As an analyst with a background in blockchain technology and cryptocurrency markets, I’m thrilled to see Binance’s latest announcement regarding the launch of IO.NET (IO) on their Launchpool platform. This decentralized AI and cloud computing project holds significant potential to revolutionize these sectors by offering efficient and accessible decentralized solutions.
Exciting news from Binance! The cryptocurrency exchange is set to debut its 55th project on Binance Launchpool: IO.NET (IO). IO is an innovative, decentralized AI and cloud computing platform that aims to disrupt the industries of artificial intelligence and cloud services by providing effective and inclusive decentralized alternatives.
As a researcher, I can share that starting June 11 at noon (UTC), I will be able to find the IO token listed on Binance for trading. This is an significant achievement for IO.NET and highlights Binance’s dedication towards fostering innovative projects in the crypto sphere.
Ionet (IO), the 55th project on Binance Launchpool and a Decentralized AI computing & Cloud Platform, was announced by Binance. To earn IO tokens, users can stake their BNB and FDUSD in separate pools during a four-day farming period. Afterward, Binance will list IO for trading on June 11, 2024, at 12:00 (UTC).— Wu Blockchain (@WuBlockchain) June 6, 2024
Beginning June 7, at midnight UTC, Binance users are able to deposit their BNB and FDUSD into distinct pools for the purpose of harvesting IO tokens throughout a four-day farming duration. This farming window grants users priority access to IO tokens and motivates them to engage with the IO.NET platform.
As a researcher, I can share that you’ll find comprehensive guidelines and schedules for our mining operations on our website within five hours following the official announcement. Our platform, IO.NET, begins with a starting supply of 500 million IO tokens, which can expand to a maximum of 800 million. To begin with, only 95 million IO tokens, equivalent to 19% of the total, will be in circulation.
Approximately 20 million IO tokens are up for grabs during the mining process, representing 4% of the overall supply. The hourly mining quotas stand at 17,708.33 IO tokens for the BNB pool and 3,125 IO tokens for the FDUSD pool. The BNB pool is authorized to mine a grand total of approximately 17 million IO tokens (85%), while the FDUSD pool can mine around 3 million IO tokens (15%).
Amid the buzz around IO.NET, Binance Coin (BNB) has surged past $700, hitting an all-time high.
As a crypto investor, I’m excited to share that BNB is currently trading at $707.89 with a robust 24-hour trading volume of $2.75 billion. Although it experienced a modest 1.48% rise in the last day, BNB has impressively gained 19.74% over the past week. With a circulating supply of 150 million BNB coins, this digital asset now boasts a substantial market cap of $104.06 billion. This significant figure underscores Binance’s ever-growing market strength and increasing user confidence in the platform.
Read More
- BODEN PREDICTION. BODEN cryptocurrency
- GHST PREDICTION. GHST cryptocurrency
- BETA PREDICTION. BETA cryptocurrency
- STRD PREDICTION. STRD cryptocurrency
- Mango Markets Exploiter Found Guilty Of Fraud And Manipulation
- GBP EUR PREDICTION
- MATIC PREDICTION. MATIC cryptocurrency
- LOOKS PREDICTION. LOOKS cryptocurrency
- BRN/USD
- TNSR PREDICTION. TNSR cryptocurrency
2024-06-06 13:40