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Buy Io.net (IO)

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Buyers 80.4%

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About Io.net (IO)

Io.net (IO) is a decentralised computing platform designed to harness GPU resources for artificial intelligence (AI) and machine learning (ML) applications.

The platform essentially works as a GPU marketplace, offering scalable on-demand computational resources for AI and ML tasks, allowing developers and organisations to access high-performance computing without relying on centralised providers. 

The IO token, built on the Solana blockchain, is the native currency of the Io.net ecosystem. It serves multiple purposes within the ecosystem, such as being the unit of exchange for GPU resources or providing network incentives by rewarding contributors who lend their computational power to the platform. The token also grants voting rights, allowing holders to participate in community governance. 

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‘Swyftx’ is a brand of Swyftx Pty Ltd (ABN 72 623 556 730, AFSL 568543). Swyftx’s spot cryptocurrency exchange services are not provided under Swyftx’s AFSL and are not issued, arranged, distributed or authorised by Eightcap Pty Ltd (ABN 73 139 495 944, AFSL 391441) (Eightcap), Web3 Loans Pty Ltd (ABN 48 668 516 952) or Web3 Ventures Pty Ltd trading as Block Earner (ABN 63 655 090 869, ACL 551024) (Block Earner). Derivative products are issued by Eightcap and distributed by Swyftx. Credit products are provided by Block Earner. Swyftx is an authorised credit representative of Block Earner (Credit Representative No 579667). 

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