• 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

The Shift from Sharpe Ratio to Sortino Ratio in Risk Assessment

chest

The shift from Sharpe Ratio to Sortino Ratio in risk assessment highlights the advantages of focusing on downside risk for better investment evaluation.

user avatarElias Mukuru

Understanding the Importance of Risk-Adjusted Return in Modern Finance

chest

In modern finance, Risk-Adjusted Return (RAR) is a critical metric for evaluating investment performance, emphasizing the balance between returns and risk.

user avatarDiego Alvarez

Anchorage Digital and Western Union Launch USDPT Stablecoin on Solana

chest

Anchorage Digital and Western Union have announced the launch of USDPT, a federally regulated stablecoin on the Solana blockchain, set to enhance global payments starting in 2026.

user avatarKenji Takahashi

GiveDirectly Plans Pilot Programs for Innovative Cash Transfers

chest

GiveDirectly is planning to implement pilot programs for parametric insurance and anticipatory cash transfers using RLUSD.

user avatarMaria Fernandez

Waterorg Enhances Ripple Payments for Streamlined Fund Transfers.

chest

Waterorg is expanding its use of Ripple Payments across Latin America to improve access to safe water and sanitation solutions.

user avatarRajesh Kumar

World Central Kitchen Leverages Ripple for Faster Fund Distribution

chest

World Central Kitchen is using Ripple's blockchain technology to expedite fund distribution to local partners in areas with limited banking infrastructure.

user avatarGustavo Mendoza

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.