🤑 Are you ready to make money? I'm telling !
Binance announced that its 55th new coin mining project is io.net (IO) and that it will launch IO/BTC, IO/USDT, IO/BNB, IO/FDUSD and IO/TRY trading markets on June 11 at 15:00 Turkey time. As soon as this news broke, the communities that made big money immediately became active.
io.net is a decentralized computing network that builds a two-sided market around chips. The supply side is the computing power of chips deployed around the world (mainly GPUs, but also CPUs and Apple iGPU, etc.), and the demand side is AI engineers looking to complete AI model training or reasoning tasks. Its mission is to integrate millions of GPUs into the DePIN network.
“My price prediction will be between $2.5 - $4.5. Therefore, joining the launch pools will be a great opportunity for all Binance users.”
The core team was initially formed to engage in quantitative trading, and by June 2022 they had focused on developing institutional-grade quantitative trading systems for stocks and crypto assets. Due to the need for computing power at the backend of the system, the team began exploring the possibility of decentralized computing.
According to the official document published by Io.net, its native token is IO, the maximum token supply is fixed at 800 million and the initial supply is 500 million IO.
Community: 250,000,000 IO, 50.00% of total supply;
R&D and Ecosystem: 80,000,000 IO, accounting for 16.00% of the total supply;
Seed investors: 62,000,000 IO, 12.50% of total supply
At the same time, IO was also launched in the Whales Pre-Market, and the total transaction volume of IO reached 5.93 million US dollars, ranking first in the Pre-Market.
