LIVE#Binance has introduced its 55th #Launchpoolโฌ project: IO Coin.
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IO Coin is a decentralized AI computing network that allows machine learning engineers to access scalable distributed clusters at a low cost.
๐ Key Features of IO Coin:
1. **Decentralized AI Computing**: IO Coin facilitates decentralized AI computing, setting it apart in the cryptocurrency market.
2. **GPU Sharing Economy**: It supports a sharing economy for GPU resources, enabling individuals to lease their devices and earn rewards.
3. **Scalable Computing Power**: Offers scalable computing power for machine learning applications.
4. **Low Latency**: Ensures low latency for deployers, suitable for real-time AI applications.
5. **Monetization Opportunities**: Provides monetization opportunities for AI/ML companies and compute capacity suppliers.
๐ Tokenomics of IO Coin:
- **Total supply**: 100 million IOC
- **Distribution**:
- 40% sold in ICO
- 20% reserved for future development
- 15% allocated to the team
- 10% for partnerships and collaborations
- 5% for airdrops and bounties
๐ IO Coin's Ecosystem:
- **IO Cloud**: Users can deploy and manage on-demand decentralized GPU clusters.
- **IO Worker**: Individuals can lease their devices for increased computational power and earn profits.
- **IO Coin**: Facilitates economic incentives within the ecosystem for GPU renters, owners, and IO Coin holders.
๐ Price Prediction of IO Coin:
With a total supply of 100 million and 40 million in circulation, IO Coin is poised for a high price range. The expected price is between $5-$10 at launch.
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