io.net ($IO) is a decentralized computing network that allows AI engineers to access scalable distributed computing power. Massive Web3 investors are backing this huge Decentralized Physical Infrastructure Network (DePIN) project. And they have officially announced the launch of its $IO token on 28th April 2024. This may be accompanied by an airdrop for participants in both the network and Galxe. Here is our io.net ($IO) token airdrop guide.
Check out our step-by-step io.net ($IO) token airdrop guide!
What is io.net?
io.net, an enterprise-grade decentralized computing network, aggregates underutilized GPUs into a Decentralized Physical Infrastructure Network (DePIN) for AI/ML workloads. Its primary goal is to offer accessible compute resources at a reduced cost. Here are some main features of io.net.
- Decentralized Computing: io.net is building an enterprise-grade decentralized computing network to provide machine learning engineers with distributed cloud clusters at a lower cost.
- Mission and Vision: Their mission is to create the world’s largest AI compute network, with IO as the currency of compute, powering an ecosystem for accessible compute resources.
- Challenges and Solutions: They address challenges like limited availability, poor choice, and high costs in traditional cloud services by aggregating underutilized GPUs into a Decentralized Physical Infrastructure Network (DePIN).
- Core Functions: io.net supports batch inference, parallel training, hyperparameter tuning, and reinforcement learning, optimizing performance across a network of GPUs for AI/ML workloads.
io.net is backed by HackVC, Multicoin Capital, Sandbox, Delphi Digital and Aptos, among others.
How to get the io.net ($IO) token airdrop?
If you have limited GP resources, one simpler way of getting the potential io.net ($IO) token airdrop is to create a worker node and complete the Galxe tasks. However, we predict that you are likely to receive more airdropped io.net ($IO) tokens if you set up the worker node. Therefore, here’s our guide on how to obtain the io.net ($IO) token airdrop, specifically focusing on setting up the worker node for MacOS.
- Complete Galxe tasks
Go to io.net’s Galxe page and complete the tasks. These tasks not only involve following their social media pages but also getting Discord roles, as well as participating in their AMAs, completing daily tasks, and actively engaging on Discord for a specified number of days. Please note that you have until 30th April 2024 to complete these tasks2.
- Sign up on io.net
Go to. https://cloud.io.net/login and create an account. Then, on the homepage, hover over the “io/cloud” logo on the top left hand corner and click “Worker”.
- Set up worker
Firstly, on the homepage, hover over the “io/cloud” logo at the top left-hand corner and click “Worker”. Afterwards, click “Connect New Worker” at the top of the screen. Then, proceed by selecting your Operating System (for instance, Mac OS), Supplier, and finally, give your device a unique name and choose the device type.
- Download and set up Docker Desktop
Download Docker Desktop for MAC OS HERE. Afterwards, choose the recommended settings when prompted.
- Download and launch binary
On the Docker, click on “Containers” on the left hand side. Then, press the Command and Space keys on your keyboard to open the Terminal on your Mac. Paste each of the 3 commands on the webpage in step 3 above onto the Terminal and click “enter” after each one.
- Wait for setup
After copying and pasting the commands onto Terminal in step 5 above you will need to wait for the setup to complete. Click “refresh” periodically whilst you are waiting. It could take up for 48 hours for the set up to be completed.
- Check that your setup is complete.
To check that your setup is complete, type “docker ps” into your Terminal. If setup is completed the “CPU(%)” column will show a number. This number represents your CPU power.
- Set up payout account
Go to https://cloud.io.net/worker/earnings-and-rewards and set up a payout account to your Solana wallet such as Phantom Wallet.
Frequently Asked Questions (FAQs)
Here are the recommended specifications for setting up a Worker Node: Windows OS, Computer GPU (Graphics Card)- RTX 3050 or higher.
If your status does not say “Running” or the green icon is not showing up, go to the “Control Panel” and then “Programs”. Then turn the Windows features on or off (as the case may be). Afterwards, go to “Enable” and you will see several files, tick the following: (1) Windows Subsystem for Linux; (2) Virtual Machine Platform; and (3) Windows Hypervisor Platform. This is so that your computer can talk to io.net.
No, you do not need to complete KYC for participating in the potential io.net airdrop.
The process may take up to 48 hours. If set up does not work, you may need to clear the cache, delete all containers and images, and set it up again. To stop and remove containers, type “sudo docker stop $(sudo docker ps -a -q); sudo docker rm $(sudo docker ps -q)” into Terminal. Then, follow the steps in this io.net ($IO) token airdrop guide to repeat the setup process again.
Note we’ve heard of people repeating this process about 8 times before they were finally connected to io.net.
To clear the cache, delete all containers and images on io.net using MAC, type in “sudo docker stop $(sudo docker ps -a -q); sudo docker rm $(sudo docker ps -q)” on Terminal.
