Aethir (ATH)
Aethir is quickly evolving to become a player in the field of decentralized GPU computation and, with just a fraction of the market cap of Render, Aethir can be considered a direct competitor.
This article takes a deep look to present an overview of Aethir’s project history and token model, revealing how its solutions can potentially transform the gaming and AI markets.
Aethir positions itself as a distributed cloud computing infrastructure that integrates the company’s enterprise-grade GPU chips into a collective network to increase on-demand cloud computing resources. The infrastructure of Aethier will support virtualized computer processes, games, and artificial intelligence.
In other words, owners of GPUs can earn money for unused graphic cards by providing others with cloud computing services, while users obtain the needed resources for training neural networks, rendering, and other computations that require GPU power.
Aethir was created to solve the problem of the monopoly that large technology corporations have over on-demand computation. In its whitepaper, Aethir mentions not only solving the problem of the shortage of GPUs for computing but also the problem of AI being a service for everyone. The goal is to spark AI technology advancements in the interests of society. Pretty ambitious!
A significant advantage of the developed engine Aethir is the introduction of real-time rendering that helps solve several significant problems of the gaming industry, including large sizes of downloadable data for online multiplayer games and increased demands on consumer hardware. This is a special structure that is fundamentally created for supporting large-scale cloud mobile and PC gaming.
Aethir’s architecture lets game studios deliver even the most demanding games for streaming to users’ devices without the necessity for users to purchase expensive equipment. This means that the end user can be able to play high-end games created for AAA titles, laptops, or even mobile phones or outdated computers if only they have a stable internet connection. Similar to YOM but in a bigger way.
Regarding AI, Aethir provides companies with highly effective enterprise-grade GPUs such as more than 43,000 H100s effective in conversational AI training. More than nine types of GPUs are hosted in Aethir’s infrastructures; therefore, their solution targets more than nine types of AI applications, which can pose a threat to industry giants, as Aethir’s solution may potentially scale larger and be cheaper.
This model offers clients virtual instances of GPU and they can then lease the computational resources in either large or small quantities as suits their needs, paying accordingly. It is an effective and cheaper method of making workable changes for organizations that have times of high demand and times of low demand.
Aethir’s PaaS portfolio consists of a variety of solutions for creating, experimenting, and deploying applications that utilize GPU. This makes it easier to develop projects, specifically those based on AI and machine learning, shortening the time to market.
In any case chosen, when it comes to the service, Aethir provides access to high-quality GPU computing supply. Strategic relations with reliable hardware suppliers and having an Aethir network of nodes keep the company’s clients on the cutting edge of the latest modern GPUs and, at the same time, have the reliability of a reliable node.
This review of Aethir (ATH) was created for informational purposes. This article is not intended for promotion.
Aethir Staking involves the process of locking your ATH tokens in a staking pool to earn rewards. This dual-token system involves converting ATH into two different types of tokens: veATH (non-transferable) and stATH (transferable). The veATH is used for staking, while stATH holds future use cases for additional rewards.
Staking on the Aethir network involves several steps:
Step 1: Swap Your ATH for Tokens
Step 2: Stake Your veATH
Step 3: Use stATH for Further Farming
Step 4: Earn Rewards
Your rewards increase with the length of your lock-up period. The system also includes an ATH Rewards Multiplier and an Additional Emissions Multiplier, enhancing your rewards based on the duration of your token lock.
By locking your ATH, you receive stATH and veATH tokens. While stATH can be transferred and will have future uses for more rewards, veATH provides base ATH and partner token rewards within the Aethir ecosystem.
Rewards can be claimed every week, with the next reward claim opening in six days from the last one.
The following is a sample plan, which consists of step by step guide, for undertaking the process:
To begin the process, go to https://checker.aethir.com and connect your wallet. It’s important to note that while purchasing nodes does not require you to complete KYC (Know Your Customer), claiming node rewards does.
Remember, rewards from running nodes will be airdropped to the same wallet used to purchase and cannot be changed.
The Aethir Node Sale will take place on the Arbitrum Network. For this, you will need:
All 53 tiers will be available for purchase. Select the available tier and click “Purchase.” Please note, all images used are for illustrative purposes only; the actual sale page may differ.
