Blockchains / Akash Network
AKT

Akash Network

AKT

Decentralized cloud computing marketplace for serverless compute resources

Infrastructure cloudcomputedepincosmos
Launched
2020
Founder
Greg Osuri
Primitives
2

Introduction to Akash Network

Akash Network is a decentralized cloud computing marketplace that connects users needing compute resources with providers who have spare capacity. Built on Cosmos SDK, Akash positions itself as the “Airbnb of cloud computing,” enabling anyone to buy or sell computing power.

Founded by Greg Osuri, Akash targets the massive cloud computing market dominated by AWS, Google Cloud, and Azure. The protocol claims to offer compute at significantly lower costs than centralized providers, while enabling permissionless access without the gatekeeping of traditional cloud services.

The Decentralized Cloud Vision

Centralized Cloud Problems

Current market issues:

  • Expensive pricing
  • Vendor lock-in
  • Permission required
  • Underutilized capacity

Akash’s Solution

Marketplace approach:

  • Open marketplace
  • Competitive pricing
  • Permissionless access
  • Utilize spare capacity

Market Opportunity

Cloud market scale:

  • $500+ billion market
  • Growing rapidly
  • Concentrated players
  • Disruption potential

How Akash Works

Deployment Flow

User process:

  1. Define requirements (SDL)
  2. Submit deployment
  3. Providers bid
  4. Select provider
  5. Deployment runs

Provider Economics

Supplier side:

  • Register compute capacity
  • Bid on deployments
  • Earn AKT payments
  • Utilize idle resources

Stack Description Language (SDL)

Deployment definition:

  • Specify compute needs
  • Memory requirements
  • Storage needs
  • Networking config

Technical Specifications

MetricValue
ConsensusTendermint PoS
Built OnCosmos SDK
IBC EnabledYes
TokenAKT
MarketplaceReverse auction
Compute TypeContainers

The AKT Token

Utility

AKT serves multiple purposes:

  • Staking: Network security
  • Payment: Compute costs
  • Governance: Protocol decisions
  • Incentives: Provider subsidies

Tokenomics

Supply dynamics:

  • Inflation for staking
  • Provider incentives
  • Community pool
  • Ecosystem development

Payment Flow

Transaction economics:

  • Users pay in AKT (or stables)
  • Providers earn AKT
  • Take rate to network
  • Sustainable model

GPU Computing

AI/ML Focus

High-demand market:

  • GPU compute scarce
  • AI training needs
  • Inference workloads
  • Growing demand

GPU Marketplace

Provider expansion:

  • GPU providers joining
  • NVIDIA hardware
  • Competitive pricing
  • Capacity growing

AI Workloads

Use cases:

  • Model training
  • Inference APIs
  • Data processing
  • Research computing

Ecosystem Development

Deployed Applications

Current usage:

  • Websites and apps
  • Development environments
  • Blockchain nodes
  • AI/ML workloads

Developer Experience

Building on Akash:

  • Container-based deployment
  • Familiar tooling
  • Documentation
  • Community support

Cloudmos Console

User interface:

  • Web-based deployment
  • Easy management
  • Provider selection
  • Monitoring tools

Competition and Positioning

vs. Centralized Cloud

AspectAkashAWS/GCP/Azure
PricingLowerHigher
PermissionNoneRequired
Uptime SLAVariableGuaranteed
SupportCommunityEnterprise

vs. Other DePIN Compute

ProjectFocusStatus
AkashGeneral computeLive
RenderGPU renderingLive
GolemCompute tasksLive
FluxDecentralized infraLive

Market Position

Current standing:

  • Growing deployment count
  • Competitive pricing
  • GPU capacity building
  • Active development

Challenges and Risks

Enterprise Adoption

Business requirements:

  • SLA expectations
  • Support needs
  • Compliance requirements
  • Risk tolerance

Provider Reliability

Decentralized challenges:

  • Variable quality
  • Uptime consistency
  • Provider reputation
  • Resource availability

Competition

Market dynamics:

  • Centralized cloud dominance
  • Other DePIN projects
  • Price competition
  • Feature parity

Complexity

User friction:

  • Learning curve
  • SDL complexity
  • Provider selection
  • Troubleshooting

Recent Developments

GPU Network Growth

Capacity expansion:

  • More GPU providers
  • NVIDIA partnerships
  • AI workload support
  • Capacity growth

Pricing Competitiveness

Cost advantages:

  • Documented savings
  • Enterprise comparisons
  • GPU pricing
  • Market positioning

Ecosystem Tools

Developer experience:

  • Console improvements
  • SDK development
  • Integration tools
  • Documentation

Future Roadmap

Development priorities:

  • GPU: Expand GPU capacity
  • Enterprise: Adoption features
  • Tools: Developer experience
  • Providers: Network growth
  • AI: AI/ML focus

Conclusion

Akash Network addresses a genuine market need: providing cost-effective, permissionless access to cloud computing. The marketplace model enables price discovery and utilization of spare capacity that centralized providers can’t match.

The GPU computing focus positions Akash for the AI boom, where compute demand exceeds supply at reasonable prices. Provider growth and reliability improvements will determine enterprise adoption potential.

For developers seeking affordable compute without centralized gatekeeping and for resource providers wanting to monetize spare capacity, Akash offers a compelling marketplace. Success depends on scaling provider quality and capacity to meet growing demand.