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Akash Network

AKT
$0.6195-0.47%Rank #181

Summary · 1dWait— no screen sets a side here — the Score describes the state and never picks one, so only the levels to watch.

Score −37 · closed bar

Reading funding, open interest, liquidations and catalysts…

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Overview

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About Akash Network

Akash Network (AKT) is ranked #181 by market capitalisation, at $185.4M. Circulating supply: 299.09M AKT, out of a maximum supply of 388.54M. The price is 92.3% below its all-time high of $8.07, set on April 6, 2021. Categories: Artificial Intelligence (AI), Smart Contract Platform, DePIN, Osmosis Ecosystem.

What is Akash Network? Akash Network is spearheading a paradigm shift in cloud computing, disrupting conventional cloud services, and pioneering a revolution in access to essential cloud resources. Leveraging the power of blockchain technology, Akash Network has developed an open-source, decentralized, marketplace for cloud computing, offering an unprecedented level of speed, efficiency, and affordability.

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This innovation is set to transform the way users perceive and utilize cloud services. What are the key features of Akash Network? Decentralized Cloud Computing: Akash Network, built on a blockchain-based framework, eliminates dependence on centralized cloud providers, offering superior security, transparency for users' data and transactions, and enhanced scalability.

Permissionless Marketplace: By offering an open marketplace, Akash Network allows anyone with computational resources to become a cloud provider. Users can lease out their unused computing capacities, fostering competition and driving down prices. Flexible and Secure: With Akash, developers can effortlessly deploy applications and workloads.

Project description: CoinGecko (in English).