Artificial Intelligence is changing the world<\/strong>. However, to train it and develop better AI models, we need one critical thing\u00a0: Compute Power<\/strong> Those who have been reading my posts for a while know this isn\u2019t the first time<\/strong> I\u2019m talking about Ionet<\/a>. I covered its launch and the airdrop in June<\/a>. But let\u2019s\u00a0recap.<\/p>\n Ionet is part of what we call a Decentralized Physical Infrastructure Network (DePIN)<\/strong>. Essentially, it\u2019s a project that uses blockchain technology to operate real-world infrastructure. In this specific case, Ionet helps decentralize access to high-grade GPUs and CPUs,<\/strong> offering an alternative to Web 2.0 solutions like AWS or Microsoft Azure.<\/p>\n Source\u00a0: https:\/\/io.net\/<\/a><\/p>\n The advantage is simple\u00a0: customers can borrow GPUs for their tasks<\/strong> at a lower cost and with easier access<\/strong> compared to Web 2.0 counterparts.<\/p>\n People or enterprises with unused GPUs or CPUs <\/strong>can lend them to the network and earn rewards for completing jobs. Even when there are no jobs, they earn \u201cblock rewards<\/strong>\u201d paid monthly, which can vary between $1\u2013$5 $IO per day depending on the hardware they\u00a0provide.<\/p>\n You may wonder\u00a0: there are other projects offering access to compute power, so why choose\u00a0$IO?<\/strong><\/p>\n 1. Network Revenue<\/strong> Source\u00a0: https:\/\/explorer.io.net\/explorer\/clusters<\/a><\/p>\n Right now it\u2019s near $55k per day\u00a0!<\/strong> And the number keep increasing<\/strong> since the launch in June\u00a0:<\/p>\n Source\u00a0: https:\/\/x.com\/JoestarCrypto\/status\/1867973640085794921<\/a><\/p>\n 2. Strong team and Advisors<\/strong> Source\u00a0:\u00a0Ionet<\/p>\n 3. Position Among Competitors<\/strong> It is far ahead in terms of revenue, demonstrating strong adoption of the project. Many partners, such as Leonardo AI,<\/strong> already utilize its infrastructure.<\/p>\n These numbers are even higher in reality due to Ionet\u2019s very fast-growing revenue since\u00a0launch.<\/p>\n Combine this with the fact that $IO has a market cap 10 times smaller than $RENDER<\/strong>, and there\u2019s significant room for the token\u2019s price to\u00a0grow.<\/p>\n Source\u00a0: Coingecko<\/p>\n However, a low market cap also means lower exposure to retail investors,<\/strong> which is crucial during a bull run. I\u2019m not too concerned about this, though, because unlike other projects with similar market caps, $IO is listed on all major exchanges like Binance and Coinbase<\/strong>. This makes it easier for people to buy\u00a0$IO.<\/p>\n I must also mention Ionet\u2019s wonderful community<\/strong>, which has remained active and supportive even after the airdrop phase. With over 500k members in the Discord server and on Twitter (X)<\/strong>, Ionet boasts one of the largest communities in the\u00a0space.<\/p>\n Don\u2019t hesitate to join their Discord to meet other people and earn some $IO by participating in events and being active in your local community. Personally, I earned 50 $IO this\u00a0way.<\/p>\n For French speakers, I\u2019ll see you in the French channel\u00a0!<\/p>\n Discord\u00a0: https:\/\/discord.gg\/Sx2EG2Am<\/a><\/p>\n Twitter (X)\u00a0: https:\/\/x.com\/ionet<\/a><\/p>\n As always thank you for reading\u00a0!<\/strong><\/p>\n There are referral links in this article it dosen\u2019t cost you anything but it helps me a lot\u00a0!<\/p>\n Follow me on\u00a0twitter<\/strong><\/p>\n Read exclusive articles on publish0x and if you want to support me for free you can sign in with this\u00a0link<\/p>\n Disclaimer\u00a0: This is not a financial advice, you need to do your own research\u00a0!<\/em><\/p>\n Ionet\u00a0: My Bet for This Bullrun<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" Ionet\u00a0: My Bet for This\u00a0Bullrun Artificial Intelligence is changing the world. However, to train it and develop better AI models, we need one critical thing\u00a0: Compute PowerThis indispensable resource powers machine learning models that will shape the AI of tomorrow. Today, we\u2019ll look at Ionet, one of the leaders in the field of access to […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-31980","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/31980"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31980"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/31980\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
This indispensable resource powers machine learning models that will shape the AI of tomorrow<\/strong>. Today, we\u2019ll look at Ionet, one of the leaders in the field of access to compute\u00a0power.<\/p>\nIonet Presentation<\/h3>\n
Why I\u2019m Betting On\u00a0$IO<\/h3>\n
The network\u2019s revenue, which reflects its utilization, is huge\u00a0!<\/strong><\/p>\n
Another reason is the team behind Ionet, which includes founders from<\/strong> Solana and Aptos<\/strong>, among\u00a0others.<\/p>\n
Ionet stands out <\/strong>among its Web 3 DePIN counterparts, such as Render and\u00a0Akash.<\/p>\nCommunity<\/h3>\n