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

Aethir and Injective: Revolutionizing the Tokenized GPU Market

user avatar

by Giorgi Kostiuk

a year ago


Aethir and Injective have announced the launch of the world's first tokenized GPU marketplace, set to revolutionize access and trade of computing resources.

What Are Tokenized GPUs?

GPUs are integral to AI development due to their ability for massive parallel calculations essential for machine learning. The market is dominated by firms like Nvidia, leading to costly acquisition processes. The partnership between Aethir and Injective aims to solve this by enabling tokenization of GPU resources to make them more widely accessible.

Advantages of Tokenized GPUs

This initiative offers several key features disrupting the traditional GPU market: 1. Fractional Ownership: Users can obtain only the required compute power, preventing large upfront hardware costs. 2. Instant Utility & Composability: Easily integrates into projects such as DeFi applications. 3. Real-time Resource Trading: New market dynamics for buying, selling, or leasing compute power instantly. 4. Smart Contract Integration: Ensures all transactions are automated, transparent, and secure. 5. Global Accessibility: Tokenized GPUs break down geographical barriers, offering high-performance resources worldwide.

Technical Aspects and Role of ATH Token

Aethir and Injective are combining their expertise to bring tokenized GPUs to market. Aethir manages a large crypto-GPU network, while Injective provides a platform to tokenize real-world assets like GPU compute power. The ATH token is crucial, facilitating purchasing power, rewarding network participants, and securing the network.

The partnership between Aethir and Injective reflects a broader trend of integrating AI and blockchain technologies, fostering new advancements in these fields.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Understanding the Risks of Investing in Republic Europe's SPV for Kraken

chest

Investors in Republic Europe's SPV must understand the risks associated with indirect exposure to Kraken, including illiquidity and concentration risk.

user avatarMaya Lundqvist

Geopolitical Tensions Impact Crypto Market

chest

Geopolitical tensions, including threats from former President Trump and military movements in the Middle East, have significantly impacted the crypto market, leading to increased volatility and a crisis of confidence among investors.

user avatarLi Weicheng

Republic Europe's SPV for Kraken Investment Backed by CySEC Regulation

chest

Republic Europe's launch of a Special Purpose Vehicle (SPV) for indirect exposure to Kraken is backed by the regulatory framework of the Cyprus Securities and Exchange Commission (CySEC).

user avatarLeo van der Veen

Digitap Emerges as Key Beneficiary Amid Bitcoin Sell-Offs

chest

Digitap is gaining traction among investors as a leading option for real-world utility amidst Bitcoin sell-offs.

user avatarAisha Farooq

Digitap Positioned as High-Growth Alternative to Bitcoin

chest

Digitap is emerging as a high-growth alternative to Bitcoin, attracting significant interest from investors seeking substantial returns.

user avatarTenzin Dorje

Avalanche AVAX Breaks Resistance and Sparks Optimism

chest

Avalanche AVAX has regained attention after breaking above a long-term descending resistance line, indicating potential trend reversals.

user avatarBayarjavkhlan Ganbaatar

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.