Nunet (NTX)

What Is Nunet?

NuNet is a global economy of decentralized computing, letting anyone share their computing power for beneficial causes or in exchange for cryptocurrency tokens, giving users access to a powerful global network of resources tied together by the blockchain. NuNet, part of the SingularityNET ecosystem, has recently completed the initial research and development iteration with the release of NuNet platform Private Alpha.

Nunet Unique Features

The Token has the non-financial purpose of helping the global economy of decentralized computing and its internal tokenomics function and sustain themselves. The NTX Token provides access to the computing resources and services on the NuNet platform.

Roadmap

NuNet Development Roadmap 2020-2024

The roadmap on the left includes description of historical milestones and projections. It is presented in terms of three timelines:

Left: market milestones

Middle: major development milestones

Right: minor development milestones;

Development milestones

Proof of concept

The NuNet Platform Demo Application showcases a simple business logic where two SingularityNET containers are connected into a single workflow. It also introduced the NuNet Network Status page which is intended to show all machines connected to the NuNet network and telemetry of each process executed on the platform.

Minimal Viable Product

First working prototype of Fake News Warning browser extension calling the back-end running SingularityNET services.

The MVP of fake-news-detection app on NuNet platform

Development update and outlook 2021–1

Private Alpha

Alpha includes all fundamental building blocks of NuNet platform: automatic AI service deployment on private and public machines, dynamic workflow construction, internal tokenomics, process tracking, new device onboarding procedure and scripts (for Linux boxes), point-to-point communication between all on-boarded machines and tooling for developers and contributors.

We are distinguishing Private and Public Alphas because we are releasing the Private Alpha before the token launch and Public Alpha a while after. Therefore, while both include all basic building blocks, Private uses private blockchain and demo tokens, while Public uses fully functional and fungible tokens on public blockchain. In a few months after the NTX token launch, NuNet will augment Private Alpha with payment gateways and launch the community developer program for eventually reaching Public Alpha.

NTX payment gateway

In Private Alpha, NTX tokenomics is enabled only on privately run blockchain for testing purposes. NTX payment gateway will allow consumers and developers to compensate for computing resources directly with NuNet tokens minted on the mainnet.

AGIX <–> NTX gateway

Direct and automatic conversion from AGIX to NTX (and possibly vice versa) in order for SingularityNET’s AI Services to be able to pay for their own compute resources in autonomous manner.

Community developer program launch

A crucial aspect of NuNet development after launch is healthy and vibrant community of developers (building applications and contributing to the platform development), test providers (operating the test network of compute resources) and test users. Private Alpha includes developer tooling and access to platform-level debugging information. Public Alpha will encompass full-fledged developer program for bootstrapping sustainable developer community within SingularityNET ecosystem.

Public Alpha

Public Alpha will encompass all fundamental blocks that are built in Private Alpha, plus NTX payment gateway, AGIX <–> NTX gateway and community developer program. After release, public Alpha will develop towards Beta via quarterly updates, as described below. Note, that precise deliverables and their timing may considerably change due to development uncertainty and future decisions.

Alpha-Q1

• Porting NuNet smart contracts from Solidity to Plutus for full integration with Cardano ecosystem together with SingularityNET’s platform.
• Additional hardware devices: support for Single Board Devices (i.e. Raspberry Pi) and GPU clusters.
• Basic data provisioning framework integration (e.g. on the basis of Ocean protocol).
• Data persistance, sharing and at least one direct data storage framework integration (e.g. IPFS).
• SingularityNET marketplace integration (allowing AI developers to choose deploying their services via NuNet platform).

