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io.net

World s largest decentralized GPU network

NY, NEW YORK, 11 JUN — io.net, the world s largest decentralized GPU network, today announced it expects to burn a minimum of 12 million $IO tokens over the coming year as part of its new Incentive Dynamic Engine (IDE) - a tokenomics model that permanently destroys tokens based on real customer revenue.

Description sourced from

  • coindesk.comOct 13, 2026

    “NY, NEW YORK, 11 JUN — io.net, the world s largest decentralized GPU network, today announced it expects to burn a minimum of 12 million $IO tokens over the coming year as part of its new Incentive Dynamic Engine (IDE) - a tokenomics model that permanently…”

Named in 3 pieces

  1. CEO Changes

    io.net Promotes Gaurav Sharma to Chief Executive

    io.net named its chief technology officer, Gaurav Sharma, chief executive on April 23, 2025, the same day it named co-founder Tory Green chairperson of the io.net Foundation.

    Apr 23, 2025
  2. CEO Changes

    io.net's Tory Green Trades the CEO Job for Foundation Chair

    io.net announced on April 23, 2025, that co-founder Tory Green would chair the io.net Foundation while chief technology officer Gaurav Sharma took over as chief executive.

    Apr 23, 2025
  3. CEO Changes

    io.net Names Co-Founder Tory Green Chief Executive

    io.net co-founder Tory Green took over as chief executive on June 9, 2024, two days before the network's token launch, after Ahmad Shadid stepped down, citing allegations about his past.

    Jun 9, 2024

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