Blockchain

Nosana Announces “Road to Mainnet” with January 2025 Launch

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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Bybit's bbSOL Hit $5m in Total Value Locked Within First 24h and Gets an APY Boost

2024-09-19T14:02:52Z

DUBAI, United Arab Emirates, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Bybit, the world’s second-largest crypto exchange by trading volume, is making waves with its own SOL-based Liquid Staking Token (LST) in the global race to reinvent yield on Solana. 

Bybit Web3 announced a renewed APY boost of up to 20% for a limited time from Sep. 19. This innovative liquid staking model, available exclusively on Bybit, enables users to seamlessly access Solana’s rapidly expanding ecosystem while earning staking rewards in Bybit Web3.

Since its launch on Sep.5, bbSOL, has demonstrated the immense potential of this next-generation staking solution, bridging between mainstream users on exchange platforms and the Solana ecosystem. Surpassing $5 million in Total Value Locked (TVL) within 24 hours upon launch, bbSOL has doubled the TLV benchmark since then hitting eight digits. 

“We are encouraged by the love for bbSOL. It truly speaks to the global crypto community’s excitement about the future of Solana. In coming months, Bybit and our partners will be activating a series of campaigns, yield opportunities and liquidity protocols to show our appreciation for the bbSOL community,” said Emily Bao, Web3 Evangelist at Bybit. 

Good for the portfolio, good for Solana
At the forefront of CeDeFi connectivity, Bybit Web3 has first-mover advantage as a major player to bridge centralized and decentralized finance for global users. Through bbSOL, Bybit is pushing the boundaries of financial freedom and inclusion for the Web3 community.

Key benefits of bbSOL: 

  • Effortless and seamless CeDeFi access from the security of Bybit’s exchange into Solana’s growing DeFi ecosystem
  • Flexible, fuss-free access to liquidity with no lock-in: users can maintain exposure to SOL while achieving portfolio diversification
  • Foster a stronger CeDeFi community together with Solana: bbSOL gives users meaningful opportunities to support security and decentralization on the Solana network while earning competitive rewards

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 10 million wallet users, over 20 major ecosystem partners, and counting.  

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 40 million users globally.

Users can join the revolution and unlock their Web3 future with Bybit.

For more details about Bybit, users can visit Bybit Web3.

About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, users can visit Bybit Press
For media inquiries, users can contact: media@bybit.com
For more information, users can visit: https://www.bybit.com
For updates, users can follow: Bybit's Communities and Social Media

Contact

Head of PR
Tony Au
Bybit
tony.au@bybit.com


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