Aethir’s October Recap: A Halloween Edition

October has been an exciting month at Aethir, with various key announcements and launches supporting our DePIN ecosystem’s rapid growth. We’ve joined hands with several industry leaders and numerous reputable enterprises from the AI and gaming sectors to support them with highly scalable, reliable, and secure cloud computing infrastructure. Aethir is firmly dedicated to encouraging state-of-the-art innovations, which is why October has been filled with new initiatives to support the brightest minds in Web3 and empower them with the resources they need to create life-changing solutions used by millions worldwide. Furthermore, we introduced a new business line involving our highly versatile Aethir Edge cloud computing devices.

This month’s recap is special because today is Halloween. We’ve joined forces with GAIB, one of our esteemed partners, to participate in a joint Candy Hunters: Halloween AiFi Adventure event running from 30 October to 7 November, which means there’s still time to join the fun. Additionally, we have been running an engaging Aethir Halloween meme contest with valuable rewards for our community.

Let’s dive into Aethir’s Halloween October recap to learn more about the key milestones we’ve achieved in the past month. 

Aethir’s $100 Million Ecosystem Fund

In October, we launched our $100 million ecosystem fund to empower compute buyers to push the boundaries of AI and gaming and ultimately deliver the best technological experiences to businesses and users worldwide. The $100M Ecosystem Fund is divided into several grant programs and phases to support cutting-edge AI and gaming innovators across various Web3 ecosystems. In Phase 1, we have launched two joint ecosystem grant programs with XAI and XPLA. Furthermore, the first phase of our $100 million ecosystem fund includes Aethir Catalyst, our grant program for AI and gaming, which is our ecosystem program to support promising enterprises dedicated to launching innovative products in these sectors. 

The Aethir Catalyst grants program is designed to accelerate the development of cutting-edge AI applications, cloud gaming platforms, and AI-integrated gaming experiences. Eligible companies can obtain grants or subsidies for computing power in Aethir’s GPU network. The grant value ranges from $5000 to $200,000 worth of ATH and is paid as a one-time payment to eligible companies. Aethir Catalyst grants are tailored to each company's unique needs, and applications are assessed based on various factors to determine the most adequate grant value.

Applying for Aethir Catalyst grants is straightforward. Submit your application using this link, and our team will reply as soon as possible with the next steps.

Welcoming New Partners to the Aethir Ecosystem

The Aethir ecosystem is exponentially growing, with numerous partners across the Web3, AI, and gaming sectors joining our vast DePIN network to reap the benefits of Aethir's massive and highly scalable decentralized cloud infrastructure. In October, Aethir EcoDrop returned for an autumn edition with four esteemed partners, including Staynex, Satoshi Universe, PrompTale, and ZkAgi, announcing their contribution to Aethir’s staking pools. Furthermore, Satoshi Universe announced an additional, special airdrop for Aethir Checker Node holders. 

When it comes to special rewards and surprises, EARN’M, one of our esteemed partners, gave the Aethir community an exclusive VIP spot in their ongoing SmartNode sale, allowing Aethirians to purchase nodes at discount prices and get a shot at winning an EarnPhone.

Along with the launch of Aethir Catalyst grants, we also launched another $10 million ecosystem grant program with XPLA, specifically for gaming projects to support Web3 gaming innovators. Furthermore, to showcase our dedication to AI innovation, we’ve partnered with NEAR Foundation to support NEAR AI and Delphi Labs’ AI Accelerator Program as a premier compute partner.

Throughout October, various AI innovators joined us on our mission to jumpstart the evolution of next-level AI creativity. ParallelAI, GAIB, and Ringfence Foundation joined the Aethir ecosystem’s AI roster.

On the gaming side, two additional Web3 gaming enterprises, Metastrike and Moonveil, joined Aethir’s network. 

Thanks to our partnership with Form Network, ATH stakers can use their stATH on Meditations and earn 2x Form Points.

Additionally, Aethir was featured in Nansen AI and MetaStreet’s report on Object-Oriented Finance as a critical driver of NodeFi innovation.

Redefining Social Media Management with Aethir Edge 

We’ve surprised the Aethir community and the broader DePIN sector by announcing a new business line focused on enterprise social media and AI powered by the Aethir Edge compute network. Driven by this latest development, the Aethir Foundation announced an estimate of 100 ATH compute rewards per day from November 2024 to mid-2025 for all online Edge devices that are actively contributing to the daily operations of Aethir’s DePIN stack. Aethir Edge provides a distributed edge computing infrastructure network that complements the needs of AI and cloud phone social media management applications. By leveraging a network of edge devices, Aethir Edge reduces latency, ensuring that your social media interactions are seamless and responsive.

Aethir Edge also enhances the performance of users’ social media management applications in several key ways, including generating high-quality content using AI tools, analyzing user data for personalized content delivery, optimizing ad targeting for greater efficiency, and automating tasks such as scheduling posts and responding to comments.

By increasing daily Aethir Edge rewards, the Aethir Foundation directly incentivizes users to actively participate in the network, contributing their unused computing power to support the growing computing demands of AI and cloud phone social media applications. The more users participate, the stronger and more robust the Aethir Edge network becomes, leading to a more efficient and accessible platform for everyone.

We are wrapping up October with our Halloween community campaign and looking forward to November, which will also be filled with amazing partnerships and news regarding the Aethir ecosystem’s core products and functionalities. Stay tuned, and follow us on social media and our community channels.