IONET $IO Project Overview - AI Compute-as-a-Currency
🔹 Introducing the 55th project on Binance Launchpool: @ionet - a decentralized AI computing & cloud platform.
Spotlights
• 100x more GPUs than Major Competitors
• Providing GPU access worldwide across +138 countries
• Optimal AI processors
• Partners: Solana - Aptos - Render
• Total Raised: $30M
🔥Don't miss out on this opportunity to EARN FREE $IO on Binance Launchpool, Join Now👇
https://launchpad.binance.com/en/launchpool/IO_BNB?ref=KCLHB03N
Let’s take a deep dive into $IO with
IONET Overview$IO Tokenomics - Binance Launchpool$IO PredictionRoadmap & Updates
#IOLAUNCHPOOL #BinanceLaunchpol
1. IONET Overview
What is IO.NET?
• A decentralized AI computing & cloud platform. Aggregates GPU supply from underutilized sources for ML startups to access scalable computing power affordably.
• IO Cloud leverages distributed resources from a decentralized network of nodes called IO workers.
2. $IO Tokenomics & Use Cases
IO Coin is the native Coin of the IOG Network. IO coin is referred to as $IO.
• Total Token Supply at Genesis: 500,000,000 $IO
• Max Token Supply: 800,000,000 $IO
• Binance Launchpool: 4%
• Community: 50%
• Investors & Advisors: 22.7%
• Team: 11.3%
• R & D Ecosystem: 9.5%
2.1/ Token Use Cases
Use Cases for $IO:
• Payment Currency: Used for payments & transaction fees within the io.net ecosystem.
• Staking: Participate in network security & earn rewards by staking $IO.
• Governance: Vote on grant proposals and guide the strategic direction of the Internet of GPUs Foundation.
2.2/ Token Use Cases
Users can stake BNB and FDUSD to farm IO tokens over four days starting 2024-06-07. Trading starts on 2024-06-11.
🔹Supported Pools
• Stake BNB: 17,000,000 IO rewards (85%)
• Stake FDUSD: 3,000,000 IO rewards (15%)
https://x.com/ETH_Daily/status/1798578679624433749
3/ Token Use Cases
The total supply of $IO is 500M and the circulating supply upon listing will be around 95M (19%).
Compared with $RNDR ($5.5B FDV) So $IO FDV could be around $3B to $4B because of fundamental metrics such as Innovation - Potentials, Community, Backers and Team.
With the predicted FDV, $IO at TGE will be around $5-8$ at Market Cap $450 - $720M
4/ Roadmap & Updates
• 2023: Q2: Completed seed fundraise and became Render's first open compute client.
• 2023: Q3: Demonstrated ability to cluster GPUs in under 10 seconds at Ray Summit.
• 2023: Q4: Public launch at Solana Breakpoint and introduced BC8.AI, a fully decentralized ML model.
4/ Binance Discount Program
Be part of the Binance Launchpool community and gain access to $IO
https://launchpad.binance.com/en/launchpool/IO_BNB?ref=KCLHB03N