Question 1

What is io.net?

Accepted Answer

io.net is a decentralised computing network that provides access to on-demand GPU resources for artificial intelligence (AI) and machine learning applications. The platform aggregates underutilised GPUs from various sources, including independent data centres and decentralised networks such as Render and Filecoin. By offering distributed GPU clusters, io.net aims to provide an alternative to traditional cloud-based AI computing services.

The network is designed to support AI developers by reducing infrastructure costs and enabling large-scale model training and inference on a decentralised network. Users can deploy clusters of GPUs for AI workloads without relying on centralised providers.

Question 2

What is io.net (IO) used for?

Accepted Answer

io.net (IO) serves multiple purposes within its ecosystem:

* **Transaction Fees:** The IO token is used to pay for transaction fees on the io.net network. This includes fees for executing smart contracts and transferring tokens.

* **Staking:** Users can stake IO tokens to participate in the network’s consensus mechanism, which typically involves proof-of-stake or a variant thereof. Staking helps secure the network and provides rewards to participants.

* **Governance:** IO token holders can participate in the governance of the io.net platform. This includes voting on proposals related to network upgrades, changes to protocols, and other key decisions.

* **Incentives:** The IO token is used to incentivise developers and users to participate in the network. This includes rewards for developing dApps, providing liquidity, or other contributions that enhance the platform's ecosystem.

* **dApp Development:** IO tokens can be used within dApps built on the io.net platform, serving as a medium of exchange or as part of the functionality of various applications.

Question 3

AI Integration in io.net

Accepted Answer

io.net is specifically designed to support AI and machine learning applications by providing decentralised GPU infrastructure. Key AI-related features include:

* **Decentralised AI Computing:** Enables AI engineers to train and deploy machine learning models using distributed GPU clusters.
* **Cost Efficiency:** Aims to lower AI computing costs by aggregating GPU power from multiple sources.
* **Scalability:** Supports AI workloads that require extensive computational resources, such as deep learning and model inference.

Question 4

Who created io.net (IO)?

