IO.NET Token Economics: Initial Supply 500 million
On June 6th news, the token economics of the decentralized artificial intelligence computing and cloud platform IO.NET (IO) is as follows: The maximum supply of IO tokens is fixed at 800 million. 500 million IO tokens will be distributed at launch, and the remaining 300 million tokens will be issued and paid as rewards to suppliers and their pledgers, which will happen every hour. Rewards are issued to suppliers and their pledgers on an hourly basis for 20 years. Rewards follow a deflationary model, starting at 8% in the first year and decreasing by 1.02% per month (about 12% per year) until the $800 million IO cap is reached.