Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

What is NetMind Token (NMT)?

NetMind Token basic info

Name:NetMind Token
Ticker:
Introduction:

What Is NetMind Token (NMT)?

NetMind Token (NMT) is the native utility token of the NetMind Power ecosystem. NetMind Power is a decentralized computing platform designed to meet the growing demand for high-performance computing in artificial intelligence (AI) and machine learning (ML). Developed by NetMind.AI, an AI research and software company, the platform aims to democratize access to computing resources by leveraging the idle GPUs of users worldwide. By utilizing these underutilized resources, NetMind Power provides an efficient and cost-effective solution for AI model training, fine-tuning, and inference.

The core mission of NetMind Power is to break down the barriers to entry for small organizations, research institutions, and individual developers who face prohibitive costs and limited access to computing power. Through its decentralized network, NetMind Power integrates heterogeneous computing resources globally, utilizing grid and volunteer computing scheduling architecture and load-balancing technology. This approach ensures a low-latency, widely-connected, and easy-to-manage platform that can handle large-scale AI workloads.

How NetMind Token Works

NetMind Power operates on the concept of Volunteer Computing, which allows individuals to contribute their idle GPU resources to the network in exchange for rewards in the form of NetMind Tokens (NMT). This decentralized network of globally distributed GPUs forms the backbone of the platform's training and inference capabilities. The platform intelligently routes tasks to the most suitable computing nodes based on the specific requirements of the job, optimizing performance and reducing costs.

The training platform within NetMind Power is designed to distribute the workload across multiple GPUs, utilizing advanced techniques such as data parallelism and model parallelism. This decentralized approach not only reduces the reliance on centralized resources but also ensures efficient resource allocation and scheduling. The platform employs security measures like encryption and differential privacy to protect user data and maintain the integrity of the training process.

Similarly, the inference platform enables users to deploy and run their AI models seamlessly. It supports containerization, which allows models and their dependencies to be packaged into lightweight, portable containers for easy deployment across the network. The inference platform automatically scales based on demand, distributing workloads across multiple GPUs to ensure minimal latency and cost efficiency. Security measures such as secure enclaves and multi-party computation are implemented to safeguard both the models and the data being processed.

What Is NetMind Power Ecosystem?

The NetMind Power ecosystem is a comprehensive solution designed to support the entire lifecycle of AI and machine learning projects. It consists of three main components: the training platform, the inference platform, and the NetMind Chain blockchain. Together, these components provide a robust and scalable environment for AI model development, deployment, and execution.

The training platform allows users to harness the power of a decentralized network of GPUs for efficient and cost-effective AI model training. This platform supports various AI models and frameworks, enabling users to work with their preferred tools and technologies. The inference platform complements this by offering a scalable solution for running AI models in production, making it easy for developers to integrate AI capabilities into their applications.

The NetMind Chain is the blockchain foundation of the ecosystem, enabling decentralized management and governance of the platform. It employs the Proof of Authority (POA) consensus algorithm and smart contracts to ensure transparency, security, and efficiency. The blockchain also facilitates the distribution of rewards in the form of NMT tokens, incentivizing participants to contribute their computing resources to the network.

What Is NMT Token Used For?

NetMind Token (NMT) serves multiple purposes within the NetMind Power ecosystem. Primarily, it is used as a payment method for accessing the platform's training and inference services. Users can utilize NMT to pay for the computing power required to train and run their AI models, ensuring a seamless and efficient experience.

In addition to serving as a payment method, NMT acts as an incentive mechanism for participants who contribute their idle GPUs to the network. These participants are rewarded with NMT tokens based on their contribution, encouraging more users to join the platform and share their computing resources. This, in turn, enhances the overall capacity and efficiency of the network.

Furthermore, NMT plays a crucial role in the staking and governance processes within the NetMind Power ecosystem. Users can stake their tokens to support the network's operations, participate in governance decisions, and earn additional rewards. This decentralized approach ensures that the platform remains secure, transparent, and aligned with the interests of its community.

NMT has a total supply of 147,571,163 tokens.

Is NetMind Token a Good Investment?

