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What is Aethir (ATH)?
Aethir basic info
What is Aethir (ATH)?
Aethir (ATH) is a platform that transforms the traditional ownership, distribution, and utilization of enterprise-grade graphical processing units (GPUs).
GPUs are essential for many high-tech operations, including artificial intelligence (AI), machine learning, and cloud gaming. However, with the AI boom, the demand for high-performance GPUs has skyrocketed, causing a significant shortage that impacts costs and availability. This shortage affects various industries reliant on these technologies, from gaming to the Internet of Things (IoT).
Aethir offers a solution to this problem. By aggregating and redistributing underutilized GPUs from data centers, enterprises, cryptocurrency mining operations, and consumers, Aethir maximizes GPU utilization. This approach not only increases the availability of GPU computing power but also reduces costs and democratizes access to advanced computational resources.
Who Created Aethir (ATH)?
Aethir was founded by a team of seasoned professionals with extensive experience in the gaming, Web3, and technology sectors:
● Daniel Wang (Co-founder CEO): Daniel has held significant roles at IVC, YGG E2, Riot Games, and Riot Games China. His expertise in the gaming and Web3 industries makes him a formidable leader for Aethir.
● Mark Rydon (Co-founder CCO): Mark has an impressive background with roles at NOTA Platform, Flux Capital, Gaas LTD, Kulture Athletics, Inc., and Bechtel Corporation.
● Kyle Okamoto (CTO): Kyle’s experience includes being the CEO General Manager at Ericsson's IoT, Automotive, and Security businesses, CEO of Edge Gravity, and Chief Network Officer at Verizon Media.
● Paul Thind (CRO): Paul co-founded and served as CEO at Triggerspot Inc and has advised Creadits and Trick Studio.
This experienced team brings a wealth of knowledge and expertise to the development and execution of Aethir's innovative platform.
What VCs Back Aethir (ATH)?
Aethir has garnered significant support from notable venture capital firms, including IVC, Animoca Brands, Gate.io, Bybit, Hashkey Group, etc. These firms’ investments underscore the confidence in Aethir's potential to revolutionize the cloud computing industry and address the pressing issue of GPU shortages.
How Aethir (ATH) Works
Two-Pronged Strategy
Resource Pooling
Owners contribute their underutilized GPUs to Aethir's network, forming a collective pool of potent computing resources. This democratizes access to advanced computational power and significantly reduces costs.
Decentralized Ownership
Aethir transcends traditional ownership structures by enabling distributed resource possession. This fosters a more equitable technological landscape and opens new economic opportunities for participants.
Architectural Design
Aethir's operation revolves around three essential roles: Containers, Indexers, and Checkers. These roles work together to ensure the smooth functioning of the platform:
● Containers: The core of Aethir's network, Containers deliver real-time, remote rendering services, which are crucial for a seamless cloud experience. They execute and render applications, ensuring that tasks such as game rendering are performed efficiently and with minimal latency.
● Indexers: These act as matchmakers, connecting users with the most suitable Containers based on various criteria like performance, latency, and cost. Their goal is to ensure that cloud-based applications launch quickly and operate smoothly, providing the best possible user experience.
● Checkers: Responsible for maintaining the integrity and performance of Containers, Checkers verify the specifications and quality of services provided by the Containers. They conduct random checks and assess services during different states to ensure compliance with the network's standards.
By integrating these roles into its architecture, Aethir creates a robust ecosystem capable of tackling the most demanding computing tasks.
ATH Tokenomics
Central to Aethir's ecosystem is the ATH token. With a total supply of 42 billion tokens, ATH serves multiple purposes within the platform:
● Transactional Utility: Acts as the standard medium of exchange within Aethir, facilitating transactions for processing power.
● Governance and Participation: Empowers token holders to propose, discuss, and vote on platform changes, ensuring decentralized governance.
● Staking: New node operators stake ATH tokens as an initial commitment, aligning participants with the platform's objectives and serving as collateral against misconduct.
● Diversified Application: The ATH token is designed for a wide range of applications. With future integrations like merge mining and integrated marketplaces, ATH's utility is expected to expand, which means that its adaptability and relevance will increase.
ATH Goes Live on Bitget
Aethir represents a significant leap forward in cloud computing technology. By leveraging underutilized GPU resources and implementing a decentralized, efficient network structure, Aethir aims to meet the growing demands of AI, ML, and cloud gaming industries. Supported by a robust team of industry experts and substantial venture capital investment, Aethir is well-positioned to reshape the landscape of cloud computing.
The ATH token plays a pivotal role in this ecosystem, facilitating transactions, governance, and staking, while also providing diverse applications. With its strategic tokenomics and innovative approach, Aethir is set to drive economic and technological advancements in the global GPU cloud economy.
By trading ATH on Bitget, you directly contribute to the growth and adoption of Aethir's decentralized infrastructure. Explore the potential of ATH as it fuels innovation and drives the future of cloud computing.
ATH on Bitget Pre-Market
ATH is a part of Bitget Pre-Market, a platform where users can trade tokens over-the-counter before the token is listed for spot trading. Join now to get the best out of it!
To use Bitget Pre-Market, follow these simple steps:
● Step 1: Go to the Bitget Pre-Market page.
● Step 2:
○ For Makers:
■ Choose the desired token and click on ‘Post Order’.
■ Specify Buy or Sell, enter price and quantity, review details, then confirm.
○ For Takers:
■ Choose the desired token, pick ‘Sell’ or ‘Buy’, select the pending order, enter quantity, and confirm.
■ Note: Partial completion is not allowed.
For more specific information on how to get ATH tokens on Bitget Pre-Market, check out the announcement here.
Get ATH on Bitget Pre-Market now!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
ATH supply and tokenomics
Links
What is the development prospect and future value of ATH?
The market value of ATH currently stands at $392.58M, and its market ranking is #174. The value of ATH is widely recognized by the market. When the bull market comes, the market value of ATH will likely continue to increase.
Moreover, if ATH can play a greater role in practical applications, such as Aethir builders fully leveraging the potential of ATH, partnering with more businesses, and increasing its user base, the long-term value of ATH will be significantly enhanced.