Hong Kong – GAIB, the first economic layer for AI and compute infrastructure, announced on January 24 the successful completion of its GPU tokenization pilot program in collaboration with Aethir, a decentralized GPU-as-a-service platform for AI and gaming enterprises. Conducted on BNB Chain with support from exclusive partner Amber Group, this pilot program marks the first-ever Web3 project to tokenize GPU assets and revenue streams.
The program achieved $100,000 in 10 mins, demonstrating a strong demand for tokenized GPU assets. Participants were able to purchase tokens backed by enterprise-grade GPU revenue streams using stablecoins or cryptocurrencies.
“Our goal with the pilot program was to validate the feasibility of creating a liquid and accessible commodity market for compute power,” said Kony Kwong, Founder and CEO of GAIB. “The response from participants truly underscores the growing interest in the financialization of compute assets and lays the foundation for the development of a broader AI and compute economy.”
The pilot program was designed to test and address the increasing need for high-performance compute resources, which has been driven by advancements in artificial intelligence and machine learning. By tokenizing GPU clusters and their revenue streams, GAIB’s pilot program was able to offer upfront capital to compute providers and enabled investors to gain direct exposure to the AI economy.
Following the success of the pilot, GAIB and Aethir plan to expand their offering with a full product line targeting tens of millions of dollars in tokenized GPU assets. Future iterations aim to include enhanced accessibility for investors, additional DeFi integrations, and secondary markets for GPU asset trading.
GAIB is creating a decentralized market for tokenized GPU assets to meet the increasing demand for high-performance computing. Backed by prominent investors, it transforms enterprise-grade GPUs into yield-bearing assets, offering investors direct exposure to these resources. GAIB's platform supports a range of DeFi applications, such as GPU-backed stablecoins, lending, and futures, contributing to the development of an AI-driven economy.
This article is an edited version of a press release we received from a news agency to make the information clearer. However, the Korea IT Times is not responsible for all of the content in this article.
