🔥🔥🔥 DePIN is one of the fields that is attracting the attention of the cryptocurrency community. In particular, in March 2024, the io.net project, one of the leading projects in this field, successfully raised capital and raised its valuation to 1 billion USD, creating a strong impression. strong for investors

👉Register binance account to join io net HERE


 IO.NET (IO) on Binance Launchpool! Farm IO by staking BNB and FDUSD2024-06-06 11:36IMPORTANT: Binance will be the first platform to list the token mentioned here, trading is open from 19:00 June 11, 2024 (Vietnam Time Male). Any statements about this token sale prior to the above mentioned timeline are false advertising. Please do your own research to protect your assets!
👉Program details IO.NET (IO) on Binance Launchpool

What is io.net?

io.net is a DePIN project built on the Solana infrastructure, focusing on providing computing power from GPUs. This project specializes in aggregating GPU resources for artificial intelligence (AI) and machine learning (ML) companies, with low cost and more optimized execution time.


More specifically, io.net is a new cloud system developed with the goal of helping machine learning engineers access clouds developed in a decentralized model more easily and at a more affordable cost than other clouds. centralized services like Google, AWS or Azure. This is done through decentralized computing network technology, which helps ease the financial burden on developers and the data scientist community.


Highlights of io.net

Demand for GPUs for ML models is increasing amid the explosion of AI trends. However, current GPU solutions still have many limitations such as high cost, few options, and difficulty getting access.

The following are the highlights of io.net to solve the above problem:

  • Decentralized Cloud System: io.net leverages the power of idle GPUs from various sources such as data centers, mining equipment & crypto projects to form a decentralized market for power calculate. This expands access to GPU resources for AI and ML companies, while increasing system security and transparency.

  • Cost savings: io.net helps AI and ML companies save up to 90% on computing costs compared to traditional centralized cloud services like Google Cloud, AWS or Azure. The project helps create a more equitable and accessible platform for AI/ML companies.


  • High performance: io.net uses a parallel execution model to optimize performance and expand the reach of machine learning models. This helps increase processing speed & scalability of AI/ML projects,

  • Information transparency: io.net uses the Solana blockchain to ensure transparency in transactions and data access. Users can easily monitor and control their resource usage.

  • Ease of use: io.net offers a simple and easy-to-use interface for both beginners and experienced users. At the same time, the project also uses advanced security technologies to protect user data safety.


What are io.net's products?

IO Cloud

IO Cloud is a cloud service that allows users to deploy and manage GPU clusters. Users can choose cluster type, purpose and deployment location, as well as connect to Machine Learning (ML) services such as Tensorflow or PyTorch.

IO Worker

IO Workers is a platform for service providers who own GPUs. They can allow users to rent out their GPUs through io.net and earn money from it. Users can freely set prices for their GPUs and receive payments in IO tokens (not yet launched).


 IO Explorer

IO Explorer is io.net's blockchain explorer (similar to the Ethereum network's Etherscan), which provides real-time metrics on GPU cluster deployments, compute jobs, and prices.

IO Explorer provides the following information:

  • Monitor the operating status of the io.net network.

  • View details about active GPU clusters.

  • Compare prices of different GPU offerings.

  • Search for GPU service providers that fit your needs.

 Tokenomics 

Key Metrics 

Note: The initial total supply of IO is 500 million but over the next 20 years will increase linearly to 800 million, the excess 300 million will later be used to reward GPU providers and Stakers.

Token Allocation & Release Schedule

IO tokens are allocated as follows:

  • Early Backers (Seed Round): 12,5%

  • Early Backers (Series A): 10,2%

  • Initial Core Contributors: 11,3%

  • R&D Ecosystem: 16%

  • Community: 50%

At TGE, 19% of IO's initial total supply of 95 million tokens will be allocated to Launchpool (4%), Airdrop (7.5%), R&D and ecosystem (7.5%)

From July 2025 to June 2027, about 50% of the total IO supply will be unlocked for investors and contributing teams, ecosystem funds and the community.

From July 2027 onwards, there will only be 300 million tokens left to reward GPU providers and stakers.



oken Use Case

Notable use cases of IO tokens:

  • Payment: Is the main payment method in the Io.net ecosystem.

  • Governance: Users can participate in network governance by holding IO coins.

  • Use for unique features: AI model training, Machine Learning development with IO-SDK,…

IO listing exchanges

Binance will be the first cryptocurrency exchange to list Io.net (IO), starting trading at 19:00 on June 11, 2024 (Vietnam time). Readers can open a Binance account according to the following instructions: Instructions for creating a Binance account to receive 20% off transaction fees.. 

Spot trading pairs supported on Binance are IO/BTC, IO/USDT, IO/BNB, IO/FDUSD & IO/TRY. Seed Tag will be applied to IO.

Io.net also became the 55th Binance Launchpool project, with a 4-day farming period from 07:00 June 7, 2024 - 07:00 June 11, 2024 (Vietnam time). Readers can refer to how to join Launchpool - Get free tokens here: What is Binance Launchpool? Detailed instructions on how to participate

IO price prediction

I will compare with projects in the DePIN segment similar to Io.net, which are Render (RNDR) and Jasmy (JASMY).  

In terms of current stature, IO cannot be compared with RNDR (Render), the No. 1 project in the Crypto market in the decentralized GPU segment. With updates and developments on the Io.net ecosystem, I think IO's FDV will be about half of RNDR's FDV.

With the combination of AI and DePIN trends, IO can completely compete with leading DePIN platforms in the IOT (Internet of Things) segment such as JASMY (Jasmy).

In the context of good cash flow in the Crypto market, IO's FDV level will range from 2 - 2.6 billion USD. With a total supply of 800 million IO, the reasonable price for IO when listed on Binance can range from 2.5 USD to 3.25 USD.