• 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

a year 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

Stellar Tests Long-Term Support Amid Market Pressure

chest

Stellar is testing the 0.18 support level, showing signs of moderating bearish pressure.

user avatarSatoshi Nakamura

Grow California Emerges to Balance Union Influence

chest

Grow California has emerged as a political network aimed at countering union influence in California, backed by billionaires Chris Larsen and Tim Draper, focusing on supporting moderate candidates in legislative races.

user avatarJesper Sørensen

Crypto Billionaires Invest $40M in California Politics

chest

Billionaires Chris Larsen and Tim Draper are investing $40 million in California politics to counter union-backed wealth tax efforts.

user avatarLucas Weissmann

Republic Europe Launches SPV for Indirect Investment in Kraken

chest

Republic Europe launches SPV for indirect investment in Kraken, enabling European retail investors to participate in the cryptocurrency exchange ahead of its US IPO.

user avatarRajesh Kumar

Opportunities in Brown-to-Green Office Retrofits in the Nordics

chest

The office sector in the Nordic region is experiencing a significant bifurcation, leading to new opportunities for investors to retrofit brown assets to meet green standards.

user avatarKaterina Papadopoulou

Defense Infrastructure Becomes a Key Asset Class in Nordic Real Estate

chest

The Nordic real estate market is undergoing a significant transformation as defense and public security infrastructure becomes a key institutional asset class due to increased defense spending and geopolitical tensions.

user avatarFilippo Romano

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.