Binance Launchpool is back!

This time from the $IO token

Before we discuss the token, I will discuss Binance Launchpool again.

Binance Launchpool allows crypto owners to lock up their assets to earn new tokens.

And this time the new token is $IO

What is $IO?

io.net is a decentralized AI computing & cloud platform. By pooling GPU supplies from underutilized sources, io.net creates a network that allows Machine Learning (ML) startups to access nearly unlimited computing power at a fraction of the cost of the traditional cloud.

IO is io.net's native utility token, and is used in the following functions:

1. Payment Currency: Payments & transaction fees within the io.net ecosystem, such as purchasing/supplying underutilized GPU computing power, GPU cluster deployment.

2. Staking: Users can participate in network security & earn a share of idle GPU rewards, by: Delegating $IO token staking with nodes of their choice. Directly staking more $IO tokens to operate on their own nodes.

3. Governance: IO Tokens allow holders to participate in the governance of the IO Grant DAO by proposing, voting, and implementing grant proposals that guide the funding allocation and strategic direction of the Internet of GPUs Foundation.

The way to get a $IO allocation is to join Binance Launchpool and stake BNB or FDUSD during the farming period!

Farming Period:

Farming can be done until June 10, 2024 23:59 (UTC)

Listing:

Binance will list IO tokens on 2024-06-11 12:00 (UTC) and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY pairs

Happy Farming!

#BinanceLaunchpool #IO #ionet