What is Aethir? Information about ATH Token

The sale of nodes in DePIN-related projects has garnered significant attention from the cryptocurrency community. One of the standout projects that has raised a substantial amount of money through node sales is Aethir. So, what is Aethir? What makes this project so special that it has managed to sell nodes for such a large sum? Is the ATH Token worth investing in? Let’s explore this with AZCNews!

What Is Aethir Information About Ath Token

What is Aethir?

Aethir is an advanced cloud computing infrastructure platform specializing in optimizing the distribution and utilization of graphics processing units (GPUs) for businesses. The Aethir Cloud platform is built from a network of enterprises, data centers, miners, and retail GPU providers.

What is Aethir?
What is Aethir?

Aethir provides a flexible and competitive framework for the decentralized compute resource marketplace, catering to various user groups—from enterprises to individuals—across multiple fields such as artificial intelligence (AI) training, AI inference, cloud gaming, and virtual devices (primarily mobile phones).

Users can operate Checker Nodes to earn ATH tokens, provided they have a Checker Node License. Aethir’s model shares similarities with XAI in implementing node operations. The node sale of the project was successful, with 65,000 Checker Nodes sold, raising approximately 29,000 ETH.

How Does Aethir Work?

Work

In Aethir’s ecosystem, the components “Containers,” “Indexers,” and “Checkers” play distinct and essential roles:

  • Containers: These are the fundamental units in the Aethir system, acting as virtual endpoints where cloud applications are executed and rendered. Containers are responsible for offloading workloads from local devices to the virtual environment, ensuring a smooth and responsive cloud experience for users.
  • Indexers: Serving as connecting nodes in the Aethir network, Indexers optimize the matching process between users and Containers. They prioritize based on factors such as service fees, quality of experience, and overall rating to minimize latency and ensure high render quality.
  • Checkers: Ensuring the integrity and performance of Containers, Checkers verify the specifications and monitor the performance of Containers during rendering. They perform checks at various stages, including registration and throughout the rendering process, to maintain the Quality of Service (QoS) of the network.

These components work together seamlessly to ensure Aethir’s distributed cloud infrastructure operates efficiently and meets performance standards.

What Makes Aethir Stand Out?

Aethir stands out due to its ability to optimize GPU usage for high-compute-demand sectors such as artificial intelligence (AI), machine learning, and cloud gaming, along with various other applications. This is achieved through two primary methods:

  • Resource Pooling: Owners can contribute their underutilized GPUs to Aethir’s network, forming a powerful compute resource pool. This enables the global distribution of GPUs at significantly reduced costs, making advanced compute power accessible to users more easily.
  • Decentralized Ownership: Aethir’s model surpasses the limitations of traditional ownership structures by allowing decentralized resource ownership. This fosters a fairer and more open technological environment, breaking down entry barriers for new users.

Additionally, Aethir provides a cloud platform with a GPU framework designed to meet the stringent processing demands of industries like gaming, AI model training, and inference. This architecture seamlessly integrates GPU clusters into a unified network, enhancing cluster size, reliability, and infrastructure resilience.

Team

Team
Team

Aethir boasts a development team of around 30 members led by CEO Mark Rydon, who has held significant roles at NOTA Platform, Flux Capital, Gaas LTD, Kulture Athletics, Inc., and Bechtel Corporation. Key team members include:

  • Daniel Wang – Co-founder and CBO: Former roles include Venture Partner at IVC, CIO at YGG SEA, and Executive positions at Riot Games, including Managing Director for International Publishing and Riot Games China.
  • Kyle Okamoto – CTO: Previously served as CEO & GM of IoT, Automotive, and Security at Ericsson, CEO of Edge Gravity, and Network Director at Verizon Media.
  • Paul Thind – CRO: Formerly co-founder and CEO at Triggerspot Inc, and advisor at Creadits and Trick Studio.

Investors

Investor

Aethir has successfully raised $9 million in a Pre-Series A round from notable investors including Animoca, Maelstorm Fund, IVC, Framework, Sanctor Capital, Merit Circle, and Big Brain Holding.

