• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Aethir and Injective Create Tokenized GPU Market

user avatar

by Giorgi Kostiuk

10 months ago


Aethir and Injective have partnered to launch the world's first tokenized marketplace for trading computing resources, specifically Graphics Processing Units (GPUs). This initiative aims to transform the way these resources are accessed and traded.

What Are Tokenized GPUs?

GPUs have become essential in AI development due to their ability to perform parallel computations crucial for training ML models. However, the acquisition of these resources can be costly and complex, limiting access. The collaboration between Aethir and Injective proposes tokenization of GPU resources to broaden access for AI researchers and developers.

Advantages of Tokenized GPU Resources

The initiative introduces several key innovations: 1. Fractional Ownership: Users can buy only the compute power they need. 2. Composability and Integration: Easily integrate tokenized GPUs into various use cases. 3. Real-time Resource Trading: GPU power can be bought, sold, or leased in a dynamic market. 4. Smart Contract Integration: Transactions are automated and secure. 5. Global Accessibility: Resources become accessible worldwide.

Technical Implementation and Role of ATH Token

Aethir operates a vast crypto GPU network, ensuring reliable access, while Injective provides the platform for tokenization. The ATH token is central for purchasing power, rewarding network participants, and ensuring security through staking.

The partnership between Aethir and Injective signifies a move toward integrating AI and blockchain technologies, creating a new market for tokenized GPUs and expanding possibilities for developers worldwide.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Price Drops Below $100,000 for the Third Time This Month

chest

Bitcoin's price has fallen below the $100,000 mark for the third time this month, recently trading at $99,611 after a more than 2% decline over the past 24 hours.

user avatarJacob Williams

Bitcoin Price Projections Suggest Potential Surge

chest

Bitcoin price projections suggest it could reach between $160,000 and $170,000 based on historical patterns and current market conditions.

user avatarZainab Kamara

US-listed Bitcoin ETFs See $520 Million Inflow

chest

US-listed Bitcoin ETFs recorded a significant inflow of $520 million on Tuesday, reversing a previous trend of withdrawals.

user avatarSon Min-ho

DAT Stocks Face Major Decline as Market Reacts to Bitcoin Performance

chest

Digital Asset Treasury (DAT) stocks are facing a significant decline, with some down over 50% from their peaks, raising questions about the market's reaction to Bitcoin's performance.

user avatarAyman Ben Youssef

BEST Wallet Token Aims to Simplify Gold-Backed Stablecoin Transactions

chest

The BEST Wallet Token aims to revolutionize interactions with gold-backed stablecoins by providing a non-custodial, multichain wallet that simplifies asset management and reduces transaction fees.

user avatarTando Nkube

Aero Merger Anticipated to Surge Token Valuations

chest

The merger of Aerodrome and Velodrome into Aero is expected to significantly boost trading volumes and enhance liquidity dynamics.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.