Learned by 584 usersPublished on 2024.04.01 Last updated on 2024.09.07
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1. Project Introduction
Aethir is a decentralized, real-time rendering platform on the Arbitrum network. It provides enterprise-level computing power for enterprises in gaming, AI, and other fields by aggregating GPUs with strong computing power like H100. One of the project's key innovations is the resource pool, which allows users to connect idle computing power to the network, offering services to global customers by bringing together decentralized contributors of computing power under a unified interface. GPU providers can freely connect to or disconnect from the network, thus optimizing providers' flexibility and device utilization. On the other hand, these devices further enhance computational efficiency through Aethir Edge. Consequently, the project has certain advantages in the price of computing power, especially for H100 computing power.
Summary: Intersecting the DePin and AI sectors, this project is a hot topic in the 2024 crypto market. It also supports significant GPU computing power supply and has substantial commercial resources, having forged in-depth collaborations with multiple computing power demanders.
2. Team & Investment Info
Team Info: Co-founder & CCO – Mark Rydon, a graduate from the University of Queensland, is an experienced civil engineer and project manager. He is a former partner at famous US companies Bechtel Corporation, Flux Capital, and Gaas Global and is an advisor at the social gaming platform NOTA. CTO Kyle Okamoto is a seasoned expert in communications, IoT, and edge computing. He graduated from the NYU Stern School of Business and is an engineer with a master's degree. He worked as Network Operations Manager and Product & Market Manager at Verizon, the largest cable company in the US. He was also the General Manager of IoT, Automotive, and Security at Ericsson, a mobile communications equipment company. Additionally, he was the CEO of Edge Gravity, Ericsson's edge computing platform.
Funding: Seed round funding (January 1, 2022): It raised $2.4 million in funding at a $60 million valuation, led by Framework Ventures and Infinity Ventures Crypto. Pre-A round funding (July 13, 2023): It raised $9 million in funding at a $150 million valuation, led by investors such as Sanctor Capital, Hashkey, Merit Circle, and CitizenX.
Partnerships: It has collaborated with top cloud computing projects in the industry like io.net and Theta, as well as several leading gaming studios and telecom companies. It has conducted airdrop exchanges with io and signed a contract with WellLink, the largest cloud gaming company with over 64 million monthly active users, to focus on mixed reality metaverse and game development.
3. Social Media URLs
X: https://x.com/AethirCloud
Telegram: https://t.me/Aethir_Official
Discord: https://discord.gg/aethircloud
Reddit: https://www.reddit.com/r/AethirCloud/
Youtube: https://www.youtube.com/@AethirCloud
4. Token Info
Token Symbol: ATH
Total Supply: 42,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xbe0ed4138121ecfc5c0e56b40517da27e6c5226b
Token Distribution:
56% for community rewards. Specifically, 6% is for Airdrop, 15% for Aethir Checker Node rewards, 35% for Aethir Edge and Enterprise Compute rewards, and 44% for Investors, Ecosystem, and Team.
5. Related Links
Official Website: https://www.aethir.com/
LinkedIn: https://www.linkedin.com/company/aethir-limited/
blog: https://www.aethir.com/blog
Other Info: https://www.rootdata.com/zh/Projects/detail/Aethir?k=ODcyNw%3D%3D
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.