Understand Acurast ($ACU) in 30 seconds
🧠 What is it for?
Acurast aims to do one straightforward thing: turn the world’s idle smartphones into a decentralized computing power network.
Developers can delegate tasks like AI inference and data processing to the network, which is jointly executed by a large number of phones. Each phone’s security chip (TEE) protects the data and the computation process. In return, phone users who contribute computing power can earn $ACU rewards.
💰 Funding
Total funding of about $16.4 million.
Of this, $11 million funding was completed in November 2025. Investors include Polkadot founder Gavin Wood, Web3 Foundation, Tezos Foundation, CoinList, and others.
👥 Team
A Swiss team, with core members from the development studio Papers, who previously worked on the AirGap wallet.
The team also has a track record in security and mobile-end technology from financial institutions such as Credit Suisse and Swiss Re, and has been involved in the crypto industry continuously since 2015.
🔭 Where’s the opportunity?
Demand for AI computing power is growing rapidly, but GPUs are expensive and highly centralized.
Acurast has chosen a different path:
Instead of piling on more GPUs, it directly leverages the billions of existing smartphones worldwide.
🔥 Where are things at right now?
Acurast is no longer just a concept:
• 280,000+ phones connected
• Coverage in 175+ countries
• Cumulatively processed over 918 million on-chain transactions
• Able to run open-source AI models and achieve sub-second inference
In simple terms:
Acurast wants to turn idle phones around the world into a decentralized cloud that can be called on anytime.
@Acurast
🧠 What is it for?
Acurast aims to do one straightforward thing: turn the world’s idle smartphones into a decentralized computing power network.
Developers can delegate tasks like AI inference and data processing to the network, which is jointly executed by a large number of phones. Each phone’s security chip (TEE) protects the data and the computation process. In return, phone users who contribute computing power can earn $ACU rewards.
💰 Funding
Total funding of about $16.4 million.
Of this, $11 million funding was completed in November 2025. Investors include Polkadot founder Gavin Wood, Web3 Foundation, Tezos Foundation, CoinList, and others.
👥 Team
A Swiss team, with core members from the development studio Papers, who previously worked on the AirGap wallet.
The team also has a track record in security and mobile-end technology from financial institutions such as Credit Suisse and Swiss Re, and has been involved in the crypto industry continuously since 2015.
🔭 Where’s the opportunity?
Demand for AI computing power is growing rapidly, but GPUs are expensive and highly centralized.
Acurast has chosen a different path:
Instead of piling on more GPUs, it directly leverages the billions of existing smartphones worldwide.
🔥 Where are things at right now?
Acurast is no longer just a concept:
• 280,000+ phones connected
• Coverage in 175+ countries
• Cumulatively processed over 918 million on-chain transactions
• Able to run open-source AI models and achieve sub-second inference
In simple terms:
Acurast wants to turn idle phones around the world into a decentralized cloud that can be called on anytime.
@Acurast