Aleph Cloud
ALEPH
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
ALEPH (Aleph Cloud) functions as a decentralized cloud and compute infrastructure provider offering block storage, VPS instances, and GPU cloud computing. Active development is steady across multiple repositories under the @aleph-im organization, supported by real product utility and consumption-based tokenomics with dual-stream revenue sharing. However, the project faces notable headwinds: market capitalization sits low at approximately $2M to $5.7M after a severe ~99% price drawdown from its all-time high, trading volume is thin, and the community base is relatively small without decentralized on-chain governance. In security, no institutional smart contract audits were identified, and third-party automated tooling rates the asset at high risk, although no historical exploits, hacks, or regulatory enforcement actions have occurred. No qualifying red-flag events cap the overall score.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Aleph Cloud (ALEPH)
ALEPH is the native token of Aleph Cloud (rebranded from aleph.im v2), a decentralized infrastructure and cloud computing network within the decentralized physical infrastructure (DePIN) sector. The platform offers computing and storage solutions, including block storage, Virtual Private Server (VPS) instances, and a GPU Cloud payable in either ALEPH or stablecoins. The project is led by founder and CEO Jonathan Schemoul alongside a core executive team.
The ALEPH token operates on Ethereum and serves multiple functions within the network, including service payments, staking, liquidity provision, and node operational collateral. Token emissions are distributed between compute nodes, core channel nodes, stakers, and a developer fund, supported by a dual-stream revenue-sharing mechanism tied to cloud service consumption. Development is managed across repositories under the @aleph-im organization, covering implementations in Python, TypeScript, Rust, and Vue, with technical objectives including Confidential Virtual Machines (CVM) and GPU integration.
Aleph Cloud faces several operational, governance, and market risks. The project lacks verifiable on-chain DAO governance, relying instead on off-chain community programs such as the Aleph Cloud Collective. In terms of security, no formal audits from recognized blockchain security firms were identified in available records, and automated assessment tools have categorized the asset as high risk. Financially, ALEPH has undergone a severe price drawdown of approximately 99% from its January 2022 peak of $0.8692, with the token trading at depressed market valuations alongside thin daily volume. No historical exploits, security breaches, or regulatory actions have been reported.