🚨 Attention crypto community 🔊
**Binance Introduces 55th Launchpool Project: IO.NET**
💥Binance has announced a new pre-sale initiative, introducing its 55th Launchpool project, IO.NET (IO), a decentralized platform for artificial intelligence and cloud computing. Users can stake BNB and FDUSD to collect IO tokens ahead of trading, which begins on June 11.
💥IO.NET aims to enhance efficiency and accessibility in the AI and cloud computing sectors through innovative decentralized solutions. Binance will be the first to list the IO token, highlighting its commitment to supporting pioneering cryptocurrency projects.
Launchpool details specify that Binance users can stake BNB and FDUSD in separate pools to earn IO tokens over a four-day period starting June 7. The website will be updated with detailed instructions and timelines within five hours of the announcement.
The initial supply of IO tokens is set at 500 million, with a maximum cap of 800 million tokens. Initially, 95 million tokens (19% of the initial supply) will be in circulation, and 20 million IO tokens (4% of the initial supply) will be available for mining. Personal hourly mining limits are 17,708.33 IO for the BNB pool and 3,125 IO for the FDUSD pool, with 85% of tokens allocated to the BNB pool and 15% to the FDUSD pool.