Decentralized smartphone Aethir and APhone have launched a new scaling solution that is expected to increase APhone’s user capacity by tenfold (10X) and result in a 90% cost reduction.
The new scaling solution will enable APhone to support over 800,000 daily concurrent users and reduce the monthly user cost to below $0.60, a significant reduction from the previous over $6. This will result in a cost reduction of over 90%.
According to William Paul Peckham, the chief business officer of Aphone, the company’s distributed GPU cloud computing network was responsible for the substantial cost reduction. He stated in an interview with Cointelegraph:
“[Aethir] were able to reduce the cost by streamlining operation and striking favorable deals with hardware manufacturers and data centers. Their tech allows them to virtualize and split the hardware without sacrificing capacity to offer superior quality for the phone service without demanding extra hardware.”
Thanks to Aethir’s distributed GPU infrastructure, the new scalability solution will save APhone more than $3.2 million each quarter.
Aethir Edge AI to improve Web3 mobile applications
The strategic partnership will include the integration of Aethir Edge, an enterprise-grade artificial intelligence (AI) device, into the cloud infrastructure of the decentralized smartphone.
Aethir Edge will be instrumental in the operational framework of Aphone by improving the speed and efficacy of Web3 applications.
Aethir Edge hosts APhone’s instances, ensuring that more resource-intensive decentralized applications (DApps) such as Web3 games or metaverse platforms operate smoothly and with reduced latency.
Mark Rydon, the co-founder and director of strategy at Aethir, has also stated that Aethir Edge will improve network performance and security.
A statement that Rydon provided read as follows:
“By assigning unique IP addresses to each cloud smartphone, Aethir Edge is massively beneficial for applications requiring distinct network identities, such as gaming, IoT, and decentralized finance platforms,”
The DePIN industry may reach $3.5T by 2028
With an estimated total addressable market of over $2.2 trillion, DePIN is one of the fastest-growing industries.
Messari’s January 2023 report anticipates that the DePIN industry will surpass $3.5 trillion by 2028, representing over $1.3 trillion gain.
According to Peckham of APhone, the ambitious milestone could be achieved within the next four years with the appropriate technological and regulatory advancements:
“While Messari’s $3.5 trillion prediction for 2028 is ambitious, reaching such a valuation will depend on regulatory developments, technological advancements, and broad adoption across industries. DePIN removes costs from intermediaries while increasing security of the network, which is becoming increasingly valuable for scaling businesses.”
Additionally, some are optimistic about the industry’s future. For example, Carlos Lei Santos, the CEO and co-founder of Uplink, anticipates that the DePIN sector will be the site of the next $1 trillion company.