Original author: @Rocky_Bitcoin
Original source: X
Note: The original article is from @Rocky_Bitcoin release long tweet.
#Depin是区块链与物理世界的桥梁 is arguably one of the most important areas of crypto investment now and in the next decade. @ionet is undoubtedly the best of them. The project has crossed the #AI+#Depin+#Solana概念 and almost stepped on all the hot spots! In March, it completed a $30 million Series A financing, with investment institutions including Hack VC, Multicoin, etc., which is quite luxurious!
Nowadays, more and more enterprises and consumers are embracing AI, but the bottleneck of computing power is becoming more and more difficult to ignore. The computing power required for AI systems doubles every few months, and the supply of computing resources is stretched. In addition, the cost of training large-scale AI models continues to soar, increasing by about 3,100% per year over the past decade!http://Stability.AI The cost of running GPUs on AWS alone is more than $50 million a month.
The high cost of computing power has caused a huge obstacle to the development of AI, and there is an urgent need for an affordable and on-demand computing power platform, which can only be done with the help of blockchain technology. http://io.net is such a project, which uses a decentralized way to realize the sharing economy of GPUs, the supplier provides idle computing power through it, and the demand side meets the needs of machine learning through it, and the matching of supply and demand is timely, affordable, and permissionless!
The architecture of the http://io.net includes the underlying IO network, IO engine, IOG, and IO element. IO network is a decentralized GPU network that uses a mesh VPN architecture to provide ultra-low latency communication between nodes and ensure high efficiency of GPU resource sharing and processing. The IO engine is a programmable computing layer built on the IO network, and together these elements form a complete ecosystem dedicated to providing AI computing solutions.
@ionet is positioned not only to compete with the rest of the web3 AI projects, but also to replace the traditional cloud platform.
-Low cost and high efficiency: It can achieve 90% cheaper service cost and complete deployment in seconds;
- Support large-scale scheduling: It can support 500,000 GPU clusters, which is more than the number of centralized scheduling that AWS or GCP can do.
- Great potential for the future: In the future, AI models will be hosted, similar to Bittensor.
At present, http://io.net aggregates GPUs from RNDR, FIL and their own networks, and the number of GPUs running on its own network alone exceeds 400,000, and the number of CPUs exceeds 43,000, of which more than half of the GPUs are active.
Let's talk about IO's team: Founder and CEO Ahmad Shadid has extensive experience in the field of data science.COO Tory Green has more than 20 years of experience in venture capital and executive management. Prior to joining IO, CSO & CMO Garrison Y. was the principal principal of Growth & Strategy at Ava Labs, the leading developer of the Avalanche blockchain.
Let's talk about IO's financing background It received $30 million in Series A financing on March 5 this year, with a valuation of $1 billion! The leading institution is Hack VC, which includes Multicoin Capital, Solana Ventures and OKX Ventures, etc., and the lineup is quite luxurious! Among institutional investors:
-Hack VC: Has a track record of more than 100 investments and has invested in many successful projects such as Consensys, Sui, and Helium
- OKX Ventures: is an investment arm of OKX
- Multicoin Capital: The most successful crypto investment institution with a crypto hedge fund that has returned 9,281% since its launch in 2017
-Solana Ventures:Solana的投资平台
Among individual investors:
-Anatoly Yakovenko:Solana联创兼CEO
-Sebastien Borget: Sandbox联创兼COO
-Yat Siu: Animoca联创兼执行主席
At present, @ionet announced plans to launch IO tokens within two or three weeks after the Bitcoin halving, and there are currently two main ways to obtain air-investment qualifications: -Galxe activities: The tasks mainly include following and retweeting Twitter, joining the community, etc., among which the time-consuming is the Discord task, which needs to get different Tier roles in the official Discord group, and you can increase your activity by participating in AMAs and speaking every Wednesday and posting meme pictures. Portal: https://app.galxe.com/quest/io.net/GCD5ot4oXP...
- Testnet mining: Deploy the machine according to the graphics and video tutorials on the official website, you need to download docker first, and then install the node.
It should be noted that in order to avoid the situation of disconnection as much as possible, it is recommended to use a VPN global proxy, and first find a ladder that can run stably.
Official Deployment Tutorial: https://developers.io.net/docs/installing-on-windows...
Summary: @ionet can effectively solve the computing bottleneck in the context of the rapid development of AI, and provide cheaper, more efficient and customized services for the artificial intelligence market than traditional cloud computing companies.It raised $30 million from major well-known investment institutions at a valuation of one billion US dollars.The strong technical advantages and financing background mean that it will become a new star that cannot be ignored by #Depin.Let us look forward to its products facing the world and reconstructing a new paradigm of GPU resource utilization!