Akash Network is a prominent project in decentralized cloud computing. The network’s native token, AKT, is multifunctional, supporting network security, facilitating payments, and encouraging user engagement. Launched in 2020, Akash’s first mainnet introduced a permissionless marketplace for cloud computing, initially offering services like storage and CPU leasing. In 2023, Akash broadened its offerings by a GPU mainnet that enables users to lease GPUs affordably for AI training and inference tasks, presenting a cost-effective alternative to traditional centralized services.
Special Report: Innovations in Blockchain
This report delves into the groundbreaking innovations in blockchain that are reshaping the traditional and digital landscapes. From restaking to decentralized physical infrastructure networks (DePIN), the convergence of AI and blockchain, and advancements in decentralized identity and trust management, explore how these advancements are driving the future of the blockchain revolution.