Aethir’s node sale marks a milestone in Chainwire’s decentralization

Singapore, Singapore, April 12, 2024, Chainwire

• Over 65,000 Checker Node licenses were sold, worth over 29,000 ETH.
• Aethir has achieved complete decentralization by distributing the sold nodes to over 20,000 buyers.
• Over 100 partners participated in the node sale, helping to decentralize control of Aethir's GPU cloud infrastructure.
• The first batch of Checker Node NFT licenses were distributed to community members on April 12th.

Aethir, a leader in GPU cloud computing, has distributed over 66,000 Checker Node licenses worth over 29,000 ETH to over 20,000 buyers as part of its public node sale. In this way, Aethir has successfully decentralized control of its GPU DePIN ecosystem. Following the node sale, Aethir's implied FDV stands at over $2 billion, ahead of the company's token generation scheduled for the second quarter of 2024.

According to the team, Aethir’s node sale is a major achievement for Web 3.0 decentralization. Reaching such an important milestone for Aethir's ecosystem was achieved largely 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.

Aethir would like to take this opportunity to thank all of his partners. Aethir's most respected partners include Impossible Finance, Animoca Brands, Merit Circle, ARC, Dewhales, Fomofudme, NeoTokyo and Mocaverse with their exceptional commitment to Aethir's vision.

Aethir strongly believes in the decentralization of Web 3.0, which is why the company distributes its Checker Nodes to the community instead of maintaining central control. With over 20,000 holders, Aethir has made history by enabling the most decentralized node sale on Web 3.0.

Each node is represented by an NFT license, allowing users to set up and operate their Aethir nodes once Aethir's mainnet goes live in the second quarter of 2024. The first batch of Checker Node licensed NFTs was distributed on April 12, 2024.

Daniel Wang, CEO of Aethir, said: “Aethir’s decentralized node sale is an important milestone not only for Aethir’s journey, but for the entire DePIN industry. 20,000 community members demonstrated their commitment to a decentralized GPU cloud computing vision by purchasing Aethir's Checker Nodes, reinforcing our belief that community ownership is an important pillar of Web 3.0. Our partners have shown tremendous support throughout the node sale and now it is time to move forward with the next steps to launch the Aethir ecosystem.”

About Aethir

Aethir is revolutionizing DePIN with its advanced, enterprise-class, distributed GPU-based computing infrastructure tailored for AI and gaming. Backed by leading Web3 investors such as Framework Ventures, Merit Circle, Hashkey, Animoca Brands, Sanctor Capital, Infinity Ventures Crypto (IVC) and others, with over $130 million in funding raised for the ecosystem, Aethir is paving the way for the Future of decentralized computing.

ContactMarketing ManagerDikshaAethir[email protected]

This article was originally published on Chainwire