What is Ionet?
Ionet is an innovative platform that provides decentralized GPU (graphics processing unit) resources for large-scale artificial intelligence (AI) projects. It reduces costs and improves the performance of AI projects by allowing users to quickly and efficiently access global GPU resources.
Key Features
- Decentralized Infrastructure: Ionet decentralizes the physical infrastructure network with distributed GPU cluster deployments.
- Instant Payment: Offers fast payment via Solana Pay, so GPU resources become available in seconds.
- Sustainability: Ionet works with green data center partners to deliver sustainable GPU options and provide environmentally responsible solutions.
- Security: The project provides a high level of data security with SOC2 and HIPAA compliant security standards.
Usage areas
- Artificial Intelligence and Machine Learning: Offers GPU clusters optimized for AI and machine learning workloads, so faster and more efficient calculations can be performed.
- Financial Services and Health Sector: It provides great convenience in these sectors thanks to secure data sharing and fast transaction capabilities. It is especially ideal for applications requiring big data analysis and fast processing.
Technological Innovations
Ionet offers advanced technological solutions to facilitate and optimize users' access to GPU resources. These solutions include:
- Low Latency: Thanks to global access, users can access GPU resources with low latency.
- Cost Efficiency: Significantly reduces costs thanks to decentralized structure and optimized resource use.
- Easy Integration: Ionet can easily integrate with existing AI projects and workloads, allowing users to scale their projects quickly and efficiently.
Future Vision
Ionet aims to deliver large-scale efficiency and security by combining AI and blockchain technologies. With global GPU access, users can reduce their costs and increase their performance. Ionet aims to play an important role in the technology world by enabling AI projects to be run more sustainably and efficiently.
Team and Investors
Set
The team behind Ionet consists of experts with extensive experience in blockchain and artificial intelligence. Team members:
- Ahmad Shadid: Founder and CEO
- Tory Green: Co-Founder and COO
- Basem Oubah: Co-Founder and CoS
- Gaurav Sharma: CTO
Investors
It receives support from leading investors and venture capital companies in the field of blockchain. Notable investors include:
- Anatoly Yakovenko: Solana Labs
- Mo Shaikh ve Avery Ching: Aptos Labs
- Yat Siu: Animoca Brands
- Sebastien Borget: The Sandbox
In March 2024, IO Research announced a $30 million Series A funding round. This round was led by Hack VC and with contributions from Multicoin Capital, Solana Ventures, 6th Man Ventures, OKX Ventures, Aptos Labs, The Sandbox, Delphi Digital and others. This funding round was for Ionet, IO Research's Solana-based decentralized physical infrastructure network (DePIN), and was conducted at a total fully diluted token valuation of $1 billion.
IO.NET (IO) Binance Launchpool
Binance added the IO.NET (IO) project to Launchpool. Users can earn IO tokens by staking BNB and FDUSD. IO tokens will be traded with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD and IO/TRY parities on June 11, 2024. The total token supply will be 800 million and the initial supply will be 500 million IO. Farming will take place between June 7-10, 2024, and a total of 20 million IO rewards will be distributed.
How to Participate?
1. Log In to Your Binance Account: Sign up for Binance if you don't have an account yet
2. Stake BNB and FDUSD: Stake your $BNB and $FDUSD tokens to earn IO tokens.
3. Farming Period: Farming period will take place between 7-10 June 2024.
4. Collect Rewards: You will earn IO tokens in exchange for the tokens you stake.
