io.net Price (IO)

Currency:
IO to BDT:
1 io.net equals ৳ 475.94 BDT+18.92%1D
Page last updated: 2024-12-11 21:33 (UTC+0)
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Price of IO today

The live price of io.net is ৳ 475.94 per (IO / BDT) with a current market cap of ৳ 59.79B BDT. 24-hour trading volume is ৳ 58.12B BDT. IO to BDT price is updated in real-time. io.net is +18.92% in the last 24 hours with a circulating supply of 125.63M.
IO Price History BDT
Date ComparisonAmount Change% Change
Today৳ 75.71+18.92%
30 Days৳ 157.97+49.68%
60 Days৳ 248.74+109.48%
90 Days৳ 272.85+134.35%

IO Market Information

24h Low & High
Low: ৳ 391.37
High: ৳ 504.73
The highest and lowest price paid for this asset in 24 hours.
All Time High
৳ 770.67
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
-0.98%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
+18.92%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
+16.22%
The percentage change in price for this asset compared to 7 days ago.

IO Market Information

Popularity
#175
Popularity is based on the relative market cap of assets.
Market Cap
৳ 59.79B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
৳ 58.12B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
125.63M
15.70%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
800.00M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
৳ 380.75B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2024-06-11

What Can You Do With io.net (IO)?

Explore how to use your cryptocurrencies with Binance.

About io.net (IO)

io.net is an AI processing platform that uses underutilized GPU resources to provide cost-effective, scalable computing power. It brings together GPUs from separate data centers, unused crypto-mining farms, and personal users. As a result, machine learning startups can get a lot of computing power at a cheaper price compared to usual cloud services according to the project.

io.net’s decentralized infrastructure comprises the IOG Network, a network of independently operated GPU nodes that provide permissionless access to computing resources on demand. The platform’s technology supports various AI and machine learning workflows, including batch inference, parallel training, hyperparameter tuning, and reinforcement learning.

io.net offerings includes:

  • O Cloud: A cloud platform facilitating the creation of scalable clusters on demand, utilizing the compute capacity of the IOG Network.

  • IO Worker: An intuitive web app enabling users to efficiently manage their GPU node operations.

  • O ID: A universal identity management system for the IO Ecosystem.

io.net has formed strategic partnerships to improve its ecosystem. Collaborations with companies like Aethir, Exabits, Hiveon, and Aurory aim to improve GPU accessibility and performance for various applications, including AI, gaming, and blockchain. Partnerships with Krea, Nibiru, Ritual, Space and Time, and Quai Network leverage io.net’s GPU network for real-time image generation, AI-powered dApps, zk-prover operations, and trustless data processing.

The native utility token of the platform IO is used for several things in the io.net ecosystem. Primarily it is the asset for buying and selling GPU computing power and also for deploying GPU clusters. Additionally, the token can be staked to improve network security and to earn rewards at the same time. Token holders can also participate in governance decision making and vote on proposals affecting the platform. The live price of IO is updated in real time on Binance.

People Also Ask: Other Questions About io.net (IO)

  1. What is io.net (IO) Used For?

    IO is the principal token of io.net employed for making payments and transaction fees within the ecosystem, notably for purchasing or supplying underutilized GPU computational power and deploying GPU clusters. In addition, IO tokens can be staked, allowing users to participate in network security and earn rewards from unused GPUs by either staking with a chosen node or operating on their own node by staking more tokens. Additionally, holders of IO tokens possess governance privileges, allowing them to engage in the decision-making procedures of the Internet of GPUs Foundation through the IO Grants DAO. They have the ability to suggest, cast votes, and execute grant proposals, thereby impacting the distribution of funds and the strategic trajectory of the foundation.

  2. How Do Network Consensus and Validation Work On io.net (IO)?

    io.net operates on the Solana network, which utilizes a combination of Proof of History (PoH) and Proof of Stake (PoS) for consensus and validation. Users on io.net can stake their IO tokens to participate in network security, delegating their tokens to validators who process transactions and maintain the blockchain.

  3. Who Is The Founder Of io.net (IO)?

    The company was founded by Ahmad Shadid in 2019.

  4. What is the Maximum and Circulating Token Supply of io.net (IO)?

    As of June 6th, 2024, the maximum fixed token supply is 800,000,000 tokens, with a genesis supply of 500,000,000 tokens at Token Generation Event (TGE). Upon listing, the circulating supply will be 95,000,000 tokens, representing 19.00% of the genesis token supply.

  5. What Makes io.net (IO) Different From Others?

    IO.net (IO) aims to distinguish itself from other projects by focusing on aggregating GPU resources from underutilized sources, such as idle crypto mining farms and independent data centers, to offer significantly lower costs for AI and ML computing. It leverages the Solana blockchain, ensuring all transactions and computations are visible on-chain. Additionally, IO.net integrates multiple functionalities, including a decentralized cloud platform (O Cloud), a user-friendly GPU node management interface (IO Worker), and universal identity management (O ID), making it a comprehensive solution for scalable and affordable AI computing​.

  6. How To Buy IO?

    IO can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live IO price is updated in real time on Binance. For additional instructions and information, users can read our How to buy io.net (IO) Guide.

  7. How Much Will io.net (IO) Be Worth in Future?

    Check out our IO Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

IO to Local Currency

FiatPriceOperation
1 IO to TRY$ 3.982431
1 IO to RUB$ 3.982431
1 IO to EUR$ 3.982431
1 IO to AED$ 3.982431
1 IO to AUD$ 3.982431
1 IO to BRL$ 3.982431
1 IO to VND$ 3.982431
1 IO to IDR$ 3.982431
Last updated 2024/12/11 09:33 (UTC)

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