Fetch.ai (FET) surged 90%, clearing $1.50 resistance.  

CryptoLeo predicts $2 as the next target for FET.  

Growing AI interest fuels Fetch.ai's bullish momentum.  

Fetch.ai (FET) has shot past $1.50, silencing skeptics. CryptoLeo, who predicted the rally, called out doubters who thought FET would drop below $0.80. Instead, the token is now up over 90% from the recent resistance. 

With $1.50 cleared, CryptoLeo believes $2 is the next big target. If FET holds above this level, bulls could see even bigger gains. Is this just the beginning of a massive run for Fetch.ai?

https://twitter.com/CryptoLeo00/status/1836657736135614705 Building Strong Momentum

FET’s recent surge shows strong momentum. CryptoLeo thinks this move confirms a major bullish trend. Pushing past the $1.50 resistance has sparked new excitement. 

Investors are now watching to see if FET’s bullish trend will continue but a daily close above $1.50 is key. According to CryptoLeo, this could trigger a move toward $2, as more investors jump on board.

With growing interest in AI and decentralized tech, Fetch.ai is gaining attention. The next few days will reveal whether FET can keep up its pace.

Is $2 the Next Milestone?

Fetch.ai’s success is driven by its AI-based technology, bringing artificial intelligence to decentralized systems. As the blockchain space embraces AI, Fetch.ai’s fundamentals look strong. 

The token's smart contracts and innovations are capturing the interest of both tech enthusiasts and investors.

CryptoLeo’s bullish view isn’t just about the price. Fetch.ai is gaining real-world use cases, making its long-term outlook promising. As FET continues to climb, many believe this could be just the beginning. 

With its price already up 90% from recent lows, the $2 target is becoming more realistic. If momentum holds, Fetch.ai could deliver more big moves in the coming months.

The post FET Rockets Past $1.50: Is $2 the Next Target? appeared first on Crypto News Land.

As we approach the final quarter of 2024, a trio of cryptocurrencies has emerged as frontrunners: Chainlink (LINK), Polkadot (DOT), and IntelMarkets (INTL). These tokens have captured the attention of investors and analysts alike, with their unique features and potential for significant growth.

From Chainlink’s (LINK) role as a decentralized oracle network to Polkadot’s (DOT) innovative approach to blockchain interoperability, and IntelMarkets’ (INTL) AI-driven trading platform, we will explore the factors that have propelled them to the forefront of the crypto market.

LINK Stuck in Trading Range: Will it Break Out or Break Down?

According to  a post from CryptoJobs3, a renowned crypto analyst, Chainlink (LINK) is currently going through a consolidation period of trade. The token is now trading between two crucial price levels, which are $9.00 and $12.50. 

Should one of these levels be broken, the token may shift. According to crypto analysts, LINK appears to be creating a descending triangle, a pattern that traders are keeping a careful eye on in case it breaks out. 

Since several attempts to surpass this level have been unsuccessful, LINK is still limited to a small trading range. If LINK is able to overcome this barrier, it may lead to a price increase and a surge as high as $20, assisted by an increase in the market as a whole.

However, if LINK is unable to break through, the consolidation period may drag on longer, making LINK more susceptible to negative pressure.

Is Polkadot (DOT) Ready to Break Out? Experts Weigh In

In the Web3 sector, Polkadot (DOT) appears to be picking up steam after a recent update that attracted a lot of interest from developers. Similar to other cryptocurrencies, DOT has seen drops lately. But there are positive indications that a bottom could be emerging, which has raised hopes for the final quarter of 2024.

Moving averages are flattening and the weekly MACD is making higher lows, suggesting that DOT may be getting ready for a bullish run once the market corrects and stabilizes. A double bottom at $3.56 may be a sign that a turnaround is about to occur.

Since DOT has already begun to gather liquidity below its present price, it is well-positioned to pursue higher liquidity zones above, which might result in a price increase. Investors are keeping a close eye on Polkadot (DOT) as it gets ready for what may be a big upswing in the near future.

IntelMarkets (INTL): Maximizing Profits, Minimizing Risks

IntelMarkets (INTL) is an AI-powered trading platform that offers an edge over conventional trading platforms and presents possibilities to traders even when the market tends lower.

This AI-based trading platform is not dependent on a single blockchain. The platform’s built-in DEX enables users to switch between Ethereum and Solana, which is quite helpful when the markets in both ecosystems are not the same.

