After AI and DeFi, a new trend in crypto could potentially be #DePIN . But what is it?
Today's review focuses on the completion of IO's initial offering on #Binance Launchpool and the opportunities it may bring in the future.
$IO is a decentralized computing provider built on the Solana network, offering a decentralized processing network. It provides access to GPU and CPU usage at low costs, catering particularly to decentralized applications.
⚪️ The AI sector is poised to become the dominant narrative in the coming years, leading to a surge in demand for cost-effective GPUs. It is estimated that the projected market will exceed $1.4 trillion by 2030. This is the market that IONet aims to target.
⚪️ GamerHash's community can now connect their compute resources with ionet's distributed GPU network, transforming gaming's computational power into a valuable asset for AI sector innovation and growth.
⚪️ One of ionet's standout features is its ability to dynamically allocate computing power according to user demand. This flexibility ensures efficient resource utilization and facilitates seamless scalability for organizations. #IOInternetofGPUs
IO ecosystem categorizes itself into 5 main categories:
1. Infrastructure: This category includes projects that support protocol infrastructures using the IONet GPU Network or integrate their own infrastructures with it.
2. GPU Provider: Projects in this category supply GPU resources through the IONet platform.
3. DePINFi: Also known as Tokenized Real World Assets (RWA), this new category allows users to participate in IOGs (GPU providers) without the hassle of setting up their own GPUs, similar to liquid staking services.
4. Artificial Intelligence Ecosystem: Projects utilizing the IONet GPU infrastructure for artificial intelligence applications.
5. Others: Includes projects and services that do not fall into the above categories.
These categories comprehensively represent the diverse use cases and technological applications within the IO ecosystem.
