NuNet

NuNet is building a decentralized computing network on a global scale. This network will let anyone share and monetize their spare computing resources. The compute platform will provide globally distributed and optimized computing resources for decentralized networks — including the SingularityNET platform, marketplace and ecosystem.

A huge reservoir of computing potential remains untapped – the latent opportunity residing in private computers, smartphones and other smart devices, when not in active use, add up to computing power that can far exceed the world’s current fastest supercomputer. Similarly, the massive potential for crowdsourcing the creation and curation of decentralized datasets remains unrealized.

NuNet is the decentralized compute layer for the creation of a truly decentralized technology infrastructure stack, creating equal and open compute resources, which is vital to researching and building decentralized AI, blockchains, software, and the decentralized global brain.

Technology

NuNet is on a mission to tie the world’s computing resources, data and ingenuity together through a powerful API of a group of APIs. The aim is to introduce these resources to the SingularityNET ecosystem first. NuNet and SingularityNET together provide both hardware and software to build efficient AI while keeping the services decentralized.

Features:

• Decentralized Hardware – AI service calls to NuNet to run on a network of decentralized hardware.
• Serverless Deployment – The SingularityNET developers community will be able to propose their services and use NuNet for serverless deployment or deploy the services themselves.

Business Model

Offering optimized decentralized global computing power and storage for distributed computing. NuNet’s physical computing infrastructure has a technical and business layer above it and distributed computing and data frameworks like SingularityNET and DAIA below it. NuNet’s open source nature lets it implement several existing technological solutions offered by AI, general computing, cryptography, blockchain and other domains. The end goal is to create an infrastructure to offer decentralized and optimized computing power and storage that makes computing platforms and processes distributed.

Tokenomics

NuNet’s tokenomics is an economic layer on top of the technical application of the platform. This economic layer is important to sustain development and operation of a decentralized ecosystem.

Economic Layers:

• Computing resource providers will compete to offer cost-efficient and reliable computational processes requested by AI services.
• AI service providers will compete to provide precise and efficient algorithms for AI engines.
• Data providers will compete to ensure best quality and most reliable data is supplied to the AI algorithms.