Raised 30 million U.S. dollars, valued at 1 billion... Many miners have entered the market, and A100 has been used by $SOL DePIN project @ionet_official How to participate:
1.Project introduction
io.net is a decentralized computing network that enables the development, execution and scaling of machine learning (ML) applications on Solana. By aggregating up to 1 million GPUs, it forms the world's largest GPU cluster and a decentralized physical infrastructure network (DePIN). In addition, io.net leverages underutilized resources, such as GPUs provided by independent data centers and miners, as well as resources related to crypto projects such as Filecoin and Render, to solve the problem of computing resource allocation and utilization.
2. Financing information
On March 4, 2024, io.net completed a US$30 million Series A financing led by Hack VC, with participation from Multicoin Capital, Delphi Digital, Animoca Brands, Solana Ventures, Aptos, OKX Ventures, etc., with a valuation of US$1 billion. .
3. Product introduction
IO Cloud provides the ability to instantly deploy and manage distributed GPU clusters, allowing users to have flexible and scalable access to GPU resources without expensive hardware investment and infrastructure management.
IO Worker provides users with a comprehensive, user-friendly interface for effectively managing their provisioning operations, including monitoring, real-time data presentation, installation assistance, and more.
IO Explorer provides a window into the inner workings of your network, providing comprehensive statistics and complete transparency into our GPU cloud.
4.How to participate
1. On March 1, 2024, io.net launched the Ignition Program, the first phase of the points reward plan. The project will last until April 28, and points will be awarded based on the GPU provided by users to the network. However, the official did not indicate Points will be converted into io.net native token IO in the future.
2. Participate in the @Galxe event: https://galxe.com/8xehTTQLX6wAAFMgKa7UiH/campaign/GCD5ot4oXP
3. Join the official Discord
Identity acquisition
a.Tier1: The name is still green. You can submit your sol chain address in wallet-submission to obtain tier1 status.
b.Tier2: Participate in the AMA every Wednesday. After the AMA, talk to the robot in the channel and enter /role AMA participation to unlock the tier2 status.
c.Tier3+: There is no automatic way to obtain these levels. These levels are issued by the community team to users who are helpful, create content, participate in discussions, etc.
5. Token situation
$IO is io.net’s native cryptocurrency and protocol token used to pay for cluster deployments, model inference gateways, and reward GPU providers. It is expected to be launched in Q2 of 2024.