Accepted Answer

io.net was founded by Ahmad Shadid, Tory Green, Basem Oubah, and Matej Tomazin, each bringing expertise across technology, decentralised infrastructure, and AI development. Tory Green, serving as CEO, has led the project’s expansion, overseeing partnerships with other DePINs like Render and strategic initiatives that have positioned io.net as a resource-efficient alternative within the decentralised computing sector.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	IO-USDT IOUSDT	binance	AA	0.1144USDT	-2.39%	5,644,936.87IO	7,033	0.1172USDT	0.1209USDT
2	IO-USDT IO_USDT	whitebit	BB	0.1143USDT	-2.31%	3,424,438.30IO	6,588	0.1170USDT	0.1209USDT
3	IO-USDT IOUSDT	bybit	A	0.1142USDT	-2.48%	1,955,781.36IO	3,375	0.1171USDT	0.1208USDT
4	IO-USD IO-USD	coinbase	AA	0.1140USD	-2.56%	1,597,611.79IO	2,540	0.1170USD	0.1207USD
5	IO-TRY IOTRY	binance	AA	5.72TRY	-3.04%	695,860.55IO	399	5.90TRY	6.05TRY
6	IO-USDT IO_USDT	gateio	A	0.1142USDT	-2.49%	725,096.00IO	6,559	0.1171USDT	0.1209USDT
7	IO-EUR IO_EUR	whitebit	BB	0.1028EUR	-1.81%	545,511.86IO	520	0.1047EUR	0.1090EUR
8	IO-TRY IO_TRY	whitebit	BB	5.72TRY	-3.14%	425,468.22IO	504	5.90TRY	6.08TRY
9	IO-BTC IO_BTC	whitebit	BB	0.0₅1510BTC	-3.21%	394,563.42IO	144	0.0₅1560BTC	0.0₅1600BTC
10	IO-USDT IOUSDT_SPBL	bitget	BB	0.1143USDT	-2.39%	175,369.09IO	826	0.1171USDT	0.1208USDT
11	IO-USDT IO-USDT	kucoin	BB	0.1147USDT	-2.55%	55,189.35IO	180	0.1177USDT	0.1209USDT
12	IO-USDC IOUSDC	binance	AA	0.1141USDC	-2.56%	54,153.21IO	116	0.1171USDC	0.1199USDC
13	IO-USD IO_USD	cryptodotcom	AA	0.1145USD	-2.97%	5,592.80IO	45	0.1180USD	0.1208USD
14	IO-USD IOUSD	cexio	BB	0.1153USD	-2.39%	146.77IO	1	0.1182USD	0.1182USD
15	IO-USDT IOUSDT	cexio	BB	0.1136USDT	-3.67%	124.19IO	1	0.1179USDT	0.1179USDT
16	IO-USDT io_usdt	lbank	C	0.1143USDT	-2.47%	6,511,655.29IO	84,164	0.1172USDT	0.1210USDT
17	IO-USDT IO_USDT	p2pb2b	D	0.1145USDT	-2.30%	3,031,520.44IO	4,075	0.1172USDT	0.1209USDT
18	IO-USD IO-USD	btse	-	0.1138USD	-2.74%	2,426,676.50IO	39,701	0.1170USD	0.1210USD
19	IO-USDT IOUSDT	bitrue	D	0.1140USDT	-2.56%	2,099,009.90IO	35,260	0.1170USDT	0.1220USDT
20	IO-TRY IOTRY	btcturk	E	5.71TRY	-2.89%	1,463,092.30IO	1,079	5.88TRY	6.85TRY
21	IO-USDT io_usdt	xtpub	-	0.1144USDT	-2.39%	1,410,756.64IO	2,106	0.1172USDT	0.1209USDT
22	IO-USDT IOUSDT	mexc	C	0.1142USDT	-2.46%	1,385,827.51IO	7,882	0.1171USDT	0.1209USDT
23	IO-USDT IOUSDT	toobit	C	0.1142USDT	-2.48%	1,105,020.61IO	6,319	0.1171USDT	0.1210USDT
24	IO-USDT IO_USDT	bitunix	C	0.1143USDT	-2.39%	631,118.16IO	6,835	0.1171USDT	0.1208USDT
25	IO-KRW KRW-IO	upbit	B	155.00KRW	-3.13%	525,771.17IO	220	160.00KRW	164.00KRW
26	IO-USDC IOUSDC	mexc	C	0.1141USDC	-2.33%	465,840.08IO	2,995	0.1169USDC	0.1205USDC
27	IO-USDT IO-USDT	bingx	D	0.1140USDT	-2.73%	430,675.22IO	6,124	0.1172USDT	0.1209USDT
28	IO-USDT IO_USDT	cryptology	D	0.1144USDT	-2.31%	230,464.39IO	1,330	0.1171USDT	0.1207USDT
29	IO-USDT IOUSDT	btcturk	E	0.1145USDT	-3.46%	220,889.40IO	60	0.1186USDT	0.1262USDT
30	IO-EUR IO-EUR	bitvavo	B	0.1018EUR	-2.96%	159,009.52IO	99	0.1050EUR	0.1075EUR
31	IO-KRW IO_KRW	bithumbkorea	-	155.00KRW	-1.90%	110,933.53IO	160	158.00KRW	164.00KRW
32	IO-USDT IO_USDT	bydfi	-	0.1140USDT	-2.56%	103,629.72IO	3,465	0.1170USDT	0.1210USDT
33	IO-USDT sIOUSDT	phemex	C	0.1144USDT	-2.50%	73,695.58IO	1,386	0.1173USDT	0.1210USDT
34	IO-USDT IO-USDT	btse	-	0.1139USDT	-2.48%	16,144.83IO	1,081	0.1168USDT	0.1210USDT
35	IO-INR IOINR	coindcx	-	11.64INR	-1.88%	10,864.07IO	33	11.86INR	12.04INR
36	IO-CAD IO_CAD	ndax	C	0.1640CAD	-1.20%	8,050.53IO	24	0.1660CAD	0.1700CAD
37	IO-USDT iousdt	huobipro	C	0.1138USDT	-5.25%	3,111.17IO	26	0.1201USDT	0.1201USDT
38	IO-USDT IOUSDT	latoken	D	0.1600USDT	0.00%	0IO	0	0.1600USDT	0.1600USDT
39	IO-USDC IO-USDC	btse	-	0.1140USDC	-2.31%	1,375.08IO	923	0.1167USDC	0.1209USDC
40	IO-BTC BTC-IO	upbit	B	0.0₅1600BTC	0.00%	0IO	0	0.0₅1600BTC	0.0₅1600BTC
41	IO-IDR ioidr	indodax	E	2,063.00IDR	-2.37%	1,032.44IO	19	2,113.00IDR	2,180.00IDR
42	IO-KRW io_krw	korbit	C	162.90KRW	0.00%	0IO	0	162.90KRW	162.90KRW
43	IO-KRW IO_KRW	coinone	C	167.80KRW	0.00%	0IO	0	167.80KRW	167.80KRW
44	IO-USDT USDT-IO	upbit	B	0.1419USDT	0.00%	0IO	0	0.1419USDT	0.1419USDT
45	IO-THB THB_IO	bitkub	C	3.79THB	-5.13%	141.26IO	3	4.00THB	4.00THB
46	IO-USDT IOUSDT	hitbtc	E	0.1286USDT	0.00%	0IO	0	0.1286USDT	0.1286USDT
47	IO-USDC IO_USDC	backpack	C	0.1312USDC	0.00%	0IO	0	0.1312USDC	0.1312USDC
48	IO-USDC IOUSDC	cube	D	0.1500USDC	0.00%	0IO	0	0.1500USDC	0.1500USDC
49	IO-BRL IO-BRL	mercadobtc	C	0.6476BRL	0.00%	0IO	0	0.6476BRL	0.6476BRL