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

Tokenized GPU Marketplace: Aethir and Injective Partnership

user avatar

by Giorgi Kostiuk

a year ago


Aethir has partnered with Injective to launch the world's first tokenized GPU marketplace, aiming to revolutionize access to and trading of computing resources.

What Are Tokenized GPUs?

GPUs are critical to AI development due to their capacity for massive parallel calculations, essential for training machine learning models. The partnership addresses the issue of GPU accessibility by introducing a tokenization system, broadening access to these resources.

Advantages of Tokenized GPU Resources

The initiative introduces several features poised to disrupt the traditional GPU market: 1. Fractional ownership allows users to purchase only the compute power they need. 2. Instant utility and composability enable easy integration of tokenized GPUs into various applications. 3. Real-time resource trading allows compute power purchases, sales, and leases based on immediate needs. 4. Smart contract integration ensures automation and transparency in transactions. 5. Global accessibility breaks down geographical barriers for high-performance resources.

Technical Aspects and ATH Token Role

Aethir and Injective bring their expertise to market tokenized GPUs. Aethir operates one of the largest GPU networks, while Injective offers a platform for asset tokenization. The ATH token is used to purchase compute power, reward network participants, and secure the network through staking, benefiting all system stakeholders.

The partnership between Aethir and Injective strengthens the integration of AI and blockchain technologies, offering innovative solutions for enhanced accessibility and trading of computing resources, opening new opportunities for developers and ecosystem participants.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Price Approaches Cyclical Bottom

chest

Recent analysis indicates that Bitcoin is currently at a significant price level, suggesting a potential cyclical bottom.

user avatarLi Weicheng

Bitcoin Price Declines Amid Bear Market

chest

Bitcoin's price is significantly below its all-time high, indicating a bear market.

user avatarAisha Farooq

Bitcoin Sharpe Ratio Indicates Market Conditions

chest

The Bitcoin Sharpe Ratio is at a historically low level, suggesting high risks for current investors.

user avatarTenzin Dorje

CFTC Expands Eligible Margin Collateral to Include National Trust Bank Issued Stablecoins

chest

The CFTC has updated its advisory to recognize payment stablecoins issued by national trust banks as eligible margin collateral.

user avatarBayarjavkhlan Ganbaatar

Digital Asset Firms Push for National Bank Charters to Enhance Credibility

chest

Digital asset firms are competing for national bank charters to enhance credibility and expand services under federal oversight.

user avatarElias Mukuru

Bitcoin Mining Difficulty Sees Major Drop Amid Price Struggles

chest

Bitcoin mining difficulty has dropped significantly, marking the largest adjustment since China's crackdown on mining.

user avatarMohamed Farouk

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.