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Posted: 2025-05-01 10:34:32 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-01 10:34:56 UTC
Verified By
Rollup News
io.net experiences significant growth with network earnings exceeding $11M. Gaurav takes over as CEO from MTorygreen. New services like Bare Metal offer better performance and lower costs for AI developers. io.net utilizes unused GPUs worldwide, boasting 5,430 cluster-ready CPUs/GPUs through partnerships. $IO token is used for rewards and fees within the network. io.net is presented as a cheaper alternative to centralized cloud providers, potentially reaching product-market fit in the crypto and AI space.
io.net's 80% growth and $11M+ network earnings
Gaurav's appointment as the new CEO
Introduction of Bare Metal service for enhanced performance
Cost-effectiveness compared to traditional cloud providers
Use of $IO token for network rewards and fees
Competition with established cloud providers like AWS, Google Cloud, and Azure
Maintaining partnerships to secure GPU resources
Ensuring the stability and security of a decentralized network
Adoption and demand for $IO token