Aethir Edge Review (New King Of DePin?)

What's up dudes and happy new year to all of you. This is of course like crypto here with a brand new deep in device review This one is called Aether Edge Which is part of the Aether ecosystem which consists of GPUs Which are distributed throughout their cloud computing infrastructure for all types of clients mostly AI and as more companies wanting to run their own AI or Infrastructure more computing power is required. So that's where a lot of these cloud computing services and decentralized rendering is basically come into play and Catering to the market on a lot more cost effective way than some of the more centralized systems right now And the Aether ecosystem is actually kind of large So obviously there is the Aether Edge device and there's obviously the nodes which we might have mentioned earlier this year I didn't buy one and it seems that that nodes haven't been performing really well RYI wise so I guess I dodged the bullet there and then there's a lot of like staking things and other things that you can basically do with their token and Obviously they have quite a lot of big partners already Aboard and their token is listed on a lot of top exchanges like gate for example, and They have a lot of countries supported I mean, that's a lot of GPUs on demand right now. So over 400 million worthy of computing capacity So there's a lot of like potential with these types of networks Obviously as I'm not a customer I don't know like what is the cost of Aether compared to more centralized Basis running thing and also they're like gaming emphasis here also But like we don't know like what exactly is the cost difference here between Aether and Some of the other big players in the space But this is something that did raise a lot of money They have done or are going to do an airdrop also to my knowledge and So there's a lot of distributions of the tokens So node holders are getting them the device runners are basically getting them and then you get stakers A lot of ways that they're distributing the token right now, which I want to talk about in a second But today we are going to be talking about the Aether edge device now in terms of the physical appearance of the devices I'm unboxing the thing over here is that it's quite a big I mean It's been bigger than a lot of the helium miners that we have talked about on the channel for example Almost like the double the size so it's not exactly like a slim model, but it's extremely simple Otherwise like there's basically two cables coming in one internet and one power cable and It's not like very heavy or anything and it's basically plug and play style of a miner So you don't really need to do a lot of configuration Basically you set it up and there will be a QR code you scan the QR code and then you basically put out the initial ATH Tokens and then it will start to accumulate rewards to you on a daily basis So it's kind of like a very simple and that's how it should be these deep devices in general They should be easy to set up and they shouldn't take a lot of time or maintenance or updating and things like that It should be super streamlined process and that's what it mostly felt like to me Obviously was a bit of a problem connecting with the Bluetooth and the internet But I solved it out within 24 hours with the customer support So that was pretty pretty easy now in terms of the price and everything I guess we should probably start there right now and apparently there's around 50,000 of these devices in the market and as the I believe the the price of the devices will go up as more sold if I Remember correctly and these are not like the most cheapest devices out there obviously we have mentioned so many on the channel and there has been more expensive ones and more cheaper ones and in a lot of ways it kind of reminds me of the MXC which was a total flop in my opinion and total security flaw so I want to talk about the price so It is $1,300 to basically buy an Aether edge from edge market So you can use I get $100 discount by using the code light crypto at edge market and market is I think they are Supplying into the European market. So there's a lot of other Regional things in case you're in Turkey or America or Australia You will have different vendors because you want to obviously Cut the cost on the value added tax and things like that and you want to have the device Soon as possible coming to your home so you can start accumulating those rewards took me around week With this service to basically get it on home. So it's a pretty fast process. So I'm very happy about that But in case you are not in the European region I'm gonna be adding some different options obviously in the description down below Where you can shop for your own Aether edge devices, but this is roughly the price range that we are talking about anywhere from 1300 to 1500 depending on your location So let's actually crunch some numbers and look at that RYI So there's a decent calculator at the QH website which I will link down below Although this does not count any of the vesting periods in which I will explain in a second So basically with my discount code your price would be 1.3k It would be getting $188 a month with the annual ROI of 172% that would mean 2x almost within a year which is highly competitive RYI for any style of a deep-end device that I have ever bought in the past and that is with the current token price valuation Assuming it doesn't go down or up But looking at the tokens chart for six months It actually has done very very well given to the fact that you have so much sell pressure From the private