Aethir

Network3: Revolutionizing Edge AI Infrastructure On November 26, CZ(Binance founder) tweeted, 'I am not against memes, but meme coins are getting 'a little' weird now. Let's build real applications using blockchain.' The market's obsession with meme coins has overshadowed utility-driven blockchain projects like Network3, a decentralized Edge AI infrastructure project poised for significant growth. Network3 integrates blockchain tokenomics, decentralized physical infrastructure networks (DePIN), federated learning, and Edge AI to challenge big tech's AI monopoly. With over 543,010 nodes across 185 countries, Network3's decentralized federated learning framework ensures privacy and data security while incentivizing node participation. The project's rapid growth, surpassing Helium in node count, signifies its potential to democratize computing power and data. Market Potential and Tokenomics The DePIN and Edge AI combination presents a trillion-dollar opportunity. DePIN incentivizes users to contribute physical resources, projecting a market size of $3.5 trillion by 2028. Currently undervalued at $1.33 billion, the DePIN sector is poised for exponential growth. Edge AI, with a projected market size of $269.82 billion by 2032, excels in data privacy and efficiency, attracting tech giants like NVIDIA and Google. Network3's tokenomics model, with a total token supply of 1 billion, ensures sustainable mining rewards through staking and mining. Investing in Network3 Investing in Network3 offers a gateway to the future of AI infrastructure, combining DePIN's physical world integration and Edge AI's decentralized computing power. With a clear economic model and exponential market potential, Network3 stands out as a pioneer in revolutionizing the AI sector.

In recent developments within the cryptocurrency market, Bitcoin's dominance has seen a decline, as Ethereum and Bitcoin begin to reverse their trends. Notably, pro-crypto nominee Bessent has been selected for a position in the Treasury, indicating a potential shift towards more favorable policies for the crypto sector. Analysts like Van Eck predict that Bitcoin could reach $180,000 in this cycle, further fueling optimism among investors. Additionally, the Chicago Board Options Exchange (CBOE) is set to launch Bitcoin ETF-linked options in December, which could enhance market accessibility and liquidity. Meanwhile, the crypto community is facing challenges as the streaming platform PumpFun has come under fire for its content during live broadcasts. In a positive note for the industry, ZA Bank in Hong Kong has initiated crypto trading services, marking a significant step towards mainstream adoption in the region. Furthermore, Aethir has announced a $100 million investment in new crypto AI projects, showcasing the intersection of artificial intelligence and blockchain technology. This aligns with Salesforce CEO's vision of AI's future being dominated by agents. In other news, Cantor Fitzgerald has acquired a 5% stake in Tether, solidifying its position in the stablecoin market. However, Polymarket has decided to block French traders, reflecting ongoing regulatory challenges. The SEC commissioner is set to leave following Gensler's tenure, which may lead to changes in regulatory approaches. As the decentralized science (DeSci) movement draws parallels to early DeFi in 2019, the Monad project has rolled out its testnet, signaling continued innovation in the blockchain space.

Aethir is making significant strides in the blockchain space by integrating LayerZero to enhance its capabilities as a multichain AI and gaming ecosystem. This integration aims to bring the omnichain vision closer to reality, allowing for seamless interactions across different blockchain networks. Aethir’s native token, $ATH, will be available for testing on ZKSync, as announced on the platform's official X account. The integration with LayerZero will facilitate cross-chain operations, enabling users to move $ATH tokens effortlessly between various chains, thereby expanding the utility of the token within the ecosystem. The Aethir platform is built on a robust decentralized cloud infrastructure that supports AI and gaming applications. With over 43,000 high-quality GPUs, including more than 3,000 NVIDIA H100s, Aethir is well-equipped to handle complex AI computations. The network also features over 32,000 globally distributed Aethir Edge devices, enhancing its computational capabilities. The $ATH token plays a crucial role in this ecosystem, allowing stakeholders such as Aethir Checker Nodes, Edge device operators, and cloud hosts to participate in the network's growth and functionality. The collaboration with LayerZero will enable Aethir to transition to the Sophon ZK chain, enhancing its multichain capabilities and facilitating the execution of smart contracts across different blockchains. To further bolster its GPU cloud infrastructure, Aethir is also integrating Stargate’s omnichain liquidity protocol, which will simplify the exchange of $ATH tokens. This integration will provide access to unified liquidity pools, instant finality, and various staking and farming options. These advancements are designed to propel Aethir into a multichain future, ensuring that AI and gaming workloads can be accessed directly across multiple blockchain networks. As Aethir continues to innovate, it is set to play a pivotal role in the evolution of decentralized cloud solutions for the AI and gaming sectors.

