Aethir, a decentralized public infrastructure network (DePIN) firm, has unveiled a $100 million Aethir Ecosystem Fund to support gaming projects. The Aethir Foundation will back this initiative, providing essential financial assistance to the artificial intelligence (AI) and gaming sectors.
Accelerating Adoption of Decentralized Compute
The fund aims to speed up the adoption of Aethir’s decentralized computing platform. Startups and established companies can now scale their projects more easily. Aethir has also introduced Aethir Catalyst, a grant program within the ecosystem. Over the next year, this program will distribute 336 million ATH tokens, split equally between AI and gaming projects.
Aethir Launches Network on Ethereum Mainnet
In June, Aethir launched its cloud network on the Ethereum mainnet. Decentralized public infrastructure networks (DePINs) use blockchain-based protocols to establish and manage physical hardware infrastructure. Aethir’s cloud computing platform allows data centers, cloud providers, and crypto mining firms to contribute idle graphics processing unit (GPU) resources to the network.
$20 Million Aethir Catalyst Grant Program
The Aethir Catalyst is the core of this new fund, with a $20 million independent grant program. This initiative will support over 100 projects, providing financial aid through grants or subsidies for companies that rely heavily on GPU computing resources.
Aethir positions itself as a key infrastructure provider. This enables developers to focus on innovation without worrying about limited access to computing power. The fund launch comes at a critical time when AI and gaming increasingly depend on computational resources. By assisting both early-stage startups and large enterprises, Aethir aims to forge strategic partnerships that will drive growth in these industries.
In addition to the Catalyst program, Aethir’s Ecosystem Fund includes two $10 million grant programs. These initiatives, in partnership with XAI and XPLA, aim to enhance advancements in AI and gaming.
Commitment to GPU Compute Accessibility
Mark Rydon, co-founder of Aethir, emphasized, “Aethir Catalyst represents a significant commitment to democratizing access to GPU compute for AI and gaming innovators.” He added, “By allocating $20 million to this fund, we ensure that promising companies have the resources they need to thrive. This effectively lowers the barriers to compute power for all.”
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