Coin overview
IO
Ended--
Last price (USDT)
418.61K
24h total (USDT)
1.46M
Total vol (USDT)
2024-05-10 10:00:00 ~ 2024-06-11 11:30:00
Trading time (UTC+0)
2024-06-12 04:00:00
Delivery time (UTC+0)
Total supply800.00M
Resources
Introduction
io.net is a decentralized AI computing network that enables machine learning engineers to access scalable, distributed GPU clusters at a fraction of the cost of comparable centralized services. io.net is uniquely capable of creating clusters of tens of thousands of GPUs, whether co-located or geo-distributed, while maintaining low latency for deployers.
Watch Out: 18 Altcoins Will Have Massive Token Unlocks in the New Week – Here’s the Day-by-Day, Hour-by-Hour List
Despite the cryptocurrency world being extremely hopeful about this week’s US White House Cryptocurrency Summit, Bitcoin has seen a decline due to the lack of expected announcements and rumors of an increase in tariffs to be imposed by Trump. However, there will be many token unlock events that are expected to affect altcoins in the new week. Here is the weekly token unlock calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are +3 Türkiye time) March 10, 2025 World (WLD) Market Value: $879.36M Unlock Amount: $2.74M (0.31% Market Cap) Unlock Time: 03:00 Cheelee (CHEEL) Market Cap: $439.12M Unlock Amount: $64.53M (14.69% Market Cap) Unlock Time: 12:00 Sei (SEI) Market Value: $954.32M Unlock Amount: $1.07M (0.11% Market Cap) Unlock Time: 18:00 ChainGPT (CGPT) Market Cap: $76.43M Unlock Amount: $1.41M (1.84% Market Cap) Unlock Time: 18:00 Celestia (TIA) Market Value: $1.68B Unlock Amount: $3.11M (0.19% Market Cap) Unlock Time: 21:00 March 11, 2025 Internet Computer (ICP) Market Value: $2.64B Unlock Amount: $13.25M (0.50% Market Cap) Unlock Time: 03:00 io.net (IO) Market Cap: $119.14M Unlock Amount: $2.92M (2.45% Market Cap) Unlock Time: 03:00 Nereus Token (NRS) Market Cap: $3.42M Unlock Amount: $1.67M (48.83% Market Cap) Unlock Time: 03:00 Table (TABLE) Market Cap: $15.12M Unlock Amount: $3.48M (23.07% Market Cap) Unlock Time: 14:00 Moca Network (MOCA) Market Cap: $169.05M Unlock Amount: $15.83M (9.34% Market Cap) Unlock Time: 17:00 Related News Government Shutdown Crisis Could Happen in the US This Week - Here is the Crucial Date and All You Need to Know March 12, 2025 Aptos (APT) Market Value: $3.42B Unlock Amount: $65.44M (1.91% Market Cap) Unlock Time: 03:00 Oasys (OAS) Market Cap: $76.18M Unlock Amount: $2.11M (2.80% Market Cap) Unlock Time: 03:00 DIMO (DIMO) Market Cap: $19.07M Unlock Amount: $1.55M (8.12% Market Cap) Unlock Time: 21:00 March 14, 2025 UXD Protocol Token (UXP) Market Cap: $102.48M Unlock Amount: $1.09M (1.06% Market Cap) Unlock Time: 03:00 March 15, 2025 StarkNet (STRK) Market Value: $430.18M Unlock Amount: $10.08M (2.35% Market Cap) Unlock Time: 15:00 March 16, 2025 Arbitrum (ARB) Market Value: $1.57B Unlock Amount: $33.23M (2.12% Market Cap) Unlock Time: 03:00 Valve (VALVE) Market Value: $161.40M Unlock Amount: $6.82M (4.25% Market Cap) Unlock Time: 03:00 LimeWire (LMWR) Market Cap: $30.30M Unlock Amount: $4.01M (13.23% Market Cap) Unlock Time: 03:00 *This is not investment advice.
Hidden Crypto Treasure? OFFICIALMAGACOIN.IO, XRP, and BITCOIN Could Dominate 2025!
Crypto markets are heating up, and those who wait too long will miss the biggest wealth shift of 2025. Bitcoin (BTC) and XRP are hitting new highs, but OFFICIALMAGACOIN is where the smartest investors are making their move—because they see the next 1,000x opportunity unfolding right now! OFFICIALMAGACOIN: The Best Bet for Life-Changing Gains If you’ve ever wished you bought Bitcoin at $100 or XRP before its first breakout, this is your second chance. OFFICIALMAGACOIN offers: Exclusive Presale Access – Once this stage ends, prices will never be this low again. Massive Growth Potential – Analysts predict 50,000% gains as demand skyrockets. BIGGEST BONUS EVER – Use MAGA50X to claim a 50% EXTRA BONUS right now! ACT FAST! ENTER MAGA50X NOW AND CLAIM YOUR 50% EXTRA BONUS! Are These Cryptos Still Worth It? Crypto Price 2025 Growth Potential OFFICIALMAGACOIN Presale 500x+ Cardano (ADA) $0.58 Reliable, but slower gains Ethereum (ETH) $2,622.04 Still strong, but limited upside Optimism (OP) $3.45 Solid, but lacks massive hype VeChain (VET) $0.045 Long-term play, slower returns 50% BONUS: Why OFFICIALMAGACOIN Stands Out Unlike ETH, ADA, OP, or VET, OFFICIALMAGACOIN gives early buyers an instant advantage with MAGA50X. Every purchase gets a 50% extra token boost, ensuring higher returns before it even lists on exchanges! >> DON’T MISS THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN NOW! << The Market Is Moving—Will You? Timing is everything. OFFICIALMAGACOIN is making waves, and those who act now will be the biggest winners. Hesitate, and you’ll watch others make the gains you could have had! Website: officialmagacoin.io X/Twitter: https://x.com/officialMAGAx
SOLANA and BITCOIN Holders Are Closely Watching OFFICIALMAGACOIN.IO—Here’s What You Need to Know!
