#IO去中心化算力网络
As the largest GPU computing network in Web3, io.net has become one of the most watched projects in the DePIN+AI track in this cycle amid the global computing power shortage.
What potential and opportunities does the io.net ecosystem and $IO tokens have?
Io.net is a distributed GPU system based on Solana, Render, Ray, and Filecoin, designed to use distributed GPU resources to solve computing challenges in the fields of AI and machine learning. On June 11, io.net completed the $IO Coin First Launch (TGE) on Binance Launchpool. The project is considered to have the potential to become a 100x coin, and its ecosystem and tokens may have the following potential and opportunities:
Innovative cloud computing model: io.net has built a decentralized physical infrastructure network (Depin) that utilizes GPU resources from different sources (such as independent data centers, crypto miners). This decentralized approach aims to optimize the utilization of computing resources and reduce costs while increasing accessibility and flexibility. The services it provides are similar to traditional cloud computing, with the goal of creating an experience similar to traditional cloud services, but leveraging the advantages of decentralized networks to provide more efficient and cost-effective solutions. Development trends of AI and related technologies: AI-related tokens have skyrocketed several times this year. Artificial intelligence has become a definite future direction and a major trend, and even Elon Musk has begun to dabble in his own XAI project. All this shows that AI and related technologies are becoming the focus of future investment. Strong partnerships: IO.NET not only has strong alliances with projects such as FIL and Render, but also has many partners. These partnerships enable IO.NET to provide strong power for the most innovative industries such as artificial intelligence and self-driving cars. Token economic model: IO coin is the native token of the IOG network, known as IO. IO Coin promotes economic incentives within the network, balancing the needs of the three main groups in the ecosystem. It has a maximum supply of 800 million, and at the launch of the project, io.net will issue 500 million tokens and gradually issue the remaining 300 million tokens over the next 20 years until the cap of 800 million tokens is reached. This means that there is very little selling pressure. The issuance of IO coins follows a deflationary plan, with the inflation rate starting at 8% per year and gradually decreasing by about 12.165% per year until it eventually reaches about 0.68% after 20 years, reaching a total of 800 million tokens. Solve the problem of insufficient computing resources: By aggregating GPUs from underutilized sources such as independent data centers, idle crypto mining farms, and consumers, IO.NET can provide computing power at 90% lower than centralized cloud providers.
However, it should be noted that the cryptocurrency market is highly volatile and uncertain, and investors should conduct sufficient research and risk assessment before making any investment decisions, and make decisions based on their risk tolerance and investment objectives.
Decentralized Infrastructure (DePIN) Track
The decentralized infrastructure (DePIN) track is an innovative and promising field, but it is also accompanied by a series of challenges and uncertainties.
On the positive side:
Increased censorship resistance and autonomy: The decentralized nature of infrastructure makes it more difficult for a single entity to control or censor it, providing users with greater autonomy and freedom.
Distributed reliability: It does not rely on centralized single points of failure, which reduces the risk of the entire system crashing due to individual node failures and improves overall reliability and stability.
Promoting innovation and competition: Providing more opportunities for new participants and innovative solutions, breaking the monopoly of traditional centralized infrastructure, and promoting the progress and development of the industry.
User privacy protection: It can better protect user data and privacy and reduce the risk of data being collected and abused.
However, there are also some challenges and problems:
Regulatory uncertainty: Current laws and regulations in this area are not yet complete, which may lead to legal risks and regulatory uncertainty.
Technical complexity and cost: Building and maintaining decentralized infrastructure generally requires higher technical skills and cost investment.
Performance and efficiency issues: In some cases, it may not be possible to achieve the performance and efficiency standards of centralized infrastructure.
Lack of unified standards: Different projects and solutions may lack unified standards and specifications, leading to interoperability and compatibility issues.
Security risks: Although decentralization can reduce certain types of risks, it may also bring new security challenges, such as smart contract vulnerabilities.
In general, the decentralized infrastructure (DePIN) track has huge potential, but it needs to continue to develop and improve in many aspects such as technology, regulation and market to give full play to its advantages and solve related problems.
More promising decentralized infrastructure (DePIN) projects
The Decentralized Infrastructure (DePIN) project is based on blockchain and uses token incentives to allow users to participate in network construction and large-scale hardware deployment, thereby forming an infrastructure network. In early 2023, Messari proposed the concept of DePIN, which aims to deploy real-world physical infrastructure and hardware networks through crypto-economic protocols, and encourage all parties to jointly build an efficient data utilization system. The following are some of the more promising DePIN projects:
Filecoin: A decentralized storage network that encourages users to share storage space through incentive mechanisms to ensure data security and availability. Its storage proof mechanism is a new foundation for a distributed storage network with built-in incentive mechanisms, which will drive the data storage and retrieval market on the entire Internet.
Helium Mobile: A wireless network project for the Internet of Things (IoT) based on blockchain technology, the recent decentralized 5G mobile network Helium Mobile project has attracted a lot of attention from the market. The token Mobile launched by Helium Mobile in June has seen a strong price trend in the past two weeks, with an increase of more than 2,400%. It is understood that the token will reward operators who operate 5G nodes in the future.
Render Network: A decentralized platform that uses blockchain technology to provide efficient and easily accessible rendering services. The platform uses unused GPU cycles to connect content creators who need computing power with GPU providers who have excess computing power. By utilizing these idle GPUs, the project achieves more efficient resource utilization, enabling creators to access GPU resources in a cost-effective manner.
IoTeX: An open source blockchain project built specifically for Internet of Things (IoT) applications. The project's goal is to create a network where "people and machines can interact in a privacy-preserving, trustless environment." In addition, the IoTeX ecosystem includes blockchain technology with secure hardware and computing, "making trusted data from trusted devices" available to decentralized applications (dApps).
CUDOS: A powerful open source project that provides a comprehensive set of dashboards to help users monitor and optimize their AWS resource usage. The CUDOS Framework provides a comprehensive automation warehouse, including CloudFormation templates, Terraform modules, and a command line tool called cid-cmd, for managing and deploying a series of cloud intelligence dashboards provided in the AWS Well Architected LAB.
Stratos: A new type of data infrastructure that aims to provide a trustless solution for decentralized storage, freeing blockchain developers from the monopoly of centralized cloud services. Stratos' decentralized data network enables scalable, reliable, self-balancing next-generation data storage, making it simple, efficient and flexible to retrieve data from the blockchain regardless of the size of the data.
Aleph.im: A project dedicated to innovating the field of decentralized data management. The price changes of its issued token ALEPH coin have been a concern for many investors since it was first listed on the exchange in June 2020. At the beginning of 2021, it reached about $0.1, achieving an astonishing 25-fold appreciation. On February 9, 2021, the price of ALEPH coin actually jumped to a historical peak of $0.7.
Hivemapper: A decentralized map built by people using dashcams, it represents a fundamental shift in the way maps are built. By outsourcing mapping to individuals who already have “good enough” hardware, it creates a new way to update maps more frequently and at a lower cost.
Bittensor: A decentralized protocol focused on AI and machine learning, at the forefront of decentralized artificial intelligence (AI). By using blockchain technology, BitTensor aims to solve some core problems encountered in the development of traditional AI, such as data ownership, incentive mechanisms for model training, and accessibility of AI services.