Alpha-Q2

• Security system fundamentals and security bounty program.
• Hardware devices: IoT devices specifically required by community developers and projects.
• 3-5 community application development incubation programs structured and started.
• Direct API based transactions and token gateways between NuNet, SingularityNET and data provisioning framework (Ocean protocol);

Alpha-Q3

• Generic third party data and compute provider gateway, allowing to partner with and easily integrate any decentralized storage and computing framework;
• Topology API and compute-to-data framework: portability of NuNet-deployed computational workflows (first of all SingualityNET AI Services) topologically and geographically close to devices where data is stored (for security, privacy and network efficiency, utilizing integration with data provisioning and storage frameworks implemented in Alpha-Q1 and Alpha-Q2);

Alpha-Q4

• Standalone NuNet dashboard for NuNet consumers and device providers, including wallet and hardware fleet management capabilities.
• Useful-work based NuNet token minting on all integrated blockchains (Ethereum and Cardano).
• Production level security:
• End-to-end encryption of calls on the platform.
• Computing process isolation.

Beta

Most importantly, Beta features the full NuNet internal tokenomics (payment channels and useful-work based NTX mining), tested during private Alpha development period and enabled across Ethereum and Cardano mainnets. Platform Beta is geared for executing scalable and high bandwidth workflows in near-production mode for development and deployment of user-facing applications.

Beta-Q1

• Gateways to external wallets (e.g. Brave browser wallet), implementation of different compute pricing models (e.g. spot, subscription, after-fact pricing, etc.)
• Implementation and exposure of the API for training machine learning models by SingularityNET provisioned AI services deployed on NuNet infrastructure and updating datasets hosted on integrated data provisioning frameworks (e.g. Ocean Marketplace), enabling collaborative machine-to-machine editing of datasets.

Beta-Q2

• Additional hardware device support: mobile phones
• Negotiations API for peer-to-peer interactions between AI Services, computing nodes and enabled computing engines.
• At least 1-2 working applications deployed on NuNet platform (including graduated from community developer incubation program) and NTX <-> AGIX gateway.

Beta-Q3

• Additional hardware device support: wearables.
• Reputation API and the native NuNet reputation system.
• Intelligent computing workflows orchestration via AI-DSL leveraging Negotiations API and Reputation API.
• Traceability, provenence and privacy API allowing to process public and private datasets using open or IP-restricted AI workflows;
• Additional 1-2 applications deployed (including graduated from community developer incubation program).

Beta-Q4

• Cross-chain NTX support.
• Integration of data stream processing framework.
• 1-2 additional applications utilizing NuNet platform (including graduated from community developer incubation program) and NTX <-> AGIX gateway.

post-Beta release

Production ready NuNet platform supporting deployment, execution and scaling of SingularityNET AI Services, data provision frameworks and complex computational workflows. Maintenance and continuous evolution of the platform by onboarding new device types, enabling operating systems and growing the network of decentralized hardware providers towards full functionality described in the platform whitepaper.

Market milestones

NTX on testnet

Private testnet (Ethereum blockchain) with fully functional Solidity smart contracts for testing and debugging NuNet tokenomic system. After NuNet token launch on the mainnet, private testnet will continue to operate along the public version for testing and debugging new features. NuNet will run a private testnet for each enabled blockchain.

NTX launch

NuNet will launch its NTX native token simultaneously on two blockchains — Ethereum mainnet and Cardano. NTX-on-ETH token utility will be deployed with the release of the public Alpha, while NTX-on-Cardano utility is planned to be deployed in Q1 2022.

SDAO multi-token bridge

Multi-token bridge will allow to directly exchange NTX-on-ETH tokens with tokens of Ethereum sidechains and other blockchains (e.g. Polygon, Binance Chain, etc.). Multi-token bridge will be enabled via the partnership with SingularityDAO, building AI powered DeFi portfolios.

Token utility deployed

Compute consumers can compensate for compute power via NTX gateway and AGIX <-> NTX gateway.

