Everyone can Stake BNB & FDUSD to receive $IO in 4 days from 07:00 June 7, 2024 - 06:59 June 11, 2024 (Vietnam Time)
Listing time: 19:00 June 11, 2024 (Vietnam Time)
Launchpool details it will go
1. So IO. What is NET? What is the project mission? Value proposition of the project?
- io. net is the Solana DePIN network that aggregates GPU resources for AI & Machine Learning (ML) companies.
- The project's mission was created to establish a globally accessible, decentralized cloud computing network that provides affordable, flexible, and permissionless access to computing power.
- With the development of AI, GPU computing power has increased significantly, and there is a large shortage of GPUs in the public cloud. This creates a number of problems such as long waiting times, limited choices and high costs.
- By aggregating GPUs from underutilized sources such as independent data centers, idle cryptocurrency mining farms, and consumers, io.net is able to deliver less computational power up to 90% compared to centralized cloud providers.
2. Investors of the project?
io.net has raised $40 million in two private sales rounds, with the most recent valuation at $1 billion.
3. Details of the IO launch pool on Binance Launchpool
Token name: IO.NET (IO)
Total supply at Genesis: 500,000,000 IO
Maximum supply: 800,000,000 IO
Launchpool Token Reward: 20,000,000 IO (4% of total token supply at Genesis)
Initial circulating supply: 95,000,000 IO (19% of total token supply at Genesis)
Network: Solana
4. Token Distribution
Regarding project allocation this time, it is worth noting that Genesis Allocation at TGE (500MM Token) and Maximum Allocation (800MM Token) have a slight difference in Maximum Allocation, specifically Emissions accounts for an additional 37.5%/ 800MM Total Supply Allocation
For more details about the % Allocation each individual, organization or Investor team owns, you can refer to This
5. Development partner
io.net has over 50 commercial and business development partners. Notably, Aethir platform - Decentralized cloud provider, has partnered with io.net to integrate their advanced clustering technology with Aethir's decentralized GPU cloud. This partnership aims to enhance GPU accessibility and performance for AI, machine learning, and gaming workloads.
6. Token valuation after listing
OTC is 10-18$
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On the sidelines, Binance is currently running the Lista Megadrop event, now with the IO.NET Project Launchpool Campaign -> $BNB 1000$ soon
So what are your views? Comment below to let me know
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