io.net: Why should you use this platform?

io.net is a DePIN project built on the Solana platform to provide GPU computing power to artificial intelligence (AI) and machine learning (ML) companies. Thereby allowing these companies to carry out the development process at the lowest cost and most effective implementation time.

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What is io.net?

io.net is a DePIN project built on the Solana platform, targeting artificial intelligence (AI) and machine learning (ML) companies. The primary goal of this project is to build a decentralized computing network to provide computational power to its users.

To achieve this goal, the project focuses on aggregating GPU resources from underutilized sources. These resources are used to help machine learning engineers access decentralized cloud services more conveniently and cost-effectively.

This process is shaped by decentralized computing network technology, allowing io.net to alleviate the financial burden on developers and the data science community.

What’s special about io.net?

The emergence of io.net has helped address the challenges associated with parallel execution of models, which is crucial for optimizing performance and scaling capabilities in the machine learning environment. This has been achieved by facilitating easier and more efficient access to hardware resources on public cloud services.

In addition, the project has thoroughly addressed issues such as resource scarcity, limited options for users, and high costs. This has led to the development of a new approach to resources through a decentralized market model.

Thanks to io.net, scaling workloads is no longer an issue, as all deployment, scheduling, and scaling tasks are handled automatically. This allows AI researchers to focus on their work without worrying about technical and hardware problems.

Featured products from io.net

More information for you about some particularly outstanding products from the io.net project:

• IO Worker: A platform for service providers and GPU owners, allowing them to rent out their GPUs and earn income from this activity.
• IO Cloud: A cloud service that helps users deploy and manage GPU clusters more easily. Users can select the type of cluster, purpose, and deployment location, as well as connect with leading machine learning services.
• IO Explorer: The blockchain explorer tool of the project, designed to provide real-time metrics on GPU cluster deployments, computational tasks, and pricing for users.
• IO Marketplace: A marketplace where users can buy and sell idle GPU resources, and IO Developer Tools (tools for developers building applications on the project).

What is an IO Token?

IO Token is the governance currency on the network, playing an important role in creating growth momentum while balancing user needs.

Specifications

• Token Name: io.net
• Ticker: IO
• Blockchain: io.net
• Token Type: Utility & Governance
• Total Supply: 800.000.000 IO

Distribution rate

According to shared information, IO Tokens are being allocated according to the following ratio:

• Community: 50%
• R&D Ecosystem: 16%
• Early backers (seed): 12.5%
• Initial core contributors: 11.3%
• Early backers (series A): 10.2%

IO Token Use Cases

IO Token can be used for the following tasks:

• Payment for activities on the platform.
• Participate in governance voting for the platform.
• Participate in staking to receive rewards from the platform.

Where to trade IO Token?

If you want to own an IO Token, you can buy it, the best crypto exchanges we can recommend for you are Binance, Gate.io, MEXC,…

Conclusion

So together we have come to the end of all the content surrounding the io.net project. Hope we have helped you better understand this project and see you again in new content at AZcoin.