IO.NET (IO token) becomes the 55th project featured on Binance Launchpool

Binance declares the IO.NET (IO), a decentralized AI computing and cloud platform, because the fifty fifth mission on Binance Launchpool.

Customers will be capable to stake their BNB and FDUSD into separate swimming pools to farm IO tokens over 4 days, with farming ranging from 2024-06-07 00:00 (UTC). Binance will then listing IO at 2024-06-11 12:00 (UTC) and open buying and selling with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD and IO/TRY buying and selling pairs. The Seed Tag can be utilized to IO.

IO launchpool particulars:

• Token Identify: IO.NET (IO)
• Whole Token Provide at Genesis: 500,000,000 IO 
• Max Token Provide: 800,000,000 IO 
• Launchpool Token Rewards: 20,000,000 IO (4% of complete token provide at Genesis)
• Preliminary Circulating Provide: 95,000,000 IO (19% of complete token provide at Genesis)
• Good Contract Particulars: Solana
• Staking Phrases: KYC required 
• Hourly Laborious Cap per Consumer:
  • 17,708.33 IO in BNB pool
  • 3,125 IO in FDUSD pool

Supported Swimming pools: 

• Stake BNB (webpage can be accessible in round 5 hours): 17,000,000 IO in rewards (85%) 
• Stake FDUSD (webpage can be accessible in round 5 hours): 3,000,000 IO in rewards (15%)

Farming Interval: 2024-06-07 00:00 (UTC) to 2024-06-10 23:59 (UTC).

IO.NET is a DePIN mission constructed on the Solana platform with the aim of offering extra highly effective computing sources at decrease prices and quicker processing instances. The mission combines GPU sources and supplies computing energy for synthetic intelligence (AI) and machine studying (ML) enterprises.

IO.NET is designed as a brand new cloud system, supporting ML engineers to develop in a decentralized mannequin. In response to the just lately introduced tokenomic, the mission initially has 500 million IO tokens, which can enhance to 800 million over 20 years.

Fundamental details about IO token

• Token title: IO token
• Image: IO
• Blockchain: Io.internet
• Options: cost, service utilization, reward charges

Allocation

• Group: 50%
• Early Seed Traders: 12.5%
• Early Collection A Traders: 10.2%
• Core builders: 11.3%
• Ecosystem: 16%