I wrote a blog post in less than an hour for over $500 of ALGO last year 😂 There is dummy money to be made, but not everything comes easy. If you’re not a developer, it comes harder of course. I would recommend watching Gitcoin from time to time, participating in the GLM Rewards Program, and whatever else that fits your abilities - these are just two examples that have rewards for anyone regardless of their skills.
GLM is great for ML & AI, especially after getting a community-made solution for GPUs in the recent weeks. Besides, you know too little of what utility networks exists as most of the companies have decentralized counterparts for most of their services. AWS - Akash, Google Drive - Sia, then most of the rest deals with hardware which is unfair 😂
Awesome. DIA also got something related to The GLM Rewards Program as you mentioned. They have quizzes and reward the community for partaking. Activeness too counts on the DAO. Thanks for sharing, I'll take a look at my free time.
I got my first $1 worth of BTC from that subreddit from doing some simpler task but I wouldn't recommend it as a viable income at all. I spent a long time looking for that task too ahha **Here are some active bounty / reward programs / other revenue streams that I have made use of in the past:** * Hackathons on [Gitcoin](https://gitcoin.co/). This takes up quite a bit of time, but can be very rewarding. These hackathons are arranged by projects who have money to spend, and want to feature test their networks or similar. * [The GLM Rewards Program](https://blog.golemproject.net/community-incentives-program/), where you can win large GLM prizes every month by being active in different ways and being lucky. There's something for everyone, but you need to dedicate some time to it. * Quizzes in the [Akash Discord](https://akash.network/connect), where every week 200 AKT is split up amongst a few winners who answer the questions as fast as possible and gets them correct. It requires you to keep yourself updated with what happens on Akash, and know a little about it. * Opportunities announced in different crypto projects' Discord Servers. Whether these are hackathons or programs, there is a lot to find in these servers that isn't marketed on any other sites. If you want to contribute to a project, chances are that they will have some way of rewarding you for it. ... plus more, but these are ones that I have received prizes from
Sure, it can be good, but what do you want to learn? You need a personalized experience for your own goals, and that's up to you. Do you want to learn new tech stacks? Is that smart contracts, or any blockchain project? There are so many different projects to take a look at that a single course won't even mention once. Excluding smart contracts, here are some I personally use: $AKT is great for backends and most images you can think of, $GLM is perfect for heavy CPU or GPU computations but worse at normal apps, $SC (esp. Skynet & Filebase) is awesome for storage, maybe there's room for $MYST or $DVPN for proxies in some way, the list goes on. For smart contracts, you can use $ETH, $MATIC, $ALGO, $EVMOS, and a dozen other projects. Some of these use Solidity, some don't, and you will want to change your approach accordingly.
As a developer, anything I can personally make use of. While I don't speculate on their prices, they will be game changers for their respective niches. $AKT is great for backends and most images you can think of, $GLM is perfect for heavy CPU or GPU computations but worse at normal apps, $SC (esp. Skynet & Filebase) is awesome for storage, maybe there's room for $MYST or $DVPN for proxies in some way, the list goes on.
If you want to max your investments, find more income sources. If you’re already interested in crypto, why don’t you get involved? I have had great success with the [GLM Rewards Program](https://blog.golemproject.net/community-incentives-program/amp/) which is fitting for almost everyone, but if you’re a developer you can find less competitive programs that can pay as much if not more. I’ve also gotten some ALGO, SC, and probably more from [Gitcoin](https://gitcoin.co), namely the hackathons. Many times hackathons are hard to win, but easy to land a runnerup prize. Good luck and feel free to DM me with questions!
Super great post, I've wanted to make my own post highlighting some of these programs and opportunities. I have personally had success (in order, first time winning) with the following: * Misc. Hackathons * [GLM Rewards Program](https://blog.golemproject.net/community-incentives-program/) which pays out \~$6,000 bi-monthly to a bunch of active users and a little less monthly. It can become even more competitive, as some months there are still prizes that nobody competes for * [Gitcoin](https://gitcoin.co/) Bounties, namely [Algorand](https://www.algorand.com/) where I wrote a blog post for a bounty * Ad-hoc opportunities hosted by [Akash](https://akash.network/) for "Akash Insiders" * Skynet Developer Program, where I was accepted after showing "working code" * Tech support at [Akash](https://akash.network/), paying me monthly, which I got because I had shown myself useful in the past by helping users, and they wanted to incentivize me to be more reliable As a student, these opportunities are great. Super happy to have been lucky enough to take part of everything! I am now cashing out everything that I am getting as reliable income, which I am using to keep myself afloat, for my car, and so on.
