Aethir ATH Price

What is Aethir (ATH)?

Aethir (ATH) is a platform that changes how GPUs are owned, distributed, and used. With GPUs essential for AI, machine learning, and cloud gaming, Aethir addresses the growing demand and shortage of these powerful processors.

The Problem

The rise of AI has led to a huge demand for GPUs, causing shortages that drive up costs and limit availability. This affects industries like gaming and IoT, which rely heavily on these technologies.

Aethir's Solution

Aethir maximizes GPU use by pooling underutilized GPUs from data centers, enterprises, crypto mining, and consumers. This increases the availability of GPU power, lowers costs, and makes advanced computing resources more accessible.

Founders and Team

Aethir was founded by experts in gaming, Web3, and technology:

Daniel Wang (CEO): Former roles at IVC, YGG E2, and Riot Games.

Mark Rydon (CCO): Experience with NOTA Platform, Flux Capital, and Bechtel Corporation.

Kyle Okamoto (CTO): Former CEO at Ericsson IoT, Edge Gravity, and Chief Network Officer at Verizon Media.

Paul Thind (CRO): Co-founder and former CEO at Triggerspot Inc.

Venture Capital Support

Aethir is backed by major venture capital firms such as IVC, Animoca Brands, Gate.io, Bybit, and Hashkey Group. Their support highlights confidence in Aethir’s potential to solve GPU shortages and revolutionize cloud computing.

How Aethir Works

Aethir uses a two-pronged strategy:

Resource Pooling: Underutilized GPUs are pooled together, democratizing access and reducing costs.

Decentralized Ownership: Resources are distributed among participants, creating a fairer technological landscape and new economic opportunities.

Aethir’s architecture involves:

Containers: Perform real-time, remote rendering services.

Indexers: Match users with the best Containers based on performance and cost.

Checkers: Ensure Containers meet quality standards through random checks.

ATH Tokenomics

The ATH token is central to Aethir’s ecosystem, with a total supply of 42 billion tokens. It serves multiple purposes:

Transactional Utility: Facilitates transactions for processing power.

Governance and Participation: Allows token holders to vote on platform changes.

Staking: New node operators stake ATH tokens as a commitment to the platform’s goals.

Diversified Application: The token's utility will expand with future integrations like merge mining and integrated marketplaces.

Conclusion

Aethir (ATH) is set to revolutionize GPU utilization and cloud computing by addressing GPU shortages, lowering costs, and democratizing access to advanced computational resources. Backed by a team of seasoned professionals and major venture capital firms, Aethir is poised to make a significant impact in the tech industry.

What is unique about Aethir (ATH)?

Aethir (ATH) uniquely addresses the GPU shortage by pooling underutilized GPUs from various sources, enhancing availability, reducing costs, and democratizing access to advanced computational resources.

Who are the founders of Aethir (ATH)?

Aethir (ATH) was founded by Daniel Wang (CEO), Mark Rydon (CCO), Kyle Okamoto (CTO), and Paul Thind (CRO), all seasoned professionals with extensive experience in gaming, Web3, and technology sectors.

Who are the backers/investors of Aethir (ATH)?

Aethir (ATH) is backed by notable venture capital firms including IVC, Animoca Brands, Gate.io, Bybit, and Hashkey Group, highlighting strong investor confidence in its potential.

Where can I buy Aethir (ATH)?

You can buy Aethir (ATH) on MEXC, Bitget, Gate.io, Bybit, OKX cryptocurrency exchanges.