Akash Network (AKASH)ICO Akash provides an open marketplace connecting companies with idle compute capacity to users who need it. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Akash Network
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.
DetailsToken supply: 400,000,000Hard cap: 20,000,000 USD LegalBlockchain Platform: EthereumCountry limitations: Cuba, Iran, Sudan, Syria, United States, North Korea Registration country: United States Registration year: 2015 | Token infoTicker: AKASHType: Utility-token Token price in USD: 1 AKASH = 0.0514 USD Accepted currencies: ETH Token distribution: 40% - Investors 30% - Rewards 20% - Team 10% - Reserve |
Akash Network Roadmap
Development begins on DISCO.
Whitepaper v1 released.
Development begins on Akash Network.
Whitepaper v2 released.Agreement signed for test and main net capacity with bare metal provider Packet.
Marketplace prototype released .
Deployment prototype release.
P2P filesharing prototype release.
Overlay Network prototype release.
Whitepaper v3 release.
Testnet launch.
Provider certification program launch.
Mainnet launch.
Akash token available on exchange(s).
Onboard, ramp pilot users and providers.
Iterate quickly in response to production usage and feedback.
Launch of container-native PaaS.
Akash Platform supports Heroku-like "push to deploy" functionality with SCM integration.
Globally-distributed provider supply.
Launch of storage-only offering.
Akash Platform supports storage-only deployments without associated compute.
Launch of Machine Learning support.
Akash Platform supports Spark/RDD integration and event-based scheduling.
Launch of Managed Services support.
Akash Platform supports a third-party ecosystem of providers with offerings built upon Akash.
Launch of near-edge compute support.
Akash Platform supplier distribution supports near-edge use cases.