🔥💎💥 Io.net is a decentralized Physical Infrastructure Network (DePIN), offering AI machine learning engineers distributed solutions for accessing computing power.
It acts as a computing power marketplace for machine learning engineers and network contributors, allowing users to provide their computing power and storage in exchange for rewards. On the other side, Io.net allows AI engineers to consume it for a fee paid in io.net coin $IO to the ionet crypto network.
$IO is the utility and governance token of the io.net crypto network, which is used for staking, delegating, paying fees by computing power consumers, rewarding node runners, and granting access to the DAO votings within the platform.
Since its inception in 2022, the company has managed to raise an impressive $40M from top tier funds including Delphi Ventures, Multicoin Capital, and others, while achieving a $296M valuation.
On June 5th, 2024, Binance announced an IEO and listing of the $IO token on its platform on June 11th, 2024.
Here are some of io net pros:
• Big potential and utility of the product
• One of the biggest DePIN project into the cryptocurrency space
• Low Initial MC / FDV ratio (11.825%)
• High SMM, PR and Growth Marketing performance
• Multiple top tier funds invested into the project over $40M
The future of AI and machine learning is decentralized, and at io.net,they are building the infrastructure to make it a reality. At the heart of this ecosystem lies the IO Coin, the native crypto that fuels the platform and empowers both AI developers and GPU providers.
The Future of AI is Decentralized
With the launch of $IO Coin, io.net is paving the way for a more accessible, collaborative, and rewarding future for AI development. By joining the io.net ecosystem, you will be part of a revolution that’s democratizing access to powerful computing resources and fostering innovation in the field of AI.
