Io.net (IO) is a groundbreaking decentralized AI computing and cloud platform aiming to provide globally accessible, affordable, and flexible GPU computing power. This initiative is designed to address the soaring demand for GPU resources fueled by advancements in artificial intelligence.
Project Mission & Value Proposition
Mission:
Io.net's mission is to create a decentralized cloud computing network that democratizes access to GPU power. By leveraging underutilized GPUs from independent data centers and idle crypto mining farms, Io.net offers compute power at costs up to 90% lower than those of centralized providers. This approach not only makes GPU power more accessible but also optimizes the utilization of existing resources.
Technical Infrastructure
Io.net’s infrastructure supports several core functionalities essential for AI and machine learning operations:
- Batch Inference and Model Serving:
Parallelize tasks across a distributed GPU network, enhancing speed and scalability. - Parallel Training:
Utilizes distributed computing libraries to orchestrate and batch-train jobs across multiple devices, improving training efficiency. - Parallel Hyperparameter Tuning:
Optimizes hyperparameter tuning experiments with advanced scheduling and checkpointing for better efficiency and results. - Reinforcement Learning:
Supports highly distributed RL workloads through an open-source RL library, simplifying the development and deployment of complex models.
Tokenomics
Token Distribution:
- Genesis Token Supply Allocation (500MM Tokens):
- Private Sales: 36.24%
- Public Launch: 19.00%
- Team & Advisors: 15.76%
- Ecosystem & Treasury: 29.00%
- Maximum Token Supply Allocation (800MM Tokens):
- Private Sales: 22.65%
- Public Launch: 11.88%
- Team & Advisors: 10.50%
- Ecosystem & Treasury: 55.00%
The token release schedule ensures a steady and controlled distribution of tokens, promoting long-term stability and growth within the Io.net ecosystem.
Token Utility and Use Cases
- Payment Currency:
IO tokens are used for payments and transaction fees within the Io.net ecosystem, facilitating the purchase and supply of GPU computing power and the deployment of GPU clusters. - Staking:
Users can stake IO tokens to participate in network security and earn rewards, either through delegate staking or by operating a node. - Governance:
IO token holders can influence the allocation of funds and strategic direction of the Internet of GPUs Foundation through the IO Grants DAO.
Io.net Ecosystem Components
- Io.net:
The development company maintaining the IOG Network and building products and services on it. - O Cloud:
A platform for virtualizing scalable GPU clusters on demand. - IO Worker:
A web app for managing GPU node operations. - O ID:
Universal identity management for the IO ecosystem. - IOG Network:
A decentralized network of independently operated, geo-distributed hardware nodes providing on-demand compute power. - IOG Framework:
An open-source SDK enabling developers to deploy products and services on the Internet of GPUs.
Summary
Io.net is set to revolutionize decentralized cloud computing by providing cost-effective, scalable, and accessible GPU power. By aggregating underutilized GPUs, Io.net offers a viable solution to the growing demand for AI and machine learning resources. Its innovative approach, combined with strong financial backing and strategic partnerships, positions Io.net for significant future growth and impact in the decentralized computing landscape.
Website and Social Media
Website: https://io.net/
Social Media: https://twitter.com/ionet
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