Bitcoin (BTC) is surging, with analysts predicting a run to $500,000 in the coming years. But while BTC offers stability, the real money is in high-growth altcoins. XRP and Ethereum (ETH) are strong, but the real breakout play is OFFICIALMAGACOIN —a low-priced presale crypto already raising over $3.8 million, setting the stage for massive 2025 gains. OFFICIALMAGACOIN: The Most Explosive Opportunity of 2025 Bitcoin’s next move will bring altcoins to new highs, but not all will see the same growth. OFFICIALMAGACOIN stands out because it’s still in presale at just $0.0002242, giving early buyers maximum upside before the first major exchange listing. With over $3.8 million already raised, investor interest is surging at an unprecedented rate. Analysts predict a potential 1,000x surge as momentum builds, positioning early adopters for exponential returns before the coin reaches the mainstream market. Unlike other altcoins with saturated demand, OFFICIALMAGACOIN is at the perfect entry point for those who act now. ACT FAST! USE PROMO CODE MAGA50X NOW AND CLAIM YOUR 50% EXTRA BONUS! Ethereum, Optimism, Aptos, and Chainlink: Are They Still Worth It? Ethereum (ETH): Trading at $2,622.04, a solid long-term play but too big for extreme gains. Optimism (OP): Sitting at $3.45, strong tech but less potential for a parabolic rise. Aptos (APT): Priced at $11.78, has innovation but lacks the hype needed for explosive growth. Chainlink (LINK): At $19.65, a key player in blockchain infrastructure but not the next 1,000x opportunity. THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN NOW! 50% Bonus: The Secret Advantage OFFICIALMAGACOIN Offers Unlike ETH, OP, APT, and LINK, OFFICIALMAGACOIN is delivering something no other major crypto is offering—a 50% EXTRA BONUS with MAGA50X, giving early investors an immediate boost in holdings before the token surges in price. This exclusive presale phase ensures the lowest possible entry point, allowing early buyers to maximize their gains while institutional investors and retail traders wait for the official listing. Bitcoin’s rise will drive the altcoin market—but the biggest winners will be those who get in before the mainstream catches on. OFFICIALMAGACOIN is moving fast. Will you act now or regret missing out? Website: officialmagacoin.io/ X/Twitter: https://x.com/officialMAGAx
State of io.net Q4 2024
From messari by Troy Harris Key Insights Revenue for compute suppliers jumped 565% QoQ, with an all-time high of $3.1 million in Q4 and an annualized revenue rate of $12.5 million per year. IO’s market capitalization rose 100% QoQ, from $187.3 million in Q3 to $375.6 million in Q4. Inferences via BC8.AI on io.net have decreased 13% QoQ, closing Q4 with 172.7k inferences and 43.2k inference transactions complete. The daily median number of verified GPUs and CPUs decreased 58% and 67% QoQ, respectively. Throughout Q4, io.net averaged 7600 verified GPUs and 1200 CPUs per day. 13 new partnerships were announced that will be leveraging io.net to power a variety of platforms ranging from AI agents to identity management solutions. Primer io.net ( IO ) is a decentralized network of graphics processing units ( GPU ) and central processing units ( CPU ) designed to provide accessible, scalable, and efficient access to compute resources. io.net ’s decentralized physical infrastructure network ( DePIN ) provides increased flexibility and control of compute resources to suppliers and buyers. The main focus of io.net is to provide GPU resources for machine learning ( ML ) and artificial intelligence ( AI ) applications at scale. Built natively on top of Ray , an open-source unified framework for scaling AI and Python applications, io.net supports a wide array of machine learning frameworks—including TensorFlow , PyTorch , and others—facilitating everything from distributed training and hyperparameter tuning to model serving. Its system intelligently matches and groups resources based on connectivity, geolocation, and hardware specifications to minimize latency. It enforces a one-hour minimum rental period for GPU clusters while allowing rentals of an unlimited duration. io.net sources GPUs from underutilized avenues outside traditional cloud services, such as independent data centers, crypto miners, networks like Filecoin and Render , and consumer GPUs, which account for 90% of the total GPU supply but are often idle. io.net is SOC2 certified and maintains robust security without compromising latency, io.net uses a kernel-level VPN with secure mesh protocols. Its IO agent detects and blocks unauthorized containers, encrypts data within the Docker file system, and prioritizes suppliers with SOC2 compliance. Key Metrics Financial Analysis In the context of io.net, revenue is the amount of money compute buyers pay to GPU and CPU providers. Compute buyers can rent compute for as long as they desire, but they must rent for at least one hour. Currently, io.net allows buyers to pay with IO, USDC, or card via a third party. In the future, there will be a 2% facilitation fee when paying in USDC; however, this fee is currently being waived, and the total cost to reserve compute goes to the suppliers. In Q4, io.net’s revenue increased by 565%, rising from $0.5 million to $3.1 million. This growth was driven by three consecutive months of all-time highs in monthly revenue, which also led to an all-time high in quarterly revenue. The IO token was launched on June 11, 2024, via Binance’s Launchpool . IO launched with an initial circulating supply of 95 million IO and a total token supply of 500 million. The IO token has a 20-year emissions schedule that reduces on a monthly cadence and creates a fixed maximum supply of IO at 800 million. IO’s market capitalization rose 100% QoQ, from $187.3 million in Q3 to $375.6 million in Q4. Consequently, IO rose relative to its peers by moving from the 192 largest cryptocurrency by circulating market capitalization to 188 . The large move in the circulating market capitalization of IO can be attributed to the 48% increase in the price of the IO token QoQ and the 36% increase in the circulating supply of IO QoQ. Staked IO remained relatively constant QoQ, only decreasing by 0.5%, with 6.2 million IO staked at the end of Q4. Staking began in the middle of Q3 and is a crucial aspect of network security and efficiency for io.net. By mandating that GPU and CPU suppliers stake IO tokens, the network cultivates long-term commitment, promotes proper behavior, and discourages malicious actions. The staking requirement is determined by each supplier's capacity and contribution, with a base stake of 200 IO per card that is adjusted by an earning multiplier; this multiplier guarantees that the per GPU stake is at least 200 IO. If a device has multiple GPUs, the total stake is calculated as the number of GPUs multiplied by the higher value between 1 and the earning multiplier, then multiplied by the base stake. For example, a device with eight GPUs at an earning multiplier of 10 necessitates a stake of 16,000 IO, whereas a device with four GPUs at an earning multiplier of 0.25 requires 800 IO. Each device’s staked tokens are secured in a dedicated smart contract, and block rewards are assigned per device and distributed to the supplier’s Solana wallet through periodic claims. When a supplier chooses to unstake, a 14-day cooldown period is initiated, during which the tokens do not count toward block reward eligibility. After this period, the tokens must be withdrawn before they can be restaked on the same device. Additionally, a slashing mechanism is in place to reduce staked tokens and accrued rewards if a supplier engages in malicious activities or if the device fails to perform adequately. Slashed tokens are