The Hyperion Fund aims to provide its token holders with regular updates on its portfolio companies. Being the very first investment made by the Hyperion Fund, it has been exciting to watch the growth of the NOIA Network and the momentum they have been building. The team at NOIA have been extremely busy these past few months and we would like to update our community on some of their more notable developments.

In this Hyperion portfolio company update, we cover the following:

Partnerships

Advisors

Staking Program

Community Initiatives

Infrastructure growth

Development Updates

Interviews and Media

NOIA started as a Decentralized Distributed P2P Content Delivery Network (CDN) startup. They were able to secure funding from institutional investors and assembled a team of world-class engineers that successfully delivered a first of its kind Open Source technology — NOIA Cache.

It has attracted over 9000 community members and over 5000 nodes have been installed. It currently has a capacity of over 25TB in NOIA Cache nodes at any one moment and delivers content to a number of websites.

Following this, NOIA introduced the concept of Programmable Internet. NOIA combined Segment Routing protocol, Distributed Ledger Technology and built a proof of concept (PoC).

July 2019 saw the official release of NOIA token on KuCoin. The token allows infrastructure providers and buyers to trade their capacity of Internet Transit in a Decentralized Internet Transit Exchange (DITEX). NOIA’s token is used for services and applications built on the Programmable Internet backbone. It represents a unit of transport within the network.

NOIA’s strategy and business development efforts are now led by RampRate and their CEO, Tony Greenberg. Tony joined NOIA as a Special Advisor to their Board. He comes with more than 20 years of experience building companies, developing go-to-market strategies and driving partnerships within the internet and technology industry. He played a pivotal role in the growth of Exodus Internet Data Centers and Raindance and successfully assisted both of these companies with their IPOs. He is also already deeply involved with blockchain technology, including being one of the first investors in Block.One (the creator of EOS).

RampRate, the company that will be responsible for leading NOIA’s strategic and business development efforts, is the world’s top IT infrastructure sourcing advisor. They have done work for firms like eBay, Verizon, Sony, Nike, AON and other well-known global brands. They focus on cloud, CDN, managed hosting, colocation, network/telecom, and software services. Over the last 20 years, RampRate has sourced billions of dollars of infrastructure and saved hundreds of millions of dollars for more than 200 global enterprises.

The latest developments have helped draw the attention of publications like Forbes and allowed NOIA to be featured on industry-famous podcasts such as Cisco Cloud Unfiltered Podcast.

Joresa Blount from Forbes interviewed NOIA’s Co-Founder, Bill Norton.

Her aim was to uncover more details about the Internet’s inception and all the problems of security, reliability and scalability which lie at the very core level of protocols. In addition, Bill was asked to explain how NOIA Network is currently solving all the aforementioned issues by re-designing the architecture of the internet and creating Programmable Internet.

In August, NOIA launched a Foundational Members Program (NOIA staking) and an Ambassadors Program.

The Foundation Members Program is a staking program that was created to strengthen and reward NOIA’s community of long-term followers and backers for their continued support. An initial snapshot of net buying volume on KuCoin determined the number of participants and their reward tranche was successful. The number of participants exceeded NOIA’s expectations.

The Ambassadors program involves and rewards NOIA’s most active and motivated community members by allowing them to join NOIA Network’s external team. The number of ambassadors is limited and each of them has to go through a selection process. Community members can choose from 1 of 4 ambassador types; Developer, Networker, Expander or Creator. The responsibilities and tasks vary for each category. The benefits of becoming one of their ambassadors range from priority considerations for full-time positions at NOIA to being invited to cast a vote on certain company-wide decisions. Ambassadors also earn monthly rewards that range from $200 in NOIA tokens to $600 in NOIA tokens based on the role and level that they’re in.

August was also a busy month for NOIA’s developers, who are always on the lookout for ways to improve and build in order to better the network and accelerate the development of Programmable Internet. The month saw the number of active NOIA Nodes more than double. Currently, more than 1800 nodes are active at any given time. The majority of them will receive rewards in the form of NOIA tokens. Such growth ensures further adoption of the NOIA Cache and the quality of the network itself. Read about these developments here.

The attention NOIA is receiving increases every day and it shows in the number of new opportunities and possibilities that open up for them after such mentions.

Recent major press mentions include:

NOIA listing on Coincodex as number 2 of their top 3 coins to watch and follow. Monika Proffitt & Tracy Hazzard from The New Trust Economy Podcast invited NOIA’s Co-Founder and Chief Technical Liaison Bill Norton to explain how NOIA enhances the current internet infrastructure by developing the Programmable Internet. NOIA was also featured on Cisco’s Cloud Unfiltered Podcast where Bill explained complex concepts and behind-the-scenes of their development processes in simple terms. The interest in NOIA from big brands is good news indeed.

August was a significant month for the NOIA team and it is evident that they have been hard at work growing the venture. We will continue to monitor their developments and update the Hyperion community as they build out their vision for the future of the internet.

Kind regards,

Zulekha Cara and the Invictus team