Must-read! In-depth analysis of NetMind (NMT) market capitalization expectations: Why it may become the leader in the field

1. Project Introduction

NetMind (NMT) is a blockchain-based decentralized artificial intelligence platform that focuses on providing users with efficient and secure machine learning solutions. By integrating idle GPU resources around the world, the NetMind Power platform provides users with a flexible high-performance computing environment. The platform supports users to rent GPUs for machine learning model training, provides cloud synchronization functions, and ensures the continuous update and backup of user data and models. In addition, the NetMind Power platform integrates Web3 technology, supports seamless docking with wallets such as MetaMask, and facilitates users to manage and transfer NMT tokens.

The platform also provides a feature-rich AI workspace where users can create, import, and manage their machine learning tasks, supporting multi-task parallel processing and improving work efficiency. At the same time, the platform uses blockchain technology to ensure data security and privacy, and ensures data integrity and confidentiality through distributed storage and encryption technology.

NetMind Power is also committed to building an active ecosystem, encouraging users to obtain NMT rewards through staking and participating in platform activities, and stimulating the community's active participation and contribution. The platform provides developers with a wealth of tools and documentation support to help them build and deploy various AI applications on NetMind Power.

2. Project highlights

1. Decentralized GPU leasing: Use globally distributed idle GPU resources for high-performance computing, reduce costs, and improve resource utilization. Users can flexibly rent and release GPU resources to meet different training needs.

2. Web3 integration: The platform is compatible with Web3 wallets such as MetaMask, and users can easily obtain and transfer NMT tokens across chains. At the same time, it provides transparency and security of on-chain data to ensure the security of user assets.

3. AI workspace: Users can create, import and manage AI training tasks, support multi-task parallel processing, and improve work efficiency. Provide intuitive interface and operation guide to simplify the AI ​​model training process.

4. Security and privacy: Use blockchain technology to ensure data security and privacy, so that users' data and models are fully protected.

3. Market value expectations

As @0xLogicrw said: Compared with other leading decentralized AI projects, NetMind.AI is expected to have greater room for growth. This is mainly due to two aspects: one is the deep technical accumulation and professional background of the NetMind.AI team in the field of AI; the other is the all-round AI ecosystem created by NetMind.AI, which covers all aspects from computing power leasing to model training, reasoning and deployment. This dual moat of technology and ecology makes NetMind.AI stand out in the decentralized AI track.

At present, the unit price of NMT is about US$2.3, the circulating market value is about US$90 million, and the fully diluted market value is about US$350 million. Compared with Akash Network and io.net in the same track, the former currently has a circulating market value of US$600 million and a fully diluted market value of US$990 million, while io.net has a circulating market value of US$160 million and a fully diluted market value of US$1.4 billion.

Based on current market data and the development potential of the project, the ideal expectation for NetMind.AI's future market value is as follows:

Short-term (6-12 months): The circulating market value is expected to reach US$150 million to US$200 million, and the fully diluted market value is US$400 million to US$500 million. This growth mainly depends on the market's gradual recognition of decentralized AI projects and NetMind.AI's continued advancement in technology and ecology.

Medium-term (1-2 years): The circulating market value is expected to reach US$300 million to US$400 million, and the fully diluted market value is US$700 million to US$900 million. The growth at this stage is expected to benefit from the further penetration of the project in the market, as well as the maturity and expansion of the ecosystem.

Long-term (2-3 years and above): The circulating market value is expected to reach US$600 million to US$800 million, and the fully diluted market value is expected to reach US$1.2 billion to US$1.5 billion. In the long run, as NetMind.AI establishes its leading position in the field of decentralized AI, its market value is expected to catch up with or even surpass the current head projects Akash Network and io.net.

In summary, NetMind.AI has significant market value growth potential, especially driven by its technological advantages and all-round AI ecosystem. In the future, the market value range will gradually increase and become one of the leading projects in the decentralized AI track.

Of course, the actual market value performance is affected by multiple factors, and the specific situation needs to be analyzed in detail.

IV. Economic Model

NetMind Token (NMT) is the native utility token of NetMind Chain, designed for a variety of platform functions, including paying for training and inference services, rewarding users who contribute computing resources, and participating in platform governance. The total supply of NMT is 147,571,163 pieces. The platform controls the issuance and destruction of tokens through smart contracts to adjust the market supply and demand relationship. For example, the platform will adjust the distribution ratio of computing costs according to market demand and NMT prices to ensure the stability of the value of tokens.

NetMind.AI launched a new token economic model on April 16, 2024, with a total of 113 million NMT tokens to be issued over the next 10 years, of which more than 50% will be allocated to the platform's computing power providers.

The token distribution is as follows (total for 10 years):

・62.5 million NMT (55.31% of new issuance and 42.35% of new total supply) are designated as computing power rewards, which are awarded to contributors who provide computing power to the network.

・16.5 million NMT (14.60% of new issuance and 11.18% of new total supply) are allocated as staking rewards, which are awarded to users who participate in staking and provide liquidity.

・16.5 million NMT (14.60% of new issuance and 11.18% of new total supply) are designated as the Ecosystem Growth Fund to expand and enrich the NetMind.AI ecosystem.

・7.5 million NMT (6.64% of new issuance and 5.08% of new total supply) are reserved for strategic investors and advisors.

・10 million NMT (8.85% of new issuance and 6.78% of new total supply) are allocated as a team fund to reward the NetMind.AI technical team.

As more and more users choose to hold and stake NMT for a long time to earn returns, the number of NMTs in actual circulation will be greatly reduced.

Through a carefully designed token economics model, NetMind.AI closely combines economic incentives with system contributions to build a virtuous cycle ecosystem: the more people use the NetMind Power platform, the greater the demand for NMT and the more stable the price, which in turn will attract more computing power providers and developers to join. NetMind.AI is exploring a new and sustainable path for the development of decentralized artificial intelligence.

V. Team and Financing

Kai Zou, founder and CEO of NetMind.AI, graduated from Tsinghua University's Basic Sciences in Mathematics and Physics in 2010 and received a master's degree in mathematics and statistics from Georgetown University in 2013. In addition to his academic achievements, Kai Zou has also invested in several AI startups, including Haiper.ai, Auto Edge, Qdot and Orbit.

Although the project financing situation has not yet been disclosed, it has established academic cooperation with many world-renowned universities such as Tsinghua University, Cambridge University, University of Wisconsin-Madison, Shanghai Jiaotong University, Huazhong University of Science and Technology, and Fudan University to jointly carry out cutting-edge AI research projects. These projects involve hot areas such as graph neural networks, neural architecture search, natural language processing, and data privacy protection, making full use of the computing power support and AI ecosystem provided by the NetMind Power platform.

VI. Risk Warning

1. The price of NMT tokens may be affected by various factors such as market supply and demand, investor sentiment, and macroeconomics, resulting in large price fluctuations, which may affect users' investment returns.

2. The platform's core technologies such as GPU leasing and Web3 integration may face technical failures or security vulnerabilities, which may result in loss of user data or interruption of platform services.

VII. Official Links

Website: https://power.netmind.ai/

Twitter: https://x.com/NetmindAi

Telegram: https://t.me/NetmindAI