NuNet NTX

1. Summary

Ranks

Liquidity

91

Developer

-

Social

74

Momentum (beta)

21

Stack Rank™

-

Price

$0.02 +7.0%

Market Cap

$13.42M (#1355)

Supply

729.76M / 1.00B

Tags

Binance Smart Chain Ecosystem Ethereum Ecosystem BNB Chain Ecosystem Cardano Ecosystem DePIN

More Metrics

Price
52W High price	$0.08
52W High date	9th Apr 2024 (1 year ago)
All Time High (ATH) Date	30th Nov 2021 (3 years ago)
ATH Price	$0.23
% From ATH	-94.26%
All Time Low (ATL) Date	17th Dec 2022 (2 years ago)
ATL Price	$0.008182530000
% From ATL	60.96%

Supply & Trading Volume
Trading Volume (24h)	$165,273.00
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	729.76M

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Description

NuNet is a computing framework aimed at providing globally distributed and optimized computing power and storage for decentralized networks. It connects data owners and computing resources with computational processes in demand of these resources, fostering an ecosystem that harnesses latent computing resources from the community into a global netw...

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NuNet is a computing framework aimed at providing globally distributed and optimized computing power and storage for decentralized networks. It connects data owners and computing resources with computational processes in demand of these resources, fostering an ecosystem that harnesses latent computing resources from the community into a global network. NuNet offers a layer of intelligent interoperability between computational processes and physical computing infrastructures, which enables the optimal positioning of AI processes, interfaces, and data within the network.

Features and Functionality

• The platform leverages Web3 technologies, serverless container execution, service mesh orchestration, crypto-economy, and other innovations to create a decentralized "world computer."
• It is designed to be extremely flexible, spanning mobile consumer devices, edge computing, IoT devices, PCs, servers, and data centers, and ensuring seamless interoperability among its components.
• The framework allows for the intelligent automation of workflow design and harnesses latent computing resources from the community to minimize global computing costs.
• NuNet provides a meta marketplace economy (MME), where diverse participants can interact and transact to establish the decentralized global economy of computing.

Goals and Use Cases

• The platform aims to break down computing, data, and code silos by increasing accessibility to resources and processes across various sectors, including AI, machine learning, and big data analytics.
• It is designed to support decentralized workflow management and has extensive tooling and incentives for third-party enhancements, focusing on real-world applications.
• By enabling scalable and secure computing solutions, NuNet supports diverse business use cases and encourages community-driven development.

Technical Aspects

• Built on open-ended, pluggable APIs, NuNet fosters a collaborative environment and autonomous peer-to-peer interactions among devices and AI/ML agents.
• It utilizes decentralized economic models, with the NuNet Utility Token (NTX) facilitating monetization of resources and ensuring security and autonomy within the ecosystem.

Origin and Partnerships

• NuNet is a spinoff of SingularityNET Global AI Marketplace, operating since 2017.
• It was incubated via SingularityNET X-Lab Accelerator since early 2018, growing through partnerships and collaborations with the aim of creating a synchronized decentralized computing framework.

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