NetMind Token NMT Price

What is NetMind Token (NMT)?

NetMind.AI is a decentralized computing platform designed to meet the rising demand for AI and machine learning capabilities. It utilizes idle GPUs worldwide to create a global network of computing power, making AI development more accessible and cost-effective for businesses and researchers.

Platform Overview

NetMind.AI leverages large-scale distributed computing technology, integrating advanced scheduling and load balancing features. Tasks such as machine learning training, fine-tuning, and inference are processed locally on users' machines, while the NetMind Chain blockchain ensures secure and transparent operations.

NetMind Token (NMT)

The NetMind Token (NMT) serves as the platform's native utility token. With a total supply capped at 10 billion tokens, NMT plays a vital role in incentivizing participation and governance within the ecosystem. Tokens are gradually unlocked from a smart contract based on a structured distribution plan.

Token Distribution

Computational Power Rewards (40%): 4 billion NMT tokens reward providers of computing power, encouraging engagement in AI tasks.

Staking Incentives (30%): Stakers earn rewards, especially those aligning with the top 21 Mind Nodes.

Community Development (20%): 2 billion NMT tokens support community-driven initiatives and governance.

Technical Team (10%): 1 billion NMT tokens are allocated to the technical team, unlocking gradually over a century.

Founders and Vision

NetMind.AI is developed by NetMind Power, an AI research firm based in London, UK. Their mission is to democratize access to AI resources globally by harnessing idle GPUs, fostering innovation across industries.

Conclusion

NetMind.AI represents a transformative approach to AI computing, leveraging global resources through blockchain technology. By lowering barriers to entry and enhancing accessibility, NetMind.AI empowers businesses and researchers to harness AI's full potential, driving innovation and collaboration in the field.

What is unique about NetMind Token (NMT)?

NetMind.AI stands out for its decentralized approach to harnessing global GPU resources, democratizing access to AI and machine learning capabilities while ensuring secure and transparent operations through blockchain technology.

Who are the founders of NetMind Token (NMT)?

NetMind.AI is developed by NetMind Power, an AI research and software company based in London, UK, dedicated to advancing AI technology and accessibility globally.

Where can I buy NetMind Token (NMT)?

You can buy NetMind Token (NMT) on Bitget, MEXC, Gate.io, BitMart, BingX cryptocurrency exchanges.