The information about the Aethir (ATH) token is derived from various posts on X and web sources related to its launch on the Ethereum Blockchain. The ATH token is the native utility and governance token of Aethir, a decentralized cloud computing platform focused on providing enterprise-grade GPU infrastructure for applications in artificial intelligence (AI), machine learning (ML), and cloud gaming. Launched on June 12, 2024, ATH operates as an ERC-20 token on the Ethereum mainnet with a total supply of 42 billion tokens. Its token contract address is 0xbe0Ed4138121EcFC5c0E56B40517da27E6c5226B. Aethir’s ecosystem leverages a Decentralized Physical Infrastructure Network (DePIN) model, aiming to democratize access to high-performance computing resources by redistributing idle GPU capacity across a global network.

The ATH token serves multiple functions within the Aethir ecosystem. It powers transactions, staking, and governance, enabling community ownership and participation. Users can stake ATH to secure the network and earn rewards, with two distinct staking pools—ATH Gaming and ATH AI—offering additional incentives in partnership with gaming and AI entities. Staking flexibility allows users to choose between lock-up periods for higher rewards or no lock-up for immediate withdrawal access, with rewards distributed weekly based on the amount and duration of staked tokens. Beyond staking, ATH facilitates payments for computational resources, such as GPU rentals for AI training or digital content rendering, and grants holders voting rights in the Morpho DAO, which oversees protocol development and resource allocation.

Aethir’s infrastructure is designed to move away from centralized cloud models, utilizing a distributed network of GPU providers (Containers) and Checker Nodes that ensure service quality. The platform, supported by founders Daniel Wang, Mark Rydon, and Mack Lorden, has raised over $162.8 million across funding rounds, including a $150 million valuation pre-Series A in 2023, with backing from investors like NVIDIA and HPE. Aethir also integrates with Arbitrum for faster payments, though ATH remains rooted in Ethereum for staking and governance. The ecosystem anticipates future scalability needs in AI and gaming, positioning ATH as a key component of a decentralized cloud framework that supports enterprise clients and individual users alike.

The project emphasizes community engagement, highlighted by initiatives like the Aethir Cloud Drop campaign, which preceded the Token Generation Event (TGE) and distributed ATH to early participants, including over 20,000 Checker Node license holders from a node sale valued at over $146 million. Partnerships, such as with the Filecoin Foundation for decentralized storage, enhance Aethir’s capabilities, while its architecture—featuring low latency and on-demand GPU access—caters to industries requiring robust computational power. The ATH token, thus, is more than a cryptocurrency; it acts as the fuel for a pioneering DePIN stack aimed at transforming how GPU resources are owned, shared, and utilized globally.