Fact-check findings
What an automated fact-checker found when it re-read AKT against the sources the page cites. Only the most recent review is shown.
These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
disputed
3 claimsThe reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.
- #3[disputed][awaiting moderator]in section: Entity Overview and Founding
“A third co-founder, Boz Menzalji, joined as COO at mainnet launch.”
reviewerBoz Menzalji was a third co-founder who joined as COO at mainnet launchIndependent profiles consistently describe only Osuri and Bozanich as co-founders and list Menzalji (originally titled 'General Manager') as a later-joining COO/executive, not a founder. No source calls him a co-founder.Proposed correction (not yet applied)Boz Menzalji joined as COO at mainnet launch. - #7[disputed][awaiting moderator]in section: Token and Funding History
“AKT launched its Token Generation Event (TGE) on October 21, 2020, priced at approximately $0.39 per token.”
reviewerAKT's Token Generation Event occurred on October 21, 2020Third-party aggregators disagree on the exact date (Oct 15, 16, 20, or 21), but Akash's own blog announcement gives Oct 15 (auction) / Oct 16 (listing), which this reviewer could access directly and treats as the higher-credibility source.Proposed correction (not yet applied)AKT launched its Token Generation Event (TGE) on October 16, 2020, priced at approximately $0.39 per token. - #25[disputed][awaiting moderator]in section: Partnerships, Integrations, and Market Position
“In April 2024, Brev.dev, a GPU cloud service that integrated Akash's compute network, was acquired by NVIDIA.”
reviewerBrev.dev, integrated with Akash's compute network, was acquired by NVIDIA in April 2024This section's own timeline entry elsewhere on the page correctly dates the NVIDIA acquisition to 2024-07-16, consistent with external reporting (CB Insights, UBOS); the prose in this section instead says 'In April 2024...was acquired by NVIDIA', which conflates the April 2024 Akash/Brev integration announcement with the later July 2024 acquisition date. The page is internally inconsistent on this point.Proposed correction (not yet applied)In July 2024, Brev.dev, a GPU cloud service that integrated Akash's compute network, was acquired by NVIDIA.
unverifiable
7 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #8[unverifiable][awaiting moderator]in section: Token and Funding History
“An IEO hosted on BitMax raised $800,000 at $0.35 per token.”
reviewerBitMax IEO raised $800,000 at $0.35 per tokenThe $800,000 figure and the $0.35 price each appear in different, mutually inconsistent secondary sources; the cited cryptorank.io page could not be fetched directly (403) to resolve which combination it actually reports. - #13[unverifiable][awaiting moderator]in section: Token and Funding History
“As of mid-2026, AKT's market capitalization was approximately $202 million.”
reviewerAs of mid-2026, AKT market cap was approximately $202 millionAKT market cap is highly volatile; $202M is plausible within the observed range but could not be pinned to a dated, authoritative snapshot. - #18[unverifiable][awaiting moderator]in section: Security: Critical Vulnerability Disclosure (April-May 2024)
“The vulnerability was identified on April 28, 2024, reported on April 29, 2024, and Akash Network patched and deployed a fix to production on May 1, 2024 — a response time of approximately three days.”
reviewerVulnerability was identified April 28, 2024, reported April 29, 2024, patched May 1, 2024 (~3-day response)Could not confirm or refute the exact day-level dates from a source this reviewer could load directly; flagging the conflicting secondary indication for a human to check against the primary article. - #21[unverifiable][awaiting moderator]in section: Network Incident: Spam Attack (March 2025)
“The incident had downstream effects, with the average number of daily active leases declining 24% from Q1 to Q2 2025 (from 868 to 659 daily active leases).”
reviewerDaily active leases declined 24% from Q1 to Q2 2025 (868 to 659)Specific figure could not be checked against the paywalled cited report or any other source found. - #24[unverifiable][awaiting moderator]in section: Governance Centralization Concerns
“Active providers declined 11% quarter-over-quarter in Q3 2025, partly attributed to smaller operators exiting as GPU pricing tightened and the network prepared for the Starcluster protocol-owned GPU supply initiative.”
reviewerActive providers declined 11% QoQ in Q3 2025, partly due to Starcluster preparationStarcluster itself is real and correctly characterized, but the specific 11% provider-decline figure rests on a paywalled Messari report this reviewer could not access, and other Q3 2025 data points (fee revenue, new leases) actually show growth, raising some doubt without being a direct contradiction of provider count specifically. - #28[unverifiable][awaiting moderator]in section: Partnerships, Integrations, and Market Position
“In Q4 2024, new leases increased 274% quarter-over-quarter.”
reviewerIn Q4 2024, new leases increased 274% quarter-over-quarterCould not independently verify this specific percentage. - #30[unverifiable][awaiting moderator]in the timeline
“ChainLight identifies a critical authentication bypass vulnerability allowing impersonation of deployment owners”
reviewerChainLight identifies a critical authentication bypass vulnerability (timeline date 2024-04-28)Same underlying date uncertainty as the corresponding section finding; flagged separately because it is a distinct timeline field.
stale
3 claimsThe claim was accurate when written but events since have overtaken it.