Traders may utilize actual data feeds and automated trading robots using IntelMarket (INTL) to take advantage of any potential market movements. The AI algorithms at IntelMarkets continuously hunt for opportunities amidst market fluctuations, providing traders with an opportunity to earn even in the face of declining market circumstances.

The 1000x leverage on IntelMarket (INTL) is one of its revolutionary characteristics; it allows you to take full advantage of market volatility while improving your trading skills. With the help of this effective tool, passionate traders and investors may make the most of their knowledge and skills in the present volatile cryptocurrency market, maximizing profits while lowering risks.

They are currently in their stage 2 of presale, having already raised a staggering amount of over $375,000, at a token price of $0.018. It is expected that with the ongoing momentum and developments phase, the INTL price will rise over $1 as we move the Q4 of 2024.

Discover More About Intel Markets:

Presale: https://intelmarketspresale.com/

Buy Presale: https://buy.intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

The post Top-Rated Q4 Performers: Chainlink & Polkadot Lead the Pack With IntelMarkets Poised for a $1 Breakthrough appeared first on TheCoinrise.com.

BitTensor (TAO), a leading AI-focused cryptocurrency, is gaining momentum as the Web3 space evolves with blockchain technology. According to Coingecko, TAO recorded a 20.26% price increase in the last 24 hours, positioning it as the top performer among the top 50 cryptocurrencies by market cap at press time. TAO traded at $378.15 at press time, with a market cap of $2.8 billion and a 24-hour trading volume of $191.9 million.

TAO’s positive price action is part of a broader bullish trend in the AI sector, influenced by the growing integration of artificial intelligence within the tech industry. 

Major companies like Nvidia have recently posted better-than-expected earnings, which have bolstered market sentiment towards AI-related assets, including cryptocurrencies like TAO.

TAO’s Technical Analysis and Resistance Levels

The daily chart for TAO/USDT reveals strong bullish momentum. The Bollinger Bands indicate increased volatility, with the price pushing against the upper band, reflecting strong buying pressure. 

Moreover, the current price is significantly above the 20-day simple moving average (SMA) of $284.9, indicating a strong bullish sentiment. 

However, the proximity to the upper Bollinger Band suggests that the market could be overextended, and a pullback or consolidation may occur if profit-taking increases.

Source: TradingView

The Aroon indicator further supports the bullish outlook, with the Aroon Up line at 100% and the Aroon Down line near 7.14%, signaling a dominant uptrend with minimal downside risk. This positioning suggests that buyers are firmly in control of the market, driving the price higher with little indication of a trend reversal at this point. 

As of this writing, the Relative Strength Index (RSI) stands at 68.11, approaching the overbought zone, which points to strong buying momentum but also cautions of potential exhaustion if the uptrend continues without a pause.

Analyst’s View on TAO’s Potential Rally

Roman, a crypto analyst, highlighted the critical $400 resistance level as key to TAO’s potential rally. According to his analysis, 

“$400 break & we can resume the move to $2-3k before next correction.” 

Roman noted that TAO has repeatedly tested this level but has yet to secure a clear breakout, making it a major pivot point for future price action. The resistance zone has historically triggered multiple rejections, underlining its importance in TAO’s market dynamics.

Source: X

If TAO successfully breaks through the $400 barrier, Roman projects a sharp rally to the $2,000–$3,000 range, representing a potential 5x to 7.5x increase from the current price. This outlook hinges on the asset overcoming established resistance, which has been a significant challenge in recent sessions. 

Roman’s analysis emphasizes that breaking this resistance could spark renewed interest in TAO, pushing it toward higher price targets.

Market Metrics Show Renewed Engagement

Recent data from Coinglass reflects growing market interest, with volume up 39.96% to $267.74 million and open interest rising 39.63% to $93.65 million. The increased open interest suggests that traders are positioning themselves in anticipation of future price movements, aligning closely with the recent price recovery. 

Source: Coinglass

Historically, peaks and troughs in open interest have coincided with shifts in price, indicating that the current rise may be a precursor to further market activity.

TAO’s open interest had previously reached highs near $80 million in early June before declining as the price fell, reflecting a reduction in trader participation. The recent uptick in both price and open interest suggests a renewed market engagement, potentially driven by broader bullish sentiment in the AI sector.

The post BitTensor (TAO) Price Prediction September 19: TAO Surges 20%, Analyst Predicts $3K Rally if $400 Breaks appeared first on Coinfomania.

The post AI Tokens On A Run! These 2 Altcoins To Dominate The Bull Market? appeared first on Coinpedia Fintech News

With the price of Bitcoin reclaiming the $64k mark during the early Asian trading hours, the Artificial Intelligence (AI) category has recorded a strong bullish recovery with top tokens outperforming the market leaders.

