i

io.net

IO
RootData List 2024

A decentralized AI compute network aggregating global GPUs

Performances

RD Popularity Index

4515.38% (24h)
0100200300400500
Project Rank: 357/15429

RD Growth Index

5290.27% (24h)
0400800120016002000
Project Rank: 415/15429
Comparison:
1h24h7d30d60d90d
1.59%8.30%2.78%12.06%31.76%19.95%

Comparison

Event Calendar

May 1, 2023
io.net raised $ 10 M in Seed round
Mar 5, 2024
io.net raised $ 30 M in Series A round
Jun 11, 2024
IO is live for trading
Jun 11, 2024
Mar 11, 2026
IO will unlock 14.14 million tokens, worth $1.5 million, accounting for 4.739% of the circulation.
Oct 11, 2026
IO will unlock 14.14 million tokens, worth $2.16 million, accounting for 3.447% of the circulation.

Tokenomics

Unlock Progress

Unlocked355M IO(44.45%)
Locked181M IO(22.74%)
Untracked300M IO(37.5%)

Based on CoinGecko data, Current Unlock Rate for IO: 51.28%

io.net released 500M tokens at launch and gradually emit 300M additional tokens over the next 20 years until reaching a cap of 800M tokens.

Unlock Event

DateUnlocked Token AmountUnlocked M.CapM.Cap (%)Allocation
Oct 11, 202614.14M IO$2.24M3.45%5 Allocation
Nov 11, 202614.14M IO$2.24M3.45%5 Allocation
Dec 11, 202614.14M IO$2.24M3.45%5 Allocation

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1
HHTXCEX
IO/USDT$0.1454$288$6,086$866,6515.92%
2IO/USDT$0.1449$75,619$97,141$564,5203.86%
3IO/USDT$0.1459$20,956$47,969$303,2242.07%
4IO/USDT$0.1459$1,068$827$260,1381.78%
5IO/USD$0.146$20,997$49,497$208,7671.43%
6IO/USDT$0.1449$38,208$32,327$185,6461.27%
7IO/KRW$0.1472$13,377$19,782$100,4600.69%
8IO/USD$0.147$3,881$910$21,2340.15%
9IO/BTC$0.1428$0$0$5,3270.04%
10IO/USDT$0.1499$0$0$00.00%

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About io.net

io.net is a decentralized GPU network that aggregates underutilized computing power from data centers, crypto miners, and individual devices across 130+ countries. Its core business is providing on-demand GPU clusters for AI training, inference, and fine-tuning at costs reportedly 70% lower than major cloud providers like AWS or GCP.

The main market pain point it addresses is the shortage and high cost of AI compute, especially for startups and researchers who cannot afford centralized cloud services. By tapping into idle GPUs globally, io.net offers a more affordable and flexible alternative, while also reducing reliance on a few dominant cloud providers.

In the past six months (Feb-Aug 2026), io.net has focused on stabilizing its token economy. It launched an Incentive Dynamic Engine (IDE) that algorithmically adjusts token emissions based on network demand and a dual-vault system, aiming to keep supplier payouts stable in dollar terms. The project was also named one of the top 5 decentralized AI compute networks to watch by CryptoDaily. No major negative incidents were reported during this period, though the broader challenge of maintaining network quality and security remains an ongoing operational concern.

Updated: Aug 31, 2026

io.net, as a decentralized GPU computing network, has key milestones including: the listing of its token IO on major exchanges such as Upbit and Coinbase, significantly enhancing liquidity and market recognition; the launch of the IO Intelligence platform, integrating 25 open-source AI models like DeepSeek, expanding from raw compute to an AI service layer; and the release of the demand-driven token economic model IDE, planned for implementation in Q2 2026, which addresses inflation through dynamic supply adjustments and burning mechanisms, laying a foundation for long-term stability. These nodes mark io.net's evolution from infrastructure toward an ecosystem-oriented and sustainable direction.

Updated: Aug 31, 2026

Tory Green (Co-founder): Chairperson of io.net Foundation (since Apr 2025), former CEO (Jun 2024-Apr 2025) and COO. Stanford economics graduate; ex-Tiller Partners, Hum Capital, Disney, and Merrill Lynch.

Ahmad Shadid (Founder): Former CEO, stepped down Jun 2024. Ex-quant systems engineer at WhalesTrader and Ethereum Foundation contributor.

Gaurav Sharma (CEO): Assumed CEO in Apr 2025, previously CTO. Ex-Binance VP of Engineering, with senior roles at Amazon and Agoda; ~20 years in distributed systems.

Tausif Ahmed (VP of Business Development): Former Amazon executive.

Updated: Aug 31, 2026