Which company is the most sincere in node sales, data comparison Aethir, Sopon, CARV

Author: Ruyue Xiaochu

Source: Foresight News

 

First, let's understand node sales. Node sales are actually a new type of token issuance method. It is a mutually beneficial way. For a project, a decentralized network itself needs a large number of nodes. For the project party, node sales have also become a new financing method. And for us retail investors, current projects are all institutionally overvalued when they go online, making it difficult to find good money-making opportunities in the secondary market. Participating in node sales means investing in the project before it goes live.

Overall, in terms of node token rewards, CARV is the most generous, with 25% of the total rewards allocated to nodes, which is the highest among the three, and releasing 12.5% of the tokens in the first year of the bull market, more than twice as much as the other two projects.

In terms of sales, Sophon sold 30,000 ETH, Aethir sold 40,000 ETH. CARV is about to start, and it is expected to perform well. Everyone can use this as a reference.

1. Project Introduction

Aethir is a decentralized computing power platform. Aethir aims to build a scalable, decentralized cloud infrastructure (DCI) that helps gaming and AI companies, regardless of size, deliver products directly to consumers, no matter where they are or what hardware they have. Aethir solves the problem of market fragmentation in a decentralized cloud manner.

Sophon is an entertainment-centered ecosystem, built as a modular aggregation using zkSync's superchain technology. As a zkSync superchain utilizing the ZK Stack, Sophon is customized for any high-throughput application (such as AI and gaming applications).

CARV aims to build the largest modular data layer, providing data services for GameFi and AI. By ensuring privacy, ownership, and control firmly in the hands of individuals, it fundamentally changes the way data is used and shared, creating a future where data creates value for everyone. CARV already has 2.5 million registered users, 1.2 million monthly active users, and over 750 gaming and AI companies integrated into the CARV ecosystem.

2. Total Node Token Supply

• CARV has a total token supply of 1 billion, with 25% allocated for node rewards.
• Aethir has a total token supply of 42 billion, with 15% allocated for node rewards.
• Sophon's total token supply has not been disclosed, with node rewards accounting for 20% of the total.
• Xai has a total token supply of 2.5 billion, with 42.09% allocated to DAC and nodes.

So Xai's 42.09% is for nodes and DAC, but the overall node reward is quite substantial. Among the recent node sales projects, CARV offers the highest amount of token rewards for nodes.

3. First Year Node Token Release

The release of node tokens is crucial in the first year. Because the coming year is likely to be a bull market, prices will be relatively good. However, entering a bear market later, coupled with accumulating token releases and institutions and teams starting to unlock, a 10x drop in price is quite normal. So when it comes to node releases, the key is how many tokens can be mined within the first year.

Xai's 42.09% consists of two parts. For specific node releases, calculations are based on the official node release chart provided. Xai initially releases 1.712 million tokens daily, and when the circulation reaches 1.25 billion (expected 5-6 months after TGE), 856,000 tokens are released daily. Based on calculations, Xai's first-year release is approximately 440 million tokens, with 85% allocated for node rewards, equivalent to 374 million tokens, about 14.98% of the total.

CARV offers a 25% node reward, but its token release is relatively fast. According to the official whitepaper, CARV's token release in the first year is 50%, which is 12.5% of the total, similar to Xai.

Aethir's release rules are not clear, only indicating a 4-year release period. Node rewards account for only 15% of the total, expected to be around 5-7% in the first year. This is mainly because Aethir has reserved a significant portion of rewards for miners providing computing power.

Sophon's node rewards have a three-year linear release, with 27.78% released in the first year, equivalent to 5.56% of the total token supply.

In terms of node token rewards, CARV's 12.5% first-year release is the highest among the three projects. Aethir and Sophon allocate only 5% of the total for nodes, which is relatively less.

4. Node Token Redemption Period

After tokens are mined from nodes, they are not immediately available but are converted into esXai, vATH, veCARV. There is a redemption period before they can be traded on exchanges.

For Xai, converting esXai to Xai requires a 180-day wait, with two options: if converted in 15 days, only 25% of Xai can be obtained. Converting in 90 days yields 62.5% of Xai.

Aethir's stipulation is that redemption within 30 days results in only 25% being received, with the default redemption period being 180 days.

