IONET is a decentralized AI computing and cloud platform based on Solana, Render, Ray and Filecoin's distributed GPU system. It aims to use distributed GPU resources to solve computing challenges in the field of AI and machine learning.
IONET solves the problem of insufficient computing resources by aggregating underutilized computing resources such as independent data computing centers, cryptocurrency miners, and excess GPUs from crypto projects such as Filecoin and Render, enabling engineers to obtain a large amount of computing power in an easily accessible, customizable and low-cost system.
In addition, IONET introduces a distributed physical infrastructure network (depin), combining resources from various providers, enabling engineers to obtain a large amount of computing power in a customizable, cost-effective and easy-to-implement way. The IONET cloud platform now has more than 95,000 GPUs and more than 1,000 CPUs, supports rapid deployment, selects hardware, geographic location, and provides a transparent payment process.
Track Advantages
Decentralized Resource Aggregation: One of the core functions of IONET is decentralized resource aggregation, which aggregates GPU resources from multiple sources, including independent data centers, individual cryptocurrency miners, and excess resources from other crypto projects such as Filecoin and Render.
Cost-effectiveness: IONET provides low-cost and scalable computing power, allowing engineers to obtain a large amount of computing power in an easily accessible, customizable and low-cost system.
Token Economy
Token Status
Token Name: IO.NET (IO)
Maximum Token Supply: 800,000,000 IO
Initial Circulation: 95,000,000 IO (19% of the total initial token supply)
Launchpool Mining Status
Total Mining: 20,000,000 IO (4% of the total initial token supply)
Mining Pool:
BNB Mining Pool: A total of 17,000,000 IO can be mined (accounting for 85%)
FDUSD Mining Pool: A total of 3,000,000 IO can be mined (accounting for 15%)
Mining Time: 08:00 on June 7, 2024 to 07:59 on June 11, 2024, Eastern Time
The maximum supply of IO tokens is 800 million. This supply is designed to ensure the stability of the token value and prevent inflation. However, initially, 300 million IO tokens will be issued, and there is a destruction mechanism. IO uses a programmatic token destruction system, which uses IONET to purchase and destroy IO tokens from the revenue generated by the IOG network. The destruction mechanism adjusts the number of destructions based on the price of IO to create deflationary pressure on the token.
Halving mechanism
2024-2025: 6,000,000 $IO tokens will be released each year.
2026-2027: The annual release will be halved to 3,000,000 $IO tokens.
2028-2029: The release will continue to halve, with 1,500,000 $IO tokens released each year.
In terms of track, both depin and AI are hot sectors. The unlisted expected valuation is already 1 billion, and the futures price on AEVO is around 4u. According to the usual listing expectations, the conservative price is 3U, and the aggressive price is 8U and above. So Lao Ai thinks that it is not a big problem to rush to 5-6U. If it continues to rise, we miners need to make a short-term profit.
Airdrop activity: IONET's airdrop activity is about to start, and the specific details can be paid attention to the official announcement. Participating in the airdrop activity can get a certain number of IO tokens, which is a good opportunity for early participants.