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Cloud Computing Market Situation
According to the forecast of IDC International Data Corporation [1], the global cloud computing market will reach 370 billion US dollars in 2022. As you can see, more and more ways of collaborating and communicating are moving to the cloud.
We spend more and more time working and playing online, which is closely related to the increasing demand for traffic and content, the rise of the global smartphone market, the explosive growth of web and mobile apps, and the rising cost of local server operation and maintenance.
The leading cloud computing service providers—Amazon Cloud (AWS), Google Cloud, Microsoft Azure, and Alibaba Cloud—account for 71% of the global market, and AWS is three times the size of Google Cloud, which follows behind.
This extremely centralized and oligopolistic market has exposed pricing inefficiencies and unhealthy competition. For example, some giant companies blatantly plagiarize and copy the products of small companies, and sell them to consumers openly.
This monopoly greatly limits the flexibility of industry innovation and user selection. Existing cloud services are often expensive and come with bullying clauses.
If more people are to use more flexible, efficient, and secure cloud products, cloud computing needs to move toward decentralization. These kinds of innovations are emerging—such as serverless technology—that are changing the rules of the game. With this technology, developers can run and manage the resources required by the application, while freeing them from tedious server tasks.
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Akash DeCloud
In this oligopoly cloud computing market, Akash DeCloud was born. Akash DeCloud is the only decentralized cloud computing market in the world, which enables anyone with a data center or a computer to become a cloud resource provider, and sell their idle network in a safe, low-slip cloud computing market resource.
With Akash DeCloud, 85% of the idle resources in the aforementioned 8.4 million data centers around the world can be more fully utilized.
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Akash Supermini
Akash Supermini[3] is a portable supercomputer independently developed by Akash. Supermini allows everyone to become a cloud computing resource lessor at home or in the office.
You can deploy any program on it, or make it a machine learning carrier, and at the same time, use the unoccupied resources on Supermini to earn AKT income.
It's time to join a decentralized, permissionless, and open cloud. People should be participants, not just users.
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Different from traditional cloud service providers
efficient
efficient Pay for what you need, when you need it Unused remaining resources can be sold again compatible Easy access (Akash built for mainstream environments) No mandatory vendor binding Compatible with all current cloud applications affordable 90% reduction in developer costs Safety Safety Full encryption can be achieved when idle, running, and transmitting Certified Network Trust Model (PGP) mdnice editor
major client
Akash is committed to serving data-intensive, high-growth companies, and will continue to expand its business to mature enterprises with different workloads. At present, Akash's main target market is the field of machine learning, including artificial intelligence, deep learning and other enterprises.
The rise of traditional cloud computing services has made the cost of machine learning and deep learning more expensive. Cloud costs for machine learning/AI companies are expected to rise 43.6% by 2022, which will account for 25% of their operating costs. How to reduce operating costs is crucial to business growth.
During the global pandemic, start-ups, academic institutions, researchers and clinicians are racing against time to develop a COVID-19 vaccine. But those jobs are getting more expensive because of rising cloud costs.
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Economic Design of AKT
Akash designed AKT as a native economic token to solve the volatility problem (one of the biggest challenges that cryptocurrencies will face before they can be widely used). At the same time, AKT is the carrier of economic security, ensuring the security and stability of the Akash public blockchain.
AKT uses inflation (i.e. borrowing from the future) to stimulate early supply, and uses an incentive model that both guarantees fair distribution and unlocks network effects to promote growth.
governance weight
governance weight
Staking Rewards
Staking Rewards
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Market Order Settlement
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Founder of Akash
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Greg Osuri,CEO
Greg spent his early years at IBM where he was responsible for building IBM's information technology infrastructure. He is the founder of AngelHack, the world's largest hackathon organization, with a community of over 150,000 developers and events held in more than 50 cities around the world. As a well-known open source, distributed system, blockchain developer and applied economist, Greg's Golang library collection on Github once reached the fifth place in the world. Greg is also the author of UI Progress and Amazon RDS Cookbook, which has been downloaded 25 million times.
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Adam Bozanich, Chief Technology Officer
Prior to founding Akash, he was responsible for building and leading software development efforts at WeWork, Symantec, One King's Lane, and Marketron. In his early years, he was an engineer at Topspin, a music monetization platform that was first acquired by Beats and later by Apple.
Investors
Investors
Partner
Partner
The original intention of "Unstoppable Cloud Platform" is to help more future developers retain more development freedom and allow users to truly control their own data.
Akash Cloud is built on a fully autonomous distributed infrastructure that is not threatened by hackers or any centralized attacks.
WeChat external link
WeChat external link
[2] Unique staking economic model: https://akash.network/blog/akash-%e7%bd%91%e7%bb%9c%e9%80%9a%e8%af%81%e7%bb% 8f%e6%b5%8e%e5%ad%a6%e7%9a%84%e6%bc%94%e5%8f%98/?lang=zh-hans
[3]Akash Supermini:https://akash.network/supermini/