If you have a promo code, click on “Use promo code” and enter your code. It’s important to note that using a promo code will not automatically apply a discount during purchase. Cash rebates will be airdropped to your purchase wallets upon confirmation that your referrer has also purchased a node.
Click on “Approve” on the sale page. You will be prompted to sign a contract in your wallet. Once it has been signed, select “Purchase” and click “Agree” to the Terms & Conditions.
After purchasing an Aethir node, investors will receive an ERC-721 NFT to the wallet addresses used during the Aethir node sale. The NFT symbolizes ownership of the purchased Aethir node.
There is no cap on the number of nodes you can buy, and the Checker Node license grants buyers lifetime access.
The NFTs will be non-transferable for the first year after the node sale and will be airdropped to buyer wallets directly at a later date. There’s no claiming process, and there will be sufficient time between the NFT airdrop and the time for users to download, install, and run their nodes to start earning rewards.
If you can do all these, then you will be able to set up and operate a Checker Node successfully for a potentially lucrative lifetime in the network.
Make sure you and your node operator are aware of all the steps that should be taken so that you make the most of your Checker Node and claim the rewards.
ATH serves as the primary medium of exchange within the Aethir network. It is used to pay for various services such as renting GPU resources for AI applications, cloud gaming, and other computational tasks. This makes ATH essential for demand-side participants who purchase processing power from node operators.
Beyond traditional applications, ATH supports emerging demands like merge mining and integrated marketplaces, enhancing its utility as the network expands. Its adaptability and relevance are set to increase with future integrations, potentially broadening its use cases significantly.
As Aethir transitions towards a decentralized autonomous organization (DAO), ATH takes on a governance role. Token holders have the right to propose, discuss, and vote on changes to the platform, ensuring that Aethir maintains a decentralized governance structure.
New node operators must stake ATH tokens to participate in the ecosystem. This requirement not only aligns their interests with those of the platform but also serves as a security measure. Staked tokens act as collateral, which can be slashed in cases of misconduct or deviation from the platform’s standards.
The total supply of ATH is set at 42 billion tokens. Aethir’s token allocation strategy is designed to ensure optimal growth of the ecosystem and to balance short-term and long-term stakeholder interests. Details of the token vesting schedule are as follows:
The fully diluted market capitalization of ATH Token is $3.7 billion but a comparatively tiny 9 percent of tokens are actually in circulation. This underlines the fact that the float is limited thus implying that greater token circulation could lead to large price fluctuations.
It should be noted that all the main operations with ATH rely on the ETH Mainnet housing the token contract of the asset. It is primarily used for:
Arbitrum Layer 2 network makes ATH transactions faster and more scalable. It is specifically used for:
The first season of the airdrop of Ather token is over and 25% of this token was given to participants. They might have sold them to explain the recent dump in the prices of the tokens they must have claimed to hold. This initial selling pressure is a usual thing after airdrops as some of the first holders of tokens sell it.
The second season of the airdrop for the Aethir token will be 8 months later than the first season, which in turn will be around February of 2025. Since each airdrop event drops a large percentage of the entire supply — in this case, 25 percent of 42 billion tokens.
Aethir is in the process of becoming one of the most important experts embodying the combination of cloud structure and AI. However, it has been working with companies such as MetaGravity and TensorOpera that are making big leaps in the field of AI as well as cloud integration.
Their intellectual structure; which is sizable and distributed, is robust in training and nurturing AI spells out; especially for the gargantuan computing requirements for future AI projects and cloud gaming environments.
Fundamentally, as the result of its business development, Aethir has built up a very effective software that serves as the company’s main framework. This proprietary software layer is not just an interface, but an organized web that coordinates and optimizes the allocation and use of GPU resources of the decentralized network. This puts Aethir at a competitive advantage concerning performance, reliability, and cost/revenue proposition suited for the enterprise market.
Aethir provides a sufficient response in light of the current gaming and AI-related issues that are regulated by the inaccessibility of high-performance computer resources. With its tightly integrated real-time rendering and decentralized GPU processing, Aethir could be destined to have some influence in the DePIN narrative.
Disclaimer: Trading and investing in cryptocurrencies (also called digital or virtual currencies, altcoins) involves a substantial risk of loss and is not suitable for every investor. You are solely responsible for the risk and financial resources you use to trade crypto. The content on this website is primarily for informational purposes and does not constitute financial advice.
Start learning about crypto at YourCryptoLibrary
