Update @ionet
They have released Tokenomics and Airdrop Details Ahead of $IO Token Launch on April 28th $IO Tokenomics is designed to be the base currency in the io.net ecosystem,
50% of the total Supply has been allocated to the Rewards community following a disinflation model to control inflation.
Burn Mechanism: Io.net will use a portion of network revenue to buy back and burn $IO tokens, thereby creating deflationary pressure.
500 million $IO tokens, 62% of the total token supply, will be in circulation. Initial circulating supply is unprecedented compared to industry practice, which typically reaches 15% to 20% at launch. This supply will increase to 800 million over time through network rewards.
The initial allocation is designed to balance the interests of initial investors, core contributors, R&D and Ecosystem funds, and the broader community. Io.net has raised $30 million in investment at a $1 billion valuation, demonstrating strong investor confidence in the project's potential to revolutionize the AI computing landscape.
Io.net is a decentralized computing network that aims to provide affordable, flexible, and accessible computing capacity to AI developers and companies. Its blockchain-based architecture ensures transparency, security, and fair compensation for all network participants.
