DeepNode

DN Price

About DeepNode (DN)

DeepNode is a decentralized infrastructure layer designed to facilitate a transparent and verifiable market for open artificial intelligence contributions.

• The platform utilizes a mechanism known as Proof of Weight Ranking (POWR) to ensure fair distribution of rewards based on the quality of AI contributions.
• Users can participate in multiple reward streams, including model creation, mining, validating, and bonding, to earn DN tokens.
• The network employs dynamic trust weights and smart caching to maintain high performance and sustainability across its distributed node architecture.

What Is DeepNode

DeepNode is a market for machine intelligence where intelligence is priced through peer-to-peer (P2P) interactions among independent systems. In this ecosystem, nodes evaluate and rank one another by training neural networks to assess the information-theoretic value provided by their neighbors. These evaluations are recorded on a digital ledger, establishing a merit-based hierarchy where contributors with higher rankings receive greater influence and rewards.

Value moves through the system as nodes exchange data representations and compete to minimize a collective loss function. The DN token is put to work as a representation of network weight; nodes with higher rankings are rewarded with additional stake, which increases their weight in future ranking cycles. This structure is designed to scale by allowing diverse intelligence systems—from large models to niche legacy systems—to monetize their distinct contributions within a granular reward environment.

What Makes DeepNode Unique

• Collusion Resistance: DeepNode introduces an incentive function that rewards honestly selected weights, making the system resistant to collusion even if up to 50% of the network weight is affected.
• Speculative Bonding: The network features a 'bonds' mechanism that allows nodes to speculate on the future performance of other nodes, redistributing incentives to those who accurately identify high-performing contributors.
• Model Distillation: To ensure production readiness, DeepNode uses a distillation layer that allows smaller 'student' models to replicate the behavior of the broader network, enabling models to function offline or in private environments.
• Multi-Modality Architecture: The network is designed to transition from single-modality inputs like text to a multi-modality environment including image, speech, and tensor data using unified encoding.

What Can You Use DeepNode for?

• Staking and Validation: DN holders can stake their tokens to participate in the validation process, helping to secure the network and earn protocol service fees.
• Speculative Bonding: Users can use DN to acquire bonds in specific nodes, effectively betting on those nodes' future ranking and importance within the intelligence market.
• Incentivized Model Creation: Researchers and data scientists can contribute AI models to the network to earn rewards based on the value their models provide to other nodes.
• Network Mining: Participants can operate nodes to provide computational resources and data processing, receiving DN as compensation for their contribution to the intelligence economy.

How Does DeepNode Work?

DeepNode operates as a peer-to-peer network of abstract intelligence models that continuously exchange sample batches and gradients. When a node broadcasts data, its neighbors provide responses that are combined using a gating function and used as input for local training. This process generates loss-gradients that are back-propagated through the network, allowing nodes to learn the weights of their neighbors based on their contribution to minimizing the total error.

The system uses a sigmoid function as a consensus mechanism to reward well-connected nodes while penalizing those that are not trusted by the majority. This ensures that inflation is directed toward nodes that have achieved consensus, defined as receiving non-zero connections from more than 50% of the total network stake. To manage bandwidth as the network scales, DeepNode implements conditional computation, which allows nodes to query only a sparse subset of their neighbors for each task.

Team Info and Investors

DeepNode was conceptualized by a team of researchers including J. Ruff and M. Agawa, with the technical foundations detailed in early 2024. The project emphasizes a community-backed approach, focusing on open-source code and decentralized ownership for its creators. The project is accessible through multiple networks including Ethereum and the Base Ecosystem. While the source material highlights the involvement of over 1,500 builders at launch, specific details regarding institutional venture capital investors or a formalized governance structure have not been publicly disclosed in available documentation.

Where can you buy DeepNode?

DN tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade DeepNode is Gate, where the most active trading pair DN/USDT has a trading volume of $2,694,945.12 in the last 24 hours. Other popular options include Pancakeswap Infinity CLMM (BSC) and Ourbit.

What is the daily trading volume of DeepNode (DN)?

The trading volume of DeepNode (DN) is $6,440,201.31 in the last 24 hours, representing a 9.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for DeepNode (DN)?

DeepNode (DN) reached an all-time high of $1.79 and an all-time low of $0.08294. It’s now trading -79.70% below that peak and 338.60% above its lowest price.

What is the market cap of DeepNode (DN)?

Market capitalization of DeepNode (DN) is $8,186,896 and is ranked #1249 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of DN tokens (23 Million tokens are tradable on the market today).

What is the fully diluted valuation of DeepNode (DN)?

The fully diluted valuation (FDV) of DeepNode (DN) is $36,386,206. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million DN tokens are in circulation today. Depending on how the emission schedule of DN tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of DeepNode compare against its peers?

With a price decline of -38.90% in the last 7 days, DeepNode (DN) is underperforming the global cryptocurrency market which is down -5.50%, while underperforming when compared to similar BNB Chain Ecosystem cryptocurrencies which are up 0.00%.

How to add DeepNode (DN) to MetaMask?

Adding DeepNode (DN) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import DN as a token. You can copy DN’s contract address (0x9b6a1d4fa5d90e5f2d34130053978d14cd301d58) and import it manually, or if you've installed MetaMask's chrome extension, add DN to MetaMask with one click on CoinGecko.

Add DN to MetaMask.