Trade IO with Leverage

io.net (IO) is a decentralized AI computing network designed to optimize the use of underutilized GPU resources, providing scalable and cost-effective computing power. The network aggregates GPUs from a variety of sources, such as data centers, cryptocurrency mining farms, and individual contributors, enabling machine learning startups and other AI-driven projects to access substantial computing power at reduced costs compared to traditional, centralized cloud services. 

Founded by Ahmad Shadid in 2019, io.net has grown through strategic partnerships and the development of its decentralized infrastructure. The platform leverages a network of independently operated GPU nodes to deliver its services. Shadid’s vision was to create a decentralized network that could democratize access to high-performance computing, particularly for AI and machine learning applications.

io.net operates through the IOG Network, which consists of GPU nodes managed independently. These nodes offer permissionless access to computing resources on demand. Users can interface with these GPUs through io.net’s cloud platform, IO Cloud, which facilitates the management of decentralized GPU clusters. The system allows users to efficiently manage GPU resources without needing to invest in expensive hardware or infrastructure management. Payments for these services can be made using cryptocurrencies on the Solana blockchain or via traditional payment methods. Users supplying GPUs to the network are compensated in IO tokens, ensuring cost-efficient utilization of their resources while meeting the network’s demand.

io.net is able to create clusters of tens of thousands of GPUs, maintaining low latency for deployers. The network includes direct suppliers and partnerships with decentralized infrastructure projects like Render and Filecoin, which contribute their compute capacity to io.net. Through tis integration, io.net’s computational resources are expanded, enhancing its capability to serve AI and ML innovators more effectively.

The platform’s strategic partnerships with entities like Aethir, Exabits, Hiveon, and Aurory aim to improve GPU accessibility and performance for various applications, including AI, gaming, and blockchain. These collaborations facilitate the use of io.net’s GPU network for real-time image generation, AI-powered dApps, zk-prover operations, and trustless data processing. The IO Worker interface allows GPU suppliers to manage their operations efficiently, ensuring optimal use of resources.

The IO token functions as the primary medium for transactions within the network. The token is used for purchasing and selling GPU computing power and for deploying GPU clusters. Additionally, IO tokens can be staked to enhance network security and earn rewards, fostering an incentive structure that supports the long-term sustainability of the project.

The total supply of IO tokens is capped at 800 million, with an initial circulating supply of 95 million tokens. At the token generation event (TGE), 500 million tokens were created, with the remaining 300 million to be distributed as rewards over time. The tokenomics plan includes allocations for investors, core contributors, and future research and development, with 50% of the total supply reserved for community sustainability. Investors and employees are subject to a vesting schedule, with a one-year cliff followed by monthly vesting over two and three years.