Not letting Binance users wait too long, now Binance continues to Launchpool the next project after the resounding success of the 54 Notcoin project.
- Farming: 4 days from 07:00 June 7, 2024 - 06:59 June 11, 2024 (Vietnam Time)
- Listing time: 19:00 June 11, 2024 (Vietnam Time)
- Participation form: Stake $BNB and $FDUSD
Details about Launchpool refer here
Brief analysis of the project - Why did Binance choose this project to Launchpool?
io.net is a decentralized AI computing and cloud platform. By aggregating GPU supply from underutilized sources, io.net creates a network that gives machine learning (ML) startups access to virtually unlimited computing power at a fraction of the cost of traditional cloud.
Mission and Value Proposition of the Project?
- io.net was created to establish a globally accessible, decentralized cloud computing network that provides affordable, flexible, and permissionless access to computing power.
- With the development of AI, GPU computing power has increased significantly, and there is a large shortage of GPUs in the public cloud. This creates a number of problems such as long waiting times, limited choices and high costs.
- By aggregating GPUs from underutilized sources such as independent data centers, idle cryptocurrency mining farms, and consumers, io.net is able to deliver less computational power up to 90% compared to centralized cloud providers.
- Investors:
io. net has raised 30M USD in Series A round led by HackVC, along with many Tier 1 funds such as Delphi Digital & Multicoin Capital,...
- Tokenomics project
Initial total supply 500M
Maximum total supply 800M
Circulation: 95M (19% Initial Total Supply)
Launchpool Binance(4%).
- Token Allocation For Inves and Team,...
According to the project's homepage, I don't see the Airdrop section for the Community. Thus, there will be no pressure from the community on this project. Specifically, Allocation is distributed as follows:
+ Binance Launchpool: 4%
+ Early Backer: Seed Sale: 20%
+ Early Backer: Series A Sale: 16.24%
+ Initial Core Contributors: 18.14%
+ R&D and Ecosystem: 25.61%
- IO Token valuation after Listing
With a circulation level of only 95%, + additional growth momentum from the recent Uptrend market -> will push the IO price up quite high ~ $TIA
- Token release schedule, roadmap and development: everyone can refer to the Research article JONET
Congratulations on participating in Season 1-2 of the project. Currently, the project is still running Season 3. Everyone can refer to how to rejoin Twelve 5PC
In addition, those who do not have an account to join Launchpool can register for a Binance account using the partner link to receive reduced transaction fees. here
Finally, you should follow Binance Vietnam's Social Media channels to always update the latest and fastest information.
