Golem ICO (2016): Sale History, Figure & Outcome
Golem was a distributed supercomputer project built on Ethereum. It conducted a token sale in 2016 to fund development of its peer-to-peer computing network.
| Token | Golem (GLM) |
|---|---|
| Sale year | 2016 |
| Category | distributed computing |
| Chain | Ethereum |
| Documented figure | $8,600,000 |
| Outcome | listed |
| Data tier | 1 — hand-verified |
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What the record shows
The sale raised USD 8.6 million in approximately 20 minutes during November 2016. Golem's token was designed to facilitate payments on its decentralized computing platform. The record indicates the project's token became tradable on digital asset markets.
Era context: the genesis years (2013–2016)
This sale occurred during the Genesis Years, when early projects demonstrated token sales could fund software development. Ethereum's own 2014 sale had established the model, though the 2016 DAO incident later showed vulnerabilities in smart contract code. Golem exemplified the era's focus on decentralized infrastructure projects.
This sale is one of the 20 entries in our The Genesis Years (2013–2016) era archive, part of the complete history of crypto presales — a sourced dataset where every figure links to the page that shows it.
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More from this era
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Sources
- https://en.wikipedia.org/wiki/List_of_highest-funded_crowdfunding_projects
- https://www.forbes.com/sites/rogeraitken/2016/11/12/fintech-golems-airbnb-for-computing-crowdsale-scores-8-6m-in-minutes/
- https://www.financemagnates.com/cryptocurrency/news/golem-raises-8-6-million-29-minutes-fund-airbnb-computers/
- https://blockchain.news/news/golem-raised-820,000-eth-in-2016-ico-ironically,-now-stakes-98,016-eth
- https://cryptototem.com/golem-gnt-ico/
This page is historical research built from a sourced dataset — not a recommendation to buy anything. Token sales are high-risk. Money figures appear only where the cited source shows one. Corrections with sources: support@bmic.ai.