Aethir’s Node Sale Marks Milestone in Decentralization

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

• Over 65,000 Checker Node licenses were sold, valued at over 29,000 ETH.
• Aethir has achieved complete decentralization by distributing the sold nodes to over 20,000 buyers.
• Over 100 partners joined the node sale and helped decentralize control over Aethir’s GPU cloud infrastructure.
• The first batch of Checker Node NFT licenses was distributed to community members on 12 April.

Aethir, a leading force in GPU cloud computing, has distributed over 66,000 Checker Node licenses, valued at over 29,000 ETH, to over 20,000 buyers through its Public Node Sale. By doing so, Aethir has successfully decentralized control over its GPU DePIN ecosystem. After the node sale, Aethir’s implied FDV is over $2 billion, even before the company’s token generation event, which is scheduled for Q2 2024.

According to the team Aethir’s node sale is a major success for Web 3.0 decentralization. Achieving such a key milestone for Aethir’s ecosystem was largely accomplished thanks to its network of over 100 partners. In true Web 3.0 community-first fashion, Aethir’s network includes over 100 DAOs, launchpads, VCs, KOLs, syndicates, and NFT communities.

On this occasion, Aethir expresses gratitude to all of its partners. Some of Aethir’s most esteemed partners include Impossible Finance, Animoca Brands, Merit Circle, ARC, Dewhales, Fomofudme, NeoTokyo, and Mocaverse, with their exceptional dedication to Aethir’s vision.

Aethir firmly believes in Web 3.0 decentralization, which is why the company distributed its Checker Nodes to the community instead of retaining centralized control. With over 20,000 holders, Aethir has made history by facilitating the most decentralized node sale in Web 3.0.

Each node is represented by an NFT license, allowing users to set up and run their Aethir nodes once Aethir’s Mainnet goes live in Q2 2024. The first batch of Checker Node license NFTs has been distributed on 12 April 2024.

Daniel Wang, Aethir’s CEO, said: “Aethir’s decentralized node sale is a key milestone not just for Aethir’s journey but for the whole DePIN industry. 20,000 community members showed dedication to a decentralized GPU cloud computing vision by purchasing Aethir’s Checker Nodes and reinforcing our belief that community ownership is a key pillar of Web 3.0. Our partners have shown tremendous support throughout the node sale, and now it’s time to move onto the next steps of launching Aethir’s ecosystem.”

About Aethir

Aethir is revolutionizing DePIN with its advanced, distributed enterprise-grade GPU-based compute infrastructure tailored for AI and gaming. Backed by leading Web3 investors 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 for the future of decentralized computing.