Ethernity Cloud

What Ethernity Cloud does

Ethernity Cloud (legal entity Ethernity CLOUD Ltd, Malta) operates a decentralized confidential computing platform built on a DePIN (Decentralized Physical Infrastructure Network) model, claiming more than 5,000 operator nodes (approximately 3.3K active) running Intel SGX and TEE hardware for trusted execution environments. The protocol layers EVM-compatible smart contracts across two chains (bloxberg, where it originally launched Proof of eXecution in 2019-2020, and Polygon, where the ECLD token is multichain) and integrates IPFS for decentralized storage, with proprietary additions including SecureLock Enclave, TrustZone Enclave, and SwiftStream File Service. A Node.js and Python SDK plus a sandbox Devs Playground support developer onboarding, and the platform extends into ENS-based decentralized DNS (.ecld on Polygon, .etny on bloxberg) and an in-development ComputeVault VM targeting AI workloads.

The business is token-centric rather than traditional SaaS: ETNY (total supply 1B, ~534M circulating) powers staking with a minimum 5,000 ETNY operational node requirement, while ECLD supports multichain exchange listings (QuickSwap DEX, BitMart) and a 2M ECLD liquidity mining program across three pools. Revenue mechanics include node stake requirements (treated as recurring subscription), developer usage rewards for deployed dApps, staking reward distribution (up to 30% APR base), and DEX liquidity incentives (max 20% APR at 300K USD TVL). Go-to-market is multi-channel: self-serve staking dApp and mobile wallet (iOS/Android) target consumers; an SDK, developer playground, grants, and GitHub presence drive product-led developer adoption; enterprise confidential computing is sold via direct contact form; and hardware affiliates (Valeriy Eremeev in Russia/EACU, Database Pro SRL and others in Europe, Luciden Technology SA in US/LATAM) distribute pre-configured nodes.

The company is founder-led by CEO Iosif Peterfi (also Managing Director), with Ioan Munteanu as COO and Andreas Stavropoulos as CTO, advised by Keith Koo. Named customers and partners include Max Planck Digital Library, Intel, Nvidia, Scontain, Bloxberg, Polygon, QuickSwap, UNICEF (CSR), and pilot users such as Greenant and Bank of Memories. Funding came from a 2021 token offering (Private Round Q1, Pre-Sales and Public Sale Q2) with undisclosed amounts; no further equity or venture rounds are reported, and revenue figures are not disclosed.

Name

Ethernity Cloud

Legal name

Ethernity CLOUD Ltd

Website

https://ethernity.cloud

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Ethernity Cloud is a Malta-based DePIN protocol that provides decentralized confidential computing using Intel SGX and TEE hardware across 5,000+ operator nodes, serving enterprise customers, Web3 developers, node operators, and token stakers through staking, developer tools, and enterprise direct sales.

Ownership category

akta.pro rank

Product category

Decentralized Confidential Computing Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computer Systems Design and Related Services (54151)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Computer Programming Services (7371)

akta.pro primary industry

Decentralized Storage, Compute & Networking (IPFS/Filecoin, compute markets, DePIN) (FSAPAAAK)

akta.pro secondary industries

Smart Contract Developer Platforms & Tooling (SDKs, APIs, frameworks, indexing) (FSAPAAAH), Deployment, Automation & DevOps (build pipelines, contract deployment tools) (FSAPABAH)

Keywords

• Decentralized cloud computing
• Confidential computing platform
• Trusted execution environments
• Blockchain infrastructure network
• Web3 developer tools

Headquarters

HQ city

Valletta

HQ country

Malta

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations

Revenue model

1. Node Stake Requirements: Node operators must stake ETNY tokens as collateral to run nodes. The minimum required stake for a fully operational node is 5,000 ETNY (including 1,976 ETNY base stake and 3,024 ETNY minimum extended stake). Staking creates economic incentive alignment and network security.
2. dApp Developer Revenue: Developers building dApps and scripts on the platform earn rewards each time their dApp or script is used on the Ethernity Cloud ecosystem. This creates a developer monetization mechanism within the decentralized infrastructure.
3. Staking Rewards Distribution: Token holders stake ETNY tokens and receive rewards through the staking dApp. Base staking rewards up to 30% APR are dedicated exclusively to node operators. Extended staking rewards are shared between stakers and node operators based on configurable reward split.
4. Liquidity Mining Rewards: Ethernity Cloud provides 2 Million ECLD tokens as rewards for liquidity providers across 3 pools on QuickSwap. Liquidity providers earn rewards from DEX trading fees plus additional ECLD token rewards from the protocol. Max APR of 20% for TVL of 300K USD.

