financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Aethir and Magic Eden Join Forces to Boost Web 3.0 Gaming
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Aethir and Magic Eden Join Forces to Boost Web 3.0 Gaming
Apr 30, 2024 5:02 AM

Aethir a distributed GPU cloud computing platform has announced teaming up with NFT giant Magic Eden to boost Web 3.0 gaming on a massive scale. The aim is to create a unified Web 3.0 gaming ecosystem by utilizing Aethir’s enterprise-grade GPU infrastructure and Magic Eden’s NFT platform.

The latest initiative will also enable Magic Eden’s gaming partners to have access to Aethirs premium GPU-as-a-service platform, while the latter will recommend Magic Eden to its gaming partners as their primary NFT platform.

Aethir and Magic Eden Team Up

In a press release shared with CryptoPotato, Aethir stated that Magic Eden is a highly versatile NFT hub used by projects from different segments of the NFT industry, but gaming projects are a vital element of the marketplace.

With blockchain gaming becoming highly demanding regarding GPU power coupled with the rapidly growing number and quality of blockchain games, there is a need for scalable cloud infrastructure to accommodate new games and players.

As such, Aethir aims to provide the necessary GPU resources to power the next generation of blockchain games. Through its decentralized cloud infrastructure, Web 3.0 gaming projects can ensure a smooth experience for their users regardless of their location.

Enhancing Global Gaming Accessibility

Aethir, which is an AI-focused GPU-as-a-Service provider, revealed that its computing infrastructure distributes GPU Container resources globally. Rather than relying on a small number of centralized big-tech data servers, the company employs numerous distributed cloud servers.

This setup reduces the physical distance between gamers and GPU cloud resources, thereby reducing latency. Additionally, Aethirs technology aggregates processing power from idle GPUs, leading to more efficient GPU usage and cost-effectiveness, the company, which is backed by Hashkey and Animoca Brands, said in a statement.

Following the development, Magic Eden’s CRO, Chris Akhavan commented,

Aethir’s compute infrastructure has the potential to solve critical issues for distributing web3 games. We’re excited to see web3 studios leverage the ability to have their games instantly playable through any browser by using Aethir’s platform.

This provides the opportunity to reach more gamers in environments that aren’t restricted by the major app stores while giving gamers an instant path to web3 games without the need for lengthy download and install times.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cardano (ADA) Price Prediction for This Week
Cardano (ADA) Price Prediction for This Week
Nov 26, 2024
ADA broke above $1! Key Support levels: $0.90 Key Resistance levels: $1.3 1. Buyers Sent the Price Above $1 For the first time since 2022, ADA has returned above $1. This impressive performance has made this cryptocurrency the center of attention lately. However, buyers are currently trying to keep the price above this key psychological level. If they succeed, the...
Tron’s Justin Sun Secures Position as Biggest Investor in Donald Trump’s Crypto Project
Tron’s Justin Sun Secures Position as Biggest Investor in Donald Trump’s Crypto Project
Nov 26, 2024
Justin Sun seems to be seizing every opportunity that crosses his path, with his latest move making waves in the industry. The founder of the Tron blockchain has become the largest investor in Donald Trumps World Liberty Financial, investing $30 million in the project’s token. Justin Suns Bold $30M Bet On November 26th, Sun took to X and announced that...
Solana’s Pump.fun Halts Livestream Function After Disturbing Content Sparks Outrage
Solana’s Pump.fun Halts Livestream Function After Disturbing Content Sparks Outrage
Nov 26, 2024
Solana-based meme coin generator Pump.fun has announced pausing the live streaming functionality on its site for an indefinite time period until the moderation infrastructure is ready to deal with the heightened levels of activity. The latest move comes after coming under fire for its controversial livestream feature, which has been exploited for disturbing acts. Pump.fun Pauses Livestreams Temporarily In response...
Altseason Speculations Heat up as Altcoins Market Cap Near May 2021 Levels (Bitfinex)
Altseason Speculations Heat up as Altcoins Market Cap Near May 2021 Levels (Bitfinex)
Nov 26, 2024
Although market dynamics signal the onset of an altcoin season, Bitfinex believes any major correction in bitcoin’s price would be magnified in these assets. Over the past three weeks, the Total3 Index, which refers to the market capitalization of cryptocurrencies excluding bitcoin (BTC) and ether (ETH), has rallied to levels not seen in three years, signaling the potential onset of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved