What is Akash token (Akt)?

The Akash Token (AKT) is the native utility token on Akash Network. AKT is used to ensure blockchain security, encourage user participation, and provide a system to store and exchange value. AKT holders are eligible to vote on the network. The platform also offers AKT incentives for platform participation.

What is Akash and how does it work?

Akash is a decentralized cloud computing platform built with the Cosmos SDK The Akash network was launched in 2018 and is maintained by a renowned, global team By connecting providers with clients through a decentralized marketplace, Akash has created the first open source cloud platform

How many Akash network coins are there?

It has a circulating supply of 170 Million AKT coins and a total supply of 198 Million. If you are looking to buy or sell Akash Network, Crypto.com Exchange is currently the most active exchange. What was the highest price for Akash Network? Akash Network hit an all time high of $8.07 on Apr 06, 2021 (over 1 year).

Is Akash network the first decentralized cloud computing market?

As the first decentralized cloud computing market, Akash Network plans to leverage the underutilized cloud computing resources acquired from a total of 8.4 million data centers and subsequently allow anyone to buy and sell these cloud computing resources.