Nosana
Crypto Overview
Project Overview
Nosana is a decentralized computing network built on the Solana blockchain, aiming to provide cloud computing and automation services. The project focuses on offering continuous integration and continuous deployment (CI/CD) solutions for blockchain and web3 projects.
Intended Utility
The NOS token serves multiple purposes within the ecosystem: It acts as a payment method for computing services, provides governance rights to token holders, and enables staking to secure the network. Node operators must stake NOS tokens to participate in the network and receive rewards for providing computing resources.
Actual Usage and Development
The project maintains active development on GitHub, with regular commits and updates to their infrastructure. The network is operational and currently being used by several projects for CI/CD pipelines, though adoption remains relatively limited compared to traditional cloud computing solutions.
Token Distribution and Governance
The total supply of NOS tokens is 100 million, with the following distribution: 15% to the team (vested over 2 years), 25% for ecosystem development, 30% for community rewards, and 30% for public sale participants. The vesting schedule appears reasonable and designed to align long-term incentives.
Revenue Model
The project generates revenue through fees paid by users for computing services. These fees are distributed between node operators and the protocol treasury. The model does not involve interest-bearing mechanisms or lending services.
Crypto Impact
To assign a comfort level investing in Nosana from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Nosana.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.