Nodexo
#27ComputeDecentralized GPU compute marketplace enabling permissionless GPU rental with verifiable distributed supercomputing.
Price
24h
7d Change
Market Cap
Emission
Miners
Validators
Competitor Mapping
Nodexo
Decentralized
Market Cap
$5.23M
TAM
$150.00B
Model
Token-incentivized
Team
Decentralized miners
AWS + CoreWeave
AMZN
Market Cap
$2.13T
TAM
$150.00B
Model
Revenue-driven
Team
Enterprise
Nodexo offers decentralized GPU compute at lower cost than AWS/CoreWeave. Unlike SN4 (Targon) which focuses on confidential compute, SN27 is a general-purpose GPU marketplace with DAO governance.
Implied Valuation
If Nodexo captures a share of AWS + CoreWeave's $150.00B TAM
Bear - 0.1% TAM
$150.00M
implied valuation
vs $5.23M current
Base - 1% TAM
$1.50B
implied valuation
vs $5.23M current
Bull - 5% TAM
$7.50B
implied valuation
vs $5.23M current
Scenarios illustrate potential scale relative to the traditional market. Actual outcomes depend on adoption, tokenomics, and competitive dynamics.
Thesis
First revenue-generating compute subnet on Bittensor with 100% of platform revenue going to token burns. DAO structure and doxxed leadership (Hansel Melo, Don Milligan) provide credibility. Roadmap to inference endpoints by Q4 2026 would expand TAM significantly.
Team
Founded by Hansel Melo (CEO), who conceived the Nodexo vision. Don Milligan is Co-founder & CTO, a seasoned cloud architect who joined as fractional CTO in late 2024 and became co-founder April 2025. Organizing as a DAO under the Neural Internet banner.
- Hansel Melo - Founder & CEO - Conceived Nodexo decentralized cloud vision
- Don Milligan - Co-founder & CTO - Seasoned cloud architect, joined late 2024, co-founder April 2025
Funding
In active VC funding phase (as of 2025-2026). No confirmed raise amount disclosed.
Traction
Claimed first revenue-generating subnet on Bittensor. 100% of platform revenue buys tokens for burning (deflationary). Nodexo beta live since Oct 2024 with GPU rentals. Live dashboard launched. Currently in VC funding phase.
Recent News
- 2026 - Inference endpoints planned for Q4 2026
- 2025-2026 - Active VC fundraising phase
- Oct 2024 - Nodexo platform went live in beta
- Apr 2025 - Don Milligan became co-founder & CTO
Risk
Crowded compute subnet space on Bittensor (competes with SN4, SN51, SN64). Currently in VC funding phase with no confirmed raise. Inference endpoint product still months away.