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Show HN: Mtok.market – a non-custodial spot market for AI inference tokens

Mtok.market is a non-custodial spot marketplace for trading AI inference tokens, allowing users to buy and sell compute resources directly without an intermediary holding funds.

Background

- AI inference tokens are billing credits from GPU cloud providers (AWS, Azure, Together AI, etc.), each unit covering a small amount of LLM processing. Currently, tokens are locked to the provider you bought them from and cannot be resold or transferred. - Mtok.market is a proposed non-custodial spot marketplace where users could trade these tokens — buy unused ones at a discount or sell surplus — akin to secondary markets for AWS reserved instances or airline tickets. - "Non-custodial" means you keep control of your own wallet, reducing the risk of exchange hacks or freezes. - A "spot market" means immediate, pay-as-you-go trades, not long-term contracts. - Why this matters: if it works, it could lower inference costs, reduce vendor lock-in, and create price competition across providers. The big question is whether cloud providers will honor tokens bought on secondary markets — that is the main hurdle.

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