coin_name

Akash Network Price in India (AKT)

₹0

arrow_icon

NaN%

1D

1W

1M

6M

1Y

ALL

1D

1W

1M

6M

1Y

ALL

AKT to INR Converter

As per last price at 00:00:00, 01/01/70

INR

AKT

TRADE AKT NOW

chevron_right_black

AKT Performance

24H Low

-

24H High

-

Price Change 24H

-%

Price Change 7D

-%

AKT Market Information

Popularity

-

Market Cap

-

24H Volume

-

Circulation Supply

-

AKT Price Today

The live price of Akash Network is ₹ 0 per (AKT / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. AKT to INR price is updated in real-time. Akash Network is +0% in the last 24 hours with a circulating supply of .

About Akash Network (AKT)

What is Akash Network (AKT)?

The platform stands out in the decentralized cloud and cloud computing marketplace. Launched in 2018, the network provides an innovative marketplace for buying and selling cloud computing services. The Akash Network offers various advantages over centralized cloud service providers, including higher transparency and lower costs. 

Who founded Akash Network (AKT)?

The Akash Network was launched in March 2018 by Overclock Labs, a software development company started by Greg Osuri and Adam Bozanich. They are still attached to the Akash Network, with Greg Osuri serving as the CEO of Akash and Adam Bozanich as the CTO.

Primary features of Akash Network (AKT)

• Cloud computing: The network provides a decentralized cloud marketplace, enabling users to buy and sell computing.

• Peer-to-peer: Akash Network connects clients in a peer-to-peer and decentralized marketplace, without intermediaries.

• Interoperability: One of the prominent features of the Akash Network is interoperability with other blockchain ecosystems. The network can seamlessly interoperate with many cloud applications and businesses to engage in the decentralized cloud computing market.

• Open source: The network is an open-source platform maintained by a global team of developers. This promotes transparency among developers while ensuring continuous improvement of the ecosystem.

Is AKT a promising cryptocurrency?

Since its inception, the AKT token has performed well in the crypto market. With the current price set at $3.48 (July 2024), the AKT token hit its all-time high of $8.08 in April 2021. In the past year, the AKT token grew over 500%, pushing its price from $0.30 to over $4. Looking ahead, AKT is set for a promising future and experts estimate the token to touch the $36 to $45 level by 2030. 

You can invest in AKT tokens via CoinSwitch by downloading the app.

How do I use AKT?

• Security: The AKT token is used to secure the Akash Network by incentivizing the network participants who contribute to the network security. 

• Governance: Token holders have the right to vote on proposals to improve the network and other major decisions related to the network’s future. 

• Value exchange: Akin to other cryptos, AKT is used to store and exchange value. It also serves as a reserve currency within the Cosmos multi-currency, multi-chain ecosystem.

Pros & Cons of AKT

Pros

• The blockchain uses a Proof-of-Stake (PoS) consensus mechanism which is greener and offers rewards to stakers.

• The platform is decentralized and community-driven, allowing token holders and developers to influence the network’s activity.

• Being a decentralized cloud service provider, the Akash Network is more cost-efficient compared to its centralized counterparts.

Cons

• Being built on the Cosmos blockchain, the AKT token relies on the success of the Cosmos ecosystem.

• The AKT token is subject to regulatory scrutiny and price volatility. 

• The AKT token is still new to the cloud computing world and is yet to attain mainstream recognition.

How to trade AKT on CoinSwitch?

• You can trade in AKT tokens via CoinSwitch starting with just ₹100.

• The CoinSwitch app can be easily downloaded and accessed by both new and seasoned traders. 

• Users can trade in AKT for just a nominal fee.

Akash Network (AKT) ICO summary

The Akash Network (AKT) ICO began in 2020 and raised $800,000. It ended on October 15, 2020, with an ICO price of $0.7673 per token. George Burke, an angel investor, and venture capital firm Infinite Capital made initial investments.

Bitcoin Resources

1. How do I buy Akash Network?

chevron_down

To buy Akash Network, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find Akash Network.

Step 3:

Once you find Akash Network and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of Akash Network?

chevron_down

The price of 1 Akash Network is ₹0.

Note: Akash Network prices are subject to change in the future based on market trends.

3. What is the price of Akash Network today?

chevron_down

The current price of 1 Akash Network is ₹0.

Note: Akash Network prices are subject to change in the future based on market trends.

4. Can I buy Akash Network for ₹100?

chevron_down
Yes! You can buy Akash Network for as low as ₹100 on the CoinSwitch app.

5. How much is 1 Akash Network in rupees?

chevron_down
The current value of 1 AKT is ₹0.

6. What is the current trend in Akash Network?

chevron_down
AKT has been NaN% in the last 24 hours.

Related Articles

article

Income Tax Slabs Rate FY 2023-2024 (AY 2024-25)

Simply put, income tax is levied by the central government on the income earned by individuals and businesses in a financial year.

article

10 Cheapest Cryptocurrencies To Invest in India

The crypto market is not just about Bitcoin and Ethereum. There are numerous crypto projects that have strong growth potential and have been known to give investors good returns.

article

Spot Trading vs. Futures Trading in Crypto: How Are They Different?

In crypto trading, traders use two popular methods—spot trading and futures trading. Both methods have their characteristics and benefits but they also come with risks.

article

Bitcoin Price Prediction & Forecast 2024-2050

Bitcoin, the first decentralized crypto, operates as a digital and decentralized form of currency. It enables peer-to-peer transactions without the need for intermediaries like banks or financial institutions.

AKT to INR Converter

As per last price at 00:00:00, 01/01/70

INR

AKT

TRADE AKT NOW

chevron_right_black
price_banner