/1 Thought of doing a thread on Akash $AKT, explaining why it could be a game-changer in the decentralised cloud computing space. @akashnet_ has leveraged blockchain to build a decentralised cloud hosting solution that seeks to disrupt the cloud computing industry. #AWS #Azure 
/2 Akash is the first distributed peer-to-peer open cloud computing marketplace. Akash is a serverless computing platform. Think #Uber, think #AirBnb. Akash cuts out the middleman in a similar vein.
/3 Hence, Akash is positioned to disrupt giants in the industry such as #AWS, #Azure and #Google, much the same way Airbnb disrupted the lodging and vacation rental industry.
/4 Akash is essentially two-fold. On the one hand you have the Akash Network, which is an on-chain marketplace which is fully decentralised. This is where you can lease computing resources.
/5 On the other hand, you have the Akash Platform, which is off-chain and consists of cloud management services which are utilised to host and manage workloads.
/6 An order is created in the following manner; a developer request to deploy creates an order. This is communicated to providers and providers who meet the requirements of the order, place their bids.
/7 The provider with the lowest bid wins and has to lease a container to the developer to deploy as per the order. Part of the lease amount is credited as payment to the blockchain.
/8 Statistics show that approximately 85% of cloud capacity is underutilised in 8.4 million data centers around the world. That is an enormous amount of computing power which is untapped. Akash intends to tap into and use this compute power in a decentralised way.
/9 Akash will let anyone buy and sell cloud computing. It's completely decentralised. Whilst on-chain data is immutable and a public record of all transactions, including each provider’s fulfillment history.
/10 Data centers worldwide can benefit from such a decentralised marketplace. Since Akash is compatible with all cloud providers and cloud apps, a company can easily move their cloud based infrastructure over to Akash. It's a win-win for all concerned. Again think Uber, AirBnb.
/11 Cloud deployments using Akash is cost-efficient, permissionless, sovereign and censorship-resistant and decentralised. Think of this, Dapps on blockchains are mostly decentralised. However, web application in these Dapps run on centralised cloud providers such as @awscloud.
/12 With Akash Dapps on blockchains can be fully independent of centralised control. Akash is still very much in its infancy. Akash is poised to take the cloud by storm, and rise to prominence just the same way industry disruptors such as #Netflix,#AirBnB and #Uber did.
/13 If you're an investor in $AKT, the native utility token, used to govern, secure the blockchain, incentivize participants, and provide a default mechanism to store and exchange value, you might be investing in something that is set to explode in the near future.
/14 Holders of $AKT will not only benefit from (APY 40%+) inflationary rewards common to most #Cosmos chains, but will also earn a share of the total network spend in 2022. Investing in $AKT might be similar to being an early investor in Uber or Netflix. The future is #DeCloud
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