{"data":{"id":30140,"name":"Nesa","symbol":"NES","slug":"nesa","category":"token","description":"## What Is Nesa (NES)?\n\nNesa is the largest decentralized AI platform and ecosystem backed by a privacy-first AI Layer 1. Its proprietary encrypted inference technology supports a broad range of workloads and serves Fortune 500 enterprise customers in industries like retail, healthcare, and IT. Further, Nesa fosters a rapidly growing set of exclusive, on-chain Decentralized AI applications (DAIs) and enables end-users to participate in their support.\n\nNES is the native utility token that is used for:\n\n* Fees for processing transactions, storing data, and inference requests.\n* Running validator and miner nodes on the network via staking NES tokens.\n* Used for governance votes to adjust protocol parameters agreed on collectively.\n\nNesa tools include:\n\n* Nesa's AI SDK which simplifies submission of inference requests via the protocol.\n* Nesa Explorers in both Cosmos and EVM flavors that help to bring visibility into network runtime and performance.\n* Nesa Miner Software and Command Line Tools to allow community developers to participate in running the ecosystem.\n\n## How Many NES Coins Are There In Circulation?\n\nNesa launched its mainnet on May 9, 2026 with 1 billion NES tokens created at genesis. The network supports a constant annual inflation rate of 8%, decreasing by 8% each year until reaching a minimum rate of 1.8%.","dateAdded":"2024-03-27T07:03:10.000Z","actualTimeStart":"2026-06-24T12:00:00.000Z","status":"active","isBn":1,"subStatus":"normal","notice":"Nesa (NES) has undergone a contract swap from the old contracts on [ETH](https://etherscan.io/token/0x863F08A3d3B14fbD3D42fFD061D0e290F7dBC538) and [BSC](https://bscscan.com/token/0x3131f6B80C26936aB03F7d9D29Eb4Ddf36AC3FB5) to the new contracts on [ETH](https://etherscan.io/token/0x863F08A3d3B14fbD3D42fFD061D0e290F7dBC538) and [BSC](https://bscscan.com/token/0x097acf27503753e77bCA940277806156C5925B81). 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