subject to a one-month reconsideration process, during which the supplier may appeal the decision; if the appeal is unsuccessful or not pursued, the slashed tokens are burned. Copilot Insights Tell me more about slashing. Go Deeper Looking forward, the emission schedule for IO rewards projects that 9.3 million IO will be distributed to GPU and CPU workers in Q1 2025, with an average of 103,000 IO being emitted per day. After initially beginning with an emissions schedule that adjusts per hour, io.net transitioned to an emissions schedule predicated on adjusting the inflation rate on a monthly cadence. The maximum supply for IO will be 800 million, and IO emissions will be distributed over the course of the next 20 years. The initial inflation rate was approximately 0.667% per month and decreases with each subsequent month. Network io.net requires devices with at least 12 GB of RAM, 500 GB of free disk space, and a high-speed internet connection (over 500 MB/s download, 250 Mbps upload, and under 30 ms ping). To ensure that suppliers' CPU/GPU resources are genuine and perform as expected, io.net implements an hourly Proof-of-Work (PoW) verification process. This process, which runs for about 15 minutes per hour, uses a cryptographic puzzle to verify the authenticity and performance of devices, deter fraud, and ensure fair resource allocation. The PoW system is structured around three components: a Binary Checker API that seeks a valid solution, a Challenges API that generates the puzzles, and a Results Submission API for verifying the solutions. Devices are visibly marked as verified, pending, or failed on the user interface, and any errors are logged for troubleshooting. The daily median number of verified GPUs and CPUs decreased 58% and 67% QoQ, respectively. Throughout Q4, io.net averaged 7,600 verified GPUs and 1,200 CPUs per day. After strong opening numbers for the daily median number of GPU and CPU workers, the average number of GPU and CPU workers decreased by 69% and 61% QoQ, respectively. However, the number of GPU and CPU workers in Q4 remained relatively flat over the course of the quarter. io.net began producing blocks and emitting the IO token as rewards for GPU and CPU suppliers on June 25, 2024. Since then, io.net has emitted 20.1 million IO tokens, with 9.6 million of them being emitted in Q4, matching IO emissions projections. BC8.AI is an AI image generation platform that allows users to create images via prompts, similar to Midjourney . BC8.AI is powered by io.net, running its AI image generation model via io.net’s decentralized compute network. Inferences via BC8.AI on io.net have decreased 13% QoQ, closing Q4 with 172,700 inferences and 43,200 inference transactions complete. Qualitative Analysis Dell Technologies Partner Program In December, io.net announced it had joined the Dell Technologies Partner Program as an Authorized Partner and Cloud Service Provider. The collaboration integrates io.net’s decentralized GPU compute network with Dell’s trusted hardware and infrastructure, giving io.net access to Dell’s resources, expertise, and go-to-market support. This collaboration allows enterprises to benefit from scalable, on-demand GPU clusters designed for complex AI, machine learning, and high-performance computing workloads. The collaboration aims to address challenges commonly associated with centralized compute networks by offering a decentralized solution that combines global GPU capacity with reliable enterprise-grade infrastructure. Additionally, the partnership supports strategic initiatives including demand generation, co-marketing, and tailored go-to-market strategies, positioning io.net to deliver cost-effective and efficient computing solutions for the next generation of AI innovation. Zerebro Partnership Additionally, io.net announced it had partnered with zerebro on December 17, 2024, an autonomous AI agent, to enhance its Ethereum validator operations by utilizing io.net’s globally distributed GPU clusters. Through this collaboration, zerebro will run its Ethereum consensus and execution clients on io.net’s decentralized infrastructure, ensuring scalable, reliable, and permissionless access to high-performance compute resources with geo-distributed redundancy. This setup addresses traditional bottlenecks in validator systems and supports flexible workload scaling. Other Partnerships Nov 5, 2024, Phala Network, Engage Stack, and io.net demonstrated that enabling Trusted Execution Environments (TEEs) on NVIDIA Hopper GPUs for LLM inference adds minimal overhead within the GPU itself. Nov 19, 2024, Zero1 Labs is leveraging io.net's decentralized GPU network to train and scale AI agents for cross-chain applications through its Keymaker platform. Nov 26, 2024, OpenLedgerHQ partnered with io.net to combine blockchain-secured datasets with decentralized GPU compute, enabling AI developers to train and scale models on verifiable data pipelines. Dec 3, 2024, CreatorBid has partnered with io.net to provide decentralized GPU resources that power scalable AI models for content creation and digital engagement. Dec 5, 2024, Matchain has partnered with io.net to offer decentralized, scalable GPU resources for developers of identity and data management solutions. Dec 10, 2024, Mira Network has partnered with io.net to enhance AI reliability by providing scalable, decentralized GPU compute for output verification. Dec 16, 2024, Market Compass has partnered with io.net to utilize their decentralized computing network, which provides secure and scalable clusters equipped with A100 GPUs for model training, fine-tuning, and hosting AI agents. Other partners that are utilizing io.net's network include GAIB , YOM , NovaNet , ParallelAI , and MarlinProtocol . Closing Summary In Q4’24, io.net's token, IO, achieved substantial market capitalization growth. This growth was driven by an increased token price and circulating supply under the 20-year emissions schedule. Concurrently, the network upheld stringent hardware standards and executed an hourly Proof-of-Work process to authenticate and assess the performance of its decentralized compute resources. This ensured high-quality service despite a QoQ decrease in verified devices. Furthermore, io.net’s revenue grew by 565%, with revenue increasing from $0.5 million to $3.1 million. Three consecutive months of unprecedented monthly revenue culminated in a record-breaking quarterly performance. Moreover, 13 new partnerships were announced that will utilize io.net to support a range of platforms, from AI agents to identity management solutions. Collectively, these financial, network, and partnership advancements highlight io.net's robust position as a scalable, accessible, and decentralized compute platform. Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form . All responses are subject to our Privacy Policy and Terms of Service . This report was commissioned by io.net, Inc. All content was produced independently by the author(s) and does not necessarily reflect the opinions of Messari, Inc. or the organization that requested the report. The commissioning organization does not influence editorial decision or content. Author(s) may hold cryptocurrencies named in this report. This report is meant for informational purposes only. It is not meant to serve as investment advice. You should conduct your own research, and consult an independent financial, tax, or legal advisor before making any investment decisions. Past performance of any asset is not indicative of future results. Please see our Terms of Service for more information. No part of this report may be (a) copied, photocopied, duplicated in any form by any means or (b) redistributed without the prior written consent of Messari®.
