Aethir’s Node Sale Marks Milestone in Decentralization

[PRESS RELEASE – Singapore, Singapore, April 12th, 2024]

• Over 65,000 Checker Node licenses had been offered, valued at over 29,000 ETH.
• Aethir has achieved full decentralization by distributing the offered nodes to over 20,000 consumers.
• Over 100 companions joined the node sale and helped decentralize management over Aethir’s GPU cloud infrastructure.
• The primary batch of Checker Node NFT licenses was distributed to group members on 12 April.

Aethir, a number one pressure in GPU cloud computing, has distributed over 66,000 Checker Node licenses, valued at over 29,000 ETH, to over 20,000 consumers by way of its Public Node Sale. By doing so, Aethir has efficiently decentralized management over its GPU DePIN ecosystem. After the node sale, Aethir’s implied FDV is over $2 billion, even earlier than the corporate’s token technology occasion, which is scheduled for Q2 2024.

Based on the staff Aethir’s node sale is a serious success for Net 3.0 decentralization. Attaining such a key milestone for Aethir’s ecosystem was largely completed due to its community of over 100 companions. In true Net 3.0 community-first trend, Aethir’s community consists of over 100 DAOs, launchpads, VCs, KOLs, syndicates, and NFT communities.

On this event, Aethir expresses gratitude to all of its companions. A few of Aethir’s most esteemed companions embody Unattainable Finance, Animoca Manufacturers, Advantage Circle, ARC, Dewhales, Fomofudme, NeoTokyo, and Mocaverse, with their distinctive dedication to Aethir’s imaginative and prescient.

Aethir firmly believes in Net 3.0 decentralization, which is why the corporate distributed its Checker Nodes to the group as a substitute of retaining centralized management. With over 20,000 holders, Aethir has made historical past by facilitating probably the most decentralized node sale in Net 3.0.

Every node is represented by an NFT license, permitting customers to arrange and run their Aethir nodes as soon as Aethir’s Mainnet goes dwell in Q2 2024. The primary batch of Checker Node license NFTs has been distributed on 12 April 2024.

Daniel Wang, Aethir’s CEO, mentioned: “Aethir’s decentralized node sale is a key milestone not only for Aethir’s journey however for the entire DePIN trade. 20,000 group members confirmed dedication to a decentralized GPU cloud computing imaginative and prescient by buying Aethir’s Checker Nodes and reinforcing our perception that group possession is a key pillar of Net 3.0. Our companions have proven large assist all through the node sale, and now it’s time to maneuver onto the subsequent steps of launching Aethir’s ecosystem.”

About Aethir

Aethir is revolutionizing DePIN with its superior, distributed enterprise-grade GPU-based compute infrastructure tailor-made for AI and gaming. Backed by main Web3 traders like Framework Ventures, Merit Circle, Hashkey, Animoca Brands, Sanctor Capital, Infinity Ventures Crypto (IVC), and others, with over $130 M in funds raised for the ecosystem, Aethir is paving the way in which for the way forward for decentralized computing.