io is a decentralized AI computing and cloud platform.
By aggregating GPU supply from underutilized resources,
io.net creates a network that allows machine learning (ML) startups
to access nearly unlimited computing power at a fraction of the cost of traditional clouds. Token Function
IO is the native application token in io.net and is used for the following functions:
1. Payment currency: payment and transaction fees within the io.net ecosystem, such as purchasing/providing underutilized GPU computing power and deploying GPU clusters.
2. Staking: Users can participate in network security and earn idle GPU rewards in any of the following ways: Token distribution
Community: 250,000,00010, accounting for 50.00% of the total supply
R&D and ecology: 80,000,00010, accounting for 16.00% of the total supply
Seed investors: 62,000,00010, accounting for 12.50% of the total supply
Round A investors: 51,000,00010, accounting for 10.20% of the total supply
Core contributors: 56,500,00010, accounting for 11.30% of the total supply Value proposition
With the rise of artificial intelligence, GPU computing power has increased significantly, while GPUs in public clouds are in serious shortage. This has caused some problems, such as long waiting times, limited choices
and high costs.
By aggregating GPUs from underutilized sources such as independent data centers, idle crypto mining farms, and consumers, io.net can provide 90% lower computing power than centralized cloud providers.
io will eventually reach the bottom of the 1.6-1.7 range, and there is a chance to double it. Wait for the callback to arrive and pay close attention
