CurrencyPriceAKT

Akash is a decentralized cloud computing market. It is a decentralized cloud (decloud) designed for defi, which can release 85% of the underutilized cloud computing capacity in 8.4 million data centers. Akash enables anyone to buy and sell unused computing power. Akash network is a fully autonomous rights and interests proof blockchain developed on Cosmos hub. It uses the native functional token Akash token (Akt) as the main means to govern and protect the blockchain, and provides a default mechanism to store and exchange value. Akt will serve as the reserve currency in Akash's multi currency and Multi Chain ecosystem, and ensure the economic security of the platform's public blockchain through pledge. We are implementing the economic model of Akash pass in stages. In order to properly compensate the suppliers on the network, we will first stabilize the pledge set so as to establish the economic value of Akt when the main network 1 is released. After the initial stage of network guidance is completed, we will start to study the Akash economic model to encourage suppliers to provide lower prices and encourage Pledgors to participate in the network for a long time.