Chainlink (LINK) Price Outlook: Potential Breakout Signals and Influencing Factors to Consider
Chainlink (LINK) is poised for potential growth amid rising trading volume and strategic developments in its network, captivating investor interest. The altcoin, despite its recent price fluctuations, has demonstrated a significant uptick in trading activity, with a 24.59% increase in volume over the past day. As highlighted by Solberg Invest, a sustained rally for LINK could be in play if it successfully breaks through the crucial $20 resistance. The latest trends in Chainlink (LINK) suggest a potential rally, fueled by increased trading volumes and strategic developments. Can it reach $30? Technical Analysis Indicates Potential Bullish Trends for Chainlink (LINK) Currently trading at $17.08, Chainlink (LINK) has faced a slight dip, yet this has not deterred its overall bullish sentiment. Observations on the 1-day chart reveal LINK’s consolidation within a descending channel—a pattern observed since Q4 2024—suggesting potential for a breakout. According to market analysis from Solberg Invest, a break above the significant $20 resistance may pave the way for a potential rally, aiming for a target price near $30. This momentum will depend on continued support from bullish traders, given that a failure to hold could result in a retest of key support at approximately $12. Source: X On-Chain Metrics Reveal Promising Accumulation Patterns Recent on-chain data showcases Chainlink’s bullish momentum, supported by a notable surge in trading volume. Notably, IntoTheBlock reports significant exchange withdrawals, totaling around $4 million within the last week, indicating solid investor confidence. Additionally, 67% of LINK’s holders classed as large-scale investors suggest that whale accumulation may be a factor aiding in price stability. With more than 54% of these holders currently in profit, the metrics reveal a decrease in selling pressure alongside a verified long-term investment sentiment. Source: IntoTheBlock Furthermore, LINK’s IO-weighted funding rate has recently turned positive, pointing to a potential trend reversal, reaffirming bullish momentum. Source: Coinglass Market Developments and Chainlink’s Strategic Position Chainlink’s growing utility in decentralized finance (DeFi) cultivates a strong foundation for its long-term prospects. The ongoing collaboration with U.S. authorities to establish compliant smart contracts further enhances its reputation and potential adoption within traditional finance. As LINK’s price consolidates while exhibiting signs of a trend reversal, these market developments suggest an optimistic outlook for its future. Additionally, given its significant correlation with Bitcoin (0.92), traders are advised to monitor BTC movements closely as they may directly impact LINK price dynamics. Investors should remain vigilant, observing both LINK’s price patterns and whale activities for optimal trading strategies. Conclusion In summary, Chainlink (LINK) is experiencing a critical juncture, with several factors aligning for possible upward movement. As the altcoin navigates through technical patterns and showcases strong on-chain support, market participants should be prepared for potential opportunities as LINK attempts to break past resistance levels. Monitoring developments closely could yield rewarding insights and inform trading decisions moving forward. In Case You Missed It: BNB Sees Record Address Growth, Indicating Potential Bullish Momentum Despite Ongoing Market Fluctuations
Underrated Crypto? OFFICIALMAGACOIN.IO, XRP, and BITCOIN Could Be Unstoppable in 2025!
Crypto markets are heating up, and those who wait too long will miss the biggest wealth shift of 2025. Bitcoin (BTC) and XRP are hitting new highs, but OFFICIALMAGACOIN is where the smartest investors are making their move—because they see the next 1,000x opportunity unfolding right now! OFFICIALMAGACOIN: The Best Bet for Life-Changing Gains If you’ve ever wished you bought Bitcoin at $100 or XRP before its first breakout, this is your second chance. OFFICIALMAGACOIN offers: Exclusive Presale Access – Once this stage ends, prices will never be this low again. Massive Growth Potential – Analysts predict 50,000% gains as demand skyrockets. BIGGEST BONUS EVER – Use MAGA50X to claim a 50% EXTRA BONUS right now! ACT FAST! ENTER MAGA50X NOW AND CLAIM YOUR 50% EXTRA BONUS! Are These Cryptos Still Worth It? Crypto Price 2025 Growth Potential OFFICIALMAGACOIN Presale 500x+ Cardano (ADA) $0.58 Reliable, but slower gains Ethereum (ETH) $2,622.04 Still strong, but limited upside Optimism (OP) $3.45 Solid, but lacks massive hype VeChain (VET) $0.045 Long-term play, slower returns 50% BONUS: Why OFFICIALMAGACOIN Stands Out Unlike ETH, ADA, OP, or VET, OFFICIALMAGACOIN gives early buyers an instant advantage with MAGA50X. Every purchase gets a 50% extra token boost, ensuring higher returns before it even lists on exchanges! >> DON’T MISS THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN NOW! << The Market Is Moving—Will You? Timing is everything. OFFICIALMAGACOIN is making waves, and those who act now will be the biggest winners. Hesitate, and you’ll watch others make the gains you could have had! Website: officialmagacoin.io X/Twitter: https://x.com/officialMAGAx
SOLANA and BITCOIN Traders Are Watching OFFICIALMAGACOIN.IO—Here’s What’s Going On!!
Bitcoin (BTC) is surging, with analysts predicting a run to $500,000 in the coming years. But while BTC offers stability, the real money is in high-growth altcoins. XRP and Ethereum (ETH) are strong, but the real breakout play is OFFICIALMAGACOIN —a low-priced presale crypto already raising over $3.8 million, setting the stage for massive 2025 gains. OFFICIALMAGACOIN: The Most Explosive Opportunity of 2025 Bitcoin’s next move will bring altcoins to new highs, but not all will see the same growth. OFFICIALMAGACOIN stands out because it’s still in presale at just $0.0002242, giving early buyers maximum upside before the first major exchange listing. With over $3.8 million already raised, investor interest is surging at an unprecedented rate. Analysts predict a potential 1,000x surge as momentum builds, positioning early adopters for exponential returns before the coin reaches the mainstream market. Unlike other altcoins with saturated demand, OFFICIALMAGACOIN is at the perfect entry point for those who act now. ACT FAST! USE PROMO CODE MAGA50X NOW AND CLAIM YOUR 50% EXTRA BONUS! Ethereum, Optimism, Aptos, and Chainlink: Are They Still Worth It? Ethereum (ETH): Trading at $2,622.04, a solid long-term play but too big for extreme gains. Optimism (OP): Sitting at $3.45, strong tech but less potential for a parabolic rise. Aptos (APT): Priced at $11.78, has innovation but lacks the hype needed for explosive growth. Chainlink (LINK): At $19.65, a key player in blockchain infrastructure but not the next 1,000x opportunity. THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN NOW! 50% Bonus: The Secret Advantage OFFICIALMAGACOIN Offers Unlike ETH, OP, APT, and LINK, OFFICIALMAGACOIN is delivering something no other major crypto is offering—a 50% EXTRA BONUS with MAGA50X, giving early investors an immediate boost in holdings before the token surges in price. This exclusive presale phase ensures the lowest possible entry point, allowing early buyers to maximize their gains while institutional investors and retail traders wait for the official listing. Bitcoin’s rise will drive the altcoin market—but the biggest winners will be those who get in before the mainstream catches on. OFFICIALMAGACOIN is moving fast. Will you act now or regret missing out? Website: officialmagacoin.io/ X/Twitter: https://x.com/officialMAGAx
Breaking: XRP, BITCOIN, and OFFICIALMAGACOIN.IO Could Be on the Verge of a 10,000% Surge!
