Name : Akash Network (AKT)

AKT Price : $4.769 -6.76%

Consensus Mechanism : Proof of Stake

Volume: 57,016,735

Market Cap: 1,124,856,479

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Last Screening: Q1 2024

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Overview

Akash is an open network designed for buying and selling computing resources efficiently and securely. It operates through the Akash Marketplace, allowing users to lease computing resources using the Akash Token (AKT) on the Akash Container Platform. This platform, built with cloud management services like Kubernetes, facilitates the deployment and management of containers for running any Cloud-Native application. Akash stands out as a decentralized cloud marketplace, offering users control over pricing and attributes, tapping into the vast market of underutilized global data center resources. With features like Stack Definition Language (SDL), wallets, and deployment options, Akash provides a user-friendly and flexible environment for decentralized cloud computing.

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