• 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

BlackRock CEO Discusses Future of Asset Tokenization

chest

Larry Fink, CEO of BlackRock, discusses the future of asset tokenization, predicting a transition of traditional financial assets into tokenized versions over the next few decades.

user avatarSon Min-ho

Dropee Team Announces Upcoming Litepaper and Snapshot Date

chest

The Dropee team has confirmed the release of their litepaper and a snapshot date for token allocation.

user avatarTando Nkube

XRP Whales Remain Active Amid Short-Term Price Decline

chest

Despite a short-term price decline, XRP whales continue to trade actively, indicating market strength.

user avatarAyman Ben Youssef

Bybit Introduces BYUSDT Token for VIP Users

chest

Bybit has introduced BYUSDT, a proprietary token for VIP users, allowing them to convert USDT balances into trading margin while earning yield.

user avatarKofi Adjeman

Santiment Reveals Overvalued and Undervalued Cryptocurrencies

chest

Santiment reveals overvalued and undervalued cryptocurrencies using MVRV data, indicating XRP and Cardano are undervalued while Bitcoin and Ethereum are overvalued.

user avatarNguyen Van Long

Bitcoin Market Experiences Fluctuations Due to Infrastructure Developments.

chest

The Bitcoin market experiences fluctuations, with prices dipping below 90,000 and returning to around 92,000, while the demand structure shifts towards infrastructure solutions.

user avatarSatoshi Nakamura

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.