Crypto is moving fast, and if you’re still betting on old giants, you could be missing the next massive breakout. While Bitcoin (BTC), Solana (SOL), and XRP are still making headlines, the real money is flowing into OFFICIALMAGACOIN —a high-potential presale coin that could leave these established names behind in 2025. OFFICIALMAGACOIN: The Next Crypto Superstar Smart investors know that early entry is everything. The best gains come from getting in before a token explodes, and OFFICIALMAGACOIN is setting up for exactly that. Presale Access Only – A once-in-a-lifetime chance before major exchange listings. Unmatched Growth Potential – Analysts predict gains up to 50,000%! BIGGEST BONUS OFFER – Use MAGA50X to claim a 50% EXTRA BONUS instantly! LIMITED TIME ONLY! USE PROMO CODE MAGA50X TODAY FOR A 50% EXTRA BONUS! Can These Cryptos Keep Up? Crypto Asset Price Growth Potential OFFICIALMAGACOIN Presale 5 000x+ Polygon (MATIC) $1.08 Slower, but solid tech Chainlink (LINK) $19.65 Strong utility, but no breakout Polkadot (DOT) $7.42 Good project, but limited hype Uniswap (UNI) $10.57 Decentralized leader, but slower growth 50% BONUS vs. Other Top Coins—Why It Matters While other cryptos rely on slow organic growth, OFFICIALMAGACOIN gives investors an instant advantage. With MAGA50X, every purchase gets a 50% extra token boost, giving buyers a massive head start before the coin’s inevitable surge. None of the major cryptos—MATIC, LINK, DOT, or UNI—offer this kind of early-mover advantage. This is why serious investors aren’t waiting! ACT FAST! ENTER MAGA50X NOW AND CLAIM YOUR 50% EXTRA BONUS! The Market Is Moving—Are You? Crypto cycles favor early movers, and OFFICIALMAGACOIN is leading the charge. The best time to buy is now! Once this presale closes, those who hesitated will wish they had acted sooner. The choice is simple—secure your spot before it’s too late! Website: officialmagacoin.io X/Twitter: https://x.com/officialMAGAx
SOLANA and BITCOIN Holders Are Watching OFFICIALMAGACOIN.IO—Here’s What’s Happening!
Bitcoin (BTC) is surging, with analysts predicting a run to $500,000 in the coming years. But while BTC offers stability, the real money is in high-growth altcoins. XRP and Ethereum (ETH) are strong, but the real breakout play is OFFICIALMAGACOIN —a low-priced presale crypto already raising over $3.8 million, setting the stage for massive 2025 gains. OFFICIALMAGACOIN: The Most Explosive Opportunity of 2025 Bitcoin’s next move will bring altcoins to new highs, but not all will see the same growth. OFFICIALMAGACOIN stands out because it’s still in presale at just $0.0002242, giving early buyers maximum upside before the first major exchange listing. With over $3.8 million already raised, investor interest is surging at an unprecedented rate. Analysts predict a potential 1,000x surge as momentum builds, positioning early adopters for exponential returns before the coin reaches the mainstream market. Unlike other altcoins with saturated demand, OFFICIALMAGACOIN is at the perfect entry point for those who act now. ACT FAST! USE PROMO CODE MAGA50X NOW AND CLAIM YOUR 50% EXTRA BONUS! Ethereum, Optimism, Aptos, and Chainlink: Are They Still Worth It? Ethereum (ETH): Trading at $2,622.04, a solid long-term play but too big for extreme gains. Optimism (OP): Sitting at $3.45, strong tech but less potential for a parabolic rise. Aptos (APT): Priced at $11.78, has innovation but lacks the hype needed for explosive growth. Chainlink (LINK): At $19.65, a key player in blockchain infrastructure but not the next 1,000x opportunity. THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN NOW! 50% Bonus: The Secret Advantage OFFICIALMAGACOIN Offers Unlike ETH, OP, APT, and LINK, OFFICIALMAGACOIN is delivering something no other major crypto is offering—a 50% EXTRA BONUS with MAGA50X, giving early investors an immediate boost in holdings before the token surges in price. This exclusive presale phase ensures the lowest possible entry point, allowing early buyers to maximize their gains while institutional investors and retail traders wait for the official listing. Bitcoin’s rise will drive the altcoin market—but the biggest winners will be those who get in before the mainstream catches on. OFFICIALMAGACOIN is moving fast. Will you act now or regret missing out? Website: officialmagacoin.io/ X/Twitter: https://x.com/officialMAGAx
DePIN io.net launches Co-Staking, allowing users to share block rewards
net’s Co-Staking Marketplace is now live enabling the sharing of staking rewards. With the Co-Staking, no hardware is needed for $IO holders to earn staking rewards. The Co-Staking Marketplace connects hardware suppliers with token holders. io.net, a leading platform in the DePIN (Decentralized Physical Infrastructure Networks) space, has launched Co-Staking Marketplace , an innovative feature that allows users to share block rewards. The Co-Staking feature enables both device suppliers and $IO token holders to participate in the network’s validation process and share in the lucrative block rewards, without the necessity of owning physical hardware. Democratizing staking The Co-Staking Marketplace is a groundbreaking addition to io.net’s ecosystem, designed to respond to community demands for more inclusive participation methods. The marketplace serves as a bridge between those who supply computing power and individuals who hold $IO tokens. Suppliers on io.net can now invite community members to contribute to the staking requirements for their devices, which in turn helps in lowering the personal financial stake needed to onboard high-performance hardware like H100 GPUs. The suppliers can list their devices once they are fully staked and operational, specifying how much $IO is needed and what percentage of the block rewards they’re willing to share. These offers are customizable, allowing for flexibility in how the rewards and staking responsibilities are divided. Co-stakers can then browse this marketplace, filtering offers based on various criteria like device model, reliability scores, and projected earnings, making it easier to find opportunities that match their investment strategy. This not only democratizes access to staking but also significantly reduces the working capital required from suppliers, making it easier for them to manage their financial risk profile. For $IO holders, the advantages are equally compelling. Previously, earning through staking was limited to those who could afford or manage the hardware. Now, with Co-Staking, these token holders can stake their $IO alongside device suppliers, earning a share of the block rewards without the complexities of hardware management. This system simplifies the process of earning rewards, making it accessible to a broader segment of the io.net community. Explorer Staking Dashboard In addition to the launch of the Co-Staking Marketplace, io.net has also introduced the Explorer Staking Dashboard to enhance the user experience by providing a centralized hub for tracking staking activities in real time. Users can use the Explorer Staking Dashboard to monitor their earnings, analyze historical trends, and stay updated with live data, fostering a transparent and informed staking environment. Moreover, io.net has ensured that the Co-Staking Marketplace feature comes with clear guidelines for both suppliers and token holders. Detailed guides are available for setting up co-staking offers, participating as a co-staker, and managing stakes, alongside interfaces for tracking and withdrawing earnings or unstaking when necessary. However, with the new opportunities come responsibilities and io.net has implemented a slashing mechanism to maintain network integrity. Devices that fail to meet performance standards could face penalties, affecting both rewards and staked amounts, which underscores the importance of reliability in this ecosystem. Remarkably, besides expanding the utility of $IO tokens, the launch of Co-Staking by io.net marks a pivotal moment in decentralized computing, promoting a more inclusive, efficient, and rewarding environment for all participants.
