Trustless Labs AI Encyclopedia | Understand Aethir and Participation Opportunities in One Article

With a total financing amount exceeding 9 million USD, Aethir is expected to launch its mainnet in May this year. Trustless Labs brings you an overview of Aethir's fundamentals and participation considerations.

First, what is @AethirCloud?
Aethir is a decentralized GPU computing platform focused on GameFi and AI.
🔹 In terms of GameFi, its infrastructure supports cloud gaming clients, providing a user experience comparable to web2 cloud gaming platforms, addressing the needs of AI and gaming testing, cross-platform, and distribution. The team has stated that they have signed long-term cooperation agreements with the world's largest telecom companies, the largest game development studios, 10 AAA games, and cloud gaming company WellLink, which has over 64 million monthly active users.
🔹 In terms of AI, the main use cases include latency-free inference, language interaction, and visual interaction.

Funding and Team Background
🔹 In July 2023, Aethir completed its Pre-A round financing with a valuation of 150 million USD, raising over 9 million USD. Sanctor Capital, Hashkey, Merit Circle, and CitizenX co-led the round, with participation from Mirana Ventures, Animoca Brands, Momentum6, Big Brain Holdings, Builder Capital, Tess Ventures, Maelstrom (Arthur Hayes), Lapin Digital, and others.
🔹 Its Founder, Mark Rydon, is a serial entrepreneur with a background in AI and venture capital, but there isn't much public information available about him; its Co-founder, Daniel Wang, is of Chinese descent and has served as an investment partner at Infinity Ventures Crypto, CIO at YGG E2, Head of International Publishing at Riot Games, and COO at Riot Games China.

Basic Information
🔹 Stage: Testnet;
🔹 Token: $ATH;
🔹 Launch Time: Q2 2024;
🔹 Checker Node (ERC 721) sale times:
March 18 - 19 at 10:00 (UTC) (whitelist)
March 20 at 10:00 (UTC) (public sale)
🔹 Sale Price: 0.1259 - 3.6099 ETH;
🔹 Minimum deployment requirements:
· 64MB RAM
· 1 X86 CPU core @ 2.1GHz
· 10 GB disk space
· 10Mbps internet connection
· A single server can run up to 100 nodes
🔹 Node earnings: Mining, distributed in $vATH;
🔹 Two forms of reward distribution for mining:
1. Render Work Proof: Provides token incentives to node operators as additional rewards for completing computational tasks within the ecosystem. This encourages supply-side entities to join Aethir's ecosystem and provide valuable processing and computational work. Render work proof is specifically distributed to containers after completing computational tasks;
2. Capacity Proof: Computing providers earn rendering capacity proof by proving they are ready to offer computational services. Providers will receive rewards even without active work to incentivize joining the ecosystem, thereby reducing participation risks.
🔹 Roadmap: Launch of Checker Node Client in Q2 2024. The first phase will support Windows and Linux. More platforms will be rolled out in phases, with CLI support planned.

🔹 Considerations:
· Reward withdrawals require non-mainland KYC
· Qualification is non-transferable within one year (strong wallet binding)
· Token rewards are locked for 120 days and released over 180 days

Tokenomics
🔹 Total token supply: 42 billion;
🔹 Mining rewards: 50%, released according to the container and verifier reward schedule;
🔹 Team: 15%, released linearly over 36 months after a lock-up period of 18 months;
🔹 Investment institutions: 15%, released linearly over 24 months after a lock-up period of 12 months;
🔹 DAO Treasury: 12.5%, 100% released at TGE;
🔹 Liquidity: 4%, 100% released at TGE;
🔹 Incubation: 2.5%, released linearly over 36 months after 18 months;
🔹 KOL: 1%, 10% of tokens released at TGE, 15-month linear release after a 3-month lock-up.

Code and Security
🔹 No GitHub repository found;
🔹 Passed preliminary review by Certik, final review is ongoing.

Latest Progress Update (3.21 ~ 4.22)
🔹 3.28 Listed on DePIN Hub;
🔹 3.29 Checker Node sales reached 27,000 ETH;
🔹 4.9 First NFT Checker Node airdrop;
🔹 4.18 Officially launched Aethir Edge. Aethir Edge is the hardware component of Aethir DePIN, which connects to Aethir's GPU network, with 23% of $ATH distributed to Edge users.(Checker Nodes will receive 10% of the token supply, with an additional 5% reserved for bonus rewards)
🔹Aethir Edge Hardware:
    · Qualcomm® Snapdragon 865 chip
    · 12GB LPDDR5 memory
    · UFS 3.1
    · Storage capacity 256GB
    · 1 billion GE LAN network port
    · WIFI6 2T2R + Bluetooth 5.2 connectivity
🔹4.20 Aethir announced a partnership with node terminal developer easeflow to provide a streamlined node deployment experience for Aethir Checker node license holders.

#AI #Aethir #$ATH #GameFi