I don't use it for everyday purchases, but I do use it for different digital services. Personally I only use Akash for my own projects that I pay AKT for to get cloud compute, but it's possible to use SC to rent storage on Sia, GLM to rent compute on Golem, MYST to rent VPN on Mysterium, and so on,,,
BTC/ETH (Majority) - I think these two should form the corner stone of your portfolio. BAT, HNT, UNI, and GLM (Golem) 1/2% (each) of portfolio - basically tokens that have utility Thinking of adding a ETH competitor or adding DOT and ATOM at some point.
Golem Network (GLM) and it's associated project Wildland will provide ways for VPN and decentralised computing and decentralised storage respectively. I think there's some value in that. Alone the user privacy and fight against the quasi-monopoly of AWS and Azure in cloud computing is a huge value proposition and maybe the future will show us even more (legal; the other ones I don't want to talk about) usecases which we (or at least I am) still unaware of. I expect it to meet Filecoin's market cap somewhere down the line still unsure if it will go x10 or if it will go x5 and Filecoin will fall but I expect this project's valuation to exceed two billion USD next year.
Kyber network, for liquidity connection (KNC) Golem for distributed mass-computing (GLM) Basic attention token for it's online ad distribution model (BAT) Layer 2 ETH scaling/interoperability projects (cosmos, Loopring, polygon, OMG, ZRX)
Golem. (GLM). No idea how it works from your side, i set it up on my side to rent out my PC cpu for rendering projects but there didn't seem to be many people needing the resources. I think i kept getting underbid so nobody used my cpu and I didn't earn any coin.
Buying and holding since 2018. The only 2 I sold for other coins (at a loss mind you) back in 2018 were DOGE and GLM. I would now be sitting on a very healthy profit with DOGE if I’d had the patience to HODL. Since then I only buy and hold. I believe BTC will hit 30k and stabilise and consolidate there. Perhaps I’m wrong. It could go all the way back down below 10k. Time will tell.
Lack of adoption and utilization. Talking GLM. There's hubs out there but until people start using it then it's somewhat sidelined. Cool thing though is that it's possible to set up a multi-miner that allocates resources as they're needed. So even if it's not being used, those resources can be available without being a negative on the host system.
I was in GLM for a bit, originally attracted because of the LOTR. Saw some gains since I bought at .18, recently all out. I would love to take out a small position again soon because I’m also a supporter of Elrond and it keeps my crypto LOTR theme, but I’m currently not thrilled with their plans for the future — they seem to be falling behind some other projects and their recent drops in market cap reflect that.
No reason to go in on ICP. The capacity of the network is limited by the BSC as it is not truly decentralized meaning although it might be faster now it can’t scale as efficiently because it has to be approved/implemented by Binance rather than token holders or community members. Coins like Golem (GLM) actively already do what ICP is trying to do on top of being fully decentralized. Trying to invest where big money is going is just fomoing about rich people.
GNT / GLM Golem. The idea behind the project is brilliant: share computing power around the world to lower the cost of renting supercomputer levels of processing power. This tied in with a true IOT utilization would solve so many problems once we hit that stage wherever absolutely everything is connected to the blockchain / internet of things. I still love the idea. The token has done very little though.
tldr; Golem is giving back some of the fees that Providers might experience if they’re offboarding their tokens from ZkSync. To be eligible for the GLM Provider Subsidy, you need to have run as a Golem Provider to the point that you’ve earned GLM on Zksync. The tokens on the Provider Zk Sync address will be matched and transferred to the address on Polygon. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Reward programs such as the GLM Rewards Program has changed my life, but not in a retirement type of way. I’m a student and this has let me be able to save a lot of money (relative to my situation) and also not have to choose between things such a car and a working phone. Hackathons have helped beyond that, but I started out with the rewards program IIRC :)
tldr; Golem Beta IV now includes support for Golem's new Polygon mainnet payment driver. Polygon is expected to be the optimal payment driver for requestors on the Golem Network. Currently, on ZkSync, fees for transferring GLM are nearing 1 GLM per transaction. This is roughly $0.40 per payment for a Golem Network task or service *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Get involved with reward programs, hackathons, and bounties. I am a student as well and this made me more money than you’d think. A lot of them require you to be a developer but not all - the GLM Rewards Program for example has categories that fit anyone. PM me if you want to discuss specifics :)
Question about your GNT. Why didn't you convert to GLM during the migration (you still can). GLM still sits at around 0.65USD. Unless you bought at the top (~1 or 1.20USD), you most likely bought at or below the current price.
