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Akash Network

Computing & Data Storage

Overview

Akash provides an open marketplace connecting companies with idle compute capacity to users who need it.

Features

Akash.network currency is a digital token the Akash, whose ledger is stored on a blockchain.

Akash providers bid to place workloads, driving costs down. There is no middleman on the Akash network, so no entity uses monopolistic power to extract highest possible margins.

Companies from over the world can monetize slack server capacity sitting in their owned or collocated datacenters, then pull capacity back from the network whenever they need it.

Deployment slots are allocated via an auction process that begins with a user defining the deployment criteria (resources, topology, price) in a declarative file posted to the Akash blockchain. Akash providers then programmatically bid on the deployment, with the low bid winning and creating a lease between tenant and provider, again written to the chain.  

 

Crowdsale

Token Sale
ICO token supply 400,000,000
Hard cap size 20,000,000 USD (fiat)
Legal
ICO Platform 3
Country Limitations Cuba, Iran, Sudan, Syria, United States, North Korea,
Registration Country United States
Registration Year 2015
Token details
Ticker AKASH
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Token distribution

40% - Investors

30% - Rewards

20% - Team

10% - Reserve

Ratings

Type of ratings
Rating
Status
Details
Investment Risky+ Active Arrow Report

Team members

Name
Position
Score
Social
Head of Operations
NA
Head of Operations
NA
Software Engineer
NA
Founder & CTO
NA
VP of Product
NA
Founder & CEO
NA

Advisors

Name
Position
Score
Social
Advisor
1
Advisor
1
Advisor
NA
Advisor
NA
Advisor
NA
Advisor
NA
Advisor
NA
Advisor
NA
Advisor
NA
Advisor
NA
Advisor
NA
Advisor
NA

Funding Rounds

Rating Review and Analytics

Investment rating Info Risky+
Hype score Info Low
Risk score Info Medium
View rating report
Akash Network ICO Contacts
Website
Token AKASH
Price 1 AKASH = 0.0514 USD
Product Type Marketplace
MVP No product
Registration Country United States
Whitepaper View
Akash Network rating widget
Rating Get this widget
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