Akash is a token of the marketplace of cloud computing resources, designed to reduce losses, DeCloud for DeFi. The network token is used as a bidding mechanism to protect the network and normalize computational prices for a market auction.

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Akash Network

By Anil Murty, Head of Product at Overclock Labs, and Alani Kuye, Technical Program Manager at Overclock Labs
This is a continuation of the four-part blog post series we started in October. In the first post, we discussed the current state of web3 infrastructure and a few of its challenges. We followed that up with a second post outlining how Akash’s decentralized open cloud solves these challenges. In the process, Akash is creating a platform for a thriving ecosystem of developer-focused products, tools, and services.

Building the Open Cloud, Part 3: The Growing Akash Ecosystem

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