io.net

In the fourth quarter of 2024, io.net experienced remarkable growth, with revenue surging by 565% quarter-over-quarter, reaching an all-time high of $3.1 million. This significant increase was driven by three consecutive months of record-breaking monthly revenue, which also contributed to an annualized revenue rate of $12.5 million. Additionally, the market capitalization of IO, the native token of io.net, doubled from $187.3 million in Q3 to $375.6 million in Q4, reflecting a 48% increase in token price and a 36% rise in circulating supply. Despite a decrease in the daily median number of verified GPUs and CPUs, io.net maintained a robust operational framework, averaging 7,600 verified GPUs and 1,200 CPUs per day. The decentralized network of io.net, designed to provide scalable and efficient access to compute resources, has also formed 13 new partnerships aimed at leveraging its infrastructure for various applications, including AI agents and identity management solutions. Notably, io.net's collaboration with Dell Technologies integrates its decentralized GPU compute network with Dell's hardware, enhancing the capabilities for enterprises needing scalable GPU clusters for complex workloads. Furthermore, partnerships with organizations like Zerebro and OpenLedgerHQ showcase io.net's commitment to enhancing Ethereum validator operations and combining blockchain-secured datasets with decentralized compute resources, respectively. Looking ahead, io.net's emission schedule for the IO token projects the distribution of 9.3 million IO to GPU and CPU workers in the first quarter of 2025, with an average of 103,000 IO emitted daily. The network's stringent hardware requirements and hourly Proof-of-Work verification process ensure the authenticity and performance of its decentralized compute resources. As io.net continues to expand its partnerships and enhance its infrastructure, it solidifies its position as a leading platform in the decentralized computing landscape, catering to the growing demands of AI and machine learning applications.

io.net, a prominent player in the Decentralized Physical Infrastructure Networks (DePIN) sector, has launched its Co-Staking Marketplace, a transformative feature that allows $IO token holders to share in staking rewards without needing to own physical hardware. This innovative platform connects hardware suppliers with token holders, enabling both parties to participate in the network's validation process. By democratizing access to staking, the Co-Staking Marketplace responds to community demands for more inclusive participation methods, allowing users to contribute to the staking requirements of high-performance devices like H100 GPUs. The Co-Staking Marketplace allows suppliers to list their devices once they are fully operational and staked, specifying the amount of $IO required and the percentage of block rewards they are willing to share. This flexibility enables co-stakers to browse offers based on device model, reliability scores, and projected earnings, making it easier for them to find opportunities that align with their investment strategies. This system not only reduces the financial burden on suppliers but also opens up staking opportunities for a broader segment of the io.net community, allowing them to earn rewards without the complexities of hardware management. In conjunction with the Co-Staking Marketplace, io.net has introduced the Explorer Staking Dashboard, a centralized hub for users to track their staking activities in real-time. This dashboard provides insights into earnings, historical trends, and live data, fostering a transparent staking environment. Additionally, io.net has implemented clear guidelines for both suppliers and token holders to ensure a smooth experience. However, with these new opportunities come responsibilities, as a slashing mechanism is in place to maintain network integrity, penalizing devices that fail to meet performance standards. Overall, the launch of Co-Staking represents a significant advancement in decentralized computing, promoting a more inclusive and efficient ecosystem for all participants.

io.net, a leading decentralized physical infrastructure network (DePIN) protocol, has recently achieved Service Organization Control 2 (SOC 2) compliance, marking a significant milestone in its commitment to security and operational transparency. This certification indicates that io.net has undergone rigorous audits to ensure its systems are secure and that it adheres to high standards of data integrity. Gaurav Sharma, the technology chief of io.net, emphasized that this achievement not only benefits all users but is particularly appealing to enterprises that require partnerships with organizations maintaining top-tier data protection standards. Achieving SOC 2 compliance is often regarded as the gold standard in data security, providing io.net with a competitive edge in the market. The certification validates the protocol's robust security controls and standardized processes, which are crucial for defending against potential exploits and breaches. With a vision of offering decentralized GPU compute solutions, this certification lays a solid foundation for the protocol's future growth and expansion, allowing it to operate on a global scale while competing with industry-leading security standards. The DePIN sector, valued at approximately $27.9 billion, has seen significant trading activity, with io.net's native token, IO, ranking among the top 20 protocols in this space. With a market cap of $389 million, IO has demonstrated resilience and growth potential despite recent market fluctuations. Furthermore, io.net's collaborations with AI protocols, such as Injective and Alpha Network, aim to explore the intersection of blockchain and AI, positioning the protocol for potential leadership in the DePIN market in the near future.

