AI
Runpod
A brief overview of RunPod, detailing its key facts, technological innovations, and funding sources.
In a nutshell
In this section, we offer an overview of Runpod projects, including essential facts about the network’s participants and components.
Some facts
| Executive Summary | Earn USD by staking your spare GPU. |
| Website | https://www.runpod.io/ |
| Whitepaper Publication Date | N/A |
| Whitepaper | N/A |
| Launch Date | 2022/03/01 |
| Current Chain Status | N/A |
| Repository | https://github.com/orgs/runpod/repositories |
| Token Details | N/A |
Short summary
RunPod is a cloud platform tailored for GPUs, enabling developers to deploy custom full-stack AI applications. Committed to keeping cloud computing accessible and affordable, RunPod maintains a comprehensive suite of features, high usability, and an excellent user experience. Its mission is to equip both individuals and enterprises with cutting-edge technology, maximizing the benefits of AI and cloud computing. The platform supports community GPUs, which are staked by users, offering a cost-effective alternative to conventional secured cloud options.
How to mint tokens?
RunPod currently does not offer a token. However, you can earn USD by staking your spare GPU on the platform, provided you maintain an uptime of over 98%.
What role can I play in the system
The participants in the system include:
- Client: Clients spend USD to access GPU time, available either through pods or serverless services, for task execution.
- Miners: Miners provide machine learning equipment to the RunPod system in exchange for USD. If your device is selected by a client, you will receive compensation. If not actively hired, your machine will contribute to token minting, ensuring you receive a baseline return.
Tech innovations
RunPod is renowned for its stable network and widely-used Docker environments.
Funding
RunPod has received limited funding from the AI Grant program.
