DeFi Intel

Akash Network chain

DePIN/decentralized cloud · PageRank 0.0015

Also known as: AKT

Source: akash.network

Overview

Akash Network is a decentralized cloud computing marketplace built on Cosmos SDK, enabling users to deploy containerized applications. It competes with centralized cloud providers by allowing providers to bid for compute resources. The native token AKT is used for governance, settlement, and network security.

Within the DeFi Intel graph, Akash Network connects to 2 tracked entities, most strongly to Cosmos SDK, Akash Network.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).

RelationConnected entityConfidence
built_withCosmos SDK95%
deployed_onAkash Network90%

Frequently asked questions

What is Akash Network?

Akash Network is a decentralized cloud computing marketplace built on Cosmos SDK, enabling users to deploy containerized applications.

How does Akash Network compete with centralized cloud providers?

Akash Network allows providers to bid for compute resources, competing with centralized cloud providers through a decentralized marketplace.

What is the native token of Akash Network used for?

The native token AKT is used for governance, settlement, and network security.