Information collected from coindesk
Wouldn't it be nice to make some extra cash while browsing social media? That's the promise of Golem, a peer-to-peer market for putting your computer's excess CPU power to use for other people. And today, after three years and 14 software implementations later, it's going live on the ethereum blockchain.
The project, which sold out of its GNT token in 20 minutes, raising 820,000 ETH - around $340 million, according to current metrics - in 2016 by selling its crypto utility tokens to investors will likely see a significant amount of fanfare since Golem was one of the earliest generations of ethereum applications. But it has also received some amount of criticism for its failure to turn around a product relatively quickly.
Golem is an ethereum based project which will employ your computer’s unused power to make computer-generated imagery (CGI) with the help of Blender. Blender is software to create animated films, interactive 3D applications, video games and visual effects and completely free to use. An app is created to exchange your computer’s unused power for GNT and the power will be used to create computer-generated image with Blender which has a direct connection with the app.
Source: https://www.coindesk.com/golem-arrives-one-ethereums-ambitious-apps-finally-live/