io.net price

FAQ About IO

• What is IO (io.net)?

  io.net is the world's largest decentralized AI computing network, empowering machine learning engineers with scalable, distributed GPU clusters at a fraction of the cost compared to centralized services. This unique platform can create clusters of tens of thousands of GPUs, whether co-located or geo-distributed, all while maintaining low latency for seamless deployment.
  In addition to direct suppliers within the network, decentralized physical infrastructure networks (DePINs) like Render (for image rendering) and Filecoin (for storage) contribute their compute capacity to io.net, monetizing through partnerships with AI/ML companies.
  io.net is driving an ecosystem of products and services centered around compute as a currency, enabling cost-efficient AI innovation and making advanced AI/ML capabilities more accessible to the world.

• What is the main utility of the IO token within the io.net ecosystem?

  The IO token has three primary utilities: 1) Payments: It is the designated currency for buying and selling GPU compute power on the marketplace. 2) Rewards: GPU providers are compensated in IO for their contributions. 3) Staking & Security: Suppliers may stake IO tokens to signal reliability and secure their role on the network, which can include earning discounts and other ecosystem benefits.

• What is the total supply and circulating supply of the IO token?

  According to the initial tokenomics, the maximum total supply of IO tokens is 800 million. The circulating supply at launch is a portion of this total, with a detailed emission schedule governing the release of the remaining tokens over several years to network participants, including the core team, users, and the community.

• What is the IO token price and what drives its value?

  The price of IO is determined by market dynamics on various exchanges. Its long-term value is intrinsically linked to the growth and adoption of the io.net network. Key value drivers include: increased demand for decentralized GPU compute, a growing number of AI developers using the platform, more GPU providers joining the network, and the overall utility and burning mechanisms within the IO tokenomics.

• How does io.net ensure the security of the network and my tokens?

  Io.net's security is multi-layered. The transaction and payment layer is secured by the high-performance Solana blockchain. Furthermore, the platform implements security protocols for its decentralized infrastructure and encourages a security-first mindset through mechanisms like staking, which financially incentivizes good behavior from network participants.