1. About AKT（Akash Network）
Akash Network, the world’s first decentralized and open-source cloud, accelerates deployment,scale, efficiency and price performance for high-growth industries like blockchain and machinelearning/AI. Known as the "Airbnb for Cloud Compute”, Akash Network provides a fast, efficient
and lower-cost application deployment solution. Developers leveraging Akash Network can access cloud computing at up to three times less than the cost of centralized cloud providers like Amazon Web Services, Google Cloud and Microsoft Azure.Utilizing containerization and open-source technology, Akash Network leverages 85% of underutilized cloud capacity in 8.4 million global data centers, enabling anyone to buy and sell cloud computing.
Akash Token (AKT): AKT is the native token of the Akash Network, an important means for governance and blockchain protections, and also a default mechanism for value storage and exchange. The core utility of AKT acts as a staking mechanism to secure the network and normalize compute prices for the marketplace auction.
2. Token Usage
AKT is the native token of the Akash Network with the following usages:
b.Lensing service fee
c.Transaction fees and block rewards
d.Reserve Currencies in the ecosystem
Genesis issuance supply: 100,000,000
Max supply: 388,539,008
Circulation supply: 59,144,394 (as of May 20)
b.Token allocation and distribution
Public Distribution: 1.8%
Team & Advisors: 27%
Seed: raised $1,700,000.
Pre-sale 1: raised $1,400,000
Pre-sale 2: raised $2,900,000
Public sale: raised 800,000USDT
Block Broswer: https://akash.bigdipper.live/
Note: The above information is published by the project team which may contain errors, omissions or out of date. The content is strictly for reference only and does not constitute any investment advice. BHEX shall not be responsible for any direct or indirect monetary/financial losses due to the reliance on this information.