to fellow users.
GNT is one of the earliest Ethereum tokens on the market. When it was first launched, it wasn’t clear whether the ERC-20 standard was ready for adoption, which is why Golem decided to create and audit their own token on Ethereum, GNT. Now that ERC-20 is more commonplace, Golem is migrating the token to the ERC-20 standard with the creation of GLM.
GNT can’t be mined. The only way to earn GNT is by renting your computing power to requesters on the Golem network or purchasing GNT through your Zengo wallet. Participants can rent their CPU and GPU power to requestors as a means of earning a passive income.
Golem has a popular blog with a chat function where the network can liaise and discuss their investments and projects. On top of that, like with every other crypto, GNT also has an active, albeit small, community on Reddit. So, if you’re interested in learning more about it, consider subscribing.
The migration will be ongoing. GNT is still in use but gradually burned for the new token. Don’t worry. Your GNT token still has value, and migration will occur organically.
Zengo is an all-in-one crypto wallet with everything you need to grow your portfolio and make smarter purchasing decisions. Zengo was devised to be as simple as possible, making crypto trading simple and accessible for beginners but with plenty of useful features for veteran investors.
There’s a customer service team available to assist 24/7 live and in-app if you get stuck.
Zengo gives you full control and access over your portfolio at all times. Buy, send, receive, trade, and view your portfolio at any time. There’s no need to worry about hefty transaction fees, minimums, or maximums.
Safety is the most important feature of any wallet. Zengo uses a combination of threshold key signatures (TSS), 3-factor authentication, and facial recognition to keep your investments safe and secure.
Zengo is all about simple, safe, smart transacting on the go. Hold, send, receive or trade GNT and other tokens whenever you want, with a few taps on your mobile phone. With Zengo, you are in charge.
Zengo guarantees access to your wallet at all times. Our authentication methods enable you to access your account, even if you’ve lost your mobile device, with our customer service team available 24/7 in-app to restore access when you need it.
Need some assistance? Zengo offers live in-app assistance 24 hours a day, seven days a week. No bots, just fast and friendly help.
Have some questions about GNT? Check out our FAQs:
Zengo makes crypto investing easy. Just install the Zengo app and follow the prompts. You can buy GNT directly from the home screen by swiping the asset and choosing the amount.
Once you’ve bought GNT coins, you can hold them until you are ready to transact. Zengo ensures access to your GNT and other coins at any time.
Crypto wallets don’t store coins but function as the proof of ownership you’ll need to access your coins on the blockchain. Zengo is a safe and secure way of transacting with cryptocurrencies on the go.
Setting up your GNT wallet couldn’t be simpler:
Congratulations, you have a GNT wallet ready to go!
Your wallet address will be generated automatically when you’ve successfully installed the app. To find your wallet address, tap any asset on the home screen, then swipe right to reveal a QR code and a string of numbers. These numbers represent your wallet address.
If you want to give someone GNT coins, you need to tap the GNT asset on the home screen and swipe left. Enter their wallet address, the amount to send, and hit Send. The coins will arrive in minutes.
Your Golem account and wallet will be set up when the app installation (along with the email and biometric verification) is completed. The Zengo team is available at all times if you need help getting started.
You can send Golem to another wallet address with a few taps. Just select the asset on your home screen, swipe right, and enter the address and amount you’d like to send. Select Send and the coins will arrive in minutes!
If you are on the receiving end of GNT tokens, simply provide the sender with your wallet address. Once your coins have been sent, you’ll receive a notification that your wallet has been funded.
Disclaimer: The information provided herein is for educational purposes only. Zengo does not provide any investment or financial advice whatsoever. As with any financial or investment decision, conduct your own research and due diligence to properly evaluate the benefits and risks of any investment or financial transaction and seek the advice and guidance of qualified financial professionals, in connection with any investment or financial transaction.
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