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Akash Network

AKT

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Akash NetworkGitHub code submission status
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Akash Network Basic
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Akash Network Info

White paper
white paper
Website
akash.network
Contracts
Explorers
mintscan.io
atomscan.com
Community
Twitter
Telegram
Reddit
Discord
Youtube
Source code
github.com
Sector
AI,DePIN
First issue time
Oct 14, 2020

Akash Network Team

Individuals
Greg Osuri
Founder at Akash Network
Anil Murty
VP at Akash Network
Organizations
Akash ML
AI development will never be the same. Built by @ovrclk_ on @akashnet_ , powered by $AKT.
Overclock Labs
Building the future of the cloud • Creators of @akashnet_ & @akashnetAI

Akash Network Intro

Akash Network (AKT) is a decentralized cloud computing marketplace developed by Overclock Labs, aiming to decentralize the cloud industry by utilizing unused server capacity. Unlike traditional providers like AWS, Akash allows companies with excess server resources to offer them for cloud deployments. Developers post their requirements on Akash’s blockchain, where providers bid competitively to fulfill these requests. Payments are made in AKT tokens, ensuring transparency and efficiency.

In 2024, Akash saw notable growth in AI infrastructure, offering NVIDIA GPU support at competitive rates, appealing to AI, machine learning, and 3D rendering applications. The network also supports decentralized, censorship-resistant infrastructures with zero downtime over four years, making it a reliable choice for developers needing robust cloud resources.

Akash’s March 2021 Mainnet 2 launch opened up the marketplace for full cloud computing capabilities, and its ecosystem has since expanded with integrations in Cosmos, Solana, and Web3 projects. By mid-2024, Akash's global provider base grew, with new nodes in Brazil, Indonesia, and Japan, reflecting the protocol’s geographic expansion.

The platform’s decentralized architecture provides a permissionless infrastructure, enabling developers to deploy applications without facing the constraints of centralized cloud providers. As Akash continues to evolve, its role in the intersection of AI and blockchain is expected to grow, positioning itself as a key player in decentralized cloud computing.

Akash Network Unlock & Allocation
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Akash Network Token unlock

Unlocked: 65.54%(254.65m)
Total Locked: 23.03%(89.49m)
Untracked: 11.43%(44.40m)

Akash Network Token allocation

Mining:70.90%(244.13m)
Investors:10.00%(34.51m)
Team & Advisors:7.80%(27.00m)
Foundation:5.70%(19.69m)
Ecosystem:2.30%(8.00m)
Testnets:1.50%(5.00m)
Vendors & Marketing:1.20%(4.00m)
Public Sale:0.50%(1.80m)

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Akash Network Price Live Data
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The live Akash Network price today is $2.534 USD with a 24-hour trading volume of 16984316 USD. We update our Akash Network to USD price in real-time. Akash Network is +5.01% in the last 24 hours. The current SoSoValue marketcap ranking is # 113, with a live market cap of $ 627,020,754.58 USD. It has a circulating supply of 247,443,076 AKT coins and a max supply of 388,539,008 AKT coins.
Akash Network
AKT
#125
$0
+5.01%
Total dollar volume24H
$16,984,316
High24H
2.588 USDT
Low24H
2.376 USDT
Market Cap
#125$627,020,755
FDV
$629,162,286
Turnover rate
2.71%
Circulating supply
247,443,076
Total supply
248,288,195
Max supply
388,539,008
All time high
8.488 USDT
All time high date
Apr 06, 2021
Down from All time high
-70.15%
Cycle low
0.1654 USDT
Cycle low date
Nov 21, 2022
Up from cycle low
1431.49%
Official links
Website
White paper
Socials
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Youtube
Introduction

Akash Network (AKT) is a decentralized cloud computing marketplace developed by Overclock Labs, aiming to decentralize the cloud industry by utilizing unused server capacity. Unlike traditional providers like AWS, Akash allows companies with excess server resources to offer them for cloud deployments. Developers post their requirements on Akash’s blockchain, where providers bid competitively to fulfill these requests. Payments are made in AKT tokens, ensuring transparency and efficiency.

In 2024, Akash saw notable growth in AI infrastructure, offering NVIDIA GPU support at competitive rates, appealing to AI, machine learning, and 3D rendering applications. The network also supports decentralized, censorship-resistant infrastructures with zero downtime over four years, making it a reliable choice for developers needing robust cloud resources.

Akash’s March 2021 Mainnet 2 launch opened up the marketplace for full cloud computing capabilities, and its ecosystem has since expanded with integrations in Cosmos, Solana, and Web3 projects. By mid-2024, Akash's global provider base grew, with new nodes in Brazil, Indonesia, and Japan, reflecting the protocol’s geographic expansion.

The platform’s decentralized architecture provides a permissionless infrastructure, enabling developers to deploy applications without facing the constraints of centralized cloud providers. As Akash continues to evolve, its role in the intersection of AI and blockchain is expected to grow, positioning itself as a key player in decentralized cloud computing.

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