io.net wallet

What is io.net (IO)?

io.net pulls GPUs that already exist - independent data centres, mining facilities, individual machines - into clusters that machine learning teams can rent by the hour instead of queuing for capacity at a large cloud provider. IO is the token of that marketplace: compute is paid for with it, and the suppliers who lend their hardware are paid through it.

The token lives on Solana as an SPL token and nowhere else. Anything offering IO on an EVM chain is either a bridged wrapper or an unrelated token borrowing a very short ticker, and short tickers get borrowed often - check the mint, not the letters. Holding it follows normal Solana rules: the token sits in an associated token account tied to your main address, created the first time IO arrives, and that account holds a small amount of SOL as rent deposit for as long as it exists. Transaction fees are paid in SOL too, in fractions of a cent, so a wallet with an IO balance and no SOL at all cannot move anything.

Supported networks in Tangem (1): Solana. The SOL that covers rent and fees sits in the same wallet as the IO, and signing is a tap of the card against the phone - no cable, no battery to keep charged, nothing to boot up first. That matters for a token you may send out in small amounts whenever compute gets paid for, which is exactly the rhythm IO was made for.