First-level project Solana ecological AI computing upstart: io.net
Token Name: IO
Total Tokens: 1 billion
Expected launch: Binance and OKEx in the second quarter of 2024
Project Description:
io.net is a decentralized computing network that enables the development, execution, and scaling of ML applications on the Solana blockchain, combining 1 million GPUs to form the worldâs largest GPU cluster and DePIN.io.net solves this problem by aggregating GPUs from underutilized resources such as independent data centers, crypto miners, and crypto projects such as Filecoin and Render, which are combined in the Decentralized Physical Infrastructure Network (DePIN) to give engineers access to massive amounts of computing power in a system that is accessible, customizable, cost-effective, and easy to implement.
Track: AI Depin
Investment agency:
Multicoin Capitală6th Man VenturesăM13ăDelphi DigitalăForesight VenturesăAnimoca BrandsăContinue CapitalăSolana VenturesăAptosăLongHash VenturesăSevenX VenturesăArkStream CapitalăMH VenturesăOKX VenturesăAmber GroupăModular CapitalăMo ShaikhăAvery ChingăYat SiuăJin KangăAnatoly YakovenkoăSebastien Borget
project financing:
io.net has completed one round of financing so far, which was the Series A financing on March 5, 2024, with a financing amount of US$30 million, led by Hach VC
Project highlights:
The IO project covers some of the current hot vertical fields: AI + DePin + Solana. io.net Cloud is an advanced decentralized computing network that allows machine learning engineers to access distributed cloud clusters at a much lower cost than centralized services.
Twitter: https://twitter.com/ionet_official
Official website:
https://io.net/
DiscordïŒ
https: //discord.gg/X8wgHmURKK