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io.net is a decentralized marketplace for computing power and storage for machine learning (ML) startups. It allows users to contribute their computing resources to earn rewards in $IO tokens while enabling ML startups to use this comupting power.
$IO is a utility and governance token of the io.net crypto network, which is used for pating fees for utilizing the network, rewarding NoOps, staking, delegating and granting access to the votings withing the platform.
On June 5th, 2024, the project announced IEO and the listing of its native token on Binancem allocating over $2.5 of the total supply for sale.
CoinLaunch Score:
Last update:
Very Low
08 Jun 2024
io.net crypto network - IEO on Binance Overview
start date:
07 Jun 2024
end date:
11 Jun 2024
price:
$0.3695
tokens for sale:
20,000,000
Raise:
N/A
Min. Buy:
N/A
Max. Buy:
N/A
Industry:
Blockchain Infrastructure
Lock-up:
Launchpad
100% unlocked
Binance Launchpad
How to join io.net crypto network - IEO on Binance?
To participate in the $IO IEO on Binance, sign up or log in to your existing Binance account and complete KYC verification if you haven't done so yet. Then, acquire any amount of either $FDUSD or $BNB tokens on your spot balance and proceed to the Binance launchpad page. There, pick either the $FDUSD or $BNB staking pool and contribute your $BNB tokens.
❗️Important: If you are already staking $BNB on Binance with the $BNB Vault or $BNB locked products, you don't need to unstake your tokens. You are automatically eligible for the IEO.
Beginning from 7th June, 2024, you will be receiving $IO tokens on an hourly basis. The rewards from staking are based on your share in $FDUSD and $BNB pools. The total rewards for $BNB and $FDUSD staking pools are:
- 17,000,000 $IO for BNB staking pool (85%);
- 3,000,000 $IO for $FDUSD staking pool (15%).
Once the listing $IO token occurs, on 7th June, 2024 at 00:00 UTC, your tokens will become fully liquid and tradable on the Binance exchange.
Step-by-step Guide
Log in or create an account on Binance;
Complete KYC verification on Binance;
Acquire some FDUSD or BNB;
Proceed to the Binance launchpad page;
Stake either $BNB or $FDUSD;
Wait for the end of the farming period;
Get your tokens.
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