Funding
Nous Research Raises $90M Without Token Airdrop
Nous Research, an open-source AI tool developed by Hermes, has raised $90 million in a Series A funding round led by Paradigm. Despite the significant investment, the company has not announced a token airdrop, a points system, or eligibility rules. The lack of a token is attributed to the $1 billion valuation in the 2025 Series A funding round and the use of on-chain rewards in the Psyche, a Solana-coordinated training network. No specific TGE date or token ticker has been announced, and the distribution method has not been disclosed. The company measures Portal accounts, Hermes Agent usage, Psyche compute and pool contributions, and GitHub or Discord activity as potential inputs for a token distribution, though none of these have been confirmed.