Whether NetMind Token (NMT) is a good investment depends on various factors, including your investment goals, risk tolerance, and market conditions. NMT supports a decentralized computing platform designed to democratize access to AI and machine learning resources. This innovative approach addresses significant challenges in the AI industry, potentially offering substantial growth opportunities as demand for high-performance computing continues to rise.

However, like all cryptocurrencies, NMT carries inherent risks such as market volatility, regulatory changes, and technological challenges. It's essential for potential investors to conduct thorough research, consider their risk appetite, and possibly consult with a financial advisor before making any investment decisions. The future success of NMT will largely depend on the adoption and performance of the NetMind Power platform.

How to Buy NetMind Token (NMT)

Consider investing in NetMind Token (NMT)? It only takes 2 minutes to create an account on Bitget and start trading NMT.




Show more
Current price:
All-time high:$16.06
All-time low:$1.18

NMT supply and tokenomics

Circulating supply:33,450,208 NMT
Total supply:144,080,375.2 NMT
Max supply:147,571,163 NMT
Market cap:$93.62M
Fully diluted market cap:$413.01M

Links

Buy NetMind Token for $1Buy NMT now

What is the development prospect and future value of NMT?

The market value of NMT currently stands at $93.62M, and its market ranking is #444. The value of NMT is not widely recognized by the market. When the bull market comes, the market value of NMT may have great growth potential.

As a new type of currency with innovative technology and unique use cases, NMT has broad market potential and significant room for development. The distinctiveness and appeal of NMT may attract the interest of specific groups, thereby driving up its market value.

What will the price of NMT be in 2025?
Based on NMT's historical price performance prediction model, the price of NMT is projected to reach $3.72 in 2025.
What will the price of NMT be in 2030?
In 2030, the NMT price is expected to change by -16.00%. By the end of 2030, the NMT price is projected to reach $5.85, with a cumulative ROI of +93.00%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of NMT and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is NMT worth investing or holding? How to buy NMT from a crypto exchange?

If you want to buy NMT, the following information may be helpful for your investment decisions:
In the last 7 days, the price of NMT has fallen by -19.81%, leading to negative returns for most NMT investors. The market is currently pessimistic about the price trend of NMT.
It is important to note that the current price of NMT has retreated by -82.57% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether NMT is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in NMT or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of NMT, if you want to buy or sell NMT, you can consider Bitget for your trading needs. The best place to buy NMT is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in NetMind Token has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy NetMind Token. Here's a step-by-step guide on how to buy NetMind Token on Bitget.

How to get NetMind Token through other methods?

Using cash to buy NetMind Token is not the only way to obtain NetMind Token. If you have the time to spare, you can get NetMind Token for free.
Learn how to earn NetMind Token for free through the Learn2Earn promotion.
Earn free NetMind Token by inviting friends to join Bitget's Assist2Earn promotion.
Receive free NetMind Token airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to NetMind Token through Bitget Convert, Bitget Swap, or spot trading.

What is NetMind Token used for and how to use NetMind Token?

The use case of NetMind Token may expand as the crypto market and the project itself develop. Currently, you can use NMT to achieve the following goals:
Arbitrage by trading NMT: Since NMT is a frequently traded cryptocurrency, the price of NMT is always fluctuating. Earn more NMT by buying low and selling high on the exchange. Bitget spot market provides a variety of NMT trading pairs to fully meet your needs.
Earn by staking NMT: You can also generate income through financial management methods such as staking NMT or lending NMT. Bitget Earn offers a variety of financial products designed to help you earn more income from your NMT.
Send or pay NMT: If you want to give NMT to your friends, a charity, or a fundraiser, or you want to pay someone with NMT, you can quickly and easily send NMT to the recipient through their payment address.
You can also go to the official website of the NetMind Token project to learn more about the use cases of NMT. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Learn about other cryptos

New listings on Bitget

New listings

Recently added coin prices

More
A selection of recently added coins

Trending coin prices

More
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours

Where can I buy NetMind Token (NMT)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
Download Bitget APP on Google PlayDownload Bitget APP on AppStore
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.