After AI and DeFi, a new trend in crypto could potentially be #DePIN. But what is it?

$IO newly listed gem on all exchanges forming a falling wedge on lower time frame expecting a breakout in next couple of days

#IO might empower the decentralized GPU/AI narrative.but it's no match for the current #Bitcoin   dominance and market conditions. Traders are now taking profits, and the price of the coin is down -55% from its ATH. The next potential major support is at the 61.8% Fibonacci level, between $2.5 and $2.6

Today's review focuses on IO's initial offering completion on #Binance Launchpool and its future opportunities. IO is a decentralized computing provider built on the Sol 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. #IOInternetofGPUs

IO ecosystem categorizes itself into 5 main categories:

1. Infrastructure: Projects that support protocol infrastructures using the IONet GPU Network or integrate their own infrastructures with it.

2. GPU Provider: Projects that 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 setting up their own GPUs, similar to liquid staking services.

4. AL Ecosystem: Projects utilizing the IONet GPU infrastructure for artificial intelligence applications.