With 71% market share, four centralized cloud service providers dominate the cloud computing market (Amazon Web Services, Microsoft Azure, Google Cloud, Alibaba Cloud). With the CSPs, services are inflexible and come at a high recurring cost. Companies and developers have few alternatives.
Akash is the world’s first decentralized cloud computing marketplace, and the DeCloud for DeFi, unlocking 85% of underutilized cloud capacity in 8.4 million data centers. Akash enables anyone to buy and sell cloud compute.
Akash accelerates scale and price performance for DeFi, decentralized applications and organizations, and high-growth industries including machine learning/AI.
● Efficient: Pay for what you need, when you need it
● Flexible: Compatible with all existing cloud applications
● Price Advantage: Up to 10x lower in cost for developers
Total Supply: 100,000,000 AKT
Initial Circulating Supply: 2,800,000 AKT (2.8% of total supply)