Cryptocurrency profile · AKT
Akash Network
$0.6401 USD
- Market cap rank
- 182
- Market cap
- 176,205,145
- Circulating supply
- 299,493,690
- Max supply
- 388,539,008
About Akash Network
Akash Network is an open-source, decentralized marketplace for cloud computing built on blockchain technology. It aims to disrupt traditional centralized cloud services by offering a permissionless platform where anyone can lease out unused computing resources, including GPUs, fostering competition and reducing costs. The network uses the Cosmos SDK and is blockchain agnostic, enabling cross-chain interoperability. Its native token, AKT, is used for securing the network, executing transactions, and incentivizing participation through staking. The GPU marketplace is particularly beneficial for AI hosting, providing cost-effective, scalable, and secure access to computational resources.
- Akash Network is built on the Cosmos SDK, allowing easy integration with other blockchain networks.
- The network's GPU marketplace enables renting idle GPU resources, making AI hosting more affordable and accessible.
- Akash Network uses a Proof-of-Stake consensus mechanism, which is more energy-efficient than Proof-of-Work.
- The AKT 2.0 proposal introduces Take Rate and Provider Incentives to stimulate ecosystem growth.
- Akash Network is categorized under DePIN (Decentralized Physical Infrastructure Networks) and Artificial Intelligence (AI).
- Consensus
- proof-of-stake
- Token standard
- native
Local market
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Current comparison facts
ExchangeRates.Pro shows 5 eligible offer rows for Akash Network (AKT) in United States, quoted in USD for Buy transactions.
- Displayed sample
- 5
- Fetched range
- –
- Sources
- ccxt
Method: only normally fresh, eligible offer rows visible in this table are counted. Prices and availability can change. Methodology
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| Exchange | Price | Payment | |
|---|---|---|---|
| Kraken Best rate CEX · 2m · Bank transfer · Wire Transfer · FedWire (Dart Bank) · Dart Bank | 0.6408 USD | Buy Buy here | |
| Kraken CEX · 2m · Bank transfer · ACH Transfer · ACH (Plaid) · Plaid | 0.6408 USD | Buy Buy here | |
| Kraken CEX · 2m · E-wallet · PayPal | 0.6408 USD | Buy Buy here | |
| Kraken CEX · 2m · Bank transfer · SWIFT Transfer · SWIFT (Bank Frick) · Bank Frick | 0.6408 USD | Buy Buy here | |
| Kraken CEX · 2m · Bank transfer · SWIFT Transfer · SWIFT (Customers Bank) · Customers Bank | 0.6408 USD | Buy Buy here |
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