Akash Network ICO
Akash is an open, decentralized marketplace and deployment platform for cloud compute that solves the cloud’s cost problem. The big 3 cloud providers (Amazon, Google, Microsoft) have an oligopoly that lets them overcharge for commodity compute. Meanwhile up to 85% of the world’s compute capacity sits idle and inaccessible in companies' private on-prem and colocated datacenters.
Akash connects this massive latent supply with the equally massive and price-sensitive demand via a blockchain based marketplace, integrated with a secure container-native deployment platform. Companies programmatically bid to host each containerized workload, resulting in cost savings of up to 90% for users while allowing companies to monetize their depreciating server assets.
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