sale people from the devs and from the node holders and now from the Aether edge Device holders all of them are having and creating this massive sell pressure despite all of that The token price actually has been doing fairly well throughout these last six months And there's obviously a lot more room for in terms of growth going back to 8 cents or even 10 cents at some point At the peak of this market or it could even go back into its lower sums of 4 cents But even that it still would be performing fairly well now here's the big catch though There is a vesting period for your tokens. So you're getting hundred Aether tokens per day 30% of those will be instantly unlocked and the remaining 30% are gonna be claimable after 90 days So your device would come on January 1st That would mean you would be getting them around March or April And then the 40% are gonna be after a half a year and that could be already when the bull market has ended But given all of that context here, it doesn't have like a maximum Gap how much tokens you can earn with the device. So technically if the project is going to be relevant in the next year You're going to be getting still good amount of rewards But yes, this is very very important thing to understand about that This RYI is not 172% it is third of that And I think once again, I said I think the token does have room for growth in terms of like getting into 8 cents 9 cents again. I think it's totally on the table So it's a bit of an interesting model and obviously people who don't want to sell at the current prices They also do have the ability to participate on staking Now the staking can be done on two different pools You have a gaming pool and you have AI pool And these will get you actual additional Airdrops and rewards as it is stated on this withdrawal page So you will be getting certain types of rewards based on What you will be doing inside the ecosystem. So There are other utilities for the token, but I've always said like historically that Stake to earn is a bit of a trap And it's if you're on this really really early or maybe allocating 30% of your money that you're making with the node And putting that into staking for potential rewards It's gonna be pretty hard to make money back by staking because you have to exit at some point And stakes obviously have these things and I mean a lot of lock up periods and things like that I think there's a weekly lock up minimum for the tokens But overall like in terms of the device and the way it works. It's pretty straightforward And it's still like early on as it started only on november 1st and i've been accumulating since when was it like December 6th, so I have already made This is my aether edge account. So I made 47 so far in terms of the revenue plus 5.5 which I haven't sold The problem with the staking it seems that you can only stake the eighth on ethereum's network not on arbitrum And that's one of the big problems with the staking because that will mean Obviously it would desensitize people from claiming all the time because the gas fees But in terms of the gas It's not really worth it to stake five dollars because Well, that's going to be the gas cost of staking in the mainnet So that's a huge minus for me in terms of like looking at the valuation in terms of the staking As everything is happening through Ethereum mainnet and I don't like that at all because Then you would have to stake a considerable amount to make good returns And like counting in all the gas that is going to be given out and that also has 136 apr Which is also giving out more selling pressure for the token So maybe the strategy would be Like recouping the investment from the device and then maybe staking for more after you got your money back and bit extra But I don't really have much else to add for in terms of this review I'm going to be adding links down below where you can buy the device Or you can buy the aether token that might be a strategy just to buy it And then stake it that might be also a good strategy versus actually getting the device But if the project is going to be lasting even half of the time that helium has It's going to be giving you money back on that device. I think that's almost granted And given out that there are these staking incentives that is going to be decreasing some of the selling pressure And i've also read that the v Ath is going to be getting some more utility down the line and more benefits as more time goes on But in terms of like devices that are a bit more trustworthy and a bit more stable in price Because there are deep in devices that just launch and lose like everything in three months or something that has happened before And it's kind of risky. So aether is very established project compared to a lot of the other You know devices out there and you can buy multiple devices in the same home You can have 10 of them if you want to But I don't think that's a very it's kind of like a risky play to be honest with you But you can set up all the accounts actually under the same account under the dashboard So that's pretty pretty good But I really don't have much else to add here We're probably going to be doing some type of update on the whole thing later down the line I wish the application was a bit better I think it's kind of like very bad for tracking stats That's what I would like to do in terms of counting your RYIs and things like that But hey, if you like this video, make sure to subscribe and check out my other deep in reviews on the channel There's gonna be a lot more of them in January as well, but thanks for watching. See you soon in the next video. Cheers