Akash is an open-source Supercloud that lets users buy and sell computing resources securely and efficiently. Purpose-built for public utility , its a Use case token Meaning you Need the Akash token to Utilize the Network. The creator of Akash network is Greg Osuri , Greg has helped launch multiple developer companies including Firebase which was acquired by Google in 2014, as well as AngelHack, the world's largest developer ecosystem
Akash has a Real World working product, it is the BackBone of the Cloud Sector on the Blockchain, and the Reason why i see this as a incredible chance to get in before all the hype is because Recently Nvidia has shown they have Record High Demand for the Nvidia H100s ( They cost 40,000 - 60,000$ each ) and with The Akash GPU main-net launch nearly here , Akash Network will be the First Open Source Marketplace for High density GPU's....
Nvidia has also said they would prefer not to give Large allocations to company's that are attempting to compete with them ( AWS , Google TPUz , Azure project etc etc )
At the time of Writing , Akash network is currently USD 58cents or AUD 90 cents. The tokenmics are Solid , Max supply being 388 Million , and More then Half is already in circulation.. You can see how much is Bonded and locked up aswell. There are a Few Centralized Exchanges you can get Akash from , Kucoin , Kraken , AscendEX , But Since Akash is in the Cosmos Ecosystem ( ATOM ) i have been using the Osmosis DEX and Staking the Akash in the KEPLR wallet, compounding The staking rewards and growing the Akash bag , Ready for 2024-2025 and then we offload for Gains $$$. it will be one worth watching for sure
