Io.net is a decentralized network that makes use of the graphics processing unit (GPU) capacity that is not being utilized by users all over the world in order to supply data processing power for artificial intelligence (AI) applications that require a significant amount of resources.

As a decentralized physical infrastructure network (DePIN), io.net is primarily concerned with the consolidation of a large number of graphics processing units (GPUs) in order to foster growth and innovation in the artificial intelligence (AI) industry.

This is accomplished by making GPU computing more accessible, adaptive, and instantaneous. This strategy tries to address the constraints of GPU scarcity and high costs, which are obstacles to the development of artificial intelligence.

The world's largest decentralized computing network, io.net, gives machine learning engineers the ability to access scalable distributed clusters at a fraction of the cost of equivalent centralized services due to its ability to scale.

io.net unlike Centralized Clouds, which can frequently take weeks to deploy, users can access the io.net network in a matter of seconds. Users have full flexibility to choose from the top GPUs in the world and modify any GPU they want.

io.net is able to provide prices that are up to 90 percent lower than those of its competitors due to its exceptional affordability and excellent cost efficiency.

Key Products and Features of the io.net (IO)

IO Cloud

Users have the ability to deploy and operate decentralized GPU clusters on demand through the usage of IO Cloud. By doing so, customers are able to gain access to GPU resources without having to make costly expenditures in hardware or manage infrastructure. Through the utilization of a decentralized network of nodes known as IO workers, users are able to access a massive pool of GPU resources for their artificial intelligence applications.

IO Worker

IO Worker is a web application that gives users the ability to lease their devices in order to boost the amount of computational strength they have available. Through participation in the IO network as a worker, individuals have the opportunity to generate considerable earnings by renting out their GPU and CPU compute resources that are not being utilized. This decentralized structure ensures that resource distribution is efficient, and it guarantees that providers will receive considerable earnings.

IO Explorer

In addition to providing users with a comprehensive view of the io.net network, IO Explorer also gives users with granular statistics and insights into every part of the GPU cloud. In a manner analogous to that of a blockchain explorer for blockchain transactions, IO Explorer provides transparency to the GPU-powered operations of io.net. This enables users to watch, evaluate, and comprehend the activities of the network in real time.

IO ID

In the io.net ecosystem, IO ID acts as the primary control center for tracking earnings and expenses from the perspective of the ecosystem. The users are able to simply monitor their balance and withdraw rewards in bitcoin, which simplifies the financial aspects of their participation in the network.

The Internet Of GPUs - IOG

Through the implementation of backend adaptations that are designed to achieve optimal integration with IO's one-of-a-kind network, IOG expands the possibilities of the platform. It streamlines the distribution of artificial intelligence apps, making it possible for AI developers all around the world to use powerful AI scaling capabilities. IOG clusters are capable of scaling up to hundreds of GPUs, which enables them to do tasks such as low-latency model inferencing, secret computing, and artificial intelligence model training.

Binance is excited to announce the 55th project on Binance Launchpool - IO.NET (IO)

To Begin, What Exactly Are IO Tokens?

A native token of the IOG Network, $IO token makes it possible for GPU renters, GPU owners, and holders of IO Coin to take advantage of economic incentives within the ecosystem. The fact that users are able to use IO token to pay for services within the io.net ecosystem generates a structural demand for the coin and ensures the survival of the network.

When it comes to traders who are interested in gaining exposure to the new decentralized GPU network, IO Coin gives an appealing prospect. IO Coin is the economic backbone of this unique ecosystem, which is being revolutionized by io.net's decentralized platform, which is changing access to high-performance computing capacity.

Through participation in the thriving ecosystem of the IOG Network, traders have the opportunity to capitalize on the growing demand for GPU resources. This is made possible by the fact that IO Coin supports economic incentives within the network.

Introducing IO.NET (IO) on Binance Launchpool!

IO Launchpool Details

  • Token Name: IO.NET (IO)

  • Total Token Supply at Genesis: 500,000,000 IO 

  • Max Token Supply: 800,000,000 IO 

  • Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis)

  • Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis)

  • Smart Contract Details: Solana

  • Staking Terms: KYC required 

  • Hourly Hard Cap per User: 

    • 17,708.33 IO in BNB pool

    • 3,125 IO in FDUSD pool

Supported Pools

  • Stake BNB : 17,000,000 IO in rewards (85%) 

  • Stake FDUSD : 3,000,000 IO in rewards (15%)

  • Farming Period: 2024-06-07 00:00 (UTC) to 2024-06-10 23:59 (UTC).

Binance will then list IO at 2024-06-11 12:00 (UTC) and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs. The seed tag will be applied to IO.

$BNB $FDUSD $IO

#Launchpool‬ #Binance55thProject(IO)

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Disclaimer: The information provided herein is offered "as is" for illustrative and informational purposes only, with no representation or warranty whatsoever. This information is not intended to vouch for financial, legal, or other professional advice, nor does it endorse the purchase of any particular product or service.