Aethir is a decentralized cloud computing platform optimized for Web3 gaming and artificial intelligence (AI). Unlike protocols that rely on individual users for computing power, Aethir partners with businesses to aggregate resources, tapping into a pool of underutilized, high-quality GPUs. This collaborative approach benefits both Aethir and its partners, allowing the platform to access robust computing power while enabling businesses to monetize idle resources. This synergistic model provides users and AI developers with affordable, high-quality computing resources, reducing infrastructure costs and accelerating application development.
Table Content:
Aethir’s Operational Framework
Aethir’s distributed GPU network comprises five core components:
Resource Owners: Businesses and data centers with high-quality GPUs provide computing resources to the network.
Aethir Network: Consisting of Containers, Checkers, and Indexers, this network forms a decentralized computing platform, delivering GPU power globally. Each component’s function is detailed below.
Users: Primarily AI and gaming developers, they consume Aethir’s computing resources on demand.
Treasury: Manages gas fees and the native ATH token to support protocol development.
Settlement Layer: Leverages blockchain technology to record and verify network transactions.
Within the Aethir Network, the three key components operate as follows:
Containers: Entities that contribute GPU computing power to the network. Aethir claims a network of over 43,000 high-quality GPUs globally, including over 3,000 NVIDIA H100 GPUs designed for complex, computationally intensive tasks.
Checkers (Checker Nodes): Monitor and ensure the quality of service provided by GPU Containers. They continuously assess system performance, enabling the network to detect and address technical issues promptly, maintaining a stable user experience.
Indexers: Connect GPU Containers with end-users. They identify and allocate appropriate GPU Containers for specific requests, optimizing system stability and performance.
In summary, Aethir’s operational model functions as follows:
Supply Side: Businesses with high-quality GPUs register as GPU Containers. After verification by Checker Nodes, participants stake ATH tokens and earn ATH rewards for their contribution.
Demand Side: End-users submit requests to the network, and Indexers connect these requests with suitable GPU Containers. Users can also participate as Checker Nodes, earning ATH token rewards. Currently, the Checker Node program is closed.
Aethir claims to offer services at up to 80% lower cost than traditional providers, attributing this to lower overhead and the absence of centralized data centers. However, specific pricing information remains undisclosed.
Aethir’s Product Ecosystem: Introducing Aethir Edge
Beyond its core distributed GPU network, Aethir has developed Aethir Edge, a hardware device that expands network accessibility and resource diversity.
Aethir Edge allows users to contribute idle GPU resources to the Aethir network, becoming part of the ecosystem and earning ATH tokens. Aethir Edge boasts the following specifications:
- Qualcomm Snapdragon 865 Chip
- 12GB RAM
- 256GB Storage
Aethir Edge is designed for demanding tasks, including:
- Content Creation: Leveraging AI models for generating high-quality images, videos, and text.
- Data Analysis: Analyzing user data for personalized, context-driven decision-making.
- Automation: Automating tasks like scheduling posts and responding to comments.
Over 37,000 Aethir Edge devices have been sold across three sales rounds.
Decoding the ATH Token
ATH Tokenomics
- Token Name: Aethir
- Ticker: ATH
- Token Standard: ERC-20
- Token Type: Utility & Governance
- Total Supply: 42,000,000,000 ATH
ATH Token Allocation
- Checkers & Compute Providers: 50%
- Ecosystem: 15%
- Team: 12.5%
- Investors: 11.5%
- Airdrop: 6%
- Advisors: 5%
ATH Token Release Schedule
ATH Token Utility
- Payment for Aethir services
- Governance voting rights
- Rewards for Checker Nodes and Aethir Edge participants
- Staking rewards
ATH Token Sales
Private Sale:
- Date: March 11-13, 2024
- Platform: DexCheck Pad
- Price: $0.014
- Raised: $138,000
IDO:
- Date: March 11-13, 2024
- Platform: Seedify
- Price: $0.013
- Raised: $817,500
The Team and Investors Behind Aethir
The Aethir Team
Key members include:
- Daniel Wang: Co-Founder & CEO, formerly Chief Investment Officer at YGG E2 and COO of Riot Games China.
- Mark Rydon: Co-Founder & CCO, with experience as a partner and advisor for companies like NOTA, Flux Capital, and Gaas LTD.
Aethir Investors
Aethir has raised a disclosed $132 million across three funding rounds:
Public Sale:
- Date: May 2024
- Raised: $123 million
Pre-Series A:
- Date: July 26, 2023
- Raised: $9 million
- Investors: Hashkey Capital, Merit Circle, Sanctor Capital, and others.
Undisclosed Round:
- Date: January 2022
- Investors: Framework and Infinity Ventures Capital.
Exploring Similar Projects
Comparable projects in the decentralized cloud computing space include:
- Gradient Network: A protocol aggregating computing power from various sources, focusing on gaming and AI.
- Grass: Aggregates idle GPU computing power from users for AI application development.
