io.net thesis: largest GPU network, rising daily earnings and agent demand

25 Nov 2024Quote184 words

Bullish call$IO−94%since this piece, moved against the callHow it played out ↓

Argues decentralized GPU networks are a key innovation of the cycle, with io.net the largest, offering geo-distributed clusters on Solana rails. Expects agents paying for their own compute to add demand and daily network earnings to rise.

Key claims

Only solution allowing geo-distributed clusters

Sees daily earnings reaching $50k-$100k in December

Daily earnings rose from $1.2K in June to $31.2K in November (quoted data)

Decentralized GPU networks are one of the major innovations this cycle has brought us. As the AI industry faces a global GPU shortage, efficient marketplaces for liquid compute are crucial. $IO is the largest GPU network in the world, aggregating otherwise idle GPU resources, and providing permissionless access to high-performance compute through an easy-to-use UI. Using @ionet, anyone can spin up geo-distributed clusters (only solution in the market that allows for this) with industry-leading cost efficiency. With @solana acting as a coordination layer and the payment rails, $IO not only empowers builders by democratizing access to institutional-grade GPUs, but also leads us into a new era of composable on-chain innovation. Will elaborate on this in more detail soon, but as AI agents take over onchAIn activity, they will also turn into a huge demand factor for $IO. Soon, we will see autonomous agents use the platform to pay for their own compute, and you‘re not ready for what that means. With adoption on the rise already and average daily network earnings up only, the future looks brighter than ever. Easy $50k-$100k in December. Accelerate.

QUOTING @MTorygreen
.@ionet's Average Daily Network Earnings: • June: $1.2K • July: $2.8K • August: $3.8K • September: $13.0K • October: $16.7K • November: $31.2K • December: 👀 $100k next? Heads down, we keep buidling… Can’t stop the #IOArmy t.co/5G7I5GSeo2

Open on X

How the call played out · since 25 Nov 2024

Prices as of 23 Oct 2026

This piece takes a view on $IO, so that move is read against the call.

$IOio.netBullish thesis

Amid a GPU shortage, io.net is the largest GPU network and the only one with geo-distributed clusters, with agents adding compute demand.

−94%

Moved against the call · over 23 months

At publication: $2.76
Now: $0.158
vs BTC: −93%
After 1 month: +16%
After 3 months: −49%
After 1 year: −91%
High since: +53% 14 Dec 2024
Low since: −97% 06 Apr 2026

Since then

Zero has written 19 more pieces on io.net and $IO since this one.

16 Jul 2026io.net IDE tokenomics: #1 revenue DePIN at 5.3x MC/ARRBullish call on $IO
25 Aug 2025DeAI as crypto's endgame: compute, agents and autonomous economiesOn io.net
23 Jul 2025Why decentralized compute solves the startup GPU cost squeezeOn io.net
21 Jul 2025Big compute is cracking: summary of the DeAI case against centralized cloudOn io.net

io.net hub $IO hub

Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish call in a thesis or market take is tracked; explainers, lists, maps and mentions are neutral context. Not financial advice.

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io.net thesis: largest GPU network, rising daily earnings and agent demand

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