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Nosana

NOS#708 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Nosana is for renting out computing power. We have not written its record yet, so its promises are not checked. It trades at $0.2762, #700 of all coins by size, 96% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. +221% to match its rivals. Nothing to be careful of on the record.

Is it real?

3 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
2 yearson the marketsince 23 October 2023
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3 of 4

  • A real-world jobReal-world purpose: renting out computing power
  • Real backingBacking: trades on Crypto.com, Kraken
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growRoom: worth $27.62M, 26 times smaller than Render, the biggest coin within reach doing the same thing (Cloud compute)

Listed on 2 big exchanges

  • Origin23 October 2023about about 2 yearsnosana.io, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorListed on Crypto.com, Kraken
  • Standing on the recordNo recordNo dated promise to judge yet1 headline last monthNo corrections needed so far
The gap, and what to do

To be worth what the typical coin in Cloud compute is worth ($88.56M), its price would need to rise 221%, to about $0.8856. To match the leader, Render, 2462%.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • No named investor among its tags
  • Only 1 headline named it last month
  • Years younger than the group's leader

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

+221%to be worth what its typical rival is worthand +2462% to match Render
$27.62Mworth todayprice × coins out
$88.56Mthe typical rival is worthCloud compute
$707.7Mthe leader is worthRender
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Renting out computing power

8 coins tagged Cloud compute, worth $1.17B together. #6 of 8 by worth.

Cloud compute: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Nosana$27.62Mthis coin−2.4%100% outno record
  • Render$707.7M25.6× bigger, +$680.08M−1.3%, gap +1.181% outnone dated
  • Akash Network$157.25M5.7× bigger, +$129.63M−1.2%, gap +1.277% out10 of 20 delivered
  • Golem$116.28M4.2× bigger, +$88.66M−3.7%, gap −1.3no max0 of 4 delivered
  • Aethir$88.56M3.2× bigger, +$60.94M−3.2%, gap −0.848% outno record
  • io.net$51.67M1.9× bigger, +$24.05M+1.2%, gap +3.550% outno record
  • iExec RLC$23.88M1.2× smaller, −$3.73M−1.2%, gap +1.1100% outno record
  • Fluence$1.54M18.0× smaller, −$26.08M−2.5%, gap −0.234% outno record
Same job, different how

Cloud compute: this coin next to Render, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Nosana says
The Nosana Network will be the leading provider of decentralized CPU-based Dev(Ops) solutions, revolutionizing the development process of Metaverse projects.
Render says
Render describes itself as a network that connects people who have spare computer graphics-card power with people who need it to render 3D graphics and other digital content.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

The Nosana Network will be the leading provider of decentralized CPU-based Dev(Ops) solutions, revolutionizing the development process of Metaverse projects. Our crowd-computing platform will help open source projects to build software faster, more cost-effective and secure.

Problem it says it solves: renting out computing power. 8 coins are working on it and together they are worth $1,174,490,128. This coin is 2% of that.

Where it trades: Crypto.com, Kraken, MEXC, Raydium, Gate

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Cloud compute: this coin next to the group's largest, Render.

NosanaRender
Years trading3 years6 years
Major exchanges29
Named backers01
Headlines, last month111
Promises deliveredno recordno record

What it says is different: The Nosana Network will be the leading provider of decentralized CPU-based Dev(Ops) solutions, revolutionizing the development process of Metaverse projects. Our crowd-computing platform will help open source projects…

It is 3.9% the size of Render. On the facts above it is behind on years trading, major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.2762price of one−2.4% today
96%below its highest ever$8 on 6 March 2024
100%of the supply is out100M coins
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The last 7 days

7 days ago: $0.281now: $0.2762 (−2.0%)

Where today sits against its highest ever price

$0.2762

Highest ever: $7.83 on 6 March 2024. Today is 4% of that.

100%

of all NOS that will ever exist is already out in public hands: 100M coins.

0% (281 coins) is already created but not in public hands, held by the project or locked in escrow. That is a small share. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Its pages do not say what holding it gets you

That is worth knowing before buying. A coin nobody needs is priced on hope.

  • Nothing the project's own pages spell out.
$0.2762price of one
×
100Mcoins out
=
$27.62Mworth today, #700 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 100%of the maximum supply is in circulation: 100M of 100M.
  • 281coins still to be released, 0% of the maximum. Releases can add selling pressure.
  • 4%of its all-time high of $7.83 on 6 March 2024. That is −96.5% from the top.
  • #700by market cap, $27,619,063.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

1headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

1 headline named this coin in the last month.

What they were about

    In the news

    Headlines are the publishers' own. News is never placed next to price.

    The record itself

    Qualifies for a record and its pages are captured daily, but the record has not been written yet.

    Pages saveddailycaptured every night
    Promisesnone yetno record drafted
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    Six facts, the project's own replies, its peers, contract facts, references and every stored copy