Question 1

What is Akash Network?

Accepted Answer

Akash Network is a decentralised cloud computing platform that provides a marketplace for buying and selling computing resources. Built within the Cosmos ecosystem, it operates on a Proof-of-Stake (PoS) consensus mechanism to offer scalable, interoperable, and cost-efficient cloud infrastructure. By enabling users to access decentralised computing power, Akash Network presents an alternative to traditional cloud providers.

The network is designed to support various workloads, including artificial intelligence (AI), machine learning, and high-performance computing. It allows developers to deploy applications without relying on centralised infrastructure, improving accessibility and reducing costs.

Question 2

What is AKT used for?

Accepted Answer

AKT is the native utility token of Akash Network, facilitating several functions:

* **Staking:** Secures the network through a Proof-of-Stake model, allowing participants to earn rewards.
* **Governance:** AKT holders can vote on network upgrades and operational changes.
* **Payments:** Acts as a medium of exchange for users purchasing cloud computing resources.
* **Incentives:** Rewards node operators and participants who contribute computing power to the network.

Question 3

AI Integration in Akash Network

Accepted Answer

Akash Network has positioned itself as a decentralised infrastructure provider for AI applications by offering access to GPU-based cloud computing resources. This enables AI developers to train and deploy models without relying on traditional centralised providers.

Key AI-related developments include:

**Decentralised GPU Access:** Akash Network allows AI developers to rent GPU power from a decentralised network, supporting AI model training and inference.
**ThumperAI Collaboration:** Akash Network was used to train a foundational AI model, demonstrating its ability to support large-scale AI workloads.
**AkashML Service:** Introduces Machine Learning Modeling-as-a-Service, providing a decentralised option for AI model deployment.
**AI Agents on Akash:** Developers can deploy AI-driven applications directly on the network, leveraging its decentralised infrastructure.

Question 4

Who Created Akash Network and When?

Accepted Answer

Akash Network was founded by Greg Osuri, who currently serves as its CEO. Greg brings extensive experience in cloud infrastructure and has been an active contributor to multiple open-source projects. While the exact date of the network's creation is not specified, Greg Osuri's leadership and involvement provide a strong foundation for the project.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	AKT-USD AKT-USD	coinbase	AA	0.6877USD	-8.18%	1,604,953.67AKT	9,163	0.7490USD	0.7584USD
2	AKT-USDT AKT_USDT	gateio	A	0.6888USDT	-8.20%	1,139,170.27AKT	27,488	0.7503USDT	0.7625USDT
3	AKT-USD AKTUSD	kraken	AA	0.6871USD	-8.26%	674,487.09AKT	5,437	0.7490USD	0.7583USD
4	AKT-USDT AKT-USDT	kucoin	BB	0.6888USDT	-8.06%	381,144.21AKT	4,255	0.7492USDT	0.7596USDT
5	AKT-EUR AKTEUR	kraken	AA	0.6131EUR	-9.24%	86,274.77AKT	438	0.6755EUR	0.6755EUR
6	AKT-USD AKT_USD	cryptodotcom	AA	0.6896USD	-8.05%	31,366.90AKT	8,106	0.7500USD	0.7577USD
7	AKT-USDT AKT_USDT	cryptodotcom	AA	0.6909USDT	-7.63%	12,143.30AKT	5,494	0.7481USDT	0.7578USDT
8	AKT-ETH AKT_ETH	gateio	A	0.0₃2931ETH	-3.93%	1,116.91AKT	13	0.0₃3051ETH	0.0₃3051ETH
9	AKT-KRW KRW-AKT	upbit	B	930.00KRW	-8.37%	3,414,202.20AKT	6,536	1,015.00KRW	1,044.00KRW
10	AKT-USDT aktusdt	huobipro	C	0.6861USDT	-7.98%	3,030,176.24AKT	37,348	0.7456USDT	0.7557USDT
11	AKT-USDT akt_usdt	xtpub	-	0.6888USDT	-8.20%	660,775.96AKT	9,743	0.7503USDT	0.7581USDT
12	AKT-KRW AKT_KRW	bithumbkorea	-	930.00KRW	-8.46%	459,117.65AKT	892	1,016.00KRW	1,025.00KRW
13	AKT-EUR AKT-EUR	bitvavo	B	0.6141EUR	-8.23%	336,765.82AKT	3,896	0.6692EUR	0.6777EUR
14	AKT-USDT AKTUSDT	bitrue	D	0.6879USDT	-6.81%	205,598.00AKT	30,510	0.7383USDT	0.7692USDT
15	AKT-USDT AKT-USDT	bingx	D	0.6893USDT	-8.14%	90,729.65AKT	6,508	0.7504USDT	0.7578USDT
16	AKT-EUR AKTEUR	bit2me	B	0.6131EUR	-9.24%	86,274.77AKT	438	0.6755EUR	0.6755EUR
17	AKT-INR AKTINR	coindcx	-	68.17INR	-9.65%	12,374.29AKT	147	75.45INR	75.45INR
18	AKT-KRW akt_krw	korbit	C	963.00KRW	-5.87%	1,103.40AKT	9	1,023.00KRW	1,023.00KRW
19	AKT-BTC BTC-AKT	upbit	B	0.0₅9010BTC	-0.55%	1,000.00AKT	3	0.0₅9060BTC	0.0₅9060BTC
20	AKT-USDT AKTUSDT	hitbtc	E	0.5099USDT	0.00%	0AKT	0	0.5099USDT	0.5099USDT
21	AKT-BRL AKT-BRL	mercadobtc	C	3.53BRL	-10.24%	140.97AKT	4	3.93BRL	3.93BRL
22	AKT-USDT AKTUSDT	coinex	C	0.6444USDT	0.00%	0AKT	0	0.6444USDT	0.6444USDT
23	AKT-BTC AKTBTC	coinex	C	0.0₅7763BTC	0.00%	0AKT	0	0.0₅7763BTC	0.0₅7763BTC