Accept Payments in Golem

Golem (GNT)

Dynamic Prices

What is Golem (GNT) Cryptocurrency?

Golem is another digital currency powered by Ethereum. This platform enables people anywhere in this world to their idle computers in exchange for money. The platform is split into three sections which are the providers, requesters, and developers. It’s then maintained through smart contracts which enables payments.

Golem token is an ERC20 token just like the other Ethereum based tokens. These tokens are used to pay for the computing power which people rent. The beauty of this token is that as a provider one can set their own GNT rental price as they see it appropriate. However, since GNT is a marketplace all prices should have an equilibrium. More to that the providers also need GNT tokens to participate in the Registry. The vision of creating Golem was to develop an environment for a fully decentralized internet.

During the development of this token, the team developed 1,000,000,000 Golem tokens of which 82% were to be distributed to the ICO participants. The Golem team was led by Julian Zawistowski who has been in the Blockchain industry for more than 5 years.

After the completion of the ICO Golem started trading at $0.01 before it grew to 0.6 towards the end of 2017. However, the token dropped in price during the price collapse which has affected the entire crypto market in 2018. The token is currently trading at $0.18 with a market cap of $172,212,734 which makes it the 42nd most famous digital currency in the world. At the moment the coin has about 959,242,000 GNT in supply.

How to accept Golem payments on your website

ExagonPay is an online platform which makes it easy for businesses to receive customer payments in all the popular digital currencies including Golem. To avoid the volatility in the crypto industry ExagonPay converts all payments into either the Euro, USD or even Bitcoin depending on the preference of the customer. It’s important to note that those who want their payments converted into either the Euro or USD then they are required to complete identity verification. This is meant to ensure the security of the clients since the crypto market is a big target by hackers and scammers. However, those who would like to keep their payments in digital currencies no verification is required.

To start accepting Golem, Bitcoin, EOS, Dash, Bitcoin Cash, Ethereum, Ethereum classic and all the other digital currencies simply sign up with ExagonPay. If your main aim is to use the platform for e-commerce services then create API credentials but if you want to use it for donations or normal payments just create a payment button.

Get access to the ExagonPay platform.