‍io.net is a Solana-native DePIN and AI platform which offers computing and infrastructure for massive AI training models via a global network of GPU power.

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$IO is the native cryptocurrency of io.net which acts as the primary incentive token for contributors and users of the IOG Network.

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AI Compute-as-a-Currency,  powered by $IO™ Internet of GPUs™

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What is io.net?

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io.net is a Solana-native DePIN (Decentralized Physical Infrastructure Network) platform that utilizes AI to crowdsource GPU power for large-scale AI training models. They have served more than 1.3M computing hours.

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It leverages a global network of spare GPU power to give developers instant access to scalable, high performance computing infrastructure. Crowdsourcing computing power makes io.net significantly more inexpensive than traditional cloud providers.

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By aggregating excess GPU power from around the world, io.net forms decentralized clusters capable of handling even the most demanding AI workloads. io.net currently operates on 650K+ GPUs spread across 140 countries.

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With DePIN, io.net allows contributors to offer their excess GPU power, which is then distributed through the network. This decentralization lowers costs and increases redundancy, reliability, and scalability for AI developers.

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What is DePIN and #OnlyPossibleOnSolana?

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DePIN, short for Decentralized Physical Infrastructure Networks, refers to a new class of blockchain-powered systems that enable real-world, physical infrastructure (like GPUs, servers, or other hardware) to be shared and accessed in a decentralized manner.

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A majority of computing power comes from centralized tech giants like Amazon, Google and Microsoft which comes with data privacy concerns and a high price tag.

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DePIN enables individuals or smaller entities to contribute their hardware resources (like excess GPU power) to a decentralized network, creating a shared, distributed infrastructure.

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• Decentralized Ownership: Instead of relying on centralized corporations to own and manage infrastructure, DePIN allows anyone to contribute resources, leading to a more democratic distribution of power and value.

• Creates Incentives: Participants (such as GPU owners on io.net) are rewarded with tokens (like $IO) for contributing resources. This aligns economic incentives with network growth, encouraging more individuals to contribute over time.

• Increases Efficiency: By pooling together decentralized hardware resources from various contributors, DePIN networks can offer services more affordably and efficiently than traditional centralized systems.

• Boosts Security and Resilience: Since the network is decentralized, it is less vulnerable to single points of failure or attacks, as the infrastructure is spread across many independent nodes.

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Solana’s high speed and low transaction costs enable io.net to efficiently manage and incentivize GPU crowdsourcing services at scale. The use of Solana's blockchain allows for transparent and rapid transactions which facilitates the smooth operation of the incentive system for both GPU suppliers and users.

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The moniker #OnlyPossibleOnSolana represents the unique features of the Solana blockchain that make io.net’s operations feasible in a decentralized, scalable, and cost-efficient way.

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Read a Solana Case Study on DePin here.

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Why is io.net #OnlyPossibleOnSolana?

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In io.net’s case, DePIN aggregates unused or underutilized GPU resources from contributors worldwide to build a powerful, decentralized computing infrastructure that AI developers can tap into.

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Access to io.net's network of GPUs is permissionless for developers and data scientists with no KYC (Know Your Customer) required.

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Solana is known for its incredibly fast transaction speeds, capable of processing up to 65,000 transactions per second (TPS). For io.net, this high throughput is critical because the platform needs to quickly and efficiently match GPU renters with GPU suppliers across a global network

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• One of Solana’s most significant advantages is its very low transaction fees, often just a fraction of a cent. io.net can operate at scale without the overhead of high transaction costs, enabling micro-transactions between users and suppliers.

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Engineers deploy clusters comprised of thousands of GPUs such as NVIDIA 4090s, A100s and H100s on-demand.

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Their ability to provide instantaneous, low-latency computing power at a significantly lower rates than trad competition gives it a tremendous edge over "Big Cloud".

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• This makes it much more economical for contributors to join the platform and get rewarded, while also keeping the cost of using io.net’s services much lower compared to traditional cloud computing solutions.

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Solana’s decentralized nature means there’s no single entity controlling the network, aligning perfectly with io.net’s goal of decentralizing access to physical GPU resources. By utilizing Solana, io.net ensures that its ecosystem remains secure, trustless, and distributed, providing a resilient infrastructure for all participants.

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What is io.net's $IO token?

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IO is the native Coin of the IOG Network which acts as the primary incentive token for three main groups of the ecosystem:

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• GPU Renters (also referred to as Users)
• GPU Owners (also referred to as Suppliers)
• IO Coin Holders (also referred to as Community)

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Note: 'IOG' stands for 'Internet of GPUs'

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There is a fixed maximum supply of 800 million $IO coins.

500 million $IO coins will be distributed when it launches.

300 million remaining coins will be emitted and paid to Suppliers and their Stakers as Rewards. This occurs every hour.

IO Tokenomics

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• Ticker: IO
• Circulating Supply: 500,000,000 (upon launch)
• Remaining Supply: 300,000,000*
• Total Supply: 800,000,000

*300,000,000 tokens will be paid to contributors as rewards for GPU supply and Staking.

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