- #6[stale][awaiting moderator]in section: Entity Overview and Founding
“All software is open-source under the Apache 2.0 license across 49 repositories on GitHub.”
reviewerAll Akash software is open-source under Apache 2.0 across 49 GitHub repositoriesRepository count is a point-in-time figure that has grown since the page was researched; the live count is materially higher than stated.Proposed correction (not yet applied)All software is open-source under the Apache 2.0 license across 74 repositories on GitHub. - #12[stale][awaiting moderator]in section: Token and Funding History
“A dynamic inflation model adjusts between 4% and 8% annually based on the network's bonded staking ratio, with inflation split 50/50 between community pool and stakers.”
reviewerDynamic inflation model adjusts between 4% and 8% annually, split 50/50 between community pool and stakersThe 4-8%/50-50 figures reflect the pre-Proposal-322 regime. Current on-chain data and an August 2026 third-party analysis both indicate the lower 3-4% band and 70/30 split are now in effect, though this reviewer could not access a dated primary source confirming the exact proposal-passage date.Proposed correction (not yet applied)A dynamic inflation model adjusts between 3% and 4% annually based on the network's bonded staking ratio, with inflation split 70/30 between community pool and stakers. - #23[stale][awaiting moderator]in section: Tokenomics Concerns: Reduced AKT Demand
“The current validator bonding rate has been reported below the 67% target, while inflation has reached its ceiling of 8%, limiting the network's ability to use inflation incentives to attract additional stakers.”
reviewerValidator bonding rate below 67% target while inflation has reached its ceiling of 8%The bonding-rate-below-target claim holds up, but the '8% ceiling' appears superseded by a 2026 governance change lowering the ceiling to 4%, which current on-chain data is consistent with.Proposed correction (not yet applied)The current validator bonding rate has been reported below the 67% target, while inflation has reached its new ceiling of 4%, limiting the network's ability to use inflation incentives to attract additional stakers.
confirmed
17 claimsThe cited evidence supports the claim as written.
- #1[confirmed][no action needed]in section: Ticker Disambiguation
“A search across major aggregators (CoinGecko, CoinMarketCap, Coinbase, Kraken) returns Akash Network as the sole prominent entity using this ticker at meaningful market capitalization.”
reviewerAkash Network is the sole prominent entity using the AKT ticker at meaningful market capStraightforward ticker-disambiguation claim, not contradicted by any search result. - #2[confirmed][no action needed]in section: Entity Overview and Founding
“The project was founded in 2015 by Greg Osuri (CEO) and Adam Bozanich (CTO) under Overclock Labs, a US-based software development company.”
reviewerAkash Network was founded in 2015 by Greg Osuri (CEO) and Adam Bozanich (CTO) under Overclock LabsCorroborated independently. - #4[confirmed][no action needed]in section: Entity Overview and Founding
“Greg Osuri is a 25-year open-source veteran and co-founder of AngelHack, a global hackathon organization.”
reviewerGreg Osuri is a 25-year open-source veteran and co-founder of AngelHackMatches cited source verbatim. - #5[confirmed][no action needed]in section: Entity Overview and Founding
“Prior to Akash, Osuri worked at IBM and led the design of Kaiser Permanente's first cloud architecture in 2008.”
reviewerOsuri worked at IBM and led Kaiser Permanente's first cloud architecture design in 2008Matches cited source. - #9[confirmed][no action needed]in section: Token and Funding History
“A private round in Q1 2020 raised $2 million at $0.0591 per token, with investors including Digital Asset Capital Management (DACM), Infinite Capital, and Cypher Capital.”
reviewerPrivate round in Q1 2020 raised $2 million at $0.0591/token from DACM, Infinite Capital, Cypher CapitalRound size, timing and investor list are corroborated across independent aggregators; the exact per-token price was not separately confirmed but is not contradicted. - #10[confirmed][no action needed]in section: Token and Funding History
“Total funding across all rounds was approximately $2.8 million.”
