What is $IO?
$IO, or IO.NET, is a crypto project focused on creating a decentralized physical computing infrastructure (DePIN) for companies in the machine learning (ML) and artificial intelligence (AI) sectors.
Key Points:
Goal:Provide secure and transparent computing resources for AI and ML companies.
-Technology: Built on the Solana blockchain.
- Funding:** Raised $30 million in Series A funding in March 2024, with a valuation of $1 billion.
- Team:** Plans to expand to 100 employees by the end of 2024.
- Focus:** Improve efficiency and competitiveness for AI and ML companies.**How IO Fuels a Decentralized Future:**
- Governance:** IO tokens allow users to participate in network decisions, creating a democratic system.
- **Utility:** IO tokens provide access to network features, encouraging participation and sustainability.
- Community and Backing:** Strong community support and backing from top VCs, indicated by a successful Initial Offering on Binance Launchpool.#IOInternetofGPUs #BinanceTurns7
