Project Description
io.net is a decentralized physical infrastructure network (DePIN) based on the Solana blockchain, focusing on aggregating GPU computing power for artificial intelligence (AI) and machine learning (ML) companies. The project provides cost-effective GPU computing power by integrating GPU resources from data centers, crypto miners, and decentralized storage providers, thereby solving the shortage of AI computing resources.
Market demand
Currently, the rapid development of AI and ML applications has placed huge demands on computing power, especially GPU resources. The high cost and latency problems faced by traditional cloud computing providers in the field of high-performance computing have made the market urgently need a more efficient and economical solution. io.net came into being under this market background. Its decentralized architecture can significantly reduce costs, improve computing efficiency, and meet the market's demand for large-scale distributed computing.
Technology Architecture
The core technology of io.net is to use blockchain technology to create a decentralized GPU computing market. Through smart contracts, users can contribute idle GPU resources to the network and get paid according to their contributions. At the same time, AI and ML teams can obtain computing resources on demand through the platform for parallel training, hyperparameter tuning, inference and other tasks. The platform is also highly scalable and secure, ensuring the reliability and privacy of data and computing processes.
Economic Model
The economic model of io.net includes a native token called IO, with an initial total supply of 500,000,000 IO and a maximum supply of 800,000,000 IO. The initial circulation is 95,000,000 IO, accounting for 19% of the initial total supply of tokens. The token will be used to incentivize GPU providers and users in the network to ensure the active and stable operation of the network. Through the reward mechanism, io.net can attract more GPU resources to join, thus forming a virtuous circle and continuously improving the computing power and service quality of the network.
Financing
io.net has successfully raised $30 million in its latest round of financing, with a project valuation of $1 billion. This round of financing provides the project with sufficient financial support to further expand the scale of its decentralized GPU computing network.
Competitive Advantage
Compared with traditional cloud computing services, io.net has the following advantages:
Cost advantage: By integrating idle GPU resources, io.net can provide high-performance computing services at a cost much lower than traditional cloud computing services.
Decentralization: Using blockchain technology, io.net creates a transparent and secure computing market that avoids the risks of single point failure and centralized management.
Flexibility: Users can dynamically obtain computing resources based on demand, greatly improving the flexibility and efficiency of resource use.
Future Outlook
As AI and ML applications continue to develop, the market demand for high-performance computing resources will continue to grow. io.net is expected to occupy an important position in this field through its innovative decentralized computing architecture. In the future, with the addition of more GPU resources and continuous optimization of technology, io.net will further enhance its service capabilities and provide more efficient and economical computing solutions for AI and ML teams around the world.
In summary, io.net provides an innovative high-performance computing platform for AI and ML applications by integrating globally dispersed GPU resources. It has significant advantages in reducing costs, improving efficiency and ensuring security, and has broad market prospects. .