Golem is a distributed computing network without crunchers and, in normal circumstances, it would have been considered as little more than a 'pie in the sky'. But they have skillfully used their association with Ethereum to create some powerful hype, so kudos to their marketing. A fraction of this hype spills over to Gridcoin, since we are broadly targeting the same segment (distributed computing).

In the end, if there are at least 3 'decentralized storage' coins out there, there's bound to be at least 15 distributed computing coins, since distributed computing is a more practicable and mainstream idea which existed long before crypto and is easily associated with now ubiquitous 'mining'.

Gridcoin community is fortunate to have Nate's strong and eloquent advocacy on these matters, donate to his grcgo.com to show some well-deserved support.