Inventory of 6 Encryption Projects Joining NVIDIA Inception Program

Original author: Jiang Haibo, PANews

NVIDIA's; GPU; and; AI; chips dominate the training of; AI; models. After releasing its financial report for the first quarter of this year, Nvidia became the first chip company with a market capitalization of over $1 trillion, and the seventh company to unlock $1 trillion after Meta, Amazon, Microsoft, Alphabet, Apple and Tesla. A company that achieves by dollar market capitalization.

What projects in the encryption market are associated with Nvidia? NVIDIA has a business incubation program - NVIDIA Inception, which aims to support and accelerate start-ups in the field of artificial intelligence and data science, providing start-up companies with resources including technical guidance, deep learning training, hardware and software support, marketing and business network and support. Below; PANews; will take stock of the encrypted native projects that will be added to the "NVIDIA Inception" plan.

Flux

Flux; is a blockchain network whose consensus is adapted from the "Proof of Work" mechanism, and plans to launch the "Proof of Useful Workload" (PoUW) mechanism in the third quarter of this year.

Miners in Flux; use GPU; hardware to secure the network, and in return, miners also earn block rewards. At the same time, miners are able to use their "GPU" mining machines for computing-intensive tasks, such as artificial intelligence, deep virtual detection, rendering, etc., to generate additional income. Miners can automatically switch between mining and on-demand; PoUW; tasks, optimizing profitability.

Flux;joined in;2022;year;January;NVIDIA Inception;plan, Flux;is also used in its own computing network;NVIDIA Jetson;Edge artificial intelligence platform modules run as nodes in the;Flux;network.

As of June 16, Flux's native token, FLUX, has a market capitalization of $120 million.

i

i; Developed a decentralized computing resource market where users can buy and sell computing resources, turning cloud computing capabilities into commodities. Users can obtain on-demand; GPU; computing resources from multiple providers through the; i; cloud marketplace, which is especially important in fields with high computing requirements such as artificial intelligence and deep learning.

The project joins the NVIDIA Inception program in October 2022, hoping to gain expertise and experience in GPU computing.

i; There are tokens issued; RLC, the current total market value; 104; million US dollars.

Shapeyard

Shapeyard; builds a set of interactive content creation tools for Metaverse to create 3D digital assets, and introduces digital assets into the Web3 economic system, allowing users to exchange and integrate the 3D digital assets they create between virtual spaces . The development company behind it; Magic Unicorn; is a New York-based venture capital studio that also develops software in the fields of computer graphics, mobile artificial intelligence, and augmented reality.

Shapeyard; develops a mobile app that includes a variety of 3D models, texturing tools, and a 3D marketplace model. Using a "what you see is what you get" approach, it is able to generate digital assets through simple placement and color filling, and the application also allows designers to import the created models into 3D printing software.

Shapeyard; in; 2022; year; October; joined the; NVIDIA Inception; plan, hoping to integrate its own products into the; NVDIA Omniverse; platform to build 3D digital assets and export scenes with a common scene description file framework.

Currently; Shapeyard;'s; NFT; minting and trading features are under development.

dotmoovs

dotmoovs; is a;Move to Earn; project to create a world where athletes, coaches and fans can compete together. dotmoovs;'s; AI; system will detect the user's body, evaluate body movements one by one, and score them. In addition, dotmoovs; also provides; AI; driven coaching to help users improve problems in sports.

dotmoovs;in this year;6;joined;NVIDIA Inception;plan, hopes to shape the future of sports through cutting-edge;AI;solutions.

dotmoovs; issued tokens; MOOV, the current total market value; 481; million US dollars.

Don't drive

Kondux; builds a feature-rich platform that combines blockchain technology with 3D assets, enabling users to view, create and deploy digital assets. Users can customize and view 3D kNFT through the 3D viewport, buy, sell and trade in the "NFT" market, view their own assets in the form of "AR" objects through the "XR" viewer, and upload themselves with the "NFT" minter digital assets and create; NFT; or; kNFT, and view the NFT in a 3D NFT; gallery environment by connecting the wallet.

Kondux; Joining in; 2022; Year; September; assets, manufacturing models, and machine learning applications.

Kondux; issued with; NFT; and; ERC-20; tokens; KNDX, currently; KNDX; total market capitalization; $1.94; million.

Ubex

Ubex; is a platform that uses blockchain and artificial intelligence technology to improve the digital advertising industry, aiming to provide more efficient, transparent and accurate advertising solutions. It connects publishers and advertisers through a decentralized advertising ecosystem, and ensures the verifiability and security of advertising transactions through smart contracts.

Ubex;in;2018;year;June;joined;NVIDIA Inception;plan, hoping to leverage;NVIDIA;vast knowledge in data science to enhance learning techniques for neural networks.

Ubex issued tokens; UBEX, but the current total market value is only 154,000 US dollars.

Summary

Among the above projects, the development of "GPU" computing power trading "Flux" and "i" is relatively good. With the development of "AI", there may be demand for decentralized "GPU" computing power market. However, there are not many joint points between metaverse, NFT; projects and "GPU", and the value has obviously returned in the current bear market environment.

It should be pointed out that the number of projects joining the "NVIDIA Inception" plan is large, and there may be omissions. It does not mean that these projects have in-depth cooperation with NVIDIA. Investors need to carefully judge the risks by themselves.