Aethir has announced a strategic partnership with LayerZero, an interoperability protocol, aimed at enhancing the Aethir ecosystem with omnichain capabilities. This collaboration will enable Aethir to support its development on the Sophon ZK chain, allowing the $ATH token to function as an omnichain asset. As Aethir transitions to a multichain network infrastructure, it will facilitate the migration of its decentralized physical infrastructure network (DePIN) stack to the Sophon ZK chain, marking a significant step in its evolution. The $ATH token is positioned within Aethir's decentralized GPU cloud infrastructure, which is designed to serve as an enterprise-grade GPU-as-a-service provider, specifically tailored for artificial intelligence and gaming applications. This innovative approach not only enhances the utility of the $ATH token but also aligns with the growing demand for GPU resources in the AI sector. Aethir's commitment to providing high-performance computing solutions is further strengthened by this partnership with LayerZero, which will enhance interoperability across various blockchain networks. Aethir has successfully raised over $32 million for its ecosystem, with backing from prominent investors such as Framework Ventures, Merit Circle, Hashkey, Animoca Brands, Maelstrom, and Mirana Ventures. This financial support underscores the confidence in Aethir's vision and its potential to revolutionize the GPU cloud infrastructure landscape, particularly in the realms of AI and gaming. The partnership with LayerZero is expected to propel Aethir's growth and solidify its position in the competitive blockchain space.

Kraken, one of the leading cryptocurrency exchanges, is set to launch two new tokens on November 12, 2024, at 14:00 UTC: the Aethir native token (ATH) and the meme coin Apu Apustaja (APU). This announcement has generated significant excitement within the crypto community, particularly as Kraken prepares to add 17 new listings, including several meme coins. The Aethir token, which has recently seen a price increase of 17.14% in the past 24 hours, is currently trading at $0.07, reflecting a 12.29% rise since Kraken's announcement of its listing. The Aethir token, launched earlier this year on June 12, 2024, plays a crucial role in the Aethir DePIN stack, facilitating payments for GPU resources in AI and cloud gaming. With a market cap exceeding $280 million, Aethir aims to democratize access to GPU resources through its decentralized cloud infrastructure. In contrast, the Apu Apustaja meme coin, which started as an internet meme, has seen a slight decline of 3% in the past 24 hours, trading at $0.000982. Despite this, APU maintains a market cap of $326 million and a robust community following. The upcoming launch of ATH and APU on Kraken is a significant event for both tokens, as it provides them with increased visibility and trading opportunities. The Aethir token's recent performance, particularly its 54.41% increase over the past week, suggests that it may benefit from the ongoing Bitcoin rally, which has reached an all-time high of $89,604. As the crypto market continues to evolve, the success of these tokens will depend on their adoption and the overall market sentiment surrounding cryptocurrencies.

Manta Network has recently announced a strategic partnership with Aethir, a prominent decentralized cloud infrastructure provider. This collaboration aims to deliver high-performance GPU access to applications within the Manta Network ecosystem, significantly enhancing scalability and cost-efficiency. The partnership is particularly beneficial for resource-intensive applications in sectors such as artificial intelligence (AI) and gaming, where performance and cost are critical factors. By leveraging Aethir's capabilities, Manta Network seeks to optimize the performance of applications while reducing operational costs, making it an attractive option for developers. For developers building on the Manta Network, this partnership opens up new avenues for innovation. They can now utilize Aethir's DePIN stack, which provides scalable and affordable high-performance computational power. This is especially advantageous for applications that require intensive processing, allowing developers to access robust computing resources without incurring the high expenses typically associated with centralized cloud services. The ability to expedite research and development will enable faster market entry and innovation, ultimately enhancing the overall performance of applications within the Manta Network ecosystem. Aethir stands out as a pioneer in decentralized GPU-as-a-service platforms, specifically designed for AI and gaming applications. With a globally distributed network of over 43,000 GPUs, including more than 3,000 NVIDIA H100s, Aethir offers competitive pricing and exceptional computational resources. This decentralized approach minimizes latency and maximizes resource utilization, providing developers with an efficient and cost-effective solution for scaling their projects. Manta Network, recognized as the largest modular Layer 2 scaling solution on Ethereum, continues to attract significant investments and support, further solidifying its position in the web3 landscape.