Pricing tiers

Go-to-market motion3 records

Distribution channels8 records

Marketing channels12 records

Core offering

Ethernity Cloud operates a decentralized physical infrastructure network (DePIN) for confidential computing, powered by over 5,000 operator nodes. The platform enables businesses to process sensitive data securely using Intel SGX and Trusted Execution Environment (TEE) technologies, with blockchain-verifiable transparency across multi-chain smart contracts on Bloxberg and Polygon. Supporting products include the ETNY and ECLD utility tokens, a mobile wallet, a staking dApp, an SDK for developers, decentralized DNS, and the Proof of eXecution (PoX) protocol.

Product overview

Ethernity Cloud is a decentralized cloud computing platform built on a DePIN model with over 5,000 operator nodes. The platform provides a unified ecosystem centered around confidential computing for businesses, with core products including the ETNY utility token, ECLD multichain token, and the Ethernity Cloud Wallet mobile app. Users can participate through the Staking dApp (offering up to 30% APY via Base and Extended staking), earn exclusive Etherneals NFTs for enhanced staking rewards, or operate nodes through the Hardware Affiliates Program. Developers can build on the platform using the Node.js and Python SDK with access to the Devs Playground sandbox and the Proof of eXecution (PoX) system for certifying computations on-chain. The ecosystem also includes ComputeVault VM (roadmap 2025-2026), ENS decentralized DNS domains, and a Liquidity Reward Program on QuickSwap with 2M ECLD in rewards.

Differentiator

Problem solved

Functional benefit

Brands

• Etherneals NFT: NFT collection offering exclusive rewards for token stakers in the Ethernity Cloud ecosystem.

Products and services

• Ethernity Cloud Platform Decentralized confidential computing platform built on a DePIN (Decentralized Physical Infrastructure Network) model, enabling secure cloud computing with over 5,000 operator nodes. Uses Intel SGX and TEE technologies for hardware-level data protection, protecting business data at all times (in transit, at rest, and being processed). Targets businesses in healthcare, financial services, and technology whose data is their biggest asset.
• Ethernity Cloud Wallet Mobile wallet application for iOS and Android that allows users to securely manage crypto assets, stake ETNY tokens, and track rewards. Supports Bloxberg network, Ethereum, Gnosis, and Polygon Mainnet. Available on Google Play and Apple App Store.
• Staking dApp Web-based staking application for token holders and node operators. Offers Base Staking (minimum 1,976 ETNY required for node operators) and Extended Staking (delegating tokens to nodes with reward sharing). Provides APY of up to 30% on base staking.
• Ethernity Cloud Node Hardware infrastructure component operated by node providers to power the decentralized network. Pre-configured nodes available through verified Hardware Affiliates, or users can set up their own nodes. Minimum stake of 5,000 ETNY required for operational nodes (1,976 ETNY base stake plus 3,024 ETNY minimum extended stake); maximum 75,000 ETNY per node.
• Proof of eXecution (PoX) Method of running computational tasks in a decentralized way. While tasks run, metadata is stored on the blockchain and actual data is transferred using IPFS. Certifies computational tasks on the blockchain while improving research reproducibility. Developed in partnership with European research organizations.
• Software Development Kit (SDK) Software Development Kit with robust support for Node.js and Python environments. Designed to enhance developer onboarding and integration process for building dApps on the Ethernity Cloud platform.
• Devs Playground Online developer sandbox environment for testing and experimenting with Ethernity Cloud development tools before deploying live dApps.
• ENS - Decentralized DNS Decentralized Domain Name System based on Ethereum ENS. Includes .ecld domain on Polygon and .etny domain on bloxberg blockchain, providing human-readable names for blockchain addresses in the ecosystem.
• Liquidity Reward Program Liquidity mining program providing rewards in ECLD tokens for liquidity providers on QuickSwap DEX. 2 Million ECLD tokens distributed across 3 pools with max APR of 20%. Two layers of rewards: DEX trading fees plus ECLD token rewards.
• Hardware Affiliates Program Program for verified hardware providers selling pre-configured Ethernity Cloud nodes with base stake included. Regional providers distribute nodes to node operators globally.
• Healthcare Check Service Monitoring solution designed to oversee the health and performance of the Ethernity Cloud ecosystem, automate transactions, and check individual node status.
• Etherneals NFT NFT collection that provides an enhanced staking experience and exclusive rewards for token stakers in the Ethernity Cloud ecosystem.

