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Nosana Announces “Road to Mainnet” with January 2025 Launch

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    Amsterdam, Netherlands, September 20th, 2024, Chainwire

     

    Nosana, the decentralized AI inference engine powered by a global network of consumer GPUs, reveals the official launch date for its Nosana Mainnet: January 14, 2025.

    Nosana, a leader in decentralized AI computing, is proud to announce the upcoming launch of its Nosana Mainnet, set for January 14, 2025. This marks a significant milestone for Nosana, following a year of rigorous testing and preparation for full-scale deployment.

    “When we first envisioned Nosana, we imagined a world where AI computing would be decentralized, accessible, and limitless—a place where developers could access GPU resources without the traditional barriers of centralized infrastructure,” said Jesse Eisses, co-founder of Nosana. “We recognized early on that existing AI compute solutions were too centralized or too complex, limiting innovation. Our mission from the start was to create a decentralized network that offers scalable, affordable, and open AI computing resources for the next generation of builders and innovators.”

    Over the past nine months, the Nosana team has worked alongside its community to test, refine, and prepare the platform for its mainnet release. The network has engaged with over 4000 nodes from 60 countries across 6 continents, tapping into a global GPU provider network and gaining valuable insights from various AI projects to refine its technology.

    What Nosana’s Mainnet Brings

    Nosana’s Mainnet will transform access to decentralized GPU resources, unlocking crucial power and efficiency for AI inference workloads. With the launch, Nosana’s users and GPU providers will enjoy new features and significant improvements:

    • Nosana Console: A sleek and refined UI for seamless management of AI inference jobs.
    • Client SDK: A robust software development kit enabling developers to easily connect their projects to the Nosana GPU network.
    • Dynamic Pricing: Real-time, market-driven pricing to optimize resource allocation and ensure fair pricing.
    • Advanced Job-to-Node Matching: Efficient job distribution to maximize performance across the network.
    • Unrestricted GPU Grid Access: Clients will have full access to Nosana’s decentralized GPU network, enabling scalable AI operations.

    “We are excited to take Nosana to the next level with its mainnet launch, offering full access to decentralized GPU computing” added Eisses.

    Test Grid Phase 3: The Final Step Toward Mainnet

    On September 30, 2024, Nosana will begin Test Grid Phase 3, its final stage of testing, focusing on refining pricing models, implementing staking, and ensuring the platform is fully prepared for the January launch. This phase will be the last opportunity to test critical components before the mainnet goes live.

    Nosana’s Vision for 2025

    The mainnet launch is just the beginning for Nosana. As the platform goes live, the company plans to expand its ecosystem and attract a broader range of projects. In Q2 2025, Nosana will host its first global hackathon, inviting developers and startups to explore new applications for AI inference on its decentralized GPU grid.

    “As open-source developers, Jesse Eisses and I wanted to create a solution that moves away from the high costs, inflexibility, and control of centralized cloud providers,” said Sjoerd Dijkstra, co-founder of Nosana. “We couldn’t have reached this milestone without the support of our community, investors, and partners who believed in our vision for making AI computing more accessible for everyone.”

    Nosana’s AI inference marketplace will continue to evolve, with ongoing improvements and new features to keep it at the forefront of decentralized AI technology.

    Timeline Overview:

    • September 30, 2024: Start of Test Grid Phase 3
    • January 14, 2025: Nosana Mainnet Launch
    • Q2 2025: Global Hackathon for AI applications on Nosana’s network

    About Nosana

    Nosana is a decentralized AI inference engine powered by a global network of consumer GPUs. Built on the Solana blockchain, Nosana provides scalable and efficient access to GPU resources for AI workloads. With its cutting-edge infrastructure, dynamic pricing model, and advanced job-to-node matching, Nosana leads the way in decentralized AI computing.

    https://nosana.com

     

    Contact

    CMO
    Caroline Johnova
    Nosana
    caroline@nosana.io

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    AppTech Payments Provides Shareholder Update Highlighting Recent Strategic Partnership and Growth Milestones

    2024-09-18T12:05:00Z

    Partnership to drive expansion of AppTech's fully customizable white-label ACH platform to a portfolio of 40,000 clients

    CARLSBAD, Calif., Sept. 18, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (Nasdaq: APCX) (“AppTech” or the “Company”), a pioneering Fintech company powering frictionless commerce, provides a shareholder update on recent growth milestones, highlighted by the onboarding of a significant new strategic partner with an extensive portfolio of 40,000 clients.

    AppTech CEO Luke D’Angelo commented, “We are gratified to continue executing on our robust growth strategy as our newest partner begins to integrate AppTech's fully customizable and white-labeled ACH platform into their financial operations. We look forward to continuing to expand the footprint of our entire suite of patented technology capabilities, leveraging our expansive partner network and differentiated solutions as we position the Company for long-term shareholder value.”

    The onboarding process will be expedited by the Company’s groundbreaking automated underwriting system, which enables the seamless onboarding of a multitude of accounts without the cumbersome, outdated manual processes typically required by other platforms. Upon completion, AppTech will significantly broaden the reach for its services and enhance the financial capabilities available to the partner’s extensive client base.

    Additional Recent Growth Milestones:

    1. BaaS Pilot Program Success: AppTech CEO Luke D’Angelo recently highlighted the success of the BaaS pilot program, which has achieved a key milestone in democratizing banking. The program introduced virtual accounts, commercial purchase debit cards, and advanced features such as SMS invoicing for B2B transactions. This initiative aims to reduce friction in payments and foster a Real Time Payment network, setting the stage for the anticipated adoption by over 200 new Independent Sales Organizations. This advancement is positioned to drive growth for legacy banks and credit unions throughout the United States, ultimately allowing them to compete with the large banks and drive value back to the consumer.
    2. InstaCash and Financial Inclusion: AppTech's InstaCash platform is positioned to transform specialty payments by offering a real-time, seamless transaction system. It empowers banks and credit unions of all sizes to provide instant transactions, leveling the playing field in the Fintech space. The platform is also set to enhance financial literacy through integrated online courses, expanding its impact beyond mere transactions to social empowerment.
    3. FinZeo Platform Roll-Out: The FinZeo platform continues to gain traction, with expectations to be available to credit unions nationwide. This innovative solution provides a competitive edge to legacy banks by delivering advanced tech services for mobile payments, ACH, and credit card processing. AppTech anticipates significant uptake as credit unions transition from legacy systems to Fintech solutions.
    4. Airport Adoption of FinZeo: This milestone represents the beginning of a broader rollout expected to include approximately forty domestic and international airports in 2024, setting the foundation for a profitable year ahead.

    About AppTech Payments

    AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services for financial institutions, corporations, small and midsized enterprises (“SMEs”), and consumers through the Company’s scalable cloud-based platform architecture and infrastructure, coupled with our Specialty Payments development and delivery model. AppTech maintains exclusive licensing and partnership agreements in addition to a full suite of patented technology capabilities. For more information, please visit apptechcorp.com.

    FORWARD-LOOKING STATEMENTS 

    This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will” and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the Company’s control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

    Investor Relations Contact
    CORE IR
    Scott Arnold
    scotta@coreir.com

    AppTech Payments Corp.
    760-707-5959
    info@apptechcorp.com


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