• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Aethir and Injective Launch First-Ever Tokenized GPU Marketplace

user avatar

by Giorgi Kostiuk

10 months ago


Aethir and Injective have partnered to launch the world’s first tokenized GPU platform, aiming to revolutionize access and trade of computing resources.

What Are Tokenized GPUs?

GPUs have become essential in AI development due to their ability to perform massive parallel calculations at high speeds, which is vital for training machine learning models. The traditional GPU market dominated by companies like Nvidia presents barriers due to high costs and acquisition complexity. The Aethir and Injective partnership seeks to solve these issues by tokenizing GPU resources, making them accessible to a broader audience.

Advantages of Tokenized GPU Resources

This initiative offers several key benefits: 1. Fractional Ownership: Users can purchase only the compute power they need, eliminating large upfront investments. 2. Instant Utility & Composability: Tokenized GPUs can be seamlessly integrated into various applications. 3. Real-time Resource Trading: This dynamic marketplace allows for real-time buying, selling, or leasing of GPU compute power. 4. Smart Contract Integration: Smart contracts ensure that all transactions are automated, transparent, and secure. 5. Global Accessibility: Tokenized GPUs break down geographical barriers, providing high-performance computing resources worldwide.

Technical Details and the Role of ATH Token

Aethir and Injective combine their expertise to bring tokenized GPUs to market. Aethir operates one of the largest crypto GPU networks, ensuring reliable access to computing resources. Injective provides a platform for tokenizing real-world assets, including GPU compute power. The ATH token is used for purchasing computing power, rewarding network participants, and securing the network through staking.

The partnership between Aethir and Injective opens new possibilities at the intersection of AI and blockchain technologies, offering revolutionary solutions for advancing these fields.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

NestAI Secures €100M Funding to Establish Europe's Leading Defense AI Lab

chest

Finnish startup NestAI has raised €100 million to create a premier physical AI laboratory in partnership with Nokia, focusing on defense applications.

user avatarZainab Kamara

Abu Dhabi Judicial Department Accepts Cryptocurrency for Legal Payments

chest

Abu Dhabi Judicial Department becomes the first government institution in the Middle East to accept cryptocurrency for legal payments.

user avatarSon Min-ho

Mubadala Expands Stake in Binance, Strengthening Digital Asset Strategy

chest

Mubadala has expanded its stake in Binance with a 2 billion investment, part of a strategy to diversify holdings and engage in the growing digital economy.

user avatarAyman Ben Youssef

Measuring Impact in Investing: The Role of IRIS Framework

chest

The IRIS framework provides a standardized approach to measuring social, environmental, and financial success in impact investing.

user avatarKofi Adjeman

HelloTrade Secures $46M Seed Funding to Enhance Blockchain Education and Security

chest

HelloTrade, a blockchain-based trading platform, has raised $46 million in seed funding to enhance user education and improve platform security.

user avatarNguyen Van Long

Understanding Impact Investing II: A Dual Mandate for Financial and Social Returns

chest

Impact Investing II is defined by a dual mandate of generating financial returns alongside measurable social or environmental impact.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.