Is io.net, which is valued at $1 billion, a unicorn or a money-eating beast?
io.net is an innovative cloud computing project that integrates the current hot technology fields - artificial intelligence (AI), decentralized finance (DeFi) and Solana blockchain.
IO.Net not only provides customers with a low price of 10%-20% compared to centralized cloud service providers and instant online services without permission, but also provides additional startup incentives for computing power providers through the upcoming IO token, jointly helping to achieve the goal of connecting 1 million GPUs.
Opening price estimate: The total amount is constant at 800 million pieces, with an initial circulation of 95 million pieces. The initial supply of 500 million pieces will be released at the end of the 13th month and will be released gradually over 3-5 years. Binance mining only has 20 million pieces! Another 300 million pieces will be released gradually over 20 years!
The sector belongs to the AI hot sector, and the valuation will be slightly higher! The initial circulation is small! It is inevitable that the initial circulation market value will be overestimated!
Remember to reduce your position when the price is above 6 dollars. For new coins below 3 dollars or 2.5 dollars, you can take a chance. Just give it a chance and do it boldly!
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