BNB Golden Shovel strikes again,#BinanceNew Coin 55 - (IO) @ionet is mining in progress!

Those who have deposited BNB regularly have already won the dual mining of IO and lista. Of course, those who have not deposited yet, deposit BNB and FDUSD into the mining pool now and enjoy the win!

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🔗Start the easy-win mining mode immediately

Next, let's take a deeper look at IO from multiple perspectives.

🌟 IO: A rising star in the field of web3 artificial intelligence?

🌐 Background:

io.net is an innovative decentralized AI computing and cloud platform. It builds a network by aggregating underutilized GPU resources, enabling machine learning startups to access virtually unlimited computing power at a very low cost.

📈 Project Highlights:

- With the rapid development of artificial intelligence, the demand for GPU computing has surged, but the supply is seriously insufficient. This has led to problems such as long waiting times, limited choices and high costs. io.net provides computing power at 90% lower than traditional cloud services by integrating underutilized GPU resources from independent data centers, idle crypto mining farms and consumers.

- io.net's products are built around the following four core features:

• Batch Inference and Model Serving: Enable parallel inference on incoming batches of data by exporting the trained model’s architecture and weights to shared object storage.

•Parallel training: Address the bottlenecks of CPU/GPU memory limitations and sequential processing workflows on a single device, and leverage distributed computing libraries to parallelize model training.

•Parallel hyperparameter tuning: Leverage distributed computing libraries for advanced hyperparameter tuning, optimized scheduling, and simplified search patterns.

• Reinforcement Learning: Use open source reinforcement learning libraries to support production-grade, highly distributed RL workloads.

🔧 IO Ecosystem Elements:

•ionet: The development company responsible for maintaining the IOG network and building products and services on it.

•IO Cloud: A cloud platform that allows developers to use computing power in the IOG network to create infinitely scalable and configurable clusters.

•IO Worker: Provides users with a comprehensive and user-friendly interface to effectively manage their GPU nodes.

•IO ID: A universal identity management system for the IO ecosystem.

•IOG Network: Also known as the Internet of GPUs, is a decentralized network of independently operated geographically distributed hardware nodes.

•IOG Framework: An open source, developer-friendly SDK that facilitates deployment of products and services on the GPU Internet.

🚀 Commercial and Business Development:

io.net has established partnerships with more than 50 commercial and business development partners. These include:

•Aethir: Partnering with io.net to integrate its advanced cluster technology to enhance GPU accessibility and performance for artificial intelligence and machine learning.

•Exabits: As a high-performance GPU supplier, it provides a series of cutting-edge GPUs to io.net.

•Hiveon: A global leader in mining solutions, Hiveon has partnered with io.net to expand access to a broad GPU network.

•Aurory: A pioneering game studio that leverages io.net’s computing resources to integrate AI-based NPCs and engage its gaming community.

🪛 Token distribution and financing status:

- io.net raised $40MM in two private rounds, with a latest valuation of $1B. This represents 36.24% of the genesis token supply and 22.65% of the maximum token supply.

- Fixed maximum supply of 800M tokens as of June 6, 2024, with TGE genesis supply of 100M tokens. Post-list circulating supply is expected to be 95M tokens (approximately 19.00% of genesis supply) with 20M tokens in Binance Launchpool (4.00% of initial supply / 2.50% of maximum supply).

Can IO open up new horizons driven by DEPIN and AI? Let's wait and see