io.net (IO) crypto asset is now listed on INDODAX on the Solana network.

Interested in io.net (IO) and how to buy it? Learn more before investing by reading below!

About io.net (IO) 

Io.net is a decentralized computing network designed to provide affordable and efficient cloud computing resources for machine learning and AI applications. Io.net aggregates GPUs from various sources like data centers, crypto miners, and decentralized storage providers to form a decentralized computing network that can offer cost-efficient GPU computing power for Artificial Intelligence or Machine Learning teams. In other words, io.net is the “Robin Hood” of computing resources, redistributing unused power to those in need.

For more information, visit the official website of io.net (IO) at https://io.net/

Challenges, Opportunities, and Utilities

Io.net aims to solve two main problems in the field of decentralized computing. First, io.net strives to make use of unused computing resources that would otherwise go to waste. Io.net aggregates GPUs from various sources like data centers, crypto miners, and decentralized storage providers to utilize GPUs that still have capacity but remain unused. Secondly, io.net tries to solve the issue of expensive cloud computing costs by pooling these unused resources and offering them at a more affordable price for Artificial Intelligence or Machine Learning teams. In other words, io.net aims to put otherwise wasted computing resources to good use and provide more affordable access to cloud computing power.

IO differentiates itself from other protocols in a few different ways. 

• Able to offer GPU computing power at much lower costs compared to traditional cloud providers by pooling unused resources. 
• Uses blockchain technology to securely, transparently manage the decentralized network and make it easier for AI/ML teams to access the computing power needed. 
• Pooling GPU resources from various sources like data centers, crypto miners, and decentralized storage providers to form a powerful decentralized computing network. 
• Offers GPU computing power at significantly lower costs than traditional cloud providers. 
• Increases availability and efficiency of computing resources through the use of blockchain technology.

Some utilities of IO tokens : 

• Used as a means of payment for renting computing power and services on io.net. 
• Used as the official transaction currency on the io.net network ($IO token). 
• Used as a tool to provide incentives to resource providers through $IOSD tokens. 
• Used as the key to access decentralized computing resources on io.net. 
• Used as the medium of exchange that drives the io.net economic ecosystem between users and providers. 
• Used as an incentive to encourage greater participation on io.net. 
• Used as a supporter of scalability on the io.net network in line with growing demand.

Investor of io.net (IO) 

With fundraising of $30,000,000.00, IO is backed by investors and venture capitals such as Multicoin Capital, OKX Ventures, Solana Ventures

Crypto Asset Ranking Information

As of August 12, 2024, the CoinMarketCap ranking of io.net (IO)  is #255, with a market cap of USD 142,922,452. It has a circulating supply of 95,000,000 IO and a maximum supply of 800,000,000 IO.

How to Buy io.net (IO) on INDODAX 

Now that you’ve discovered more about io.net (IO) , you can start investing in io.net (IO)  easily and securely on INDODAX. 

You can access INDODAX via the INDODAX Mobile App, which can be downloaded from the App Store or Google Play Store, or by visiting the INDODAX website.

To buy io.net (IO)  crypto asset on INDODAX, follow the steps below:

1. Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
2. Then, deposit by reading how to make a deposit below
3. After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
4. Search for IO in the IDR market, and click to visit the crypto asset page
5. On the crypto asset page, enter the balance and desired IO purchase price, or buy instantly at the current price
6. Next, you should wait for the price to increase for some time
7. Once the price increases, your assets can be sold at a higher price with the Instant method
8. If you use the Limit method to sell, make sure to place a sell order after purchasing the asset and enter a higher sell number

INDODAX also offers other features than trading, such as INDODAX Earn which allows you to lock crypto assets and earn interest rewards, and INDODAX OTC for large crypto transactions in a more personalized and secure way.

Let’s invest in io.net (IO) on INDODAX now!