Acurast Nails $5.4M to Supercharge Smartphone-Powered Decentralized Cloud!

Holy smokes, the decentralized cloud computing scene is on fire! Acurast just dropped the bomb, announcing a whopping $5.4 million raise to juice up their network of smartphones that's redefining the game. They shared the deets with us on May 26, and we're buzzing!

The deal was sealed on May 22, with the token going for $0.09, slapping a cool $90 million fully diluted valuation on the company. And get this—they opened it up to the masses! Anyone could get in on the action, with a minimum buy-in of $100 and a max cap of $2 million per user. Talk about fair distribution!

So, where's all this cash going? Straight into beefing up their army of smartphones that's powering this decentralized cloud beast. We're talking blockchain infrastructure, decentralized AI, and a whole lot more. It's like the Avengers of cloud computing!

"Most of the cash we just raked in is gonna turbocharge our protocol," Alessandro De Carli, Acurast's President of the Board and Co-Founder, told us. "We're proving that compute can be verifiable, confidential, energy-efficient, and truly decentralized—all thanks to the phones chilling in our pockets!"

Decentralized Cloud? More Like Decentralized Hype!

Acurast's not messing around—they've already got over 72,000 smartphones in their network, powering a mind-blowing 256 million transactions. They're calling themselves the most decentralized computing network out there, and you know what? We believe 'em!

"The ACU token is the heart and soul of this whole operation," Alessandro De Carli said. "Acurast lets anyone and everyone use their mobile phones to run compute, giving real decentralization. You become a stakeholder in this network, powering a secure, scalable, and decentralized computer economy. And the best part? It incentivizes active collaboration and sustainable growth!"

Let's be real—cloud computing has been Big Tech's playground, with giants like Amazon, Google, and Microsoft throwing billions at global data centers and selling their services like hotcakes to online platforms.

But Acurast? They're flipping the script. Their decentralized cloud solution taps into the idle computing power of personal devices, letting users cash in on their unused resources. It's like Airbnb for your smartphone's brainpower!