PANews reported on June 6 that according to the official website, the decentralized artificial intelligence computing and cloud platform IO.NET has recently launched the third quarter Ignition reward plan, with a total allocation of 7.5 million IOs, from June 1, 2024 to June 30, 2024. This quarter focuses on incentivizing workers to participate. The snapshot for the third quarter will be taken randomly on June 30, 2024. To be eligible: Workers must pass the proof-of-work verification (automatically run once an hour) and must be active during the snapshot. For workers who are active during the snapshot, the uptime in June will be calculated to generate the final points allocated to the workers. The claim period for Season 3 will be announced before the end of Season 3. After the launch of the IO token, workers will receive "block rewards" on top of the rewards received in Season 3.

Earlier today, Binance launched the 55th project of new coin mining, using BNB and FDUSD to mine IO.NET (IO). It is reported that IO.NET's IO token will be issued on the day when Binance launches the token spot trading, which is June 11.