io.net is a decentralized GPU computing network built on the Solana blockchain, designed to provide scalable and cost-effective computational resources for artificial intelligence (AI) and machine learning (ML) applications. By aggregating underutilized GPU resources from data centers, crypto miners, and other sources, io.net offers on-demand access to vast computing power, enabling developers to deploy large-scale ML workloads efficiently and affordably.
The platform’s native utility token, IO, has a circulating supply of 95 million and serves multiple functions within the ecosystem:
- Payment and Transactions: IO tokens are used to purchase or supply GPU computational power and to deploy GPU clusters.
- Staking and Rewards: Users can stake IO tokens to participate in network security and earn rewards from unused GPUs by either staking with a chosen node or operating their own node by staking more tokens.
- Governance: IO token holders possess governance privileges, allowing them to engage in decision-making processes through the IO Grants DAO, influencing the distribution of funds and the strategic trajectory of the foundation.
io.net’s architecture comprises several key components:
- IO Cloud: A decentralized cloud platform facilitating the creation of scalable clusters on demand, utilizing the compute capacity of the IOG Network.
- IO Worker: An intuitive web application enabling users to manage their GPU node operations efficiently.
- IO ID: A universal identity management system for the IO ecosystem, serving as a central hub for tracking earnings and expenses.
By leveraging its decentralized infrastructure, io.net aims to democratize access to high-performance computing resources, reduce costs for AI and ML innovators, and foster the development of new products and services within the decentralized computing ecosystem.
How to Buy io.net (IO) in 4 Steps
- 1.
Compare Crypto Exchanges – Explore our list of top cryptocurrency exchanges offering this token (IO) for purchase.
- 2.
Create an Account – Complete the registration process by verifying your email address and identity to access the platform.
- 3.
Make a Deposit – Fund your account using a Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- 4.
Buy Token – Use your deposited funds to purchase the token (IO) seamlessly.
Coinbase (COIN +4.61%), established in 2012, is a leading platform for buying, selling, and managing over 250 cryptocurrencies. As a Nasdaq-listed company, Coinbase offers users transparency and trust. The platform supports advanced trading tools, zero trading fees for Coinbase One members, and rewards programs that allow users to earn up to $400. With $226 billion traded quarterly, Coinbase is a major player in the global crypto market.
Coinbase operates in over 100 countries, including Australia, Canada, France, Germany, the Netherlands, Singapore, the United Kingdom, and the United States (excluding Hawaii). With top-tier security, cold storage, and educational tools, it’s a trusted platform for both beginners and advanced traders. Accessible, secure, and user-friendly, Coinbase is a global leader in crypto management.
Read our Coinbase Review or visit Coinbase.
Binance is one of the world’s largest and most well-known cryptocurrency exchanges. The benefits of purchasing io.net (IO) here are lower fees than competing exchanges and increased liquidity, enabling you to buy and sell quickly to take advantage of market-moving news.
Use Discount Code: EE59L0QP for 10% cashback on all trading fees.
This exchange is best for investors residing in Australia, Singapore, the UK, and internationally. Canadian and USA residents are prohibited.
Read our Binance Review or visit Binance.
KuCoin is a well-known name in the industry and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto-to-crypto trading. It now offers a varied range of services, including a P2P exchange capability and purchasing with credit or debit cards.
KuCoin currently offers io.net (IO) cryptocurrency trading and over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
USA Residents are Prohibited.
Read our KuCoin Review or visit KuCoin.
Established in 2013, Gate.io has grown into a reputable trading platform. While it is not the most popular exchange, it provides users with an easy-to-use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts many altcoins, including io.net (IO), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australian & UK residents.
USA & Canada residents are prohibited.
Read our Gate.io Review or visit Gate.io.
Established in 2013, HTX has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, HTX now serves more than 5 million users in over 130 countries around the globe. It should be noted that HTX currently does not accept USA or Canadian residents.
HTX is one of the top exchanges that currently offer io.net (IO) trading opportunities.
Read our HTX Review or visit HTX.
