NuNet
NuNet is a decentralized, self-organizing P2P network that functions as a global sharing economy for computing resources. It aims to create a zero-waste paradigm by enabling any hardware or software unit capable of contributing to a computational workflow to be productive on its network. NuNet taps into global GPU and computing power, revolutionizing resource allocation, sharing, and exchange. It offers openness, sustainability by utilizing idle resources, resilience through decentralized architecture, security via decentralized protocols, cost efficiency by mobilizing idle resources, and scalability for workflows. The network is designed for evolution and self-organization, supporting advancements in AI, IoT, and other tech fields. Its purpose is to harness the vast potential of decentralized computational power, estimated to be capable of training thousands of advanced AI models annually, to solve humanity's challenges, with governance shared among all network participants who set their own conditions for resource engagement.
NuNet
NuNet is a decentralized, self-organizing P2P network that functions as a global sharing economy for computing resources. It aims to create a zero-waste paradigm by enabling any hardware or software unit capable of contributing to a computational workflow to be productive on its network. NuNet taps into global GPU and computing power, revolutionizing resource allocation, sharing, and exchange. It offers openness, sustainability by utilizing idle resources, resilience through decentralized architecture, security via decentralized protocols, cost efficiency by mobilizing idle resources, and scalability for workflows. The network is designed for evolution and self-organization, supporting advancements in AI, IoT, and other tech fields. Its purpose is to harness the vast potential of decentralized computational power, estimated to be capable of training thousands of advanced AI models annually, to solve humanity's challenges, with governance shared among all network participants who set their own conditions for resource engagement.
TL;DR
What they do: Open-source decentralized peer-to-peer compute network and tokenized marketplace (NTX) for sharing idle computing resources
Founded / origins: Incubated from SingularityNET X‑Lab; project activity from 2018 and company listings from 2019
Employees: 32
Recent disclosed funding: Grant announced Feb 21, 2022
Company Overview
Problem Domain
Decentralized compute marketplaces; distributed orchestration of heterogeneous hardware for compute-heavy workloads.
Founded
2019
Industry
Distributed computing / Blockchain-enabled compute marketplace
Tech Stack
Funding Track Record
Most recent disclosed funding event listed as a grant on Feb 21, 2022
Investor Signal
“NewTribe Capital listed as a lead investor on a disclosed funding/grant event”