👽 Evaluate the IO.NET project and future growth potential! 👽
⚡️ IO.NET is a Solana DePIN network that aggregates GPU resources for AI & Machine Learning (ML) companies. The project aims to provide computing power at low cost and fast processing time 🤖
🔸 IO.NET Backers:
- Series A raising $30M (Amonica Brands, Delphi Digital, Solana Ventures, OKX Ventures, Aptos,...), press valuation is currently 1 billion USD.
🔸 IO.NET Tokenomic:
- Initial total supply: 500 million
- Maximum total supply: 800 million
- Initial circulating supply: 95 million (19% of total supply)
The allocation is as follows:
- Early Backers (Seed Round): 12.5%
- Early Backers (Series A): 10.2%
- Initial Core Contributors: 11.3%
- R&D Ecosystem: 16%
- Community: 50%
🔸 IO.NET price forecast:
Currently in the pre-market market, $IO is being traded at around $3-$4. In the context of good cash flow in the Crypto market, IO's FDV level will range from 2 - 2.6 billion USD. With a total supply of 800 million IO, the reasonable price for $IO when listed on Binance can range from 2.5 USD to 3.25 USD.
