As a seasoned crypto investor with a keen interest in decentralized infrastructure projects, I was thrilled to tune into the io.net keynote at this year’s IO Summit. Having followed the progress of this innovative DePIN (decentralized physical infrastructure network) since its early stages, I was eager to learn about their latest milestones and upcoming development plans.
Singapore, Singapore, June 4th, 2024, Chainwire
At the IO Summit held on June 4, io.net unveiled key updates about their decentralized physical infrastructure network during the main event. The gathering, which was accessible via live-stream, discussed recent achievements and outlined future growth strategies for the project.
As a crypto investor, I had the opportunity to tune in to the insightful keynote presentation led by Io.net CEO and Founder Ahmad Shadid and his esteemed team. The engaging 40-minute session was filled with valuable data and featured notable guests like Solana’s Anatoly Yakovenko and Aptos’ Dr. Avery Ching, adding even more depth to the discussion.
At the io.net keynote presentation, the community was informed about the significant advancements in the project’s fundraising initiatives. In the first quarter alone, a impressive $30 million was raised during a Series A investment round. Furthermore, the keynote provided insights into io.net’s current appraisal and recent milestones, such as increased user adoption.
As the CEO of io.net, I’m thrilled to reflect on our remarkable journey during the 2024 Keynote. We’ve made significant strides in expanding the internet of GPUs, launching io.net Cloud, and demonstrating the immense demand for a Decentralized Processing Infrastructure Network (DePIN) capable of functioning at scale. I’d like to express my deepest gratitude to our community for their unwavering support throughout this journey. We’re eager to reveal our technical roadmap, outlining io.net’s future direction and the pivotal role it will play in propelling AI innovation forward.
At the conclusion of the io.net keynote, the team unveiled information about the upcoming tools being designed specifically for their DePIN platform.
About io.net
Io.net functions as a decentralized network for physically distributed on-demand GPU clusters, referred to as a Decentralized Physical Infrastructure Network (DePIN). This network currently offers access to over hundred thousand GPUs spread across various geographic locations. The Internet of GPUs created by io.net is designed with low latency and high processing demands in mind, making it an ideal solution for applications such as AI/ML operations and cloud gaming. Io.net makes GPU compute capacity more accessible and affordable while cutting down costs, shortening lead times, and increasing options for both engineers and businesses. You can either utilize the available compute power at a fraction of the cost or become a supplier of computational resources within io.net.
Contact
Dan Edelstein
PR@marketacross.com
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
2024-06-05 01:09