$IO
688K
dave.augenti@gmail.com
David Augenti
Team has an extensive resume of experience in the development in AI, Web 3 engineering and marketing. CTO worked at Amazon, Ebay, Binance and Agoda. SVP was also at Amazon and has a wealth of experience in advanced software development. CEO is an accomplished individual himself, who looks like he's more of an administrative powerhouse who worked at FOX, Disney and Merrill Lynch.
io.net is a decentralized physical infrastructure network (DePIN) that deploys and manages on-demand, decentralized GPU clusters from geo-distributed sources. Hundreds of thousands of GPUs are accessible today in IO Network, and this Internet of GPUs is specifically architected for low latency, high processing demand use cases like AI/ML ops and cloud gaming. io.net democratizes access to GPU compute capacity while reducing costs, expediting lead times, and expanding choice for engineers and businesses. Access compute capacity for a fraction of the cost or become a capacity supplier Additionally, IO.net's native cryptocurrency is used for transaction fees, staking, governance, and various DeFi applications within the ecosystem. (I know we're not big fans of Solana but this project caught my attention with the investors, decently experienced team and use case. I'd imagine this project will do well in the near future)
Circ Supply 95 Mil Total Supply 800 Mil Genesis Supply: 500 Mil and 300 Mil will be generated over the next 20 years every hour Burn Mech: revenue generated network fees are burned and are adjusted in accordance to the current price of $IO Allocation: Community 50%, R and D: 16%, Early Investors 22.70%, Core Investors 11.30%