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.

Akash Network news today, AKT crypto latest news of coin ticker

Akash Network

Sami Kassab

RT @Old_Samster: I put out a report not too long ago talking about the growing demand for compute, and how decentralized networks like @Ren…

Render Network | RNDR

I put out a report not too long ago talking about the growing demand for compute, and how decentralized networks like @RenderToken and @akashnet_ can bridge the gap between supply and demand by tapping into consumer and idle compute hardware https://t.co/DePRwONtf8

The sheer amount of compute demand in the coming decade (from AI, IoT &amp; the metaverse) will outstrip the supply of computing resources offered by centralized cloud providers.
Decentralized computing networks will be essential for unlocking new compute capacity.