Akasha is next-generation social media network – publish, share and vote on content like other modern publishing platforms, but with Akasha, the content is published over a decentralized network rather than on centralised servers.
Akasha – The Opportunity
Freedom of expression, access to information, and privacy are fundamental human rights that should be respected on the Internet as well as in real life. As a civilization transitioning to an information-based society, the permanent storage of information for future generations is a critical issue that should be solved.
The Akasha Project’s goal is to establish a permanent repository embedded in the fabric of the Internet for all the information that is ever produced online. The problem that the project wants to solve is the impermanence of information online. Information ‒ web sites, documents, email archives, video, etc. ‒ can be either purposefully deleted by the governments and/or corporations that control today’s Internet, or, more simply but equally tragic, just disappear for lack of maintenance of central hosting servers.
In fact, today’s Internet is becoming centralized, with billions of users dependent on a handful of large services. Today’s Internet is also fragile, because it relies on a centralized distribution model, with servers that come and go. If a server goes down for any technical or commercial reason, or is taken down by the authorities, all the web pages stored on that server disappear.
As a decentralized application AKASHA deploys a next-generation information architecture born from the fusion of Ethereum and the Inter-Planetary File System. The Inter-Planetary File System (IPFS) is a peer-to-peer distributed file system that connects all participating nodes with the same file system and permits building versioned file systems, blockchains, all the way to a permanent distributed Web. IPFS has no single point of failure, and nodes do not need to trust each other.
Akasha creates a planetary-scale information network immune to censorship by design, where thoughts and ideas will last in perpetuity. The alpha version of Akasha was released on May 3, 2017 and currently runs on a private Ethereum testnet.
Akasha Initial Coin Offering (ICO) – to be announced
Token Symbol: AETH
Token type: ERC20
Blockchain Platform: Ethereum