In a significant move for the decentralized finance (DeFi) and artificial intelligence (AI) sectors, io.net and Injective have announced a partnership aimed at enhancing decentralized computing capabilities on the Injective network. This collaboration, revealed in a blog post on January 14, 2025, will see io.net expand its decentralized GPU compute network to support DeFAI developers on the Injective platform. The integration is now live, marking a pivotal step in the evolution of decentralized physical infrastructure networks, which currently represent a market valued at approximately $32 billion. io.net stands out as a leading project in the decentralized infrastructure space, boasting a market capitalization of $393 million as of January 14, 2025. Other notable players in this sector include Render, Filecoin, Theta Network, and The Graph. Meanwhile, the AI Agents and AI market caps are reported at $13 billion and $44 billion, respectively. Injective itself, incubated by Binance and supported by prominent venture capital firms such as Jump Crypto and Pantera Capital, has a market cap of $2.03 billion, positioning it as a key player in the blockchain landscape for DeFi, real-world assets, and AI. The partnership between io.net and Injective is set to empower developers by providing access to advanced tools through Injective’s iAgent framework and io.net’s decentralized GPU network. This initiative follows a previous collaboration between Injective and Aethir in December 2024, which introduced tokenized GPU compute resource allocation. By converting GPU resources into tradeable tokens on the Injective platform, developers, researchers, and businesses can now access computational resources more flexibly and cost-effectively, thereby fostering innovation within the AI ecosystem and the broader web3 space.

The DePIN project io.net has recently announced a strategic partnership with Alpha Network aimed at enhancing the development and deployment of artificial intelligence (AI) and Web3 decentralized applications (dApps). This collaboration seeks to create a secure and private environment for AI applications, allowing developers to build powerful, privacy-focused decentralized solutions. By integrating Alpha Network's advanced data privacy technology with io.net's decentralized GPU infrastructure, the partnership is set to empower developers to create AI-driven dApps with improved privacy and security features, which are crucial for the wider adoption of Web3 technologies. The technological integration between io.net and Alpha Network is expected to facilitate the scalable and cost-effective operation of AI applications. By utilizing io.net's decentralized GPU resources, developers will have access to the necessary computing power without the constraints of centralized servers. Additionally, Alpha Network's data privacy capabilities will ensure that user data remains secure, addressing a critical concern in today's digital landscape. This partnership is particularly significant as the demand for AI and Web3 applications continues to grow, highlighting the need for solutions that prioritize both security and efficiency in application development. This collaboration not only underscores the increasing convergence of AI, blockchain, and data privacy but also sets the stage for the development of more powerful, secure, and user-centric dApps. As the decentralized ecosystem evolves, partnerships like this could lead to innovations that are more secure and privacy-focused, ultimately paving the way for broader adoption of decentralized technologies. The success of this partnership could have profound implications for the Web3 and AI industries, potentially shaping the future landscape of decentralized applications and their integration into everyday digital experiences.

ArkStream Capital has recently completed a significant Series A investment in IO.Net, raising a total of $30 million. This funding round was led by Hack VC and included participation from over 20 prominent venture capitalists and angel investors from both domestic and international markets. This investment marks a strategic move by ArkStream Capital into the realms of artificial intelligence (AI) and decentralized infrastructure (DePIN), reflecting a strong belief that AI will be at the forefront of innovation in the current market cycle. IO.Net aims to address the burgeoning demand for computing power driven by the rapid advancement of AI technologies. As tech giants scramble to acquire Nvidia GPUs to train large language models, the need for GPU resources has skyrocketed. IO.Net proposes a decentralized solution to the global GPU shortage by leveraging human collaboration and encryption technology, effectively creating a platform that operates similarly to Airbnb but for GPUs. By utilizing the Solana blockchain, IO.Net facilitates a permissionless environment for sharing computing resources, which includes data centers and high-performance workstations, thus tapping into previously idle GPU capacities. The advantages of IO.Net are compelling, offering customers a cost-effective alternative to traditional cloud services while incentivizing GPU providers through the upcoming IO token. With plans to expand its GPU network to 500,000 concurrent GPUs, IO.Net is positioning itself as a formidable competitor to centralized cloud providers. Collaborations with major players in the DePIN and AI sectors further solidify its status as a key player in the decentralized GPU network landscape. ArkStream Capital's investment underscores a strong confidence in IO.Net's potential to lead the way in the evolving AI and decentralized technology ecosystem.