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What is io.net (IO)?
io.net basic info
What is io.net (IO)?
io.net (IO) is a decentralized GPU network designed to provide unlimited computing power to machine learning (ML) applications. Its mission is to democratize access to computing power by assembling over 1 million GPUs from independent data centers, crypto miners, and projects like Filecoin and Render. By leveraging underutilized GPU sources outside of the cloud, io.net aims to solve the current shortage in cloud GPU capacity and make computing more scalable, accessible, and efficient.
How io.net (IO) Works
io.net offers six core products that form the backbone of its platform:
IO Cloud
IO Cloud allows users to deploy and manage on-demand decentralized GPU clusters. This provides users with access to GPU resources without expensive hardware investments and infrastructure management. Leveraging a decentralized network of nodes called IO workers, users can tap into a vast pool of GPU resources for their AI projects.
IO Worker
IO Worker is a web application that enables individuals to lease their devices for increased computational power. By joining the IO network as a worker, individuals can earn substantial profits by renting out their underutilized GPU/CPU compute resources. This decentralized structure ensures streamlined resource allocation and guarantees significant earnings for suppliers.
IO Explorer
IO Explorer provides users with a comprehensive view of the io.net network, offering detailed statistics and insights into every aspect of the GPU cloud. Similar to a blockchain explorer for blockchain transactions, IO Explorer offers transparency to io.net's GPU-powered operations, empowering users to monitor, analyze, and understand the network's activities in real-time.
IO Coin
IO Coin is the native coin of the IOG Network, facilitating economic incentives within the ecosystem for GPU renters, GPU owners, and IO Coin holders. Users can pay for services within the io.net ecosystem using IO token, which creates a structural demand for the coin and ensures the network's sustainability.
IO ID
IO ID serves as the central control center for tracking earnings and expenses within the io.net ecosystem. Users can easily monitor their balance and withdraw earnings in cryptocurrency, streamlining the financial aspects of their participation in the network.
IOG - The Internet Of GPUs
IOG enhances the capabilities of the platform by introducing backend customizations for optimal integration with IO's unique network. It simplifies the distribution of AI applications, allowing for advanced AI scaling accessible to AI creators worldwide. IOG clusters scale up to thousands of GPUs, enabling tasks such as confidential computing, AI model training, and low-latency model inferencing.
IO Goes Live on Bitget
IO Coin presents a compelling opportunity for traders seeking exposure to the new decentralized GPU network. With io.net revolutionizing access to high-performance computing power through its decentralized platform, IO Coin serves as the economic backbone of this innovative ecosystem.
As IO Coin facilitates economic incentives within the network, traders can capitalize on the growing demand for GPU resources by participating in the IOG Network's vibrant ecosystem.
With IO Coin listed on Bitget, traders gain access to this promising asset, tapping into the potential for substantial returns as io.net continues to disrupt the computing world with blockchain.
IO on Bitget Pre-Market
IO is a part of Bitget Pre-Market, a platform where users can trade tokens over-the-counter before the token is listed for spot trading. Join now to get the best out of it!
To use Bitget Pre-Market, follow these simple steps:
Step 1: Go to the Bitget Pre-Market page.
Step 2:
○ For Makers:
■ Choose the desired token and click on ‘Post Order’.
■ Specify Buy or Sell, enter price and quantity, review details, then confirm.
○ For Takers:
■ Choose the desired token, pick ‘Sell’ or ‘Buy’, select the pending order, enter quantity, and confirm.
■ Note: Partial completion is not allowed.
For more specific information on how to get IO tokens on Bitget Pre-Market, check out the announcement here
Get IO on Bitget Pre-Market now!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
IO supply and tokenomics
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What is the development prospect and future value of IO?
The market value of IO currently stands at $374.28M, and its market ranking is #180. The value of IO is widely recognized by the market. When the bull market comes, the market value of IO will likely continue to increase.
Moreover, if IO can play a greater role in practical applications, such as io.net builders fully leveraging the potential of IO, partnering with more businesses, and increasing its user base, the long-term value of IO will be significantly enhanced.