Aptos enters DePIN with io.net

DePIN 1.1

Good day Aptos Community :wave:

As you know, the news and developments never stop with Aptos.
Always growing, always expanding.

The article below entitled “DePIN: An Emerging Narrative” by Binance Research published on Jan 31, 2024 goes in depth into how Decentralized Physical Infrastructure Networks are becoming a subject of much importance. The goal of DePIN is to allow more efficient scaling trajectories with infrastructure related projects that use blockchain technology. In other words, these are blockchain protocols that build, maintain and operate physical hardware infrastructure in an open and decentralized manner.

One of the latest partnerships that Aptos has embarked on is with io.net which is a DePIN focused project that has a state-of-the-art Cloud decentralized computing network which allows machine learning engineers to access scalable distributed clusters at a small fraction of the cost compared to other services that are centralized.

Aptos Labs was part of the Series A round in funding io.net, with Aptos Founders Mo Shaikh and Avery Ching as two of the industry leaders involved in moving this project forward.

io.net is aiming to become the largest decentralized GPU network in the world in order to help with the growing issue of AI compute shortage.

Check out more about this exciting partnership in the links below :arrow_down_small:

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Nice. Keep building

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Well composed article

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gogogogogogogog :grinning:

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Thanks for the information

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@Angel always coming in with the sauce!! Really excited with where Aptos is headed considering all these partnerships that are emerging.

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very good stuff, congratulations to the team

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good development

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amazingly great something

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very good :+1:

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Good info!

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I loved this read.

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DePIN as a sector seems to be getting some traction and Aptos is jumping on the narrative. Nice.

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ionet ist one of the most promising DePIN projects and they will also work closely with Rendr Network. Great partnership for Aptos!

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Like me pls ,:heart::rose:

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wow, bullish!! thought io-net is :100: Solana

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Had no idea Aptos was also involved in this

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Good one :+1:

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