.@Acurast TGE is just a week away. Here's what you need to know ⤵️
$ACU powers the world’s first user-owned cloud, connecting users, developers, and compute providers within a verifiable economy.
Phones executing compute tasks earn cACU, which can be converted 1:1 to ACU after the TGE on November 17.
The total supply is 1 billion, and ACU sustains the network through:
▸ Staking and workload verification
▸ Network fees
▸ Settlements between developers and processors
▸ Governance of network upgrades and parameters
Only tokens designated for the community and community support will unlock at the TGE.
All other allocations are locked for at least 24 months post-TGE and will be released gradually over this period.
70% of the token supply is allocated to the community, including the Community Treasury, TGE Community Activation, Operational Funds, and Liquidity Provision. These allocations reward those who maintain long-term alignment with Acurast.
More details can be checked on our post here:
.@Acurast builds a cloud from what’s already in everyone’s pocket.
Each phone acts as a trusted compute node, processing data, verifying transactions, and running AI workloads.
► Metrics
▸ 140K+ smartphones across 140+ countries
▸ 1M+ daily on-chain transactions (465M+ total)
▸ $10.9M raised from @CoinList, @gavofyork, and @Sigma_VC
▸ Live mainnet processing verifiable workloads globally
▸ Compatible with major ecosystems including @ethereum, @arbitrum, @base, @0xPolygon, @BNBCHAIN, @tezos, @Aleph__Zero, @AstarNetwork, and more
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► Why it matters
Traditional clouds like AWS and Azure are costly and centralized.
$ACU flips that model by using phones that are 117x cheaper than servers, with hardware-level verification and privacy at scale.
Recent partnerships with @linera_io and @Pact_Swap expand its reach, combining verified compute with microchains and DePIN liquidity.
The future of compute will run on billions of connected devices, not in data centers.
— Disclaimer
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