EigenCloud is a verifiable cloud platform built on Ethereum that allows developers to build and run applications with blockchain-grade security and trust guarantees, powered by its native EIGEN token.
Verifiable Cloud Infrastructure: It provides a suite of core services like data availability, off-chain compute, and dispute resolution, enabling developers to create applications where outcomes can be cryptographically verified.
Built on Restaking Security: The platform leverages the EigenLayer protocol, allowing staked Ethereum (ETH) to be "restaked" to secure its network and third-party services, creating a shared security model.
EIGEN Token Utility: The EIGEN token is central to the platform's cryptoeconomic security, used for staking, governance, and enabling a "forking" mechanism to punish malicious operators.