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| Name | What is Akash Network? (Explanation, Consensus, AKT Tokenomics) |
| Video Uploader | Video From I Explain Crypto |
| Upload Date | This Video Uploaded At 22-11-2023 05:00:23 |
| Video Discription | 🤔 What is Akash Network? Akash Network also known by the market ticker AKT, is a blockchain-based and decentralized cloud computing platform that aims to provide a secure and open marketplace for cloud resources. 💡 What makes Akash Network unique? What makes Akash truly unique is the way it has not pitched itself as a cryptocurrency just used for network payments, but pitches itself more so as a unit of measure for pricing settlements on its platform. 💰 AKT Tokenomics AKT has a maximum supply of around 388 million tokens, with 100 million being released at launch, and the rest slowly being released over time. In the beginning, AKT was launched with a high level of inflation which helped to keep the costs of service low and increased early adoption. This inflation rate is set to halve every 2-to-4 years, until 2030 when the last of the 388 million will have been released. 👀 Read More about Akash Network: https://www.iexplaincrypto.com Timestamps ⏳ 00:00 Intro 1:22 What is Akash Network? 2:51 How does Akash Network work? 5:39 What makes Akash Network unique? 6:48 AKT Tokenomics ❓ Q & As ❓ Start from the basics: 🎬 What Is BITCOIN: https://youtu.be/1orN8Nf9Qvw 🎬 What Is a BLOCKCHAIN: https://youtu.be/peHo3V4Dv4Q 🎬 Banks vs Cryptocurrencies: https://youtu.be/VMrV_9dojQE 🎬 Decentralized Finance vs Centralized Finance: https://youtu.be/LS6EtV1lsdU 🎬 Crypto Technical Analysis: https://youtu.be/9b-tiM4HxMk 🤔 Who am I and why you should subscribe to this channel. Welcome to my YouTube channel! Here, you'll find a collection of educational content covering Blockchain technology, Cryptocurrency topics & NFTs. My goal is to share my passion for learning and help others gain knowledge and understanding on Crypto. As the creator of this channel, I am dedicated to producing high-quality content that is engaging, informative, and easy to understand by using whiteboard animations. Whether you're a crypto-investor, a crypto-user, or simply someone who is keen on learning about this technology, you'll find something valuable here. I believe that education should be accessible to everyone, regardless of their background or level of experience. That's why my channel is designed to be inclusive and welcoming to all viewers. Whether you're a beginner or an expert, I guarantee you'll find valuable and easy to understand content here. Thank you for visiting my channel, and I hope you enjoy the content! Don't forget to like, comment, and subscribe to stay up-to-date with the latest videos! 🫶 Subscribe: https://www.youtube.com/channel/UCExToNpOtBavkYqSqqDyQ5w?sub_confirmation=1 🤓 If you enjoy reading instead, click here to visit my Webpage: https://www.iexplaincrypto.com/articles/ 😍 Follow me on Twitter for more: https://twitter.com/vasilis_punk |
| Category | Education |
| Tags | What is Akash Network? | Akash Network simply explained | Akash Network explained with animations | Akash Network explained for beginners | AKT tokenomics | What is AKT? | AKT token |
