$289 000 USD

APRIL 2024

GLOBAL

IO.NET

DESCRIPTION OF EVENTS

"The Internet of GPUs is Finally Here" "The Power of Global GPU Resources with a Single Click"

 

"The IO Cloud allows you to deploy and manage on-demand decentralized GPU Clusters. This provides users with access to GPU resources without expensive hardware investments and infrastructure management. IO Cloud democratizes access to GPUs by providing ML Engineers & Developers the same experience as any cloud provider.

 

IO Cloud leverages distributed resources from a decentralized network of nodes called IO workers. Clusters provide the building blocks of IO Cloud and are fully meshed self-healing GPUs. With IO Cloud, you can leverage a decentralized network of GPUs/CPUs capable of executing Python-based ML code for your AI projects. This platform is Natively powered on the RAY distributed computing python framework used by OpenAI to train GPT3 and GP4 across 300K servers."

 

"IO Worker is like having a virtual rental manager for your device! It's a simple web app that lets you lend your computing power to those tackling AI tasks, making it easier for everyone to access the resources they need.

 

Thanks to our decentralized setup and smart resource management, you can earn more by renting out your GPU/CPU than you would with traditional cloud services. It's a win-win situation where you support others while boosting your own earnings.

 

With IO.NET, you're not just renting out hardware; you're part of a community that values collaboration and efficiency. Whether you're a business looking to optimize resources or an individual keen on making extra profits, IO.NET has got you covered!"

 

"Fake IO on ETH is suspected of a rug pull, with the deployer removing substantial liquidity, causing a 100% price decline."

 

"Be aware of this token! Team of this token has sold at least 90.97 ETH."

 

Explore This Case Further On Our Wiki

IO.net allows for the purchase of cheap GPU processing, and those with GPUs can sell their processing power on the open market. The IO.net service uses a Solana-based token. An attacker created a fake IO token on the ethereum blockchain. Once enough people had invested in the fake token, the attacker pulled all the liquidity from the smart contract.

Sources And Further Reading

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