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	0.7275USD	-0.67%	2,680,130.66AKT	11,836	0.7324USD	0.7596USD
2	AKT-USDT AKT_USDT	gateio	A	0.7272USDT	-0.59%	1,971,799.24AKT	40,248	0.7316USDT	0.7634USDT
3	AKT-USD AKTUSD	kraken	AA	0.7279USD	-0.53%	1,277,017.64AKT	7,613	0.7318USD	0.7584USD
4	AKT-USDT AKT-USDT	kucoin	BB	0.7274USDT	-0.64%	744,196.84AKT	7,105	0.7321USDT	0.7618USDT
5	AKT-USD AKT_USD	cryptodotcom	AA	0.7272USD	-0.62%	91,538.90AKT	13,010	0.7317USD	0.7607USD
6	AKT-EUR AKTEUR	kraken	AA	0.6482EUR	-0.61%	75,810.36AKT	576	0.6522EUR	0.6747EUR
7	AKT-USDT AKT_USDT	cryptodotcom	AA	0.7276USDT	-0.34%	26,119.90AKT	10,328	0.7301USDT	0.7603USDT
8	AKT-ETH AKT_ETH	gateio	A	0.0₃2932ETH	5.81%	654.48AKT	15	0.0₃2771ETH	0.0₃2951ETH
9	AKT-KRW KRW-AKT	upbit	B	996.00KRW	0.20%	4,304,243.50AKT	8,397	994.00KRW	1,050.00KRW
10	AKT-USDT aktusdt	huobipro	C	0.7243USDT	-0.82%	2,323,676.23AKT	28,790	0.7302USDT	0.7586USDT
11	AKT-KRW AKT_KRW	bithumbkorea	-	981.00KRW	-0.41%	753,081.55AKT	1,784	985.00KRW	1,032.00KRW
12	AKT-USDT akt_usdt	xtpub	-	0.7272USDT	-0.59%	583,476.58AKT	5,748	0.7316USDT	0.7618USDT
13	AKT-EUR AKT-EUR	bitvavo	B	0.6479EUR	-0.77%	541,442.72AKT	5,165	0.6529EUR	0.6801EUR
14	AKT-USDT AKTUSDT	bitrue	D	0.7271USDT	-0.68%	284,907.50AKT	31,828	0.7321USDT	0.7715USDT
15	AKT-USDT AKT-USDT	bingx	D	0.7275USDT	-0.64%	83,806.58AKT	6,569	0.7322USDT	0.7584USDT
16	AKT-EUR AKTEUR	bit2me	B	0.6481EUR	-0.64%	75,810.36AKT	576	0.6523EUR	0.6747EUR
17	AKT-INR AKTINR	coindcx	-	73.41INR	2.91%	9,491.54AKT	160	71.33INR	75.32INR
18	AKT-BTC BTC-AKT	upbit	B	0.0₅8750BTC	9.24%	773.56AKT	2	0.0₅8009BTC	0.0₅8750BTC
19	AKT-USDT AKTUSDT	hitbtc	E	0.5099USDT	0.00%	0AKT	0	0.5099USDT	0.5099USDT
20	AKT-BRL AKT-BRL	mercadobtc	C	3.68BRL	4.06%	116.71AKT	12	3.54BRL	4.04BRL
21	AKT-KRW akt_krw	korbit	C	1,024.00KRW	0.00%	0AKT	0	1,024.00KRW	1,024.00KRW
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