Aethir's ATH Token Lists on Major Crypto Exchanges with a $3 Billion Valuation Prediction
Wednesday, June 12, 2024 10:12 AM
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DePin’s Aethir has achieved a significant milestone with its ATH token listing on over 16 centralized crypto exchanges, including OKX, Gate.io, and Bitfinex. The ATH token plays a crucial role in the ecosystem, serving as a medium of exchange, governance, staking, and ecosystem support. Crypto analyst Hitesh Malviya predicts a fully diluted valuation of $3 billion for ATH tokens, comparing it to Akash Network’s AKT token. Despite some community disappointments, Aethir’s approach of aggregating unused and new GPUs from various sources has attracted over 200,000 users and more than 20 node locations globally. The project has raised over $150 million from its node sales, providing a strong financial backing for sustainable growth.
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The IDE employs a dynamic control system that adjusts token release and payout levels based on real-time network conditions. This innovative approach contrasts with previous models that relied on high token rewards to stimulate supply, which often resulted in persistent inflation and misalignment with end-user demand. By stabilizing income for GPU providers across more than 130 countries and promoting predictable pricing for users, Io.net aims to create a more reliable and open market for compute resources. Gaurav Sharma, CEO of Io.net, emphasized the importance of transitioning from centralized hyperscalers to decentralized markets for compute, asserting that IDE represents a pioneering step toward this goal.
Despite the potential of decentralized compute networks, large enterprises have been hesitant to adopt them due to concerns about reliability and transparency. Io.net's IDE framework addresses these issues by enhancing visibility into network data, thereby fostering trust among corporate users. The model also includes deflationary mechanisms that link token flows to real-world usage, reducing income volatility for GPU providers and rewarding investors who support actual network utilization. With the IDE proposal currently open for community feedback, Io.net plans to finalize its tokenomics design by March and roll out the new model in the second quarter of 2026, positioning itself as a key player in the decentralized AI landscape.

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Gaurav Sharma, CEO of io.net, emphasized the importance of transitioning from centralized hyperscalers to decentralized, open markets for compute. The IDE is positioned as a pioneering solution that will enhance the growth of io.net by providing a reliable and transparent compute network. The launch of the IDE will not only stabilize income for GPU providers but also promote real-world utility for investors, ultimately creating a more robust compute network for users. The io.net community will have the opportunity to provide feedback on the new tokenomics proposal until February 27, with a final version set to be implemented in Q2 2026.

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