So Whats The Next Big Coin?
I'm not sure if you noticed, but the crypto currency universe has blown up over the last few weeks and i've been using that time to weed out all of the shit coins, so I could really focus on the coins with potential longevity.
Today i'm going to write about my favorite alt coin out there right now (other than Steem of course), and it goes by the name of....you guessed it Golem! Aren't context clues amazing! Golem is a Ethereum asset that basically functions as a decentralized super computer, which will allow you to rent out and borrow CPU power.
Pic via https://www.coingecko.com/en/price_charts/golem/btc
How Will This Change The Game?
Let me give you an example. When 20th Century Fox made the movie Avatar, the movie cost 237 million dollars to make according to google. Most of the cost came from CGI rendering which normally takes forever. With Golem, the studio could send out the CGI to the Golem network and rent out CPU power at a fraction of the cost!
According to the studio market share supplied by www.BoxOfficeMojo.com, 20th Century Fox grossed 608.6 million dollars from January 1st - May 7th alone! Can you imagine how much the movie industry would change if the cost to make a blockbuster 300 million dollar movie was cut to a fraction of it's size! I know its scary!
Pic via http://knowyourmeme.com/memes/mind-blown
Right now at the time of writing this post, Golem is worth ~.20 cent on Poloniex, with a market cap of 182 million according to ww.wcoinmarketcap.com. Sounds like a similar story compared to one of the most talked about currencies out right now, ether!
In my opinion if Ethereum continues to go up, so will Golem! Good investment, or no? What do you all think?