#io io.net
Number of unlocked tokens: 8.27 million
Amount unlocked: approximately $27.2 million
io.net is a decentralized AI computing and cloud platform. By aggregating GPU supply from underutilized resources, io.net creates a network that allows machine learning (ML) startups to access nearly massive computing power at a fraction of the cost of traditional clouds.
This round of unlocking is IO's first Cliff unlock, all of which are released to the community, of which the Cliff part is 7.5 million tokens, worth $27.23 million, and the linear unlocking part is a total of $27.2 million.
How do you view the large-scale unlocking? I am optimistic about it in the long run, after all, it has narrative and belongs to the AI concept. But in the short term, it is still a bit bearish, and it may pull a wave of shipments, or it is possible that the dealer will directly smash it and pull down the receipt.