A few days ago, I talked about the inflated market value of IO, which fell from 6.5 to 3.7 in the past few days, a drop of nearly 50%. Let's talk about its story.
IO first went through a four-day BN Launchpool staking mining, and then its token IO was successfully traded on major exchanges.
However, the development of the project has not been smooth. Back in April, when the project token had not yet opened, it attracted much attention due to its scale and popularity. But on April 25, the official website of io dot net encountered a malfunction. It was reported that the front-end data was tampered with by hackers, causing the airdrop of the project token IO to be postponed. Then, Arthur Chung, the founder of the cryptocurrency investment fund "Defi capital", posted a meaningful tweet on the social platform. Everyone speculated that it might refer to Ahmed Shadid, the founder and CEO of IONET, which caused great dissatisfaction and indignation in the community, and people were worried about the prospects of the project. Fortunately, on June 9, IONET's founder and CEO Ackerman resigned from his position on the social platform in time and handed it over to io net's co-founder and COO Tory green, so that the turmoil was alleviated and the project was successfully launched.
The initial performance was good, thanks to its access to two popular tracks: AI artificial intelligence and dPIN decentralized physical infrastructure. io dot net is a decentralized computing network built on the Solana blockchain, which aims to use idle GPUs (i.e. computer graphics card computing power) to provide computing services for practitioners in the field of AI robots. At a time when AI is in high demand, start-ups face the pain point of high hardware costs, which is exactly what this project aims to solve.
If you want to participate, we can: buy its coins, or choose to "money". The specific operation is to first register an account on the official website, connect the wallet, download the program, and then earn IOB by contributing computer computing resources. In this way, you can participate in this project full of opportunities and challenges.
