Bitget Announces PoolX Listing of IO Net (IO) to Boost Decentralized ML Application Development
Press release
Victoria, Seychelles, June 11, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the latest offering on its
PoolX staking platform: IO Net (IO). This listing marks another step forward in Bitget's mission to provide innovative and high-yield opportunities for its users.
IO Net is a decentralized computing network that supports the development, execution, and scaling of machine learning (ML) applications on the
Solana blockchain. By leveraging the world's largest GPU cluster, IO Net allows ML engineers to access distributed cloud service computing power at a fraction of the cost of centralized services. With a verified node count of 52,981 and an anticipated airdrop reaching at least 50,000 participants, IO Net aims to revolutionize the landscape of AI computing.
Since its inception, IO Net has raised $30 million in funding, led by Hack VC and backed by prominent investors such as Multicoin Capital, 6th Man Ventures, M13, Delphi Digital, Solana Labs, Aptos Labs, and Animoca Brands. This funding will support the development of the largest decentralized GPU network to address the global shortage of AI computing resources.
IO has a fixed supply of 800 million tokens, with 300 million tokens gradually emitted for suppliers and stakers who contribute to
io.net's decentralized AI computing network. Rewards will be distributed over a 20-year period, starting with an 8% deflation rate in the first year and decreasing gradually until the 800 million cap is reached. Through PoolX of Bitget, the IO token can enlarge the distribution of IO to a larger community, thereby promoting the decentralization of the network.
PoolX, Bitget's cutting-edge staking platform, continues to revolutionize the crypto landscape by distributing rewards hourly based on staked amounts. Unlike most decentralized staking products, PoolX allows users to effortlessly earn popular tokens by staking stable and trusted cryptocurrencies such as BGB,
BTC, ETH and USDT. Since its debut on April 8, PoolX has launched over 20 high-profile projects, offering an annual percentage rate (APR) ranging from 10% to 45%, enabling users to accumulate substantial earnings within the high upper staking limit.
With IO Net's listing on PoolX, Bitget users can now stake their mainstream cryptocurrencies and earn IO tokens, contributing to the growth of decentralized machine learning solutions. This new listing underscores Bitget's commitment to offering innovative financial products that cater to the evolving needs of the crypto community.
About Bitget
Established in 2018,
Bitget is the world's leading
cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the
Bitget exchange is committed to helping users trade smarter with its pioneering
copy trading feature and other trading solutions. Formerly known as BitKeep,
Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel
Messi and official eSports events organizer PGL. For more information, visit:
Website |
Twitter |
Telegram |
LinkedIn |
Discord |
Bitget Wallet For media inquiries, please contact:
media@bitget.com
2024-06-11
Bitget Partners with Three Turkish National Athletes under the #MakeItCount CampaignHow to buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade nowRecommended
Press releaseBitget Debuts GetClaw, a Zero-Install AI Agent Built for Instant Market Insights Victoria, Seychelles, March 11, 2026 — Bitget, the world’s largest Universal Exchange (UEX), has unveiled GetClaw, the world’s first installation-free autonomous AI trading agent. Built on the widely adopted OpenClaw framework, GetClaw removes the technical friction that has historically separated traders from advanced AI tools. No downloads, no configuration, and no infrastructure management are required, with activation within seconds. The release arrives as OpenClaw has captured global atten2026-03-11
Press releaseBitget February Report Highlights 86% BTC Yearly Reserve Growth as TradFi and AI Trading Infrastructure ExpandsVictoria, Seychelles, March 10, 2026—Bitget, the world's largest Universal Exchange (UEX), has released its February 2026 Transparency Report, highlighting strong capital inflows, expanding Bitcoin reserves, and new AI-driven trading infrastructure as the platform continues to advance its Universal Exchange (UEX) strategy. During the month, Bitget recorded $205.95 million in net inflows, ranking third globally among centralized exchanges as per DefiLlama. The performance placed Bitget ahead of2026-03-10
Press releaseBitget Wraps Up International Women's Day Campaign Celebrating Women Shaping Web3Victoria, Seychelles, March 11, 2026 — Bitget , the world’s largest Universal Exchange (UEX), wrapped up its International Women's Day campaign with a week of conversations, community events, and industry reflection centered on a simple but powerful theme; challenging bias and opening the door wider for women in Web3. Running across online platforms and seven global regions, the campaign carried a consistent message. The future of blockchain will be shaped by those who show up, speak up, and bui2026-03-11
We offer all of your favorite coins！
Buy, hold, and sell popular cryptocurrencies such as BTC, ETH, SOL, DOGE, SHIB, PEPE, the list goes on. Register and trade to receive a 6200 USDT new user gift package!
Trade nowHow to buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now