Topics Blockchain

Aethir (ATH): Powering Next-Gen Gaming & AI With Decentralized Cloud Tech

Intermediate
Blockchain
Explainers
Altcoins
Jun 21, 2024

The web3 industry promises to provide a lot of exciting new technologies. However, it's important to keep in mind that web3 products aren't always lines of code. Just like traditional computing, web3 designs still need to be run on reliable, effective computer hardware. 

Aethir hopes to provide new businesses with computing assistance by offering convenient connections to graphics processing units (GPUs) and supporting an explosion of web3 growth. Keep reading to check out Aethir's business model and see how it can benefit investors.

Key Takeaways:

  • Aethir is a distributed GPU computing solution for web3 products. It provides a cloud infrastructure that allows businesses to access powerful graphics processing units capable of running their games, AI models and other designs.

  • Looking to trade Aethir tokens? Bybit now offers the ATH/USDT Spot trading pair. To celebrate this listing, Bybit is holding two exclusive events where you can earn a share of the 7,800,000 ATH and 50,000 USDC prize pools.

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What Is Aethir?

Aethir is a distributed GPU computing solution for web3 products. It provides a cloud infrastructure that allows businesses to access powerful graphics processing units capable of running their games, AI models and other designs.

History of Aethir

Aethir was founded in 2021 by Mark Rydon and Daniel Wang. Wang is a blockchain advisor who has worked with multiple web3 games, while Rydon is a venture capitalist with an interest in digital and traditional gaming. During their time in the blockchain industry, they started to notice a need for better GPU services. Inspired by Airbnb's design, Aethir's founders began working to create a new method for matching GPU owners with web3 projects that need more computing power. 

Aethir's mission has attracted support from many reliable organizations. The project is backed by NVIDIA, one of the leading producers of computer GPUs, and Aethir has partnered with CARV, the largest modular data layer in the AI gaming ecosystem. Aethir has also raised over $9 million worth of funding through various investors.

What Does Aethir Aim to Achieve?

Aethir was designed to tackle one of the most common problems in the web3 space: currently, many sectors such as AI and gaming have great ideas but struggle to develop their concepts. Processing all the lines of code and turning that into realistic graphics and appealing images takes a lot of expensive equipment that the average startup doesn't have.

Aethir realized that many commercial GPUs are underutilized. While data centers often focus on providing CPU power, their GPUs sit idle. Aethir provides a simple way of connecting to this idle GPU processing power in order to make it fast, easy and affordable for any web3 project to purchase graphics processing services from Aethir’s decentralized computing infrastructure.

How Does Aethir Work?

Aethir is a decentralized cloud infrastructure that relies on a series of connected nodes that communicate wirelessly. In addition to its hardware and coding, the Aethir platform also uses the blockchain technology of the Arbitrum chain to manage its user acquisition costs and distributed GPU computing. 

Aethir’s main framework consists of a container, an indexer and a checker. The indexer matches users with GPUs that fulfill their requirements, and the container sends rendering services remotely through the cloud. The checker records transactions, organizes services and regulates container usage. Aethir’s network also employs these mechanics to provide its users with effective GPU services. 

Proof of Rendering

Proof of Rendering is Aethir's distinct consensus method. The network consists of multiple checker node operators who handle GPU tasks individually. Every 15 minutes, a collection of nodes is checked for quality. Each node operator who performs quality work is then selected to work with users. This system functions like a modular data layer that ensures user acquisition costs are paid and members get effective GPU services. 

GPU Optimization

Aethir recognizes that one-size-fits-all services aren't optimal. Instead of pooling all GPU resources, each node operator is an individual resource. Aethir matches node operators into containers that perform specific applications, and then pairs them with projects that require their specific graphical requirements and processing speeds. 

Features of Aethir

From a modular data layer integrated into its system to its decentralized cloud infrastructure, Aethir offers many important services. Following are some of the features users can explore through the Aethir platform.

Aethir Checker Nodes

Checker Nodes are an essential part of handling Aethir’s cloud gaming enterprises. People can sign up to be Checker Node operators if they want to earn money from their idle GPU processing power. Each node operator ends up providing the computer power that ends up doing things like rendering a game or running an artificial intelligence (AI) model.

Aethir Edge

Aethir Edge is a computing service integrated into the main Aethir cloud. It allows even more in-depth GPU provision than Aethir Checker. It’s also a hardware service that helps manage the decentralized network of GPUs. Users who sign up to run an Aethir Edge device earn even more rewards than standard Aethir Node operators.

