In the same way that Sam Altman's Sora announcement added billions to the market cap of crypto AI, Nvidia's breakthroughs will add billions to crypto GPU plays. GPUs are the energy generator for this generation of computation, and the companies behind their production, distribution and utility stand to make their investors a lot of money.
Web2 has a general lock on the production and distribution of the physical GPU item. Web3 is all about making use of those GPUs in unique ways. There are tons of choices, so we're focusing on the ones that we think will outperform based on project specs and market cap at the time of this writing. Let's be honest, we're all here for the 100X.
RosnetAI ($ROSNET)
Currently at ≈ $2M mcap, this Arbitrum based project says it offers "access to the fastest GPU-powered servers, reducing barriers for AI software developers." The Rosnet plan is first party AI development and integration of a robust GPU network for third party projects. They are leading with a modeling generator, a first party creation that is live right now.
What really gets me excited about this project is that they know how to market themselves for those Xs. As they build usable products, they are also partnering with CEXes to increase token visibility. Xeggex is a good start, especially for a project with such a low MC. There is also talk of a $TAO subnet, which would raise the narrative around this stock considerably if it happens.
IO.net
Described as decentralized AWS for ML training on GPUs, IO.net is one of the most anticipated projects of this bull market. They have the scale and the connections to aggregate GPUs from other blue chip projects including Filecoin and Render. You can rent out your unused bandwidth on their network and get paid out in partner tokens right now.
The coin for IO.net is not live yet, but they are running a Galxe campaign and AI art generation with a program called BC8.AI. With tons of other major projects disseminating their token through airdrops for early users, it makes sense to think that IO.net would do the same. Keep your ears open for private sale opportunities — that's the 100X opportunity a la $PORTAL. Projects this large need whales no matter how many individuals are using their proof of concept tech.
GPU.net ($GPU)
For the love of god: This is not the $GPU shilled by the scammer Alex Becker that scam pumped from $1M to $20M on his word alone. That project is like the attempted frontrun ghetto version of IO.net which does not have the resources or the reach, IMHO, to reliably do numbers past what it already has. It may scam pump more from Alex Becker's scammy scam pump mouth, but that's not reason enough for me to chance an investment (especially not at ≈ $20M mcap).
No, GPU.net is the real $GPU with Mainnet coming in Q1 and token in Q2. Right now you can rent GPUs on their website and become a provider. Their goal is to secure 20% of the global GPU supply by 2030, estimated at 5 million units, to compete with Meta and Microsoft. The team is quality, but they will need the whales to compete at the scale they're talking about. As with IO.net, keep your eyes open for private sale opportunities.
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