šŸ”¹ Introducing the 55th project on Binance Launchpool: @ionet - a decentralized AI computing & cloud platform.


Spotlights

ā€¢ 100x more GPUs than Major Competitors

ā€¢ Providing GPU access worldwide across +138 countries

ā€¢ Optimal AI processors

ā€¢ Partners: Solana - Aptos - Render

ā€¢ Total Raised: $30M


šŸ”„Don't miss out on this opportunity to EARN FREE $IO on Binance Launchpool, Join NowšŸ‘‡

https://launchpad.binance.com/en/launchpool/IO_BNB?ref=KCLHB03N

Letā€™s take a deep dive into $IO with

  1. IONET Overview

  2. $IO Tokenomics - Binance Launchpool

  3. $IO Prediction

  4. Roadmap & Updates


#IOLAUNCHPOOL #BinanceLaunchpol

1. IONET Overview

What is IO.NET?

ā€¢ A decentralized AI computing & cloud platform. Aggregates GPU supply from underutilized sources for ML startups to access scalable computing power affordably.

ā€¢ IO Cloud leverages distributed resources from a decentralized network of nodes called IO workers.

2. $IO Tokenomics & Use Cases

IO Coin is the native Coin of the IOG Network. IO coin is referred to as $IO.

ā€¢ Total Token Supply at Genesis: 500,000,000 $IO

ā€¢ Max Token Supply: 800,000,000 $IO

ā€¢ Binance Launchpool: 4%

ā€¢ Community: 50%

ā€¢ Investors & Advisors: 22.7%

ā€¢ Team: 11.3%

ā€¢ R & D Ecosystem: 9.5%

2.1/ Token Use Cases

Use Cases for $IO:

ā€¢ Payment Currency: Used for payments & transaction fees within the io.net ecosystem.

ā€¢ Staking: Participate in network security & earn rewards by staking $IO.

ā€¢ Governance: Vote on grant proposals and guide the strategic direction of the Internet of GPUs Foundation.

2.2/ Token Use Cases

Users can stake BNB and FDUSD to farm IO tokens over four days starting 2024-06-07. Trading starts on 2024-06-11.

šŸ”¹Supported Pools

ā€¢ Stake BNB: 17,000,000 IO rewards (85%)

ā€¢ Stake FDUSD: 3,000,000 IO rewards (15%)

https://x.com/ETH_Daily/status/1798578679624433749

3/ Token Use Cases

The total supply of $IO is 500M and the circulating supply upon listing will be around 95M (19%).

Compared with $RNDR ($5.5B FDV) So $IO FDV could be around $3B to $4B because of fundamental metrics such as Innovation - Potentials, Community, Backers and Team.

With the predicted FDV, $IO at TGE will be around $5-8$ at Market Cap $450 - $720M

4/ Roadmap & Updates

ā€¢ 2023: Q2: Completed seed fundraise and became Render's first open compute client.

ā€¢ 2023: Q3: Demonstrated ability to cluster GPUs in under 10 seconds at Ray Summit.

ā€¢ 2023: Q4: Public launch at Solana Breakpoint and introduced BC8.AI, a fully decentralized ML model.


4/ Binance Discount Program

Be part of the Binance Launchpool community and gain access to $IO

https://launchpad.binance.com/en/launchpool/IO_BNB?ref=KCLHB03N