io.net crypto network (IO)
io.net is a decentralized AI computing and cloud platform that allows computing power providers to contribute to the network and receive rewards in $IO tokens while allowing machine learning startups to consume those resources.
It is powered by the native $IO token, which acts as a main currency for payments within the network, rewarding node runners, providing users with access to the platform’s DAO, staking and delegating the tokens to NoOps.
Since its inception in 2022, the company has managed to raise an impressive $40M from top-tier funds including Delphi Ventures, Multicoin Capital, and others, while achieving a $296M valuation.
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