Binance announces project number 55 on the Binance Launchpool and the exchange will host here the IO .NET project, a decentralized cloud and AI computing platform developed on the Solana network.
IO .NET intends to offer an Internet of GPUs and the purpose of aggregating GPU resources from different sources to create a network that gives Machine Learning or AI startups access to almost unlimited computing power, and this at a cost much lower compared to the traditional cloud.
Binance Launchpool will host the IO .NET project starting on June 7 and users will be able to farm here for 4 days the IO token using both BNB and FDUSD. Also, those who have already staked BNB will receive rewards both from the Launchpool area, but also rewards from the new Binance Megadrop platform, very bullish news for those who own this currency that even reached a new ATH this week .
IO .NET will allocate 4% of the total supply of the IO token for the campaign on Binance Launchpool and the coin will be listed on the Binance exchange on June 11, and the project mentions that the token will have 19% of the supply in circulation at launch, a a detail that makes me believe that IO could reach a price between 3 and 5$ on the day of the listing.
Until then, don't forget that you can farm the IO token on the Binance Launchpool if you deposit BNB or FDUSD to stake and it is a very simple option by which you can receive allocation in this project before the official listing.
You have below the links to the campaign on Bianance Launchpool, but also for the Binance Research report for this project, if you do not already have an account on this exchange, you have also attached my referral link through which you can register and benefit of a discount on trading fees.
BINANCE LAUNCHPOOL:
â¶ïž https://bit.ly/3KAdXRS
RESEARCH IO .NET:
â¶ïžhttps://binance.com/en/research/projects/ionet
BINANCE LINK:
â¶ïžhttps://accounts.binance.com/register?ref=23289152
