IO equity staking is about to start. There is no doubt that this is a way to make money. Who can make more money by entering the secondary market IO or staking? Let me analyze it for you.
io.net is a decentralized computing network that supports the development, execution, and scaling of ML applications on the Solana blockchain, providing decentralized GPU computing cloud services for use cases such as AI, rendering, gaming, ZK, verification nodes, etc. IO combines 1 million GPUs to form the world's largest GPU cluster and DEPIN.
IO has already stacked up the Buff, AI + DePIN track, from last year to this year, the hot sector. However, after such a long period of fermentation, the heat of these two sectors is almost exhausted. So IO is late, is there any chance to get another level of heat? When IO was launched, I decisively entered the warehouse, and now it is time to consider how to make the most money by holding IO.
What is the selling point of IO's project?
IO focuses on GPU computing power and can provide engineers with the following functions:
1. Scalable distributed clusters: Access powerful computing resources at a very low cost compared to centralized services.
2. Unparalleled potential: Build clusters of thousands of GPUs, geographically distributed or co-located, with low deployment latency.
io.net meets diverse AI workflow needs with its four core features: batch inference and model serving, parallel training, parallel hyperparameter tuning, and reinforcement learning.
IO raised a total of 40 million US dollars in seed and A rounds, led by Multicoin Capital and Hack VC, followed by well-known VCs such as Solana Ventures, OKX Ventures, and Animoca brands. The total number of tokens is 800 million, with 500 million initially distributed and the remaining 300 million unlocked every hour and paid to suppliers and their pledgers. The market cycle is 20 years, and the release ratio in the first year is about 8% according to the map. IO's current circulation ratio is 11.87%, and the circulation market value is 224 million US dollars. Currently in circulation are the community, community incentives and ecological parts.
IO Token Usage
IO tokens are ecosystem governance tokens that can be used for transaction payments within the ecosystem, network security and mortgages, and their rewards. IO has the function of a mining coin, and the best growth point at present is staking mining, which can not only increase GPU equipment, but also allow miners to earn income by leasing mining machines, thus revitalizing the ecosystem and IO tokens.
Three ways to earn IO
1. Hardware suppliers: their own GPU/CPU is rented
2. $IO Node Staking
3. Your own GPU/CPU is rented
The majority of the revenue from mining coin IO belongs to the supplier, and 95% of the block rewards belong to the supplier. The supplier not only earns node rewards, but also earns rental fees. 99% of the rental fees belong to the supplier, and 1% is shared with the pledger. At the same time, if node staking is enabled on the device, the supplier will also share 5% of the staking rewards with the pledger. This ratio is adjustable, so choosing a supplier with good hardware conditions will result in higher staking income.
8% of the total 300 million tokens will be released in the first year, that is, 24 million IO will be issued as rewards, of which 95% will belong to suppliers. Based on the current price of $2.3, the total value of token rewards in the first year is about $55.2 million. Friends who have the conditions, don't miss IO's GPU/CPU staking!
As the first AI+DePIN project launched online, it is benchmarked against the hottest AI project WLD, which has a market value of 500 million and a current market value of IO of 224 million. It still has at least 2 times of room for growth. You can buy it at a price of 2.
The DePIN track will easily remind people of FileCoin, which was once a storage track. The storage track is a sub-track of DePIN. It is not as eye-catching as the computing power track now, but FIL once occupied a lot of topics in the DeFi bull market. Its success is a great success for mining coins. If compared with FIL, the future price of IO is promising, 10 times the bottom! No matter how much it goes, it will not be a loss to enter the market now.
We are currently in a period of market pullback. As the market recovers, the price of IO will surely return to normal. By then, you will find that the IO you bought at 1.8-2.3 is a perfect bargain.
After entering the secondary IO, you also have hardware equipment + nodes + IO pledge, then you will be the most profitable person in the IO ecosystem!