Arweave-based 'permanent cloud' storage network AR.IO launches mainnet and TGE
Arweave-based network AR.IO, which aspires to provide the technological infrastructure required to store data in the cloud permanently, launched both its mainnet and token generation event on Thursday. The network "supports apps that make web hosting and cloud storage permanent. You only pay for what you store and you never have to renew your subscription or lose access to your files if you don't," AR.IO founder and CEO Phil Mataras told The Block. "AR.IO is provenance-driven and immutable, which means you can always trace the origins of a document and it can't be changed by anyone." The network is billing itself as the "world’s first permanent cloud network." With its core app ArDrive, AR.IO is one of many decentralized cloud storage projects hoping to compete with web2 giants like Google Cloud and Amazon Web Services. Other web3 cloud storage projects include Impossible Cloud and Filecoin . In 2022, ArDrive raised over $17 million to develop the blockchain-based network. The project’s investors include Blockchain Capital, Forward Research, which is Arweave's R&D incubator, Foresight Ventures and Ryze Labs, according to a company spokesperson. Because it's "built on Arweave’s unique ‘pay once, store forever’ model, all data, applications, and content hosted on the network are permanent and censorship-resistant," AR.IO said in a statement. "Their content remains accessible indefinitely, without reliance on centralized entities prone to outages, data leaks, or deplatforming." Token generation event With the launch of its mainnet, the project also initiated its token generation event, or TGE, on Thursday. The ARIO token will have a total fixed supply of 1 billion tokens, according to the project. The majority of the tokens will be distributed as follows: 17.08% to its core team and advisors, 20.29% for supporting early development and infrastructure, 17.5% earmarked for the community of early adopters, developers and users that contribute to growing the network, and 28.63% to incentivizing partnerships and collaborations. "Beyond securing the network, ARIO enables users to purchase and manage ArNS smart domains, providing a permanent, blockchain-native identity for apps, data, and digital ownership," the project said in a statement.
Bullish Global Secures Licensing Approval in Hong Kong
Bullish Global, a blockchain-based cryptocurrency exchange, has received approval from the Hong Kong Securities and Futures Commission (SFC) to operate in Hong Kong. This is an important step for Bullish as it strengthens its presence in Asia and shows its commitment to providing regulated digital asset services. Bullish Global To Provide Regulated Digital Asset Services According to a blog post , Bullish Global has obtained two important licenses for its Hong Kong operations. The first license allows the platform to trade various digital assets. The second license lets Bullish run an automated trading platform, making trading easier and more efficient for its users. It is worth noting that this approval allows Bullish to provide regulated digital asset services to eligible customers in the city. The California-based exchange can now serve institutional and retail investors, creating a secure and compliant environment for trading digital assets. Interestingly, this decision creates a positive example for other cryptocurrency exchanges that want to operate in the area. Hong Kong Crypto Push: Mission to Fasttrack Licensing Meanwhile, Hong Kong is making bold strides to cement its position as a global cryptocurrency hub . As reported by TheCoinRise, the SFC licensed HKbitEX, Accumulus, DFX Labs, and EX.IO under the country’s regulatory regime. Recall that Hong Kong launched a licensing framework for virtual asset trading platforms (VATPs) in June 2023 to stay ahead of the crypto race. This allowed licensed exchanges to offer retail trading, signaling the city’s ambition to attract crypto firms and investors . Recently, the SFC introduced a “swift licensing process “ to speed up approvals while upholding strict regulatory standards. This involves close collaboration with VATP management, ensuring clear communication of expectations. The Road Ahead for Hong Kong In Crypto Hong Kong’s robust regulatory framework and strategic initiatives have attracted global attention, creating a thriving ecosystem where financial stability meets technological advancement. With policies designed to balance innovation and investor protection, Hong Kong is positioning itself as a benchmark for crypto-friendly governance. As the region continues to pioneer blockchain and digital finance initiatives, it is poised to remain at the forefront of the global cryptocurrency industry, shaping the future of financial innovation.