Moreover, Turbo price from the AI category has recorded a double-digit surge with a trading volume of over $200M. With the current market sentiments, is the AI category on the path of experiencing a bullish rally similar to the Q1 of this year? Dive in to find out the top trending AI tokens.

Bittensor Price Breaks Its Crucial Resistance!

With a jump of over 10% in the past 24 hours, the TAO price has reclaimed the $400 mark with a high of $431.09. Moreover, it has surged ~50% over the past seven days and has a yearly return of 58.71%. This indicates a long-term bullish influence for the AI token in the market.

TradingView: TAO/USDT

The Relative Strength Index (RSI) has breached its overbought range in the 1D time frame. Moreover, its average trendline displays a bullish curve in the TAO price chart. This suggests a bullish outlook for this AI token in the coming time.

Maintaining the price above its resistance level of $437.5 could set the stage for Bittensor price to test its upper high of $547. Conversely, a bearish reversal could pull the price toward its low of $326 during the upcoming weeks.

Also read, Bittensor Price Prediction 2024 – 2030

AIOZ Price Hints A Bullish Reversal!

Amid increased bullish sentiment, the AIOZ price is on the verge of testing its important resistance level with an intraday jump of 4.98% and a trading volume of $6.060 million. Furthermore, this Artificial Intelligence (AI) token has recorded a 200% jump this year.

TradingView: AIOZ/USDT

The Simple Moving Average (SMA) records a bullish crossover in the AIOZ Network price chart. Further, the MACD indicator has displayed a rising green histogram in the 1D time frame. This indicates that the price may continue gaining value in the coming time.

If the market continues to favor the bulls, this could result in the AIOZ crypto price heading toward its upper resistance level of $0.5935 this month. On the flip side, if the bears overpowered the bulls, the Bittensor token could plunge toward its crucial support of $0.270.

Also read, AIOZ Network Price Prediction 2024 – 2030

Aethir, a decentralized graphic processing unit (GPU) cloud computing network, has partnered with the Filecoin Foundation to address GPU scarcity.

The collaboration aims to address the growing challenge in the artificial intelligence and Web3 sectors by offering GPU leasing services integrated with Filecoin’s decentralized storage network.

In a Q&A, Mark Rydon, the chief strategy officer and co-founder at Aethir, explained that traditional systems can “no longer keep up with computational and storage demands.”

“Filecoin’s decentralized storage backbone complements Aethir's decentralized GPU cloud infrastructure by providing a secure and scalable way to manage vast amounts of data, making this the ideal time to collaborate and meet the industry’s evolving requirements."

GPU shortage 

The partnership between Aethir and Filecoin was revealed at the FIL Singapore event, where Rydon discussed the importance of computational support for decentralized infrastructure.

He explained that Aethir’s network of more than 43,000 GPUs, including Nvidia H100s, helps to meet the growing need for computational power.

Rydon told Cointelegraph that Aethir chose to integrate with Filecoin because of “the need for decentralized infrastructure […], particularly in AI and Web3.”

Challenges to decentralized GPU cloud computing

Decentralized GPU cloud computing faces multiple substantial challenges, particularly “the global shortage and inefficient use of GPUs,” according to Rydon.

“Another key issue is ensuring that compute power and data storage remain balanced and decentralized, which is critical to avoiding central points of failure.”

To address these challenges, the partnership focuses on AI-driven data security, using AI and node-focused data like TensorOpera Fox-1 stored using Filecoin’s network.

Rydon stated that Aethir’s partnership with Filecoin will include combining its “scalable GPU computing capabilities” with Filecoin’s storage services to address “heavy computing and storage needs.”

Aethir decentralized cloud launch

In June, Aethir launched its decentralized cloud compute network on the Ethereum mainnet to enable idle GPU resources to be contributed to the GPU-as-a-service solutions network.

Rydon explained that the establishment on mainnet enabled “high-quality enterprises” to contribute their resources to “increase access to the current supply of GPUs.”

Developers and enterprises can rent compute resources from Aethir’s network of providers to support the training of AI models or to render digital content at scale.

Magazine: What Solana’s critics get right… and what they get wrong

Government authorities are set to embrace artificial intelligence (AI) in their efforts to track and solve blockchain-based crimes, according to Michael Gronager, CEO of blockchain analytics firm Chainalysis. Speaking at the Token2049 conference in Singapore on September 20, Gronager predicted that AI-driven investigations will become the standard tool for law enforcement agencies within the next three to five years.

