What is the current price of io.net (IO)?

The current price of io.net (IO) is 1.0621416214256063 AUD, representing a -6.23 from the day prior.

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What is the daily trading volume of io.net (IO)?

The trading volume of io.net (IO) is 65.0M AUD in the last 24hrs, representing a -6.23 from the day prior.

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io.net (IO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of io.net (IO)?

The current market cap of io.net (IO) is 160.2M AUD.

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How many io.net (IO) are there?

The current circulating supply of io.net (IO) is 150.5M.

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Buy io.net (IO)

What is io.net (IO)?

io.net (IO) is a decentralised GPU cloud network that aggregates computing power from data centres, miners, and other sources. It provides scalable and cost-effective access to GPUs for machine learning (ML) and artificial intelligence (AI) applications, using blockchain technology to ensure secure and transparent transactions. By offering a decentralised alternative to traditional cloud computing, io.net aims to democratise high-performance computing.

How does io.net (IO) work?

io.net operates on its own blockchain, supporting decentralised computing applications. Key features include:

Hybrid consensus mechanism – Combines Proof of Work (PoW) and Proof of Stake (PoS) for security and efficiency.
Proof of AI (PoAI) development – A new consensus mechanism in collaboration with FLock.io.
Optimised GPU resource allocation – Uses advanced algorithms to distribute computing power efficiently.
Smart contracts for governance – Automates transactions, token rewards, and network operations.

With access to GPUs in 138+ countries, io.net enhances global AI and ML research by making high-performance computing more accessible and cost-effective.

What are the potential use cases for io.net (IO)?

io.net provides decentralised high-performance computing for various industries, including:

AI & Machine Learning – Training AI models at reduced costs compared to centralised cloud providers.
Scientific Research – Supporting data-intensive computations for research institutions.
Decentralised Data Processing – Enabling efficient, scalable computing power for multiple industries.

Notable partnerships include:

FLock.io – Working together to develop the Proof of AI (PoAI) consensus mechanism.

What is the history of io.net (IO)?

While details about the founding team remain undocumented, io.net has gained recognition for its decentralised computing approach. Key milestones include:

Launch of the io.net decentralised GPU network, providing computing power across 138+ countries.
Development of a hybrid PoW and PoS consensus mechanism to enhance scalability.
Collaboration with FLock.io to create the Proof of AI (PoAI) consensus model.

As a leader in decentralised AI-driven computing, io.net continues to expand its ecosystem, focusing on scalability, efficiency, and accessibility for global AI and ML applications.