Recently we released a post about the best crypto portfolios of the week. Neurotoken (NTK) has become a hero of it. NTK showed some strong results and was added to 19 of this week’s top 20 crypto portfolios! Now let’s get into some more details about this cryptocurrency.
What is Neurotoken?
Neurotoken (NTK) is a cryptocurrency token that operates on the Ethereum platform. It has a current supply of 100 billion tokens with almost 79 billion in circulation and a market cap equal to 4,7 billion USD.
What is it used for?
Neurotoken (NTK) is a utility token of the Neuromation Platform used in all transactions related to distributed computing tasks on this platform. Also, it serves as a payment for providing computing capacity by miners, and rewarding data sets providers. Neuromation is creating a distributed platform to service all aspects of future synthetic data ecosystem. That platform will allow users to create dataset generators, generate massive datasets, train deep learning models. Users also are able to trade datasets and models in the platform marketplace.
Neurotoken price chart
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