io.net IO price:

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io.net stands as a pioneering decentralized physical infrastructure network, often abbreviated as DePIN, specifically designed to address the escalating global demand for AI computation resources. It functions as a sophisticated platform that aggregates idle Graphics Processing Unit capacity from various sources, including independent data centers, crypto miners, and consumer-grade hardware, to form a vast, scalable network of distributed computing power. This innovative approach aims to democratize access to high-performance computing necessary for artificial intelligence and machine learning applications, making it more accessible and cost-effective for startups, researchers, and large enterprises alike. The core problem io.net seeks to solve is the acute shortage and high cost of GPUs, which are critical for training and deploying complex AI models. By pooling resources from diverse locations, the network creates a resilient and flexible infrastructure that can scale on demand, significantly reducing the operational expenses typically associated with centralized cloud computing services. This decentralized model not only offers a more economical alternative but also enhances censorship resistance and reliability, as the compute power is not concentrated in single points of failure. Providers of GPU resources contribute their idle capacity to the network and are compensated for their contribution, creating a new economic opportunity for hardware owners. The native token of the io.net ecosystem, IO, plays a pivotal role in facilitating transactions, governance, and incentivizing participation within the network. IO tokens are used to pay for computational services, creating a direct economic loop between those requiring AI compute and those providing it. Furthermore, the token empowers its holders with governance rights, allowing them to participate in key decisions regarding the network's development, upgrades, and future direction. Staking mechanisms may also be incorporated to further secure the network and reward long-term commitment from participants. This comprehensive utility ensures the token is intrinsically linked to the operational success and growth of the decentralized cloud. io.net targets a wide array of use cases that require substantial computational power, including but not limited to AI model training, large language model inference, scientific simulations, rendering, and various other machine learning workloads. Its architecture is built to support a multitude of AI frameworks and libraries, ensuring compatibility and ease of integration for developers. By providing a robust, permissionless, and globally distributed network for GPU compute, io.net is poised to become a foundational layer for the next generation of decentralized AI applications and Web3 infrastructure, fostering innovation and accelerating the advancement of artificial intelligence without the traditional bottlenecks of centralized computing resources. Its vision extends to building the world's largest decentralized AI compute network, enabling a future where AI development is open, scalable, and accessible to everyone.

io.net is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.

What is the io.net coin cap?

Circulating supply of this io.net is 171840558. Total supply of this coin/token is 799999953. Max supply is 800000000.

What is the value of io.net coin?

1 io.net is worth $0.858751.

To get price and historical data for io.net coin, use API ID: io-ionet for endpoints at http://api.coinpaprika.com.