Nosana

Foreword

As AI development continues to spread globally, the need for AI extrapolation is surging as many projects seek to train and test AI models. As a result, there is a critical shortage of GPUs to perform this important part of AI projects, which can increase the cost of AI extrapolation. In addition, as AI models become more complex, the costs will skyrocket.

Nosana aims to combine blockchain technology with AI through the Solana Network, changing the way users access the computing power needed for AI projects. By creating a decentralised GPU network, users can rent compute power cheaply and easily to run AI.

About Nosana

Nosana's Web3 project uses a distributed GPU network to provide AI users with the computational resources needed for meta-universe projects that enable AI inference. Its goal is to combine AI with blockchain technology to meet the growing demand for GPU units for AI inference.

In 2023, Nosana shifted from providing decentralised CI/CD services to AI extrapolation as it identified a huge gap in the availability of scalable compute resources, especially GPUs needed for AI projects.

Funded by the Solana Foundation, Nosana launched an incentivised test grid in December 2023 where users can deploy and run AI inference workloads.

More than 100 GPUs from developers and AI enthusiasts have been connected to the test network, allowing the Nosana team to learn how to undertake this ambitious adventure. Its native token, NOS, can be used to provide incentives to testers, run nodes, and pledge to earn rewards.

According to the roadmap, Nosana will release its main grid in H1 2024, and the Solana blockchain will employ the underlying technologies necessary to meet the demanding computational requirements of AI.

How does Nosana work?

Nosana's vision is to create a decentralised GPU grid that allows AI users and enthusiasts to rent computing power based on their AI extrapolation needs. With such a grid, users can build AI solutions without incurring overheads and lock-in fees. As a result, they can transparently rent GPUs from the grid at a low price to enable the construction of AI solutions. In addition, as an AI user of Nosana, you get a set of user-friendly tools to help users maximise GPU resources.

In addition, Nosana utilises idle compute power on gaming PCs, mining units and MacBooks, enabling users to earn revenue by renting out their devices to AI builders. As a result, Nosana will gradually transform AI construction from a centralised company to a smaller AI project with limited resources, but with innovative AI concepts.

Nosana Pingtung operates in two ways:

• AI reasoning workload

As an AI user, you can deploy AI inference workloads on Nosana. Currently, Nosana wants to support Llama 2 and stable proliferation of AI inference workloads, and invites interested parties to participate in testing.

To run AI inference workloads on Nosana, you need NOS tokens, which give you access to all the compute power you need for your development projects on the Nosana GPU grid.

• Nosana Nodes

As a GPU owner, you can run nodes on Nosana, earn NOS tokens as a bonus, and distribute unused compute power to AI builders. By installing the Nosana node software on your device, you can make your hardware compatible with the Nosana Grid and earn rental bonuses.

Nosana nodes are still in pre-release and are only compatible with NVIDIA GPUs. to run a node, you need an internet connection, 4GB+ of RAM, and a Solana address with some SOL tokens. You can run the node on Windows or Ubuntu.

About Nosana Tokens (NOS)

NOS is the native utility token for the Nosana ecosystem. It is an SPL-compliant token used to power the Solana GPU Grid.

You can use Nosana tokens to pay for services in the Nosana Marketplace and to purchase compute resources at Nosana. You also need to have NOS tokens when deploying AI inference workloads on Nosana. In addition, NOS is used to reward users who participate in the Nosana GPU Test Grid, as well as node operators on the typhoon.

The total supply of Nosana is 100 million tokens, which will be distributed as follows:

- Public sale - 3% of tokens allocated and unlocked

- Airdrop - 5% of the token allocation is unlocked

- Mining - 20% linearly released within 24 months of token distribution

- Battlegroup - 20% linearly released within 48 months of token distribution

- Liquidity - 10% unlocked for token distribution

- Company - 25% of funds are released linearly over 36 months, with 10% of the pool released for the first time at token distribution

- Backers - 17% linearly released within 9 months, with 10% of the pool released at the time of token distribution

Conclusion

The AI space is exploding, and projects like Nosana, which is looking to merge AI with blockchain, are poised to come full circle. nosana has quickly pivoted to AI inferencing after identifying a gap in GPU availability to meet the huge demand for AI models by AI users.

Nosana's model, which allows GPU owners to rent unused computing equipment for rewards while providing AI users with affordable computing power at nearly 85% below market price, is the value-accumulating model the tech sector needs to realise the AI dream.

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