I have recently updated a lot of content on the Depin track, and during my research, I realized I missed an extremely strong airdrop opportunity: Aethir. Although the TGE has passed, the vision of this project and the upcoming major updates still seem to have a very large opportunity. Today I saw Aethir announce a partnership with LayerZero to create a multi-chain AI and gaming ecosystem, and then I dug deeper into Aethir, it's really impressive.
1/ What is Aethir
We all know that large games and video rendering are very GPU-intensive. Aethir builds a decentralized distributed GPU network, gathering idle GPUs worldwide to provide services externally. Users can consume on demand, and we can rent our computing power on this network to earn $ATH. Currently, the price of ATH is around 0.06 U, showing relatively stable trends, but with the development of the entire Depin industry, the future potential is limitless.
2/ Missed big opportunities
Brothers who participated in Aethir early on basically all got results; the key is that the airdrop pattern for ATH is large—if you participated, rewards are given. That's also why Aethir's nodes were sold out immediately upon sale, with nearly 100 million sold. But what was I doing at that time? Slapping my thigh in regret. Moreover, I saw that Aethir also sold mining machines (Aethir Edge) early on, and I had no idea about this information. It is said that those who got mining machines early are basically now lying flat and earning ATH every day.
3/ Everything is just beginning
The reason I have been focusing on the Depin track recently is that as long as this track can be successful, few people will roll up their mats and run away. This is true for Grass, and also for Aethir. The Aethir team has recently announced a decentralized governance plan, and according to them, it is to reshape the future of Aethir. I reviewed the official articles, and they provided detailed insights for the future in their entire roadmap, with quite a few codes within.
⭐ Goals
The project team has decided to increase the transparency of the project and the weight of the community. In the future, from production lines to management, the community will be able to participate in decision-making. This way of decentralizing and bundling the interests of the project's future with computing power providers, validators, and ATH stakers is very decentralized.
⭐ The plan will be implemented in four phases according to the roadmap to realize this democratic scheme:
Development phase: In this initial phase, Aethir will create the basic elements necessary for decentralized governance, such as smart contracts, voting mechanisms, and staking functions. The goal is to establish a strong community participation structure.
Community education and onboarding: To ensure that all stakeholders are well-prepared, Aethir will hold educational meetings and workshops to explain the governance model and how participants can get involved. This phase is crucial for building an informed and active community that understands the responsibilities and benefits of decentralized governance.
Beta testing: A beta version of the governance system will be launched, allowing a selected group of users to participate in decision-making and provide feedback. This phase is crucial for identifying any potential challenges or adjustments needed before a full launch.
Full decentralization governance goes live: After successful public testing and adjustments, Aethir will officially launch a decentralized governance system, empowering community decision-making. This marks the completion of the transition and the beginning of community-led governance.
⭐ Plan
In the future, roles participating in community governance will be divided into Compute Providers, Checkers, and ATH Stakers. These roles can make collective decisions on numerous directions such as product development and functionality, token economics, etc. For example, regarding reward proposals, as long as participation is high and opinions are aligned, the proposal can be approved.
Detailed plan information: https://blog.aethir.com/blog-posts/decentralized-governance-shaping-the-future-of-aethir
Overall, among the many projects that have already had their TGE and stable token prices, Aethir once again demonstrates a big picture during the airdrop. This kind of project is worth joining to build it well together.