QOVVO.IO Announces the Open Beta Launch of its Global P2P Crypto Lending Platform
QOVVO.IO, a cutting-edge online crypto lending platform, is proud to announce the official launch of its open beta testing phase. Designed for individuals and businesses seeking innovative, secure, and flexible financial solutions, QOVVO.IO empowers users to unlock liquidity, earn stable returns, and take control of their financial futures. A Borderless Financial Solution QOVVO.IO eliminates traditional financial barriers, allowing users from any region or background to access cryptocurrency-backed lending in a peer-to-peer format. Whether you’re an experienced investor or a newcomer to crypto finance, the platform provides an inclusive opportunity to benefit from decentralized financial tools. Key Features of QOVVO.IO Flexible Loan Management: Borrowers can use crypto assets as collateral to access liquidity without selling their holdings, while lenders can earn reliable returns. Transparency and Security: Advanced encryption, regular audits, and collateralized lending ensure safety and trust at every step. User-Centric Experience: Borrowers and lenders can create or customize loan offers tailored to their needs, ensuring full control over terms. Financial Inclusion: Open participation enables anyone—regardless of location or experience—to leverage financial tools once reserved for institutional players. Why Open Beta Matters The open beta phase marks a crucial stage in QOVVO.IO’s mission to deliver a seamless and secure P2P lending experience. Participants will gain early access to platform functionalities, assess its user-friendly design, and play an active role in shaping its future by providing valuable feedback. How to Join Participation in the open beta is simple: Visit https://QOVVO.io . Register an account to gain immediate access. Explore lending options and contribute feedback to improve the platform. QOVVO.IO is committed to creating a reliable and accessible financial ecosystem, where individuals and businesses can confidently manage their assets and generate income. Join the open beta today and take the first step toward a smarter, borderless financial future. For additional information or to register, visit https://QOVVO.io. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
RootData: IO will unlock about $6.7973 million worth of tokens in a week
According to the Web3 asset data platform RootData token unlock data, io.net (IO) will unlock about 4.0703 million tokens at 0:00 on February 11 Beijing time, worth about 6.7973 million dollars.
Ether Liquidations Exceed $609 Million as Geopolitical Tensions Impact Cryptocurrency Markets
The recent turmoil in the cryptocurrency market has resulted in over $2.24 billion in liquidations, with Ether leading the decline amid rising geopolitical tensions. This unprecedented event saw more than 730,000 traders affected, drawing comparisons to past major crises within the crypto space. According to Joe Consorti, head of growth at Theya, the $2.24 billion liquidation event surpassed those witnessed during previous market crashes, highlighting the current instability. Cryptocurrency market faces $2.24 billion in liquidations as Ether leads the decline, raising concerns amidst geopolitical tensions and past event comparisons. Largest Crypto Exchanges Drive Liquidations Amid Market Decline In this recent market downturn, it’s reported that 36.8% of all liquidations occurred on Binance, attributed to its extensive user base and trading volumes. Other notable exchanges contributing to the total liquidations included OKX, Bybit, Gate.IO, and HTX. The volume and frequency of trading on these platforms paint a clear picture of market behavior during this highly volatile time. Liquidation Breakdown and Market Sentiment The distribution of liquidations showed that long traders bore the brunt of the downturn, losing approximately $1.88 billion, which constitutes an alarming 84% of the total liquidations. This appears indicative of a widespread belief among traders that a new bullish trend was imminent, only to face stark reality as market conditions shifted dramatically. Geopolitical Factors Impacting Crypto Market Stability The cryptocurrency market did not react in isolation; the turmoil was exacerbated by significant political announcements. When US President Trump implemented tariffs against major trading partners, top altcoins, including Ethereum (ETH) and Cardano (ADA), suffered substantial declines within just an hour. This correlation between geopolitical events and market performance underscores the fragility of digital assets in the current economic climate. Analyzing the Fear Sentiment in the Market The current investor sentiment within the cryptocurrency space reflects a state of “fear,” according to data from Alternative.me, which monitors the Crypto Fear & Greed Index. This prevailing sentiment is noteworthy, as it traditionally indicates apprehension among investors regarding future price movements. Historically, high levels of fear can, paradoxically, present opportunities for buyers looking to capitalize on market dips. Conclusion The recent liquidations signal a turbulent period for cryptocurrency traders, magnified by external geopolitical factors. As over $2.24 billion evaporated within a day, the implications for market stability are becoming increasingly pronounced. While current investor sentiment leans heavily toward caution, there exists a historic pattern where fear in the market can pave the way for future recovery and opportunities. Staying informed and cautious will be paramount as the situation evolves. In Case You Missed It: SEC's Future Crypto ETF Approvals May Influence Dogecoin and Other Altcoins' Market Potential
In 2024, 70% of all stablecoin transactions were made by bots
According to a new study conducted by the crypto exchange CEX.IO , in 2024, 70% of stablecoin transactions were conducted by automated trading bots. This is the result of an analysis of activity in blockchains Ethereum , Base and Solana . According to the exchange, on average 77% of the total volume of stablecoin transactions in 2024 fell into the unidentified category, which includes bots. Bot activity has quadrupled since 2023, increasing its share from 80% to 90% in the unidentified category. USDC accounted for more than 65% of the total volume of transactions in this category. It turns out that most of the transactions with this stablecoin were carried out by bots, the report says. CEX.IO . USDT dominated "organic" transactions, accounting for over 68% of the total volume. PYUSD tripled its share of such transfers, but it is still below 2%. The bots were most active in the second-level Base network. Thanks to bot activity, Base even overtook in Q2024 XNUMX Ethereum in terms of the total volume of transactions with stablecoins, they said CEX.IO . The study also found that without bot activity, the situation with stablecoin transactions would be completely different, as the share of “organic” transactions still lags far behind. EN @happycoinnews EN @happycoinnews_en
A whale address transferred about 2.24 million $IO to CEX, worth about $5.80 million
According to Arkham monitoring data, a whale address transferred about 2.24 million $IO to CEX, worth about $5.80 million.
