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DePIN / ComputeWatchingPublic

Akash Network

Cosmos-based decentralized cloud — earliest DePIN cloud — slower growth

Key metrics

Stage
Public
Raised
Founded
2018
Team
25
Geography
Distributed / US
Updated
2026-05-27

Lead investors

Grey’s take

The read.

Pioneer but slow to capitalize on AI boom. Tech solid. Question: can they catch io.net/Render in mindshare and developer adoption?

7-axis evaluation

The full read.

01

Team & Execution

Assessment in progress.

02

Tech & Differentiation

Assessment in progress.

03

Tokenomics & Economics

Assessment in progress.

04

Traction & Adoption

Assessment in progress.

05

Funding & Backers

Assessment in progress.

06

Narrative & Market Fit

Assessment in progress.

07

Risk Vectors

Assessment in progress.

Full evaluation populates from Airtable per project. See framework →

Why this tier

Watching tier means strong on some axes, unproven on others. Worth following, not yet worth pushing to funds in the Lookout network. Tier moves on new signal. How I evaluate →

Disclosure

No advisory relationship at time of writing. If that changes, this page updates first.