Why Now Is The Best Time To Start Staking $AKT On Akash Network
If you aren’t already staking $AKT, it’s time to act.
As the only actionable decentralized alternative to super expensive centralized cloud computing services of oligarchs like Amazon, Google, and Microsoft who control over 80 percent of the estimated $370 billion dollar market, Akash DeCloud is already grabbing eyeballs of DApp developers globally.
Apart from an average of 55% APY (one of the best right now), there is much more that makes ignoring Akash an incredibly difficult choice.
- Cloud computing is the future and “Decentralized Cloud” is the only scalable option: For developers, IT services providers, online business operators or anyone who actively needs cloud services ( especially from the top-three providers, Amazon, Microsoft, and Google), costs are chokingly high.
The market is totally ripe for an innovative intervention and Akash is delivering exactly what is required.
Akash MAINNET 2, which is a first-of-its-kind open-source cloud, allows developers and businesses to decentralize their cloud infrastructure and avail better services for a fraction of what they have to shell out now. With Akash, the costs are lower by at least 200 to 300 percent.
Leveraging blockchain technology, Akash’s permission-less decentralized cloud infrastructure facilitates optimum utilization of underutilized data at data centers across the globe. It also allows buying and selling of cloud computing capacity through an on-chain computing system which effectively means entities that own data centers will now be able to sell their unused cloud when they are not fully utilizing it, and when at peak of their requirement they will be able to purchase computing capacity with the credit they earn.
- No Compromise With Efficiency: A major concern with Akash’s idea was, will decentralized and permission-less cloud computing as envisioned by Greg (CEO Akash Network) and his team be as efficient as that of the conventional cloud services providers.
With the successful launching of Akash MAINNET 2, the world’s first open-source cloud, we now have the answers. The permission-less decentralized cloud is as efficient and perhaps better.
On mainnet 2, developers are now able to launch applications such as Defi-apps, blogs, games, data visualizations, block explorers, blockchain nodes, and other blockchain network components.
Before It Moons: A healthy and steady surge in $AKT prices since Akash launched its Akash MAINNET 2, the first open-source cloud, indicates a larger crypto community of private investors is gradually becoming more and more confident of Akash’s potential.
Akash has several products in the pipeline and has been consistently delivering on its promises. As Akash’s investor base is steadily growing, experts project a minimum of 10x to 15x surge in prices by the end of 2021 or by the first quarter of 2022. The ongoing bullish market and overall investor confidence in altcoins can trigger the prices further.
- Staking Dynamics May Change Soon: Currently, Akash is offering a 55% APY; however, there is no guarantee it will last forever. It may end soon. Akash has a cap on the maximum supply of the $AKT tokens, no more than 388 million tokens will be created. Inflation is already dropping every day. If you’re even remotely considering adding Akash to your portfolio, the time is now. The golden rule is early adopters get the maximum and $AKT is no exception.
Right now, at ValidatorNode we ensure ~60% returns Staking $AKT tokens. With 99.99% uptime, your guaranteed returns are consistent.
At the time of publishing this article, Akash is trading around $7.00. You can easily purchase $AKT on several of the popular exchanges (AscendEX, Bitmart, Digifinex, and Gate.io), however, we recommend using Gate.io.
To know more about purchasing $AKT tokens using Gate.io please refer to our detailed guide here: A Step By Step Guide On Purchasing Akash ($AKT) Using Gate.io
If you’re new to purchasing cryptocurrencies, you can also refer to this detailed guide on purchasing bitcoins or other cryptocurrencies directly from Coinbase via a bank draft: How To Purchase Crypto (Via Bank Drafts) Using Coinbase.
No doubt, Akash is one of the most powerful blockchain projects out there, and now is the best time to start staking $AKT to make the most.
