Io.net is a blockchain-powered network that aggregates unused computing power from various sources to provide a cost-effective solution for AI/ML tasks. Launched in November 2021, it has grown to over 25,000 nodes, offering users access to a vast pool of GPUs for tasks like training, inference, and hyperparameter tuning.

Designed as a new-generation cloud system, Io.net aims to empower ML engineers with a more affordable and decentralized alternative to traditional cloud services. The network utilizes the Solana blockchain for transparent record-keeping and utilizes a dual token system for rewarding network participants.

Io.net's potential lies in its ability to address the surging demand for AI computing power while offering a cost-effective and user-friendly platform for developers. With its recent funding success and upcoming market launch on a Tier1 CEX like Bitget, Io.net is an emerging player to watch in the decentralized AI computing space.