Blockchain Tech to Solve Crimes

Gronager highlighted the transparency and scalability of blockchain technology as key factors making it ideal for solving crimes globally. He emphasized that AI agents could streamline the investigative process far more effectively than traditional government agents, minimizing overlap between departments and providing deeper insights into illegal activities conducted through cryptocurrencies.

According to Gronager, blockchain will soon be “the only way you would want to solve crime.”

The CEO also pointed out that AI could play a role in tracking crypto tax evaders, especially as tax authorities around the world, including the U.S. Internal Revenue Service (IRS), are already adopting these advanced technologies. However, he acknowledged that individuals who cashed out crypto transactions more than five years ago may evade scrutiny due to outdated tracking methods.

“Many early crypto users likely didn’t pay taxes not out of malice, but because they didn’t know how,” Gronager explained, noting that evolving crypto tax tools and legal expertise mean that such excuses are becoming less viable.

Challenges Posed by Privacy Tools

While AI promises to enhance transparency, Gronager acknowledged the challenges posed by crypto privacy tools, such as mixer protocols and privacy-focused tokens like Monero (XMR). He admitted that these technologies complicate AI’s ability to track criminals. However, he noted that privacy transactions now represent less than 1% of all crypto transactions, indicating a relatively small portion of the overall market.

Despite the challenges of tracking illicit crypto activities, Gronager shared data underscoring the scale of the issue. A report from Chainalysis revealed that since 2019, nearly $100 billion in funds have been transferred from known illicit wallets to cryptocurrency exchanges or other conversion services.

The post AI to Revolutionize Blockchain Crime Detection within Five Years, Says Chainalysis CEO appeared first on TheCoinrise.com.

In an interview with Cointelegraph, Chainalysis CEO Michael Gronager has boldly predicted that AI will eliminate crypto-related crime within the next five years. This ambitious goal hinges on the ability of AI agents to monitor every blockchain transaction, akin to the IRS's efforts to detect tax evasion. This highly anticipated development will see countries worldwide deploying AI agents to scrutinize blockchain activity for suspicious patterns. These agents will revolutionize law enforcement's ability to combat crypto-enabled crimes, marking a significant turning point in the fight against illicit activities within the cryptocurrency ecosystem.

As the cryptocurrency market continues to evolve, advanced technologies are reshaping the way investors approach trading. Among the most transformative innovations is artificial intelligence (AI), which is now playing a central role in optimizing crypto trading strategies. To explore how AI is revolutionizing the crypto space, we sat down with two leading account managers from […]

The post The Role of AI in Crypto Trading: Insights from Victoria Bianchi and Isaac Al Nahyan of PlusInvesting.net appeared first on TechBullion.

The post AI Tokens To Dominate The AltSeason In Q4 As Bulls Resurface? appeared first on Coinpedia Fintech News

As the price of Bitcoin (BTC) reclaims the $62,000 mark during the early Asian trading hours, the cryptocurrency market has experienced a strong bullish recovery with top altcoins heading toward their important resistance levels.

Moreover, despite the meme coin category recording the highest gains, the Artificial Intelligence (AI) category has resurfaced with many tokens recording a significant surge. With this, the AI category is under the limelight once again.

Will the AI category make a bullish comeback this Q4? Scroll down as, in this article, we at CoinPedia have documented detailed research concerning Injective (INJ), Render (RENDER), and Theta Network (THETA) crypto projects.

INJ Price To Test Its Important Resistance Level?

Amid increased bullish action, the Injective coin price has jumped 7.82% in 24 hours with a trading volume of $114.10 million. Moreover, with a monthly gain of 10.87%, it has successfully reclaimed the $20 mark. Notably, the altcoin is on the verge of testing its trendline, the outcome of which is uncertain.

TradingView: INJ/USDT

The Simple Moving Average (SMA) supports the Injective price chart in the 1D time frame. Moreover, the MACD indicator has displayed a rising pattern, indicating a strong bullish outlook for the AI token in the coming time.

If the bulls break out of the resistance level of $21.35, the INJ coin price will prepare to test its upper high of $28.25 in the coming time. On the flip side, a bearish reversal could pull the price toward its crucial low of $15 this month.

Also read, Injective Price Prediction 2024 – 2030

Render Token Records Increased Price Volatility!

