I. What is IO.NET? 1/ How does it work? io.net offers a decentralized network of GPUs, providing scalable and affordable computing power for machine learning applications. Users can access a vast pool of GPUs from various sources worldwide, making it easier and cheaper to run ML workloads compared to traditional cloud services. Key benefits include lower costs, faster access, and high security, all while supporting global and sustainable computational resources 2/ What makes it so potential? Significant cost savings: The platform offers up to 90% cost savings compared to traditional cloud providers like AWS. This affordability makes it highly attractive for startups and organizations with substantial computational needs .Global GPU access: io.net provides GPU access across over 138 countries, ensuring a broad and diverse network of computational resources .Sustainable computing: Partnering with green-committed data centers, io.net offers sustainable GPU options, supporting environmental sustainability while providing powerful computing resources  .High security standards: io.net prioritizes security with compliance standards such as SOC2 and HIPAA, ensuring that users’ data and computations are protected to the highest standards .Credible backers: io.net raised $30M, led by Hack VC with the participation from multiple tier 1 ventures such as Multicoin Capital, Delphi Digital, Solana Ventures, Aptos,.... II. Launchpool & Token Use Cases
1/ Launchpool Information Token Name: IO.NET (IO)Launchpool Token Rewards: 20,000,000 IO (4% of max token supply)Initial Circulating Supply: 95,000,000 IO (19% of max token supply)Farming Period: 4 days, with farming starting from 2024-06-07 00:00 (UTC).Supported Pools: Stake BNB: 17,000,000 IO in rewards (85%) Stake FDUSD: 3,000,000 IO in rewards (15%)
2/ Token Use Cases Currency for payments: The $IO token is used to facilitate transactions for renting and using GPU resources within the io.net ecosystem. This includes payments by GPU renters and earnings for GPU owners.Staking and Rewards: Users can stake $IO tokens to secure the network and earn hourly rewards. These rewards are distributed following a disinflationary model, which decreases the reward rate over time to control inflation.Governance: Users can use $IO to participate in decision-making about the plan or the future of IO.NET through a voting mechanism. Don’t fade on IO.NET, participate in the launchpool now 👇 Join IO.NET Launchpool Now Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇 Trade Now With a Permanent 10% Reduced Fee III. Launchpool & Token Use Cases
Based on the $1 billion FDV from the recent Series A funding round and comparing with similar projects like Render Network and Akash Network, the FDV for IO.NET could range from $2.5 billion to $4 billion. Therefore, the initial price could range between $5 to $8 per token.
Don’t fade on IO.NET, participate in the launchpool now 👇 Join IO.NET Launchpool Now Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇 Trade Now With a Permanent 10% Reduced Fee IV. Our POV Factors for Success: Strong Community and User Base: Engaging the community through governance and incentive programs can drive long-term loyalty and participation . Technological Advancements: Continuous improvements and innovations in the platform’s infrastructure and services can attract more users and suppliers . Strategic Partnerships: Forming partnerships with key players in the AI and blockchain industries can enhance the platform’s credibility and market reach . Market Demand for AI Computing: The growing demand for AI and ML computing power can drive the adoption and utilization of IO.NET’s decentralized GPU network .
Factors for Failure: Inadequate Demand: Failure to generate sufficient demand for GPU resources could lead to underutilization and reduced profitability . Technological Failures: Issues with network stability, security breaches, or technological shortcomings can undermine user trust and disrupt services . Market Competition: Strong competition from established cloud providers and other decentralized computing projects could limit IO.NET’s market share and growth potential .
Don’t fade on IO.NET, participate in the launchpool now 👇 Join IO.NET Launchpool Now Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇 Trade Now With a Permanent 10% Reduced Fee
$BNB - reward program for BNB token holders. $JUP - Burn 30% token. $DJT - Trump is not involved. $FRIEND - Transfer Functionality. $MNDE - SAM. $TURBO - Announcement. $MAGA - @DWFLabs partnership. $MOTHER - @wintermute_t partnership.
👇
▫️ $BNB - Binance introduces "HODLer Airdrops," a rewards program giving BNB holders early access to new tokens.
▫️ $JUP - Jupiter CEO @weremeow proposes a 30% JUP supply reduction. The team will stake 100% of the 1st year cliff for 2 more years to avoid supply shock.
▫️ $DJT - A campaign insider denies Trump's campaign involvement in the $DJT Solana token, as reported by @DLNewsInfo.
▫️ $FRIEND - https://t.co/Umm1mefStZ intends to launch token transfer functionality for $FRIEND in the upcoming weeks.
▫️ $MNDE - @MarinadeFinance has introduced its Stake Auction Marketplace (SAM). A simulation of SAM will be available for testing by the end of June.
▫️ $TURBO - Turbo has hinted at a significant partnership announcement for June 25 involving $TURBO.
ALERT: @symbioticfi launched its restaking platform on June 11, 2024 🚨
A thread (1/5)
Symbiotic is a permissionless protocol providing shared security through restaking, similar to @eigenlayer and @Karak_Network.
Symbiotic Overview:
Product Concept: Shared security via restaking Funds Raised: $5.8M Backers: @paradigm and @cyberFund_ Supported Chain: #Ethereum Total Value Locked: $244M
Let's break down this thread and our dashboard to evaluate the on-chain state of the protocol👇
Immerse yourself in the convergence of Roman Empire & Cryptocurrency at @BscBms!
BMS is an community driven project taking on the Roman Warrior theme, integrating 2 main elements: NFT & token, bringing various perks & privileges to users!
- Altcoin dip 10-20%+. - Stock like S&P500, NAS100 making new All-time high. - While crypto is slowing behind. - Both Trump & Biden, are now strong supporters of Crypto. The next 4 FOMC events are seen as Bullish events to cut interest rates - Presidential election: events like this usually inject money into the market to stimulate economic activity and increase consumer confidence (As seen in past election cycle).
What do you think? Are we in an early stage of the Bull Market? 🚀
$COIN - Coinbase will suspend trading for $COVAL, $RAI, $wAMPL, and $SNX (only in NY) on July 19.
$ETH - ConsenSys announced that the SEC has closed its investigation into Ethereum 2.0, confirming that ETH sales are not considered securities transactions.
$NMR - Numerai has launched Numerai Crypto, a new prediction platform for the crypto market
$PIXEL - Pixels has launched Chapter 2, enhancing gameplay and introducing new sustainability systems
$ZK - zkSync reportedly paid 0.5% of the total $ZK supply to bring Lens Protocol to zkSync, approximately $22M
Ready to invest in your favorite artists's success?
Imagine owning a piece of your favorite artist's next masterpiece, video game, or creation! That's what @clapartofficial is building, a way to support artists & share in their success!👏
Plus, say goodbye to shady deals in the art world! CLAPART brings transparency that can hardly find in traditional media and entertainment