Binance Lists IO.NET (IO) Token on Launchpool, Sparks Interest in Decentralized AI

• Binance announces IO.NET as its 55th Launchpool project, offering AI computing power.
• IO.NET partners with Aptos to create a safer, faster blockchain for AI applications.
• IO.NET aims to democratize AI compute power, offering scalable GPU access via decentralized cloud computing.

Binance launched its latest Launchpool project, IO.NET (IO), a decentralized AI computing and cloud platform. This marks the 55th project on Binance Launchpool, enabling users to farm IO tokens by staking BNB and FDUSD.

Binance will list IO tokens with an initial circulating supply of 95 million IO, comprising 19% of the total initial token supply. The total token supply at genesis stands at 500 million IO, with a maximum token supply of 800 million IO. Users can stake their BNB and FDUSD in separate pools to earn IO tokens. With 17 million IO tokens allocated to the BNB pool and 3 million IO tokens allocated to the FDUSD pool, the farming period will run from June 7 to June 10, 2024.

Ahmed, the CEO of ION, announced that IO.NET aims to revolutionize the AI computing industry with the introduction of the Internet of GPUs (IOG), the world’s largest AI compute network. This network i…

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