TL;DR
- Idea: Decentralized GPU network enabling users to monetize idle GPU capacity for AI workloads
- Catalyst: Growing demand for AI infrastructure and recent Series A funding with network upgrades
- Risks: High competition from centralized cloud providers, token volatility, and adoption uncertainties
- Score: 7.00/ 10
Coin
- Name/ Ticker: io.net (IO)
- Segment: AI Compute DePIN
- Status: active
- Price: $0.178400
Key Metrics
- Market Cap: $44 631 475
- FDV: $137 348 401
- Circulating Supply: 249 970 047
- Total Supply: 799 998 053
Sources
Technology
- USP: Decentralized platform that provides AI compute power by monetizing idle GPU capacity
- Core Technology: Custom DePIN consensus layer on Solana, GPU workload orchestration, incentive distribution engine
Roadmap
- 2024-03-05: Series A funding round
- 2024-06-25: Token launch on Binance Launchpad
- 2025-12-11: Incentive Distribution Engine launch
Team & Investors
Team
- Founder & CEO β Ahmad Shadid: Former quantitative systems engineer at ArabFolio Capital and WhalesTrader
- CSO & CMO β Garrison Yang: Former VP of Growth at Ava Labs
- COO β Tory Green: Former COO at Hum Capital and Tiller Partners
Investors
- Hack VC β Series A β’ 2024-03-05
- Solana Labs β Series A β’ 2024-03-05
- OKX Ventures β Series A β’ 2024-03-05
- Multicoin Capital β Series A β’ 2024-03-05
- Animoca Brands β Series A β’ 2024-03-05
Total funding: $30.00M
Tokenomics
- Utility: Payment for compute services and staking for network governance
- Next Unlock: (0.00% of circulating)
Pros & Cons
Strengths
- Strong backing from major crypto and AI investors
- Unique DePIN model for GPU compute orchestration
- Early mover in decentralized AI infrastructure
- Integration with Solana ecosystem for high throughput
- Incentive Distribution Engine to align stakeholder incentives
Weaknesses
- Competition from centralized cloud providers like AWS and GCP
- Network adoption and GPU provider onboarding risks
- Token price volatility and market sentiment dependence
- Limited geographic distribution of GPU nodes
- Regulatory uncertainties around DePIN protocols
Market Signals (7d)
- CEX volume trend: increasing
- Active addresses trend: increasing
Price Scenarios (target: 2026-06-15)
- Bear: $0.050000 β Projection based on market downturn to 25th percentile of price history
- Base: $0.180000 β Linear extrapolation of recent price trend
- Bull: $0.350000 β Extrapolation of growth rate from network usage and incentive engine metrics
How to Buy & Store
CEX
- OKX
- Coinbase Exchange
- Binance
- KuCoin
- Gate.io
DEX
- Raydium
- Serum
- Orca
- Jupiter
- Astar
Storage
- MetaMask
- Phantom
- Sollet
- Ledger
- Trezor
Verdict
IO.net presents a compelling DePIN solution for AI compute with strong investor backing and clear technical differentiation, but faces significant competition and adoption challenges.
Official Links
Source: Coin Research (internal)
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