• 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

Macro Events and Seasonal Factors Impacting Bitcoin Market

chest

Seasonal narratives and macro events are influencing Bitcoin's market performance as traders anticipate liquidity shifts.

user avatarTando Nkube

Key Macro Events to Watch for Crypto Traders

chest

This week, crypto traders should pay close attention to key macroeconomic events, including the FOMC minutes on February 18 and the PCE inflation print on February 20.

user avatarNguyen Van Long

Coinbase CEO's Stock Sales Under Scrutiny Amid Retail Investor Confidence

chest

Coinbase CEO Brian Armstrong's stock sales, totaling over $550 million, have raised concerns about retail investor confidence in the cryptocurrency market.

user avatarKofi Adjeman

Jupiter DAO to Vote on Emissions Policy

chest

On February 17, Jupiter DAO will vote on whether to pause emissions, impacting token policy and market expectations.

user avatarSatoshi Nakamura

ETHDenver Begins with Exciting Events

chest

ETHDenver's main programming and opening ceremony are set to kick off on February 18, featuring a packed schedule of activities across multiple days.

user avatarJesper Sørensen

XRP Price Shows Potential for Breakout Amid Liquidity Imbalance

chest

Analysts indicate that XRP is poised for a significant price movement due to a growing liquidity imbalance.

user avatarRajesh Kumar

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.