With a jump of ~11% over the past day, the Render price has reclaimed the $5 mark. Notably, with a trading volume of $324.04 million, it has recorded a 24-hour High/Low of $5.19 and $4.62. Moreover, with a YTD return of ~15% and a market cap of $2.66B, it has secured the 34th position.

TradingView: RENDER/USDT

The EMA 50-day acts as a resistance to the price chart in the 1D time frame. However, the Relative Strength Index (RSI) has breached its neutral point with a bullish convergence in its RNDR price chart. This suggests a mixed sentiment for the ERC-20 token in the market.

Suppose, the bulls regain momentum, in that case, the Render price will head toward its upper level of $7.18 in the coming time. Conversely, if the uncertainty continues hovering over the crypto market, the Render token could plunge toward its low of $3.65.

THETA Price Hints At A Potential Break Out Rally?

By defying all odds, the Theta Network price has jumped 10.52% within the past day and 16.56% over the past week. Furthermore, it has jumped 18.54% during the past 30 days and has a Year-to-Date (YTD) return of 11.86%.

TradingView: THETA/USDT

The MACD indicator has experienced a constant rise in the green histogram. Further, its averages show a similar action. With its SMA supporting the price chart, the THETA token hints at a bullish outlook in the coming time.

Maintaining the price above its resistance/support level of $1.410 could set the stage for this altcoin to head toward its upper level of $1.975 during the upcoming weeks. However, a bearish action could result in it retesting its low of $0.930.

Also read, Render Price Prediction 2024 – 2030

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a disruptive force in the emerging space of digital companionship. By merging artificial intelligence (AI), blockchain, and virtual reality (VR), AI Companions is pushing the boundaries of how people interact with digital entities, making waves in both the tech and crypto sectors.

A Successful Launch Paving the Way for Expansion

Since launching on September 9th, 2024, AI Companions has already experienced a strong start. The project debuted on three major exchanges—MEXC, BitMart, and BingX—and witnessed impressive early trading volumes, signalling significant investor confidence. Within the first few days, the platform hit critical milestones, marking the start of a larger expansion strategy with momentum expected to continue. 

The initial market enthusiasm and strong launch on three major exchanges is just the beginning. With strategic partnerships on the horizon, additional exchange listings confirmed, and upwards growth trajectory potential, AI Companions looks positioned as one of the most sought-after projects in the market. This momentum is expected to carry forward with expansion of the platforms’ accessibility.

Innovating Technology for a Personalized Experience

At the heart of AI Companions’ offering is the ability to create, customize, and interact with virtual companions in a deeply personalized way. Users can experience companions that evolve based on AI-driven learning algorithms. This personalization distinguishes AI Companions from other platforms that rely on static, one-size-fits-all digital interactions.

By integrating blockchain into the core of the platform, AI Companions offers a secure and transparent framework for all digital experiences. Every transaction, interaction, and upgrade is powered by the $AIC token, providing tangible utility within the ecosystem. Whether it’s purchasing new features or unlocking exclusive upgrades, users are fully in control of their digital companions.

Pushing the Boundaries of Digital Relationships

What makes AI Companions a game-changer is how it leverages VR technology to redefine how users interact with digital companions. The platform’s future VR and AR integrations will offer users fully immersive environments, creating a sense of presence that goes far beyond traditional screens and interfaces.

This next-gen interaction offers an unparalleled experience in the world of virtual companions. Unlike other platforms that focus solely on AI or VR, AI Companions brings the two together to deliver a complete, immersive ecosystem. With more advanced features on the horizon, the platform will allow users to engage with companions in VR settings, enhancing connection and emotional engagement.

Strategic Partnerships and Global Marketing Campaigns

While AI Companions stands as a pioneering tech-driven platform, the team is laser-focused on ensuring that its innovative product reaches a global audience. Well-coordinated marketing campaigns are already underway, leveraging high-profile partnerships, collaborations, and awareness building to attract users across various markets.

These initiatives reflect the team’s understanding that building brand awareness, user engagement, and market visibility is as crucial to the platform’s success as the underlying technology itself. Aggressive marketing strategies are designed to generate a network effect, rapidly expanding the platform’s reach and solidifying its position in the fast-growing world of AI-driven digital relationships.

With a 4th cryptocurrency exchange listing already confirmed, AI Companions is actively expanding its market presence and increasing accessibility for users around the globe. The team is continuously refining and adapting its strategies to meet the evolving needs of the market, ensuring long-term growth and exposure, and will be listing on as many top exchanges as possible to meet its growing demands. Building a  global community that will fuel its future success

The Road Ahead: From Success to Industry Leadership

AI Companions is in its early stages, but its potential for growth is immense. By continuing to enhance AI personalization, expanding VR capabilities, and securing strategic partnerships, the platform is set to become a leader in the evolving world of digital companionship.

