The world of decentralized artificial intelligence (AI) and blockchain-powered cloud computing is rapidly expanding, and Binance is at the forefront by introducing its 55th new coin mining initiative. Users can now participate in mining IO.NET (IO), a promising project built on the Solana network, using BNB and FDUSD. This limited-time opportunity offers early access to IO tokens before they officially go live on the exchange.
👉 Discover how to maximize your crypto mining rewards today.
What Is IO.NET (IO)?
IO.NET (IO) is a decentralized AI computing and cloud infrastructure platform designed to revolutionize how machine learning models are trained and deployed. By leveraging underutilized GPU power across a distributed network, IO aims to provide scalable, cost-effective, and censorship-resistant computing resources for developers and AI researchers.
With an initial total supply of 500 million IO tokens and a maximum cap of 800 million, the project ensures scarcity while allowing room for future ecosystem growth. The initial circulating supply stands at 95 million IO (19% of total supply), with 20 million IO (4%) allocated specifically for this mining event.
How to Participate in IO Mining
Binance users can begin staking their BNB or FDUSD starting June 7, 2024, at 08:00 (UTC+8). The mining window lasts for four days, ending on June 11, 2024, at 07:59 (UTC+8). Rewards are distributed hourly based on each user’s average holdings during snapshot intervals.
Mining Pool Allocation
- BNB Mining Pool: 17,000,000 IO available (85% of total mining rewards)
- FDUSD Mining Pool: 3,000,000 IO available (15% of total mining rewards)
Each pool has individual hard caps per hour:
- BNB Pool: Maximum 17,708.33 IO per hour
- FDUSD Pool: Maximum 3,125 IO per hour
These limits ensure fair distribution and prevent dominance by large stakeholders.
Key Participation Rules
- Hourly snapshots determine reward allocation.
- Rewards are credited hourly and can be withdrawn to your spot account anytime.
- Annualized yield rates update in real time for both pools.
- You may freely transfer funds between pools but cannot stake the same asset in multiple pools simultaneously.
- At the end of the mining period, all remaining assets and unclaimed rewards will automatically return to your spot wallet.
- BNB held in BNB Vault or flexible savings products will automatically qualify for mining unless used as collateral for loans.
Upcoming Token Listing
Binance will officially list IO.NET (IO) for trading on June 11, 2024, at 20:00 (UTC+8) — making it the first exchange to do so. Trading pairs will include:
- IO/BTC
- IO/USDT
- IO/BNB
- IO/FDUSD
- IO/TRY
The listing follows Seed Tag trading rules, which may affect early trading accessibility for certain users.
Geographic Restrictions & KYC Requirements
To comply with global regulations, participation in this mining event requires successful identity verification (KYC) and excludes users from specific jurisdictions.
🚫 Restricted Regions Include:
- Australia
- Canada
- Cuba
- Crimea Region
- Iran
- Japan
- New Zealand
- Netherlands
- North Korea
- Syria
- United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, U.S. Virgin Islands)
- Non-government-controlled areas of Ukraine
This list is subject to change based on evolving regulatory landscapes.
Important Notes
- While mining rewards accrue hourly, only fully completed hours count toward final distributions.
- Assets staked in BNB Vault or flexible savings are automatically included in the BNB mining pool.
- If multiple Launchpool projects run concurrently, BNB from savings products is evenly split unless otherwise specified.
- Users managing copy trading portfolios can enable new IO trading pairs via Spot Copy Settings > Personal Trading Pair Preferences.
Why IO.NET Matters in the AI Blockchain Space
Decentralized AI infrastructure addresses one of the biggest bottlenecks in modern AI development: access to affordable GPU clusters. Traditional cloud providers dominate this space with high costs and centralized control. IO.NET disrupts this model by aggregating idle GPUs worldwide into a peer-to-peer marketplace secured by blockchain technology.
This aligns perfectly with growing demand for open-source, transparent, and permissionless AI development tools — a trend accelerating in 2025.
👉 Learn how decentralized networks are shaping the future of AI innovation.
Core Keywords
- IO.NET mining
- Binance new coin mining
- IO token launch
- decentralized AI platform
- Solana-based crypto
- BNB staking rewards
- FDUSD yield farming
- crypto launchpad 2025
Frequently Asked Questions (FAQ)
Q: When does IO.NET mining start and end?
A: Mining begins on June 7, 2024, at 08:00 UTC+8 and ends on June 11, 2024, at 07:59 UTC+8.
Q: Can I use both BNB and FDUSD for mining?
A: Yes, you can stake either BNB or FDUSD in their respective pools. However, each asset can only be used in one pool at a time.
Q: Will my BNB in savings products automatically join the mining?
A: Yes, BNB held in BNB Vault or flexible savings will automatically participate unless it's being used as loan collateral.
Q: How are rewards calculated?
A: Binance takes multiple random snapshots every hour to calculate your average balance. Rewards are distributed hourly and can be claimed instantly.
Q: Is KYC required to join?
A: Yes, all participants must complete identity verification and must not reside in any restricted country or region.
Q: What happens after the mining period ends?
A: All staked assets and any unclaimed IO rewards will be automatically returned to your spot wallet.
Binance continues to lead the industry in offering innovative opportunities for users to engage with emerging blockchain projects. With IO.NET’s focus on decentralized AI infrastructure, this launch represents more than just another token listing — it's a step toward democratizing access to powerful computational resources.
👉 Start exploring next-generation crypto mining opportunities now.