The live price of Akash Network is - per (AKT / USD) with a current market cap of $384.72M USD. 24-hour trading volume is - USD. AKT to USD price is updated in real-time. Akash Network is -% in the last 24 hours with a circulating supply of 248.29M.
Date Comparison | Amount Change | % Change |
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Today | - | 0% |
30 Days | - | 0% |
60 Days | - | 0% |
90 Days | - | 0% |
Akash is a decentralized cloud computing marketplace designed for DeFi, known as the decentralized cloud (DeCloud). It unlocks 85% of underutilized cloud computing capacity from 8.4 million data centers. Akash allows anyone to buy and sell unused computing power.
The Akash Network is a fully sovereign proof-of-stake blockchain built on the Cosmos Hub. It uses the native utility token, Akash Token (AKT), as the primary means for governance, securing the blockchain, and providing a default mechanism to store and exchange value. AKT also serves as the reserve currency in Akash’s multi-currency, multi-chain ecosystem, and ensures the economic security of the public blockchain through staking.
We are enabling the economic model of the Akash token in phases. To appropriately compensate providers on the network, we will first stabilize the staking set to establish the economic value of AKT at the time of Mainnet 1 launch.
Once the initial network bootstrap phase is completed, we will begin exploring the Akash economic model to incentivize providers to offer lower prices and encourage stakers to participate in the network long-term.
The Akash Network to other currencies exchange rate?