Quick Overview

• Innovation in AI & Cloud: io.net ranks 14th in AI sector ICOs, offering affordable, decentralised cloud clusters.
• Key Milestones: The Token Generation Event (TGE) and Token Launch mark major advancements.
• Upcoming Events: Binance Launchpool (June 7-11, 2024) on Solana blockchain to distribute 20M IO tokens.
• Past Achievements: Raised $30M in Series A funding, with Delphi Labs as a key investor.
• Worker Platform: GPU owners can monetise idle GPUs, with instant earnings withdrawal via Solana.

In the rapidly evolving landscape of cloud computing and artificial intelligence (AI), io.net stands out as a beacon of innovation. This project has garnered significant attention and interest for its state-of-the-art decentralised computing network. Moreover, it offers machine learning engineers the opportunity to access distributed cloud clusters at a fraction of the cost typically associated with centralised services, heralding a new era in cost-effective and efficient cloud computing.

Today’s Exciting Milestones

The excitement surrounding io.net is palpable, especially today, with two major events marking significant milestones in the project’s journey. The Token Generation Event (TGE) and Token Launch are pivotal moments that have captured the attention of investors and tech enthusiasts alike. These events signify not just the distribution of tokens but also the official introduction of io.net’s innovative solutions to the broader market.

Binance Launchpool: Stake Tokens from June 7-11, 2024

Furthermore, io.net ICO has a series of intriguing events lined up, designed to sustain its momentum and expand its reach. Notably, the upcoming Binance Launchpool, active from June 7 to June 11, 2024, offers a prime opportunity for investors to stake their BNB and FDUSD tokens and participate in the distribution of 20 million IO tokens. Hosted on the Solana blockchain, this event also underscores io.net’s commitment to leveraging cutting-edge platforms and technologies to enhance user experience and investment opportunities.

Delphi Digital Backs io.net with $30M Series A

The journey of io.net has been marked by impressive achievements, including the successful completion of its Series A funding round on March 5, 2024. This round raised a substantial $30 million, with Delphi Digital (Delphi Labs) among the prominent investors backing the project. This significant financial backing has validated io.net’s vision. It also provided the necessary resources to accelerate its development and deployment of groundbreaking solutions.

io.net Cloud: Instant GPU Access via Solana Pay

At its core, io.net Cloud is a decentralised computing network. It also empowers machine learning engineers with access to global GPU resources. This innovative approach allows for seamless deployment on a decentralised physical infrastructure network (DePIN). Additionally, it offers frictionless cluster deployment and pre-configured setups for various machine learning workloads. The platform’s use of Solana Pay enables instant payment. This feature unlocks compute power within seconds, ensuring users can access the internet of GPUs at industry-leading prices.

Exceptional Features

• Decentralised Clusters: Leverage a global network of GPUs for unmatched scalability and performance.
• Streamlined Deployment: Enjoy frictionless deployment of your ML workloads with pre-configured stacks.
• Instant Payment and Access: Utilise Solana Pay for quick payments and instant compute access.
• Unrivalled Pricing: Benefit from highly competitive pricing and unmatched speed.
• Global GPU Access: Access GPUs in over 138 countries, ensuring global reach and flexibility.
• Top-tier Security: Maintain security compliance with SOC2/HIPAA and end-to-end encryption.

The Worker Platform: Monetise Your GPUs

io.net’s worker platform is a game-changer for GPU owners, enabling them to turn their idle GPUs into revenue-generating assets. By connecting their GPUs to io.net, users can participate in a high-utilisation network, earning substantial profits and enjoying premium support. The ability to withdraw earnings instantly via Solana ensures a seamless and efficient monetisation process.

Key Features for Workers

1. Connect and Earn: Turn your GPU into a money-making machine with io.net’s seamless connectivity.
2. Instant Withdrawals: Withdraw your earnings instantly with Solana, enhancing liquidity and convenience.
3. High Utilisation Rates: Maximise your earnings with high network utilisation and premium support.

Track Performance with io.net’s Global Infrastructure Explorer

Every network needs a reliable explorer, and io.net delivers with its comprehensive platform that tracks global infrastructure, supply, and reputation scores. Users can monitor the performance of premium suppliers equipped with the best NVIDIA H100 processors and ensure transparency with on-chain records of every inference on io.net-powered models.

From Quant Trading to Leading AI Innovations: io.net’s Journey

Prior to June 2022, io.net concentrated on creating institutional-grade quantitative trading systems. These systems catered to both the US stock market and the cryptocurrency market. This endeavour required robust backend trading systems with significant computational power. They needed to be capable of real-time monitoring and maintaining low latency for order execution. Then, the introduction of Ray.io, an open-source library, revolutionised io.net’s infrastructure management. As a result, it dramatically reduced the time required to build backend systems from over six months to less than 60 days.

Overcoming Challenges

• High Costs: The substantial expense of operating the system, caused by overpriced GPU on-demand cloud providers, presented a major challenge.
• Industry Trends: The growing compute requirements for AI applications, doubling every three months, necessitated a shift towards more efficient solutions.

io.net: Transforming AI and Cloud with Decentralised Power

As the demands of deep learning and AI applications continue to grow, io.net is well-positioned to lead the charge with its decentralised, cost-effective, and highly scalable solutions. Moreover, the end of Moore’s Law and the increasing computational demands underscore the need for domain-specific processors optimised for deep learning workloads. The company’s commitment to innovation and efficiency ensures that it will remain at the forefront of this transformative industry.

io.net ICO is not just another project in the crowded AI and cloud computing space. It is a revolutionary force, redefining the way machine learning engineers and GPU owners interact with and benefit from decentralised computing resources. With a proven track record, substantial financial backing, and a clear vision for the future, io.net seems set to make a lasting impact on the industry and beyond.

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• Source: https://www.financebrokerage.com/io-net-leading-decentralised-cloud-computing-in-ai/