TL;DR
- Idea: Decentralized GPU compute network for AI workloads with demand-driven tokenomics
- Catalyst: Launch of the Incentive Dynamic Engine linking token burns to network revenue and announcement of an $8M enterprise contract
- Risks: Reliance on sustaining enterprise revenue, skepticism from past GPU spoofing incidents, leadership changes before token launch, and recent price underperformance
- Score: 7.00/ 10
Coin
- Name/ Ticker: io.net (IO)
- Segment: DePIN
- Status: active
- Price: $0.155700
Key Metrics
- Market Cap: $56 513 441
- FDV: $124 612 987
- Circulating Supply: 367 613 902
- Total Supply: 799 212 199
Sources
Technology
- USP: First decentralized GPU compute network with demand-driven tokenomic model (IDE) that ties token burns directly to real customer revenue
- Core Technology: Solana-based DePIN network aggregating underutilized GPUs and CPUs with a dynamic Incentive Dynamic Engine that adjusts token supply based on network revenue
Roadmap
- 2023-11-01: IO.net mainnet launch
- 2024-04-28: Major GPU spoofing attack detected
- 2025-12-11: IDE tokenomics redesign announced
- 2026-04-10: Implementation roadmap published
- 2026-06-11: Incentive Dynamic Engine goes live and first token burn executed
Team & Investors
Team
- CEO & CTO — Gaurav Sharma: Former CTO at Antbit
- Co-Founder/ COO — Basem Oubah:
- Co-Founder/ Chief Customer Officer — Saad Mohammed Alenezi:
- Co-Founder/ CEO — Tory Green:
- Chief Product Officer — Raj Karan:
- Chief Marketing Officer — Jack Collier:
- Chief Legal & Compliance Officer — Mark Roszak:
- Chief Experience Officer — Maher Jilani:
Investors
- Solana Ventures
- Multicoin Capital
- OKX Ventures
- Delphi Digital
- Animoca Brands
Total funding: $40.00M
Tokenomics
- Utility: Payments for GPU/CPU compute, staking for network security, governance, and buyback-and-burn programs
- Vesting: Team and investors have a 12 month cliff followed by monthly linear vesting over 24–36 months; community tokens partially unlocked at TGE
- Next Unlock: 2026-07-11 (1.70% of circulating)
Pros & Cons
Strengths
- Demand-driven tokenomics with revenue-linked burns reducing supply when network usage increases
- Largest decentralized GPU network with over 19,000 GPUs and 6,000 CPUs integrated
- Significant enterprise traction including an $8 million contract yielding stable USD payouts
- Backed by top-tier investors like Solana Ventures and Multicoin Capital
- Strong partnerships with Render Network and Filecoin for GPU supply integration
Weaknesses
- Dependent on sustained enterprise revenue; one major contract may not guarantee ongoing demand
- Past GPU spoofing attack raised concerns about true network utilization
- Token has underperformed market, declining -12.10% over the last 7 days
- Potential leadership instability following CEO changes shortly before token launch
- Competitive landscape with established centralized GPU providers and other DePIN projects
Market Signals (7d)
- CEX volume trend: -1.80%
Price Scenarios (target: 2027-01-02)
- Bear: $0.080000 — Assuming a 50% decline from current price reflecting conservative scenario under continued revenue uncertainty
- Base: $0.160000 — Assuming price stabilizes at current level based on steady network usage and linear growth
- Bull: $0.250000 — Assuming 60% upside driven by successful revenue-linked burns and new enterprise partnerships boosting demand
How to Buy & Store
CEX
- Binance
- MEXC
- Gate
- Aivora Exchange
- WhiteBIT
DEX
- Raydium
- Serum
- Orca
- Jupiter
- Solana DEX
Storage
- Phantom Wallet
- Solflare
- Ledger
- Trezor
- MathWallet
Verdict
io.net offers a compelling DePIN solution with innovative demand-driven tokenomics and strong enterprise traction, though reliance on few major deals and past network skepticism present risks. Overall, a promising infrastructure play for decentralized AI compute.
Official Links
Source: Coin Research (internal)
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