Quantifiable outcome

• Current APY of 30.00% for base staking rewards
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature8 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• PolygoncoreTechnology or Integration · 1 January 2024ECLD token is multichain on Polygon network. Decentralized DNS using .ecld domain on Polygon. EVM smart contracts deployed on Polygon for enhanced scalability and lower fees.
• UNICEFminorOthers · 1 January 2022Ethernity Cloud supported UNICEF humanitarian efforts in April 2022 as part of corporate social responsibility initiative.
• BloxbergcoreTechnology or Integration · 1 January 2020Ethernity Cloud launched PoX (Proof of eXecution) on bloxberg blockchain in 2020. EVM smart contracts deployed on bloxberg network. Decentralized DNS using .etny domain on bloxberg.
• ScontaincoreTechnology or IntegrationTech partner providing confidential computing technology integration. Scontain technologies are featured as ecosystem technology partners alongside Intel, enabling SGX-based security features within the Ethernity Cloud platform.
• IntelcoreTechnology or IntegrationTechnology partner providing Intel SGX (Software Guard Extensions) hardware technology enabling trusted execution environments. Intel SGX is fundamental to Ethernity Cloud's confidential computing capabilities.
• QuickSwapcoreGTM or Marketing PartnerDecentralized exchange partner for ECLD token swaps. QuickSwap hosts liquidity mining pools with 2M ECLD tokens as rewards. LPs can deposit WBTC, WETH, WMATIC paired with ECLD to earn rewards.
• Max Planck Digital LibrarycoreStrategic or Co-development PartnerPrestigious European research institution using the Ethernity Cloud ecosystem. Proof of eXecution concept developed in partnership with 3 prestigious European research organizations including Max Planck.
• European Research OrganizationscoreStrategic or Co-development PartnerPartnership with 3 prestigious European research organizations to develop Proof of eXecution (PoX) concept. PoX certifies computational tasks on blockchain while improving research reproducibility.
• CoinMarketCapminorGTM or Marketing PartnerECLD token tracked on CoinMarketCap for price visibility and market data.
• CoinGeckominorGTM or Marketing PartnerECLD token tracked on CoinGecko for price visibility and market data.

Scale indicators9 records

Recent moves2 records

Expansion highlights6 records

Direct peers

• Oasis Network: Layer-1 blockchain purpose-built for confidential computing and privacy-preserving AI using TEE (Intel SGX) plus ZK. Competes head-on with Ethernity Cloud in confidential smart contract execution, with comparable Paratime architecture and developer tooling.
• Nillion: Decentralized "blind computation" network using MPC, TEEs, and ZK to enable data to be processed without being seen. Directly comparable position to Ethernity Cloud at the secure-compute-for-AI-workloads intersection.
• Secret Network: Privacy-first L1 using TEE (Intel SGX) for encrypted smart contracts ("secret contracts"). Highly comparable to Ethernity Cloud on confidential compute for EVM-style workloads and targets a similar Web3 developer base.
• iExec RLC: Decentralized cloud computing marketplace using SGX-based Trusted Execution Environments for off-chain compute, with a worker/developer economy analogous to Ethernity Cloud's node operator and dApp developer reward model.
• Phala Network: Decentralized confidential computing network using Intel SGX/TEE for smart contracts and AI inference, with a comparable staking/node operator model and EVM-compatible sidechain (Phat Contract). Direct overlap with Ethernity Cloud's core confidential-compute DePIN thesis.
• Akash Network: Decentralized compute marketplace (DePIN) for general-purpose cloud workloads, with a provider/tenant staking model analogous to Ethernity Cloud's node operator economy, though not focused on confidential execution.

Others

• Filecoin: Decentralized storage network on top of IPFS, which Ethernity Cloud uses as its underlying file/data transport layer. Related as enabling infrastructure rather than direct compute competition.

Broad incumbents

• Render Network: Large-scale DePIN for GPU rendering/compute, with a token-incentivized node operator model analogous to Ethernity Cloud's. Adjacent in the decentralized compute DePIN category but focused on rendering rather than confidential general-purpose compute.
• Ankr: Established decentralized compute and RPC infrastructure provider with multi-chain APIs, node hosting, and AppChain services. Competes with Ethernity Cloud's RPC/node-hosting layer and broader Web3 developer infrastructure footprint.

Emerging players

• Aleo: Privacy-focused L1 using zero-knowledge proofs (rather than TEE) for confidential smart contracts. Partial overlap with Ethernity Cloud on the privacy-preserving dApp developer segment, differentiated privacy primitive.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Ethernity_cloud
• GitHubgithub.com/ethernity-cloud
• YouTubeyoutube.com/channel/UCl7jmYlEqP6cZFvZk7yRhCg
• Facebookfacebook.com/Ethernity.cloud
• LinkedInlinkedin.com/company/ethernitycloud
• Instagraminstagram.com/ethernitycloudofficial

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ethernity Cloud