With a clear roadmap in place and significant developments planned for the coming months, AI Companions is well-positioned to achieve mass adoption. As more users embrace personalized AI-driven interactions, the demand for platforms like AI Companions will only continue to rise.

To learn more about AI Companions and to stay connected, make sure to explore their official channels below:

Website: AI Companions 

X: https://x.com/aiv_companions 

Telegram: https://t.me/AIV_Companions 

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

The United Nations Artificial Intelligence advisory body has released its final report, outlining seven key recommendations to address AI-related risks and governance gaps. The report was released on Thursday and will be presented at a U.N. summit in September. 

The 39-member body appointed by the UN last year has suggested the establishment of a global body to offer objective and credible scientific information on AI. This panel would help to equalize the state of information between the AI developers and the rest of the population by providing a comprehensive view of the subject and its developments. 

Advisory body warns of AI monopolization risks

Furthermore, the report calls for new policy conversations on how to govern AI, the proposed measures include the creation of an AI standards exchange. This will promote the development of international guidelines. According to the report it will further help countries to exchange information on the best ways to regulate the use of AI technologies.

In its report, the advisory body also warned of the risks of monopolization of AI by a few big multinational corporations. In order to mitigate these risks, the U.N. recommended the creation of a Global AI Capacity Development Network. This will be to improve governance in countries that lack the infrastructure or personnel to tackle the issue of regulating AI.

One of the main recommendations in the report is the creation of a global AI fund. This fund would be intended to help fill in the gaps in collaboration and capacity building. This will facilitate AI governance availability in all countries, irrespective of their levels of technological advancement. 

UN proposes global AI data system to increase accountability

Another of the report’s recommendations is that there should be a global AI data system. With this framework in place, it would be easier to hold AI operations more responsible for data management, privacy, and decisions made by algorithms. The advisory body said that such measures are important to build public trust in AI and to prevent its misuse. 

In addition, the UK will hold a conference in San Francisco on the 21st and 22nd of November concerning the safety of AI. The event will consist of several workshops and sessions aimed at improving the safety measures and guidelines for the development of AI. This conference is held before the AI Action Summit, which will be held in France in February 2025. The topic of the discussion will be the safety and regulation of AI. 

Decentralized AI inference platform Nosana revealed plans to launch its Nosana Mainnet on January 14th, 2025. This event represents an important achievement for Nosana, coming after a year of extensive testing and readiness efforts in anticipation of its large-scale implementation.

“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, in a written statement. “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,” he added.

Throughout the last nine months, the Nosana team has collaborated with its community to test, improve, and ready the platform for its mainnet launch. The network has involved more than 4,000 nodes spread across 60 countries and 6 continents, leveraging a global network of GPU providers. This process has provided important insights from various AI projects, allowing Nosana to further refine its technology.

Nosana’s Mainnet aims to transform access to decentralized GPU resources, enhancing both power and efficiency for AI inference tasks. The launch will introduce new features and major improvements for both users and GPU providers. This includes the Nosana Console, a streamlined and user-friendly interface designed for smooth management of AI inference jobs, as well as a Client SDK, a software development kit that allows developers to easily integrate their projects with the Nosana GPU network.

It is also set to provide real-time, market-driven pricing to optimize resource allocation and ensure fair costs, alongside efficient job distribution to enhance network performance. Moreover, clients will gain full access to Nosana’s decentralized GPU network, allowing for scalable AI operations.

Nosana Unveils Plans For Final Testing Phase Ahead Of Mainnet Launch And Global Hackathon

Nosana is a decentralized AI inference engine that utilizes a global network of consumer GPUs. Built on the Solana blockchain, it offers scalable and efficient access to GPU resources for AI workloads. 

The project is scheduled to initiate Test Grid Phase 3, its final testing phase, on September 30th. This stage will focus on fine-tuning pricing models, introducing staking mechanisms, and ensuring the platform’s readiness for the January launch. 

The mainnet launch marks the beginning of Nosana’s journey. As the platform becomes fully operational, the company aims to grow its ecosystem and attract a wider variety of projects. In Q2 2025, Nosana plans to host its first global hackathon, inviting developers and startups to explore innovative applications for AI inference on its decentralized GPU network.

The post Nosana Gears Up For Mainnet Launch Set For January 2025 appeared first on Metaverse Post.