Neuro NTK price is $0.00169629
Neuro NTK is currently priced at $ 0.00169629. Over the past day, the price has increased by +0.00%. Please take note that cryptocurrency prices can be very volatile and may change rapidly.
Neuro NTK is a digital token used within the Neuromation platform, a decentralized network designed to stimulate AI (Artificial Intelligence) development and training. Neuromation aims to combine all the components necessary for high-quality synthetic data in one place. The platform provides tools for the generation, deep learning and validation of synthetic data, making it handy for developers and businesses in the AI industry.
Neuro NTK was created by Neuromation, a company that specialises in generating synthetic data for AI models. The token is an integral part of the platform, enabling transactions and serving as a form of reward for participants providing various resources such as computing power or data.
Neuro NTK works as the main currency within the Neuromation platform. Developers and businesses can use NTK to purchase synthetic data sets, hire AI talent, or access other platform resources. On the other hand, participants who provide resources to the platform, such as data or computing power, are rewarded with NTK tokens.
Neuro NTK's uniqueness lies in its integration with the Neuromation platform, a pioneering space in AI-based synthetic data development. The NTK tokens facilitate a smooth, decentralized transaction process within the AI community, incentivizing data provision and encouraging a collaborative growth ecosystem. Hence, NTK plays a vital role in an innovative and emerging field.
The current circulating supply of Neuro NTK is 85.8M, while the maximum supply is capped at 100.0M. Keep in mind that supply figures can influence a cryptocurrency's price. More available tokens can lead to price depreciation if the demand is not maintained.
As Neuro NTK is an ERC20 token, it relies on the security measures of the Ethereum blockchain, one of the most secure and well-established blockchain networks in the world. Ethereum employs advanced encryption techniques and consensus mechanisms, ensuring the safety of its affiliated tokens, including Neuro NTK.
Neuro NTK can be purchased on the YoBit, HitBTC where it is currently listed. However, remember to invest responsibly and take necessary precautions with cryptocurrency transactions. This includes using reputable exchanges, secure wallets, and ruling out the risk of scams or fraudulent activities.
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