Aethir Earth

Aethir Earth is the cloud-based portion of Aethir's GPU computing options. People interested in getting processing assistance can sign up to enjoy wireless processing without needing to own any pricey hardware. Fees for Aethir Earth's GPU computing vary based on the number of other people bidding for service.

Aethir Gaming

Aethir's rendering services are ideal for game designers. People who purchase from Aethir’s GPU cloud to run a game also get access to helpful software tools for designing gaming items. To assist with running games, Aethir has even integrated the largest modular data layer in the web3 ecosystem into its program: with CARV, users can explore a variety of services for safeguarding privacy and monetizing data. 

Aethir Cloud Drop

The Aethir Cloud Drop is an airdrop program designed to reward users who interact with Aethir's blockchain technology. Aethir data generates badges based on community activities in which users participate, such as referring other users or participating in the integrated CARV modular data layer. People with more badges then climb a leaderboard based on their scores. Ultimately, tokens will be distributed based on leaderboard positions. Aethir has committed 630 million tokens to this airdrop, and users have until Aug 11, 2024 to claim their prizes. 

Aethir Road Map

After a few years of building its technical foundation, Aethir's decentralized network is finally operational. Now that its data generates helpful graphics for gaming and AI services, Aethir is hoping to expand its ecosystem. In 2024, Aethir hopes to increase user engagement by launching a token and onboarding more nodes and businesses. The network’s long-term plan also includes improved technological services, such as tailored order management operations and additional AI security protocols. 

ATH Tokenomics

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The ATH token is designed to assist with transactions, incentivize users, develop the platform and regulate ecosystem governance. Its total supply of 42 billion tokens will be distributed in the following manner:

  • Checkers and computation provider rewards: 50%

  • Ecosystem: 15%

  • Team: 12.5%

  • Investors: 11.5%

  • Airdrop: 6%

  • Advisors: 5%

ATH Price Prediction

Aethir has only been on the market since early June 2024, but it's already experienced multiple changes. ATH’s price has soared as high as $0.1185 and gone as low as $0.03. This price movement has attracted some positive attention online, and many crypto enthusiasts are saying that ATH is worth watching. Market analysis from CryptoTicker suggests that ATH prices may reach $0.15 by the end of the year. 

Where to Buy ATH

Looking to trade Aethir tokens? Bybit now offers the ATH/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the ATH/USDT Spot trading page. 

To celebrate this listing, Bybit is holding two exclusive events where you can earn a share of the 7,800,000 ATH and 50,000 USDC prize pools. The first event is known as Token Splash, in which the first 5,000 new users who complete the following two steps through Jun 26, 2024, 8AM UTC will receive 500 ATH each:

  1. Sign up for a Bybit account and complete Identity Verification.

  2. Accumulate a deposit volume of at least 2,700 ATH, or deposit at least 100 USDT and use your Bybit account to trade 100 USDT worth of ATH via your first trade.

Also, through Jun 26, 2024, 8AM UTC, simply trade at least 1,000 USDT worth of ATH on Spot to grab a share of the 1,300,000 ATH prize pool. The more you trade, the larger your share of the prize pool. Rewards will be capped at 26,000 ATH per user.

Finally,invite your friends to sign up on Bybit using your referral code through Jun 26, 2024, 8AM UTC and join the ATH Token Splash (Event 1 or 2). You'll receive 5 USDC for every successful referee, and you can receive rewards for up to 10 successful referees.

The second event is known as Bybit Savings — Stake and Earn. Held through Jul 12, 2024, 10AM UTC, stake between 3,000 ATH and 40,000 ATH with Bybit Fixed Savings and you’ll be able to earn up to 150% APR. Rewards will be distributed on a first-come, first-served basis.

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Is ATH a Good Investment?

ATH's investment potential depends upon your priorities. The token is backed by a reliable project offering a highly in-demand service, so it has considerable intrinsic value. Furthermore, most pricing analysts believe Aethir is poised for mild but positive growth over the next several months, making ATH a good choice for investors who prioritize long-term growth and stability. 

However, if you're looking for dramatic price rises, ATH might not be for you. The token doesn't have a lot of market interest at the moment, so its trading volume remains relatively low. Moreover, every new crypto project comes with some volatility, and the Aethir ecosystem hasn't proven its staying power yet. Investors need to remain cautious and make sure they only invest funds they can afford to lose. As always, DYOR before investing.

Closing Thoughts

Ultimately, the Aethir ecosystem provides a fascinating look at how decentralized computing could change the internet. By harnessing idle GPU processing power, Aethir makes it easier for cloud gaming enterprises and AI services to operate. Although Aethir is still working on improving its modular data layer and needs to attract more gaming and AI clients, it’s off to a promising start.

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