Powering the AI revolution. The most cost-effective GPU grid, with zero lock-in.
About the Project
Nosana is pioneering a revolutionary approach to how the world accesses and utilizes computing power by creating a distributed GPU grid. This innovative platform allows users to rent compute power without the typical overhead, excessive fees, or restrictive lock-ins that often accompany traditional cloud services. Nosana is addressing the current global shortage of GPUs, offering an accessible and cost-effective solution for companies needing reliable hardware. By leveraging underutilized devices like gaming PCs, miners, and MacBooks, Nosana not only maximizes existing resources but also provides a competitive edge for those building and running AI solutions. This makes Nosana an attractive option for businesses and individuals seeking affordable, high-performance computing capabilities.
The journey of Nosana began in 2021 when a team based in Amsterdam set out to revolutionize computing, initially focusing on transforming the field of Continuous Integration and Continuous Deployment (CI/CD). Through rigorous research and development in distributed systems, blockchain technology, and computer hardware, Nosana evolved into a cutting-edge solution tailored for CPU computations. Over time, as the demand for AI workloads grew, Nosana pivoted towards harnessing global GPU power, eventually becoming a frontrunner in decentralized crowd computing. Today, Nosana is at the forefront of the AI revolution, empowering users with unparalleled access to distributed computing resources on a global scale.
Use Case
Nosana's platform is designed to benefit both AI users and GPU owners, creating a symbiotic ecosystem where resources are efficiently utilized. AI users can access powerful GPUs at affordable rates, enabling them to train and deploy their models faster and more efficiently. This is particularly valuable for startups, researchers, and developers who require high-performance computing without the financial burden of purchasing expensive hardware. Nosana’s platform offers easy-to-use APIs and flexible pricing options, making it accessible to a wide range of users looking to harness the power of AI without the usual barriers to entry.
For GPU owners, Nosana provides a unique opportunity to monetize their underutilized hardware. By renting out their GPUs through Nosana’s platform, they can generate income while contributing to the global computing grid. This is especially beneficial for individuals and small businesses with gaming PCs, mining rigs, or even MacBooks that have idle computing power. Nosana’s distributed GPU grid allows these owners to participate in the AI revolution, turning their dormant devices into valuable assets in the rapidly growing field of AI.
Tokenomics
Nosana Network's native token, NOS, is a vital component of the platform, enabling users to access and run AI workloads on the distributed GPU grid. The total supply of NOS tokens is capped at 100,000,000, and they operate as a standard fungible SPL token with six decimals. The distribution of NOS tokens is carefully planned across seven main pools to ensure a balanced allocation for various aspects of the platform's ecosystem. These pools include Public Sale, Airdrop, Liquidity, Team, Company, Mining, and Backers tokens, each serving a distinct purpose in the network's growth and sustainability.
The token distribution strategy is designed to support the long-term development and operational efficiency of the Nosana Network. A significant portion, 25%, is allocated to Company tokens, which will be used for marketing, advisory, engineering, and business development purposes. The Mining pool, which also accounts for 20%, rewards nodes that execute AI workloads, incentivizing participation in the network. Team tokens make up another 20%, released over a 48-month period to align the team's incentives with the project's success. The remaining tokens are distributed across Public Sale (3%), Airdrop (5%), Liquidity (10%), and Backers (17%), each with specific release schedules and allocation strategies to ensure a fair and effective rollout.