Full Cardano integration

This is the first step towards true cross-chain

1:1 conversion of NTX-ETH <-> NTX-ADA

Implementation of the tokenomic system on Plutus and making Solidity and Plutus contracts to work within the same system

NTX mining

As a part of platform Beta release, NuNet will launch usage-based NTX mining functionality, which will enable a blockchain-like value dynamics of the network, rewarding hardware providers for precise amount of verified compute expended via NuNet. From this point onwards, NuNet will have a fully operational internal tokenomics which will allow:

Transferring NTX tokens directly to compute providers or via AGIX gateway on behalf of SingularityNET AI Services (already available as a part of public Alpha starting with Jan 2022);

Mining new NTX tokens and rewarding compute providers on the basis of the amount of verified useful compute work on the platform;

Optional ability to stake NTX for guaranteeing the computational power commitments of compute providers;

Optional NTX lending market for covering staking needs

NuNet internal tokenomic mechanism and incentives listed above will be thoroughly tested in community testnet during period between public Alpha launch and Beta launch (i.e. year 2022).

NTX cross-chain utility

As a part of post-Beta release, NuNet will enable NTX token utility mining on other blockchains besides Ethereum and Cardano. This will make NTX token truly cross-chain and pave a way to integrate on tokenomics level with most third party distributed computing and storage frameworks available on the network

Nunet Token Economy

Enabling token exchanges and micro-payments between stakeholders, individual processes and hardware devices

NuNet tokenomics provides an economic layer on top of the technical implementation of the platform. This layer is necessary for sustainable development and operation of the decentralized ecosystem.

Via NuNet tokenomics, compute providers will compete to provide cost-efficient and reliable computing to execute computational processes that the AI services request. AI service providers will compete to provide efficient and precise algorithms and AI engines. Data providers will compete to supply the best quality and most reliable data to the AI algorithms.

Detailed Token Metrics

Updating…

Token Distribution

Token Release Schedule

• KYC process for community supporters

Start: October 28, 13:00 UTC

Finish: November 12, 13:00 UTC

Passing the full KYC process is required for the community supporters round.

Community members are encouraged to get acquainted with the detailed instructions of the KYC process, which will be posted before KYC goes live.

• First snapshot for tier allocations

November 2, 13:00 UTC (approximately)

Establishes the amount of AGIX and SDAO tokens held by community members in their wallets to qualify them for tiers of the token distribution; see above.

• Second snapshot for tier allocations

November 12, 16:00 UTC (approximately);

Establishes the amount of AGIX and SDAO tokens held by community members in their wallets to qualify them for tiers of the token distribution; see above.

• Whitelisting for tier allocations

After the second snapshot, the launch team will run an internal whitelisting process to determine eligibility and tier allocations as explained in the Token holding requirement and tier allocations section above. The process will be done internally Nov 14, and no action is needed from community participants.

Wallets qualify for participation as follows:

Only the wallet addresses registered as part of a successful KYC process will be allowed; this must be the same as the wallet address that controls the most AGIX or SDAO tokens.

The tier allocations will be based on the lowest balance across the two snapshots. For example, if you have 11,000 AGIX at the time of the first snapshot, and 9,023 AGIX at the time of the second snapshot, you have not met the requirement of holding a minimum of 10,000 AGIX for both snapshots, and are not eligible for the tier holding over 10,000 AGIX, only for the lower tier holding 2,500 AGIX or over.

You must specify during the KYC process whether you will participate using WETH or USDT; you will only be able to use the token you specified.

• Contribution period

The contributions will be accepted on the SingularityDAO launchpad (launchpad.singularitydao.ai) and will be served on a first-come-first-served basis. The contribution period will be open from Nov 17, 2021, 13:00 UTC to Nov 21, 2021, 13:00 UTC, but we expect a high demand therefore all pools may be filled in a matter of hours, so we encourage you to be as prompt as possible.

• NTX Utility token distribution event

Community supporters will be able to claim their NTX tokens from the SingularityDAO launchpad from Nov 26 13:00 UTC

Partners & Advisors

Team Members

 Investors

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