#io latest information
According to the latest announcement of io.net official discord #IO , the business model is about to transform. The graphics card/CPU supply model is gradually changing from the original distributed, low stability requirements, and everyone can participate in the model to a centralized model with high requirements for network and equipment stability, which is more suitable for large-scale IDC computer room participation.
Combined with the previous customer model transformation, the IO network is currently moving from web3.0 to web2.0. This seemingly "reverse" upgrade is actually of great help to the stability of the IO network, thereby further promoting the demand for IO
I personally think that this shift can be regarded as a positive, and it can be bullish in the short term. In the long term, the selling pressure of more than 2 million per month is still a bit stressful. If the demand of the IO network still does not increase effectively after completing the business model shift, it can be appropriately bearish