Cardano Outlines 2025 Roadmap With Focus on Scaling and Governance
Key Takeaways Input Output has submitted a new technical roadmap for Cardano, outlining its 2025 development goals. The plan focuses on scaling, interoperability, and governance improvements. IO hopes the roadmap will help Cardano reach a billion users within the next five years. Cardano is ramping up its efforts to scale and improve governance in 2025, aiming to position itself as a blockchain capable of serving billions. Input Output (IO) , the blockchain research firm led by Charles Hoskinson, has put forward an ambitious new roadmap focused on enhancing scalability and interoperability. You May Also Like Crypto Charles Hoskinson Escalates Feud, Labels Cardano Foundation ‘The Biggest Anomaly’ Crypto Donald Trump’s Cabinet Picks for Second Term: Key Positions to Watch Blockchain What Is Cardano (ADA) How Does It Work? Scaling Up The goal is to lower entry barriers and optimize the network, making it more accessible to a global audience. At the core of the new roadmap are several technical upgrades, including the integration of Layer-2 solutions, rollups, and core node improvements. One of the standout proposals is the implementation of Hydra , an off-chain state channel designed to enable fast, low-cost transactions. The roadmap also includes plans to integrate zero-knowledge rollups , which bundle multiple transactions into a single batch to reduce network congestion. Further innovations include Leios and Peras, next-generation consensus protocols that facilitate parallel block creation, potentially allowing for high-speed transaction processing. Mithril certificates, another planned upgrade, would let users verify transactions without running a full node, improving efficiency and accessibility. Beyond technical upgrades, IO is also pushing for a more community-driven governance model. This initiative represents the next stage of Cardano’s current evolution, dubbed Voltaire, which follows previous phases like Byron (foundation), Shelley (decentralization), Goguen (smart contracts), and Basho (scaling). Addressing Blockchain Bridge Vulnerabilities A key area of focus for Cardano in 2025 is interoperability, particularly addressing security issues with cross-chain bridges. Blockchain bridges, which enable token transfers between networks, have been frequent targets for exploits. IO’s solution is an Inter-Blockchain Communication (IBC) protocol, which would enhance security while improving cross-chain functionality. Additionally, Cardano developers are working on Minotaur, a new consensus mechanism designed to enable trustless interoperability between Cardano and other blockchains. Minotaur could gradually migrate transaction validation to local validators, potentially fostering seamless integration with networks like Ethereum. Another major innovation in the works is Hybrid DApps, which would allow users to conduct multi-chain transactions without needing developers to manually build custom bridges. Cardano’s Push for Relevance Beyond technical improvements, IO aims to boost Cardano’s usability and developer experience, simplifying on-chain transactions and enhancing privacy features. The roadmap outlines a vision for increasing Cardano’s adoption, a crucial step for a blockchain that was once the third-largest by market cap but has since struggled to stay in the spotlight. While Cardano remains a widely used blockchain, recent headlines have often been dominated by Hoskinson’s public feuds and rants rather than technological progress. A renewed focus on scalability, governance, and interoperability could be the step Cardano needs to reclaim relevance in an increasingly competitive space.
Nexus partners with IO.NET to boost computing power and zk services
Nexus (CRYPTO:NXS), a blockchain project focused on creating the Verifiable Internet, has entered into a strategic partnership with io.net (CRYPTO:IO), a decentralised physical infrastructure network. This collaboration aims to enhance Nexus's computing power and advance its zero-knowledge proof (zK) services, making them more accessible to users. The partnership will utilise io.net’s decentralised GPU infrastructure to expand the computing resources available for proof generation within the Nexus zero-knowledge Virtual Machine (zkVM). By integrating io.net's Infrastructure-as-a-Service (IaaS) solutions, Nexus plans to extend its network of validators, bridges, relayers, and oracles across various Web3 ecosystems. This collaboration is expected to significantly improve the efficiency of proof generation, reducing processing times for developers and businesses alike. Alex Fowler, Chief Strategy Officer at Nexus, described the partnership as “a pivotal step forward in advancing the capabilities of Nexus network.” He emphasised that combining their zero-knowledge proof technology with io.net’s decentralised compute infrastructure will create a more scalable and accessible proving solution for developers and users globally. Tausif Ahmed, Chief Business Development Officer at io.net, echoed this sentiment, stating that the partnership reinforces their commitment to powering innovative Web3 technologies. “Together, we’re enabling a decentralised and privacy-first future, where zero-knowledge proofs can thrive at scale,” he added. The integration of dedicated GPU computing resources will support Nexus's expansion while fostering a more interconnected and scalable Web3 ecosystem. At the time of reporting, the Nexus (NXS) price was $0.05074 and the io.net (IO) price was $3.20.
io.net Collaborates With Nexus to Boost Compute Power for Nexus Network
Nexus will be able to take use of an expanded network of validators, bridges, relayers, and oracles across web3 ecosystems. The collaboration will advance Nexus’s objective to make zero-knowledge proof services available to everyone. A network of decentralized physical infrastructure for GPU clusters io.net has announced a collaboration with Nexus , a blockchain that is committed to the development of the Verifiable Internet. Through the integration of io.net’s Infrastructure-as-a-Service (IaaS) platform, the partnership will improve the zero-knowledge Virtual Machine (zkVM) that Nexus has developed. This will advance Nexus’s objective to make zero-knowledge proof services available to everyone. In order to increase the amount of computing power that is accessible for proof generation inside the Nexus zkVM, the strategic alliance makes use of the extensive decentralized GPU infrastructure that io.net has. Nexus will be able to take use of an expanded network of validators, bridges, relayers, and oracles across web3 ecosystems by integrating the advanced IaaS solutions offered by io.net. The two businesses have collaborated with the intention of enhancing the scalability, dependability, and accessibility of zero-knowledge proving technology. With the help of this partnership, the computing capabilities of the Nexus network will be improved via the optimization of access to GPU clusters. This will help the Nexus network achieve its aim of developing the most powerful computer in the existence. Through collaborative efforts, io.net and Nexus will increase the amount of computational resources that are allocated to proof generation within the Nexus zkVM. This will result in improved performance and a reduction in lead times for both developers and businesses. Through the use of geo-distributed GPU clusters, io.net will be able to provide a decentralized, high-performance computation layer, which will ultimately enhance the Nexus network’s overall robustness and scalability. Nexus’s objective is to make prover services generally accessible, which will empower developers, decentralized apps, and organizations. The increased computational capacity coincides with this goal. It is anticipated that users of the Nexus network would experience quicker and more efficient creation of zero-knowledge evidence, which will facilitate the development of applications that prioritize privacy and scalability. Alex Fowler, Chief Strategy Officer at Nexus stated: “Our partnership with io.net marks a pivotal step forward in advancing the capabilities of Nexus network. By combining our zero-knowledge proof technology with io.net’s decentralized compute infrastructure, we’re creating a more scalable and accessible proving solution that will benefit developers and users globally.” Tausif Ahmed, Chief Business Development Officer at io.net, added: “Collaborating with Nexus reinforces io.net’s commitment to powering innovative web3 technologies. Together, we’re enabling a decentralized and privacy-first future, where zero-knowledge proofs can thrive at scale.” Through the partnership, the foundation for a web3 ecosystem that is more interconnected, verifiable, and scalable will be strengthened. Nexus will also be supported as it expands thanks to the availability of dedicated GPU compute, which will bridge the gap between innovative infrastructure and practical utility for web3 developers.
Filled orders
Delivery scenarios
