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

Aethir and Injective Unveil Tokenized GPU Marketplace Initiative

user avatar

by Giorgi Kostiuk

a year ago


Aethir and Injective have partnered to create the world's first tokenized GPU marketplace, aiming to transform how computing resources, specifically GPUs, are accessed and traded.

What Are Tokenized GPUs?

GPUs are crucial for AI development due to their ability to perform massive parallel calculations. The partnership between Aethir and Injective aims to address the high cost and opacity of acquiring GPUs by tokenizing these resources, making them more accessible.

The Advantages of Tokenized GPU Resources

The initiative offers several benefits: fractional ownership allows users to buy only the compute power needed; tokenized GPUs can be integrated into various applications; the marketplace enables real-time trading; smart contracts automate and secure transactions; and tokenized GPUs provide global access to powerful resources.

Technical Aspects and the Role of ATH Token

Aethir operates a large crypto GPU network, ensuring resource access. Injective provides a platform for tokenizing real-world assets, including GPUs. The ATH token is vital, used to purchase computing power and reward network participation.

The partnership between Aethir and Injective is part of a broader trend towards integrating AI and blockchain technologies, enhancing liquidity, market efficiency, and innovation in these fields.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

UCN Coin Surges as Crypto Market Faces Major Losses

chest

UCN Coin experiences growth in November 2023 despite significant losses in the crypto market, driven by grassroots adoption and a strong ecosystem.

user avatarMaya Lundqvist

Solo Mining Trend Emerges Amidst Industrial Competition

chest

A trend of solo mining is emerging, supported by advancements in mining pool technology.

user avatarLi Weicheng

Bitcoin Mining Market Faces Increased Competition and Declining Output

chest

The Bitcoin mining market has grown in complexity and competitiveness, with a significant decline in mining output despite rising hashrate.

user avatarLeo van der Veen

Bitcoin's First Halving Anniversary Sparks Industry Changes

chest

Thirteen years after Bitcoin's first halving, the mining industry is evolving with a rise in solo mining and industrial consolidation.

user avatarAisha Farooq

KuCoin Launches Black Friday Flash Deals for KuCard

chest

KuCoin has launched Black Friday Flash Deals for its KuCard, offering up to 20% cashback and prizes to encourage spending and attract new users.

user avatarTenzin Dorje

Best Wallet Token Achieves Major Fundraising Success

chest

Best Wallet Token raised over 181 million in one of the largest wallet-related presales, transitioning to live trading.

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.