Brief Introduction to Nosana
If you want to understand Nosana you need to understand artificial intelligence and blockchain because Nosana Technology is a combination of both technologies.
What Nosana does is to create a decentralized computing Network of systems for artificial intelligence to interfere WorkLoads.
One of the things Nosana is doing is to enable trained Ai models to operate at a big scale .
Nosana is not completely a new project. This was launched in 2021. Basically as of 2024 it’s about 3 years on the market.
The aim and major reason for its creation is to provide decentralized automation .
But as time went by the major focus of this project was taken away from just decentralized automation to Ai workload Jobs.
When we Talk about Ai workload Jobs we mean it’s a technology used by ai to show a person hiring the best candidate out of thousands of applications.
Basically it’s a technology enabling ai to do selections of certain best specifications out of a variety .
Am speaking to people who have advertised jobs either on X or LinkedIn or newspapers to look for a worker qualified for a particular position.
This creates a long list of hundreds of applications of which some don’t carry any significance and some do. It’s a hectic process to filter and find out which one is the best out of them.
This is just a problem example threat Nosana ai can be impactful in easing some of the hustles here by helping you filter .
Nosana sets as a new decentralized automated platform to process , analyze massive amounts of Data
What’s makes Nosana Unique and it’s Founders.
Before choosing if Nosana project is a good Ai Crypto Investment, let’s draw a deep look into the founders of this project and how it’s organized.
I must say that Nosana is one of the best Ai Crypto project with aim to provide alternative to centralized cloud tools.
Novana company is privately owned and financially backed up by venture capital .
This falls under financial software type of a company.
It has it’s main offices in Amsterdam Netherlands.
Nosana was founded in 2021 . It has 9 employees
It’s founded by Jesse Eisses and Sjoerd Kijkstra in 2021.
Nosana Ai token price predictions and the future.
Apparently Nosana is trading at 4.8$ as showing on CoinMarketCap.
The growth of Nosana token has surprised most of the investors in the industry as its ATL price was 0.0106$
Such a growth could have made some people who bought it cheaply at its ALL TIME LOW price millionaires.
Ofcos this is not for everyone , it’s only for those who practiced patience and hold UpTo date Ofcos which is not easy at all.
Previously it Nosana hit its ATH price at 7.970$ . Which was so amazing .
Nosana has a total supply of 100 million coins . Which makes it a bit limited and highly competitive.
Are you looking at buying some Nosana?
This token is only having 48.20 million coins in its circulation making a volume of $9.89Millions in trade for every 24hours.
What will be the price of Nosana Token Price by 2030?
It’s very possible for Nosana to hit 30$ or even 40$ by then. But what’s the point to speculate the price of a token it’s not really worth it.
I think it’s so important for investors invest in a technology rather than to speculate.
There are decisions with people and population in CRYPTO as an industry it has a lot of sick speculations that can lead you to make wrong decisions, therefore, Nosana token future will be bases on the utility of the token.
It’s also possible that the price can go lower than this as long as the market is focusing on something else at that particular moment, that’s why it’s very difficult to determine the price of a cryptocurrency for the future.
It’s easy to know what is going to happen in the next few minutes or hours but it’s very hard to determine what will happen to a price of a cryptocurrency in 4 years.
In 2030 it’s very possible to find Nosana token value at one dollar or two dollars or even lower than that but for investors who have invested in Nosana token, knowing what exactly they have invested in , knowing what exactly the technology they have invested in their hopes will still be up.
The Utility of Nosana Token
This token is a native utility token for the Nosana project. It has alot of uses its ecosystem. Basically that is what would determine its value and price and yes also how amazing it is for the ecosystem.
This is a question you should put in mind ” are people in this particular ecosystem know what the value of this token and do they actually appreciate to put it into usability?”
Nosana usability in particular it is used for fees for purchasing GPU power on the network, which is really amazing because this is a usability that will increase the price of this token if it is efficient to put into real use.
The token is also used for staking and people also use these tokens to earn rewards
This token is also a governance token which is used for voting , of which the voting helps to determine how the network resources are allocated.
Previously, we talked about how this token will grow in value. It is so important to understand that the relationship between value and the utility is so close.
If the token has a lot of utility , the token usually grows in price and this is a sister relationship.
The Future of this project in the Ai Technologies after Matrix one collaboration
Recently, Nosana is having a tight partnership with Matrix one which is the pioneering decentralized AI character protocol.
There is something huge that is going to come out of this collaboration. The end goal of this collaboration is to democratize the creation, ownership, and utilization of AI powered characters.
This is going to leverage Nosana Advanced infrastructures to prepare its Ai technologies to new heights.
I want you to understand that by integrating with the Matrix One Nosana would be testing its platform capabilities because it is going to be providing Matrix one with access to its advanced GPU solutions for extensive computational research and development tasks, the integration will enhance Matrix One Ecosystem and hence this will enable creation for more sophisticated and powerful, avatars.
The founder of Nosana said
“ We are thrilled to power metrics one innovation characters with our decentralized compute capabilities.”
So this kind of partnership, and extra more that may come in the future, will have a positive impact on the future of this project and also expected have positive impact on the growth of the token, Yes also on the growth of the entire ecosystem of Nosana Project
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