I feel the same way about ADA. Been in it for a while now and have been a believer, but it’s been as stagnant as Doge has, which is a real disappointment. I’m into DOT, LUNA, GLM, MANA, CHZ, and prob most into SOL
Endor Protocol is an interesting one that's very cheap right now ($0.003). Also Beshare Token is even cheaper but you need to use USDT to buy that one. Also Golem (GLM) will be massive in the near future if their plans work out but that isn't so cheap right now ($0.55).
GLM, bought at ATH and sold at a loss. Still hasn't made it back to ATH, though it is getting close. Usually I wouldn't sell at a loss, but I wanted to invest in something else. Bought Eth near the july bottom, so it worked itself out.
Not a half bad idea, they are both pretty decentralized and have good use cases. Layer 2 scaling may shore up a lot of the weaknesses of these coins in the future or they may see use in cross chain protocols. I wouldn’t put your entire portfolio into those two but ADA seems to have too many flaws in design and philosophy to justify me investing in it any further. I do not know anything about AMP. As always, do your own research but I would look into MINA, LISK, GLM, and HBAR for other good decentralized projects. So probably don’t put your whole portfolio into those two but pulling out of ADA isn’t bad.
[GNT migrated to be GLM](https://blog.golemproject.net/gnt-to-glm-migration/), it's still technically [in progress](https://glm.golem.network/) and forever will be since it's a decentralized opt-in migration running on the contract level. Golem as a project is larger than it's ever been, there's an [awesome list](https://github.com/golemfactory/awesome-golem/blob/main/README.md) of community created apps and tools, the network has more nodes this year than it has before ([stats](https://stats.golem.network/)), there's been over 300k GNT / GLM given out to the community since July last year in the [GLM Rewards Program](https://blog.golemproject.net/community-incentives-program/), not including bounties and hackathons in the last year (48,000 GLM + 83,180 USDC). Thorg just came out too. Transactions surpassed [100k transactions yesterday](https://twitter.com/MineWithThorg/status/1453310830318084097), only 34 days since launch.
Golem as a project is larger than it's ever been, there's an [awesome list](https://github.com/golemfactory/awesome-golem/blob/main/README.md) of community created apps and tools, the network has more nodes this year than it has before ([stats](https://stats.golem.network/)), there's been over 300k GNT / GLM given out to the community in the [GLM Rewards Program](https://blog.golemproject.net/community-incentives-program/), not including bounties and hackathons in the last year (48,000 GLM + 83,180 USDC). [Thorg](https://www.thorg.io/) just came out too. Transactions surpassed [100k transactions yesterday](https://twitter.com/MineWithThorg/status/1453310830318084097), only 34 days since launch.
[solve.care](https://solve.care) GLM (could really help universities access Supercomputers cheaply to conduct research) RealX an indian company entering the real estate sector Legit Doc is already working with the indian government with issuing educational documents in a tamper proof way.
GNT migrated to GLM, the project has grown more this year than ever. There are layer 2 payments, both ZkSync and Polygon (on [Thorg](https://www.thorg.io/)). And node counts are quite significant, roughly 20-30% of nodes on Ethereum: [https://stats.golem.network/](https://stats.golem.network/)
Not really, in comparison to 2miner. >When miners get paid in NANO, they don’t pay any fees at all. It's the same with Thorg and receiving GLM. It's actually better with Thorg, the threshold is lower (there's no threshold) and the payout is more frequent, 2 hours compared to 12 hours.
The massive discrepancy? Do you mean how there's only 500k GLM despite a 1bn max supply? If so, that's because not all tokens have been migrated yet: https://glm.golem.network/ FYI, Coinbase Pro have the original GNT token but are yet to migrate to GLM.
The max supply of GLM is 1 billion tokens. They crowdfunded GNT (now migrated to GLM) in 2016: https://www.newsbtc.com/news/golem-ico-decentralized-internet/ Golem split into two companies, Golem Factory to develop the core Golem Network distributed computing network, and Golem Foundation who's sole purpose is to work on complimentary technologies that will use the GLM token and give value to it. They are really legit and with more than $1bn of ETH in their wallets they don't need to find scammy ways to make more.