Network3, a revolutionary technology that has built AI Layer2 to help developers worldwide infer, train, and validate models quickly and efficiently, has added another feather to its cap.
Depinscan, an extensive DePIN intelligence platform powered by IoTex, has analyzed the daily revenue of Network3 miners to see that it has reached a new high by registering a payback period as short as only 71 days. The results pushed Network3 to the top ranking in the payback period and daily revenue.
The payback period is perhaps the most crucial parameter in evaluating the investment potential of a project. It determines the length of an investment in an entity or project to start paying for itself. In other words, the shorter the payback period, the shorter it takes for an investor to start earning their money.
The achievement of Network3 rests on its unique infrastructural network that, apart from having the support of more than 555K nodes, has served 2 Petabytes of network service across over 185 countries in the world, resulting in an output of 97K active sessions daily and more than $100K monthly revenue.
In the front end, it supports the evolution of AI, the technology imagined to be up for decisively shaping our future. It helps AI developers worldwide by assisting them in training and validating models in scale quickly, conveniently, and efficiently through AI model optimization and compression, federated learning, edge computing, and confidential computing.
The Network3 solution, therefore, has proved its mettle on both ends. While it has shown how to finetune the efficiency of decentralized nodes and distribute them globally, it has also exhibited how to offer a service that helps recalibrate the most efficient technology mankind has developed so far.
Its propositions have placed it in a unique spot where investors are also keen to invest in it. Network3 has secured $5.5 million in seed funding from top-tier institutions, including Borderless, EV3 Labs, IoTeX Eco Fund, Mask Network, Bing Venture, Waterdrip Capital, SNZ, and Candaq.
With a strong follower community, the traction of Network3 is poised to grow faster in the days to come. It has more than 252K followers on X. In the future, it will gain more momentum by proving its worth as a service that helps the ubiquitous AI to become more beneficial and efficient.
