• 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

a year 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

Labor Unions Stand Firm Against Cryptocurrency in Retirement Accounts

chest

Labor unions, including the American Federation of Teachers, oppose legislation allowing cryptocurrencies in 401k retirement plans due to concerns over volatility and potential financial losses.

user avatarJesper Sørensen

Jelly (JELLY) Surges Nearly 142% in Price Growth

chest

Jelly (JELLY) has recorded impressive price growth, surging by almost 142% in the past week.

user avatarLucas Weissmann

SentismAI (SENTIS) Surges Over 166% to Reach New All-Time High

chest

SentismAI (SENTIS) has emerged as the top gainer in the crypto market, surging over 166% in price.

user avatarEmily Carter

Humidifi (WET) Surges Over 150% Amid Market Interest

chest

Humidifi (WET) has achieved a significant price surge of over 150% in the past week, reaching a new all-time high above 0.33.

user avatarKaterina Papadopoulou

Tether's Stability Amidst Regulatory Concerns

chest

Tether remains stable and profitable, focusing on diversifying its revenue streams amidst regulatory concerns.

user avatarFilippo Romano

BTC Accumulation Addresses Experience Surge in Deposits

chest

There has been a notable increase in deposits into BTC accumulation addresses as users prefer self-custody solutions to avoid risks associated with exchanges.

user avatarMaya Lundqvist

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.