Odaily News According to official news, the current total computing power resources of the Gonka network are equivalent to the computing power of 500 H100 GPUs. Unlike traditional centralized Private Clouds, this computing power is contributed by global participants in a distributed manner, forming an open and shared computing network, which avoids the monopoly and control of a single institution, providing new possibilities for the popularization and innovation of high-performance computing. According to previous reports, the Gonka Mainnet has officially launched, and current AI inference services are completely free. Computing power contributors can earn GNK Token rewards daily based on their computing power share. A total of 323,000 GNK are minted each period, and this number decreases over time, forming a scarcity curve that ensures the predictability of incentives. It is reported that Gonka is incubated by American AI developer Product Science Inc. The company was founded by seasoned professionals from the Web 2 industry, including the former core product director of Snap Inc., the Libermans siblings, and successfully raised $18 million in 2023, with investors including OpenAI investor Coatue Management, Solana investor Slow Ventures, K 5, Insight and Benchmark partners, among others. The early contributors to the project include renowned leading companies in the Web 2-Web 3 field such as 6 blocks, Hard Yaka, Gcore, and Bitfury.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana DApp Revenue Drops to $22 Million, SOL Price Falls 11% in Three Days to $87
Solana ecosystem decentralized application revenue has dropped to an 18-month low, with SOL price recently declining 11% to $87, while long positions have been liquidated. Despite strong performance in DEX trading volume, it faces intense competition in the perpetual futures market.
GateNews1h ago
Solana on-chain revenue hits 18-month low, SOL may test $80 level
The Solana ecosystem has come under pressure recently, with SOL's price retreating from $97.70 to $87, representing a three-day decline of approximately 11%. Sentiment in the derivatives market is insufficient, with funding rates approaching historic lows, and on-chain DApp revenue has dropped to an 18-month low. Despite relatively solid performance on decentralized exchanges, new products and competition are putting pressure on capital flows. SOL is expected to remain range-bound and weak in the near term.
GateNews2h ago
Forward Industries Borrows $40 Million for Share Buyback, SOL Holdings Show Paper Loss Exceeding $1.1 Billion
Forward Industries announced the repurchase of over 6 million shares, reducing outstanding shares by approximately 7.4%. This repurchase was partially funded by a $40 million cryptocurrency loan, aimed at capitalizing on the current stock price trading below net asset value. The company faces over $1.1 billion in book losses while holding over 7 million SOL tokens, with a market value of approximately $614 million, indicating unusual financial circumstances. Management emphasized that the share repurchase strategy reflects confidence in the long-term value of SOL.
MarketWhisper2h ago
Solana's stablecoin supply reaches $17.9 billion, a record high, with USDC accounting for over 56%
Solana blockchain stablecoin supply reaches $17.9 billion all-time high, with USDC accounting for over 56%. Its stablecoin transfer volume surpasses Ethereum and Tron, demonstrating efficiency in payments and fund flows, highlighting its competitive advantage amid economic volatility.
GateNews2h ago
Solana price remains at $88, controversy over stablecoin yields heats up
Gate News report: On March 20, White House crypto advisors stated that friction between banks and crypto companies regarding stablecoin yields is unfounded, and expressed confidence in yield sharing. Meanwhile, Solana price maintained levels around 88 dollars. Additionally, crypto project Pepeto has recently garnered market attention.
GateNews3h ago
Solana Price Trend Shows Bearish Technical Pattern, Higher Time Frames Exhibit Weakness
Gate News Report: On March 20, Solana (SOL) price action displayed bearish technical formations on higher timeframes, with the market showing weakness. Technical charts indicate that SOL has formed bearish structures across multiple timeframes, with price action under pressure.
GateNews5h ago
