With the Binance listing news, users are looking for answers to questions such as Ionet, what is IO token, how to buy it, when it will be listed, buy, earn, where to buy, total supply, circulating supply, first listing supply. In this article, we answered all the frequently asked questions. Here are the details..
What is Ionet (IO)?
io.net is a decentralized network built on Solana that pools spare GPU computing power from a variety of sources, including data centers and crypto miners, making it a boon for AI and ML teams looking for cost-effective computing resources brings.
It stands out by offering a platform that leverages large but underutilized global GPU reserves to execute complex tasks such as parallel training and hyperparameter tuning over a distributed network.
At its core, io.net offers a binary token system called $IO and $IOSD to reward participants for network support and task execution. Although the mechanisms of $IO token mining are not publicly disclosed, $IOSD tokens compensate providers for their uptime and performance by combining incentives with innovation.
This model not only democratizes access to high-power computing, but also takes a significant step towards a decentralized computing future, paving the way for a more efficient and scalable approach to meet the evolving needs of the AI research field.
How and Where to Buy Ionet (IO)?
Ionet can only be purchased through the Binance exchange. You can earn free Ionet Tokens by staking $BNB and $FDUSD before purchasing.
Sign Up on Binance to Buy!
Stake your assets into the BNB or FDUSD pool you want to stake.
Earn free Ionet coins / tokens at certain time intervals.
Then start trading IO/BTC, IO/USDT, IO/BNB, IO/FDUSD and IO/TRY trading pairs.
Ionet (IO) Total Supply, Circulating Supply, First Listing Supply
Token Name: IO.NET (IO)
Total Token Supply at Creation: 500,000,000 IO
Maximum Token Supply: 800,000,000 IO
Launchpool Token Rewards: 20,000,000 IO (4% of the total token supply in Genesis)
Initial Circulating Supply: 95,000,000 IO (19% of the total token supply in Genesis)
When Will Ionet (IO) Be Listed?
Binance will then list IO on 6/11/2024 at 12:00 UTC and initiate trading with trading pairs IO/BTC, IO/$USDT, IO/BNB, IO/FDUSD, and IO/TRY. The seed tag will be applied to IO.
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