For CARV, converting veCARV to CARV requires a 150-day wait, with the same two options: if converted in 15 days, only 25% of Xai can be obtained. Converting in 90 days yields 60% of CARV.

Sophon's node release details have not been disclosed.

Overall, all three projects have relatively long redemption periods, with CARV having a slight advantage. Its 150-day redemption is one month shorter than XAI and ATH's 180 days.

5. Other Token Unlocks in the First Year

In addition to node rewards, we also need to consider other token unlocks, as these can increase the inflation rate.

In token allocation, besides the node mining part, there are usually three parts: one part is for project needs, such as market making, operational activities, etc. This part is often released in large quantities at TGE, so it does not require much attention. The second part is ecosystem rewards, community, foundation, etc. This part often requires Dao voting for long-term project development. The third part is the release by institutions and teams, which requires special consideration.

In this regard, Xai appears less friendly. The team and institutions start unlocking after 6 months of TGE, releasing around 1.5% of the total tokens monthly. The node reward tokens are open for redemption approximately 2 months after TGE, plus a 6-month redemption period. This means that institutions and teams are circulating a large number of chips ahead of nodes in the market.

Investors in CARV start unlocking after 6 months of TGE, and the team starts unlocking after 9 months of TGE. The unlocking conditions are better than Xai, and it is worth noting that CARV's node mining token redemption period is 5 months, so the node tokens are available for redemption before investor unlocks.

Both Aethir and Sophon have a 12-month lock-up period for institutional and team tokens. However, in Aethir's token model, 35% of the total is for GPUs, released synchronously with nodes, meaning that twice the number of chips compared to nodes are unlocked together.

6. Node Sales Situation

 

In terms of node sales, Xai has sold 35,155 nodes, with sales amounting to 13,080 ETH, valued at $40 million, and an average node cost of 0.372 ETH. The node price has risen from a low of 0.133 ETH to 1.43 ETH, more than 10 times higher.

Aethir has sold 74,040 nodes, with sales amounting to 41,627 ETH, valued at $130 million. The average node cost is 0.56 ETH. The node price has risen from a low of 0.1259 ETH to 1.8232 ETH, a 14x increase.

Sophon has sold 121,261 nodes, with sales amounting to 31,087 ETH, valued at $96 million. The average node cost is 0.256 ETH.

Regarding node sales, XAI can be considered the pioneer of this round. Most node sales projects have learned from XAI. However, XAI's data itself is not very good because the market conditions were not very hot when XAI was sold. Additionally, since XAI was a first-time project, many people had concerns about this new form. Moreover, many who participated in GALA node sales in 2021 have not yet broken even. However, XAI has shown promising signs.After the closure of Binance's line coin, early node participants reaped substantial profits, attracting many users to projects that later engaged in node sales. Aethir's node sales not only benefited from the profit-making effect of XAI but also occurred during the peak speculation in the AI sector. As for other projects with good quality, the possible outcome lies between XAI and Aethir. In summary, from the project perspective, Aethir, Sopon, and CARV do not belong to the same track and cannot be directly compared. However, each has its own advantages. Aethir belongs to the AI track and possesses scarce GPU computing power, which is currently the hottest sector. Sopon's project seems more like a quick assembly during a good market trend. Nevertheless, it benefits from the project initiated by zksyc, with significant popularity and abundant resources within the industry. CARV, having accumulated for many years, is growing rapidly with a large user base and ecosystem projects. In terms of node sales, CARV is the most generous, allocating the highest percentage of 25% of the total rewards to nodes among the three, and releasing 12.5% of tokens in the first year of the bull market, more than double that of the other two projects. Regarding sales figures, Sophon sold 30,000 ETH, Aethir sold 40,000 ETH, and CARV is about to start, with expectations not being too bad. This can serve as a reference for everyone. Hot Project Interaction Guide: Continuously updated interaction guides for new projects with airdrop potential, projects that have recently received funding, and incentive testnets worth participating in. Associated Labels: Node Sales, Aethir, Sopon, CARV, XAI ChainCatcher reminds readers to rationally view blockchain, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on the site is market information or opinions of related parties and does not constitute any form of investment advice. If sensitive information is found in the content, you can click "Report," and we will handle it promptly.