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      IO coin Price (IO)

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      Market Cap
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      Volume 24h
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      Max Supply

      800,000,000 IO

      Total Supply

      500,000,000 IO

      Links:
      Website, Whitepaper
      IO coin's Logo IO coin IO
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      IO coin (IO) Chart

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      IO coin (IO) Return On Investment(ROI)

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      -- 24 H
      -- 7 D
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      Details
      Mineable No
      Algorithm
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      What Is IO coin(IO)?

      The IO coin ("IO") is the native cryptocurrency and protocol token of io.net ("the Network").

       io.net is building an enterprise-grade decentralized computing network that allows machine learning engineers to access distributed cloud clusters at a small fraction of the cost of comparable centralized services.

      io.net is a decentralized GPU network designed to give unlimited computing power to ML applications. io.net makes computing more scalable, accessible, and efficient. Its mission is to unlock fair access to computing power by assembling 1 million + GPUs from independent data centers, crypto miners, and crypto projects such as Filecoin or Render.

      How is io.net different from AWS?

      io.net offers a fundamentally different approach to cloud computing, leveraging a distributed and decentralized model, which can provide more control and flexibility to users, our services are permissionless and cost efficient. The combination of all these factors sets io.net in its own league of Decentralized providers.

      What is the Utility of IO Coin?

      1. Effortless Cluster Payments: IO Coin will serve as the primary mode of payment within our ecosystem. Startups and Developers can effortlessly pay for cluster deployments, making the process streamlined and efficient they also use "IOSD Credits", which are a $USD-pegged utility token derived from IO in a burn transaction, are used to pay transaction fees for compute jobs on the Network.
      2. Model Inference Gateway : Every model deployed on the io.net must be inference with a micro IO coin transaction

      How to Claim IO Coin Rewards?

      GPU Rewards: We understand the value of your GPU resources, and that's why IO Coin ensures that every GPU connected to our network gets its fair share, you will be rewarded in network tokens like the native IO or IOSD while deploying and maintaining GPU availability. Here's how:

      • Hired Time Profits: When your GPU is hired by machine learning engineers for their projects, you will receive IO Coin payments for the time your hardware is in use. Your contributions are duly rewarded.
      • Idle Time Profits: Even when your GPU isn't actively hired, IO Coin continues to work for you. We utilize your idle GPU time for inferencing our hosted models on the network, and you'll receive IO Coin rewards for every single inference.

      IO coin (IO) Community

      IO coin FAQ

      CoinCarp does not currently have price data for IO coin as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once IO coin is live on an exchange, CoinCarp will provide real-time IO coin (IO) prices from different exchanges.

      It depends on your personal risk tolerance and investment goals. IO coin is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
      If you decide to get involved in IO coin investing, you will also need to understand the IO coin project's white paper, team background, tokenomics, and the overall market environment.

      CoinCarp's tracking data suggests that the IO coin is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase IO coin from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for IO coin.

      According to CoinCarp's tracking data, no crypto exchange yet supports IO coin contracts or ETF trading. so you can't short IO coin

      It is impossible to predict what IO coin will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, IO coin's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of IO coin 5 years from now.

      IO coin's Logo
      IO coin IO
      USD US Dollar

      IO Price Statistics

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      IO coin Price History

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