Akash(AKT) New Listing on Kucoin

KuCoin is extremely proud to announce yet another great project coming to our trading platform. Akash Network (AKT) will be available on KuCoin. Supported trading pair is AKT/USDT.

Please take note of the following schedule:

• Deposits Effective Immediately (Supported Network: Akash)
• Trading: 8:00 on May 7, 2022 (UTC)
• Withdrawals: 10:00 on May 8, 2022 (UTC)

Tags: Distributed Computing, Web3.0, Cosmos SDK

Cloud is an oligopolized industry where 74% of the market is dominated by four companies; AWS, Alibaba, Google Cloud, and Microsoft Azure, resulting in significant inefficiencies (85% of 8.2M data-centers are unused, representing $30B in comatose servers).

Akash Network’s open source cloud platform lets you quickly deploy a Docker container to the provider of choice (for less than AWS). Users lease computing resources from Cloud providers before deploying a Docker container on Akash’s Container Platform. The marketplace stores on-chain records of requests, bids, leases, and settlement payments using AKT. Akash's blockchain is a tendermint-based application based on the Cosmos SDK.

Official Website: https://akash.network