• 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

Kaspersky Uncovers New Malware Stealka Targeting Crypto Users

chest

Kaspersky has discovered a new infostealer malware named Stealka that targets crypto wallets and browser extensions by disguising itself as game cheats and mods.

user avatarAndrew Smith

US Federal Reserve Proposes Limited Access for Crypto Firms

chest

The US Federal Reserve has introduced a proposal for a 'skinny master account' that may allow limited access for crypto firms like Ripple and Circle, aiming to streamline payment processes while managing risks.

user avatarDavid Robinson

Ethereum Price Shows Signs of Recovery Above 2,950

chest

Ethereum price is recovering and consolidating above 2,950, with potential resistance at 3,050.

user avatarJacob Williams

Risks and Considerations for ASTER Trading Competition

chest

Traders considering participation in the ASTER competition are advised to understand the risks associated with futures trading, including leverage and funding rates.

user avatarZainab Kamara

Eligibility Criteria for ASTER Futures Trading Competition

chest

To qualify for the prize pool in the ASTER competition, participants must meet specific criteria including holding a minimum of 444 ASTER tokens, trading for over six days, and maintaining a position size over 30,000.

user avatarAyman Ben Youssef

ASTER Launches 12M Futures Trading Competition

chest

ASTER has launched a monumental futures trading competition with a 12 million prize pool, aimed at engaging serious crypto traders.

user avatarSon Min-ho

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.