reviewerTotal funding across all rounds was approximately $2.8 millionMatches independent aggregator figure. - #11[confirmed][no action needed]in section: Token and Funding History
“The maximum token supply is capped at 388,539,008 AKT, expected to be fully issued by 2050.”
reviewerMaximum token supply is capped at 388,539,008 AKTMax supply figure confirmed by multiple aggregators; the 'fully issued by 2050' projection was not independently verified but was not contradicted. - #14[confirmed][no action needed]in section: Token and Funding History
“The token reached an all-time high of approximately $8.07 before declining significantly.”
reviewerAKT reached an all-time high of approximately $8.07Confirmed by multiple independent trackers. - #15[confirmed][no action needed]in section: Regulatory and Legal Status
“No regulatory actions from the SEC, CFTC, DOJ, or any other governmental authority have been identified against Akash Network, Overclock Labs, Greg Osuri, Adam Bozanich, or the AKT token as of the investigation date.”
reviewerNo regulatory actions from SEC, CFTC, DOJ or other authority against Akash/Overclock Labs/Osuri/Bozanich/AKT have been identifiedNo evidence of any SEC/CFTC/DOJ action was found in multiple targeted searches; this is an absence claim and cannot be proven exhaustively, but nothing found contradicts it. - #16[confirmed][no action needed]in section: Regulatory and Legal Status
“In December 2024, the AKT token debuted as an Exchange-Traded Product (ETP) on Sweden's Spotlight Stock Market through Valour Inc., meeting EU compliance standards and receiving approval from the Swedish Financial Supervisory Authority.”
reviewerAKT debuted as an ETP on Sweden's Spotlight Stock Market via Valour Inc. in December 2024 with Swedish FSA approvalCorroborated by the Valour product page and secondary press coverage. - #17[confirmed][no action needed]in section: Security: Critical Vulnerability Disclosure (April-May 2024)
“In April 2024, security research firm ChainLight identified a critical authentication bypass vulnerability in Akash Network.”
reviewerChainLight found an authentication-bypass vulnerability allowing deployment-owner impersonation, which was patched and rewarded with a bug bountyThe core narrative (firm, vulnerability class, impact) is independently corroborated, though this reviewer could not directly load the article to double check every detail. - #19[confirmed][no action needed]in section: Security: Critical Vulnerability Disclosure (April-May 2024)
“Akash Network has a CertiK Skynet monitoring score of approximately 81.62 (Grade A), with noted concerns around high token concentration (62.46% major holding ratio) in governance.”
reviewerCertiK Skynet monitoring score ~81.62 (Grade A), 62.46% major holding ratioCertiK Skynet scores update continuously; the page's figures are close to, though not identical to, the current live reading, consistent with normal drift rather than an error. - #20[confirmed][no action needed]in section: Network Incident: Spam Attack (March 2025)
“On March 29, 2025, Akash Network experienced a targeted spam attack consisting of a high volume of malicious transactions and airdrop memos directed at both the blockchain and the Console user interface.”
reviewerMarch 29-30, 2025 spam attack caused network congestion, led to fee increases and a patchCorroborated by an independent secondary source. - #22[confirmed][no action needed]in section: Tokenomics Concerns: Reduced AKT Demand
“To address this, Akash introduced the Burn Mint Equilibrium (BME) model, designed to link AKT value to network activity by requiring stablecoin payments to be converted through an AKT burn-and-mint mechanism.”
reviewerBurn Mint Equilibrium (BME) model links AKT value to network activity via burn-and-mint mechanismMatches the official primary source directly. - #26[confirmed][no action needed]in section: Partnerships, Integrations, and Market Position
“Akash partnered with Prime Intellect to launch a decentralized platform for AI model training using high-density NVIDIA H100 and A100 GPUs.”
reviewerAkash partnered with Prime Intellect for decentralized AI model training using NVIDIA H100/A100 GPUsCorroborated by Akash's own ecosystem listing. - #27[confirmed][no action needed]in section: Partnerships, Integrations, and Market Position
“Daily network spend grew 749% over 2024, from approximately $1,299 per day on January 1, 2024 to $11,038 per day by December 31, 2024.”
reviewerDaily network spend grew 749% over 2024, from ~$1,299/day to ~$11,038/dayFigure traces back to Akash's self-published year-in-review; treat as company-reported but not contradicted by any independent source found. - #29[confirmed][no action needed]in section: Partnerships, Integrations, and Market Position
“Greg Osuri was named to CoinDesk's 'Most Influential 2024' list.”
reviewerGreg Osuri was named to CoinDesk's 'Most Influential 2024' listConfirmed from the cited source itself.