Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Aethir launches $100M fund to boost Web3 innovation in MENA

Aethir launches $100M fund to boost Web3 innovation in MENA

GrafaGrafa2024/12/16 09:10
By:Mahathir Bayena

Aethir (CRYPTO:ATH) has teamed up with the Blockchain Center Abu Dhabi (ADBC) to support Web3 innovation in the MENA region.

The collaboration centers on advancing AI and gaming projects through Aethir's $100 million Ecosystem Fund.

The fund includes subsidies for graphics processing units (GPUs) and token grants aimed at eligible ventures.

Aethir's decentralized GPU cloud infrastructure offers high-performance computing solutions for developers.

Meanwhile, ADBC will assist with project onboarding, leveraging its regulatory and market expertise.

This partnership seeks to foster global Web3 innovation with a focus on AI and gaming applications.

“Aethir and ADBC are working together to create a more inclusive and innovative ecosystem,” a statement said.

The Ecosystem Fund aims to encourage the development of AI-driven solutions and next-generation gaming experiences.

By offering GPU subsidies and token grants, Aethir aims to lower the financial barriers for developers and startups.

This initiative aligns with Aethir's mission to expand Web3 capabilities across the MENA region, particularly in the fields of AI and gaming.

The collaboration is expected to streamline regulatory and market access for projects, facilitating a smoother path to success.

Aethir's infrastructure, which includes a decentralized GPU cloud, is designed to provide scalable and efficient computing power for blockchain-based projects.

At the time of reporting, the Aethir price was $0.08019.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!

Bitget Announcement2025/09/12 07:46

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

New spot margin trading pair — LINEA/USDT!

Bitget Announcement2025/09/11 10:04