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

Aethir and Injective Launch First-Ever Tokenized GPU Marketplace

user avatar

by Giorgi Kostiuk

10 months ago


Aethir and Injective have partnered to launch the world’s first tokenized GPU platform, aiming to revolutionize access and trade of computing resources.

What Are Tokenized GPUs?

GPUs have become essential in AI development due to their ability to perform massive parallel calculations at high speeds, which is vital for training machine learning models. The traditional GPU market dominated by companies like Nvidia presents barriers due to high costs and acquisition complexity. The Aethir and Injective partnership seeks to solve these issues by tokenizing GPU resources, making them accessible to a broader audience.

Advantages of Tokenized GPU Resources

This initiative offers several key benefits: 1. Fractional Ownership: Users can purchase only the compute power they need, eliminating large upfront investments. 2. Instant Utility & Composability: Tokenized GPUs can be seamlessly integrated into various applications. 3. Real-time Resource Trading: This dynamic marketplace allows for real-time buying, selling, or leasing of GPU compute power. 4. Smart Contract Integration: Smart contracts ensure that all transactions are automated, transparent, and secure. 5. Global Accessibility: Tokenized GPUs break down geographical barriers, providing high-performance computing resources worldwide.

Technical Details and the Role of ATH Token

Aethir and Injective combine their expertise to bring tokenized GPUs to market. Aethir operates one of the largest crypto GPU networks, ensuring reliable access to computing resources. Injective provides a platform for tokenizing real-world assets, including GPU compute power. The ATH token is used for purchasing computing power, rewarding network participants, and securing the network through staking.

The partnership between Aethir and Injective opens new possibilities at the intersection of AI and blockchain technologies, offering revolutionary solutions for advancing these fields.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Animoca Brands to Pursue Nasdaq Listing via Reverse Merger

chest

Animoca Brands is set to pursue a reverse merger with Currency Group to facilitate a Nasdaq listing, aiming to expand its investment portfolio in Web3.

user avatarMaria Fernandez

Animoca's Investment Strategy Resembles Early Internet Ventures

chest

Yat Siu, cofounder of Animoca Brands, compares the company's investment strategy to early internet ventures, emphasizing a diversified approach across various altcoins in the Web3 ecosystem.

user avatarGustavo Mendoza

Amundi Introduces Tokenized Share Class for Euro Money Market Fund

chest

Amundi has launched its first tokenized share class for a euro money market fund, allowing investors to choose between traditional and blockchain-based options.

user avatarRajesh Kumar

Apeing Emerges as a Promising Meme Coin with Whitelist Access

chest

Apeing is gaining attention in the crypto market with its community-first approach and early access whitelist mechanism.

user avatarFilippo Romano

Litecoin and Tron Provide Stability and Scalability in Crypto

chest

Litecoin and Tron are recognized for their stability and scalability, appealing to a range of investors.

user avatarLucas Weissmann

Dogecoin DOGE Faces Technical Resistance Despite Acquisition Boost

chest

Dogecoin is experiencing a fragile recovery, boosted by a significant acquisition announcement but facing technical resistance.

user avatarEmily Carter

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.