Funding Rounds:

  • Seed (early 2022): Valued at $60 million.
  • Pre-Series A (July 26, 2023): Valued at $150 million.

Additionally, Aethir’s node sale garnered 29,000 ETH.

What is the ATH Token?

After exploring what Aethir is, let’s delve into the project’s token – ATH.

Basic Information about ATH Token

  • Token Name: Aethir
  • Token Symbol: ATH
  • Blockchain: Ethereum
  • Contract Address: 0xbe0Ed4138121EcFC5c0E56B40517da27E6c5226B
  • Total Supply: 42,000,000,000 ATH

ATH Token Allocation

Allcation

  • Aethir Community: 50%
  • Aethir Checker Node Rewards: 15%
  • Aethir Cloud Computing Container Operators: 35%
  • Investors: 11.5%
  • Airdrop: 6%
  • Team: 17.5%
  • Ecosystem: 15%

ATH Token Release Schedule

Vesting

All ATH tokens are expected to be fully unlocked 4 years and 6 months after the official TGE date (June 12, 2024).

Uses of ATH Token

  • Payment Medium: ATH Token is the standard exchange medium within Aethir, used by participants and node operators to pay for services.
  • Governance: ATH token holders have the right to propose, discuss, and vote on changes to the platform, ensuring that Aethir maintains its decentralized principles.
  • Staking: New node operators wishing to contribute to the Aethir ecosystem must stake ATH Tokens as an initial commitment. This staking mechanism ensures that participating members have an economic commitment aligned with the platform’s goals.

Where to Buy ATH Tokens?

ATH Tokens are currently listed on major exchanges like OKX and Bybit.

Roadmap

Ath Token

Q4 2023:

  • Enhance multi-exchange KYC and SOL support, expand hardware interoperability, increase network speed, and improve user UX/UI flow.
  • Aethir Air (Cloud Gaming): Launch a beta version of the cloud gaming streaming service.
  • Cloud Phone Service: Prepare to launch a new AI-based cloud phone service.
  • Aethir Earth (Game Asset Business): Deploy the first version of the blockchain-based open-source application for new game operations.

Q1 2024:

  • Improve hardware compatibility, integrate ARM servers with Node TX, enhance network scalability, and performance.
  • Upgrade Cloud Phone UX: Optimize call experience, introduce new features, location functions, and expand capabilities.
  • Aethir Air: Enhance game streaming OS and integrate more comprehensively with the platform. Allow players to link existing accounts.

Q2 2024:

  • TGE and Mainnet
  • Update major internet landmarks, combine NFTs and game cards, integrate dapps to receive crypto for commerce, game branding, and new opportunities.
  • Aethir Air: Launch hot wallet and decentralized paid gaming service.

Q3 2024:

  • Introduce a complete version of AI live audio management without requiring GPU.
  • Deploy a comprehensive wireless GPU platform for games and DL applications.

Q1 2025:

  • Introduce a decentralized platform with a range of services for cold wallets, gaming integration, and in-app exchange.
  • Aethir Air: Support P2P cloud computing. Upgrade gaming experience with AI.
  • Cloud Phone Service: Optimize call experience and introduce AR and VR features.
  • Aethir Earth: Open registrations for managing game and blockchain assets.

Similar Projects

Aethir (ATH) is a DePIN project similar to io.net and Filecoin.

Project Information Channels

Conclusion

Aethir is an innovative cloud computing infrastructure platform focused on optimizing GPU utilization for users. Expected to be a pioneering project in the DePIN and AI sectors, Aethir has demonstrated its appeal by raising 29,000 ETH through node sales. With DePIN and AI trends expected to surge in the future, Aethir promises to be a leading project in these fields.

If you have any questions about Aethir or the ATH Token, feel free to leave a comment, and AZCNews will promptly address them!

5.0/5

(1 vote)
  1. Avatar of Michael Akinwumi
    Michael Akinwumi

    Aethir is just simply scam project,more than 89% of community are not given airdrop after the node and badge, and they come with stupid excuses

  2. Avatar of
    Anonymous

    Why are we discussing this now? The 6% airdrop how do communities get it. If its an old project then when are we zxpzcting the airdrops..

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