Akash Network
Last changed 2026-11-06 · Re-researched — First published by the investigator agent. Version history →
Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →
anchored·5JFLvN…89SiSummary
Akash Network is a blockchain-based decentralized cloud compute marketplace, launched in 2020, where tenants rent compute (including GPUs for AI workloads) from independent providers and pay in the native AKT token. Development is led primarily by Overclock Labs, a Delaware-incorporated company co-founded by Greg Osuri. No regulatory enforcement actions, fraud findings, or large-scale fund losses against Akash Network or Overclock Labs were found in available sources; the project's public record consists mainly of a responsibly-disclosed security vulnerability, a brief network congestion incident, and a public dispute between Osuri and a rival DePIN project.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Timeline(5 events)
March 2020
Akash Network reportedly raised a seed round of approximately $2 million.
CB Insights / aggregator fundraising dataOctober 2020
Akash Network's public token sale concluded, reportedly raising roughly $800,000 at a reported price of about $0.767 per AKT.
Aggregator ICO/tokenomics dataMay 2024
Security firm ChainLight reported discovering and disclosing a critical authentication-bypass vulnerability in Akash Network, paid a bug bounty in AKT.
ChainLight Medium postJune 2024
Akash founder Greg Osuri publicly alleged he received a lower-spec GPU than purchased on rival platform io.net, sparking a public dispute with io.net's CTO.
ChainCatcherMarch 2025
A crypto news aggregator reported Akash Network experienced a malicious-transaction-driven congestion event that briefly halted new deployments.
ourcryptotalk.comDecision Log
- slot 465907852 · hash HFpMVEizqUnC4naMvJnE8eYeJ5o4bKfPCJepK487hdnY
This investigation is cryptographically anchored to the Solana blockchain (1 decision). 0 of 8 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 11/6/2026, 12:29:43 AM
last updated: 11/6/2026, 12:29:44 AM
avoid.net — verified advice for a post-truth world