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What is io.net (IO)?

io.net basic info

Name:io.net
Ticker:
Introduction:

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.

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Current price:
All-time high:$6.45
All-time low:$1.32

IO supply and tokenomics

Circulating supply:120,286,830 IO
Total supply:800,000,000 IO
Max supply:800,000,000 IO
Market cap:$177.81M
Fully diluted market cap:$1.18B

Links

Buy io.net for $1Buy IO now

What is the development prospect and future value of IO?

The market value of IO currently stands at $177.81M, and its market ranking is #236. The value of IO is not widely recognized by the market. When the bull market comes, the market value of IO may have great growth potential.

As a new type of currency with innovative technology and unique use cases, IO has broad market potential and significant room for development. The distinctiveness and appeal of IO may attract the interest of specific groups, thereby driving up its market value.

What will the price of IO be in 2025?
Based on IO's historical price performance prediction model, the price of IO is projected to reach $3 in 2025.
What will the price of IO be in 2030?
In 2030, the IO price is expected to change by -13.00%. By the end of 2030, the IO price is projected to reach $3.82, with a cumulative ROI of +136.83%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of IO and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is IO worth investing or holding? How to buy IO from a crypto exchange?

If you want to buy IO, the following information may be helpful for your investment decisions:
In the last 7 days, the price of IO has fallen by -16.06%, leading to negative returns for most IO investors. The market is currently pessimistic about the price trend of IO.
It is important to note that the current price of IO has retreated by -77.08% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether IO is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in IO or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of IO, if you want to buy or sell IO, you can consider Bitget for your trading needs. The best place to buy IO is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in io.net has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy io.net. Here's a step-by-step guide on how to buy io.net on Bitget.

How to get io.net through other methods?

Using cash to buy io.net is not the only way to obtain io.net. If you have the time to spare, you can get io.net for free.
Learn how to earn io.net for free through the Learn2Earn promotion.
Earn free io.net by inviting friends to join Bitget's Assist2Earn promotion.
Receive free io.net airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to io.net through Bitget Convert, Bitget Swap, or spot trading.

What is io.net used for and how to use io.net?

The use case of io.net may expand as the crypto market and the project itself develop. Currently, you can use IO to achieve the following goals:
Arbitrage by trading IO: Since IO is a frequently traded cryptocurrency, the price of IO is always fluctuating. Earn more IO by buying low and selling high on the exchange. Bitget spot market provides a variety of IO trading pairs to fully meet your needs.
Earn by staking IO: You can also generate income through financial management methods such as staking IO or lending IO. Bitget Earn offers a variety of financial products designed to help you earn more income from your IO.
Send or pay IO: If you want to give IO to your friends, a charity, or a fundraiser, or you want to pay someone with IO, you can quickly and easily send IO to the recipient through their payment address.
You can also go to the official website of the io.net project to learn more about the use cases of IO. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

io.net Wiki

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