io.net and Injective are teaming up to power the future of DeFi and AI on the Injective network.
Decentralized physical infrastructure network io.net (Io) will help achieve this by expanding its decentralized GPU computing network to Injective (Eng). The Injective team announced the development via a Blog post It is January 14th.
Depending on the platform, the integration is live and io.net now supports DeFAI developers on the INJ network.
The DePIN market currently stands at around $32 billion, and io.net is one of the leading projects in this sector in terms of market capitalization. The most important projects in this sector include Render, Filecoin, Theta Network, and The Graph. per crypto.news dataThe market capitalization of io.net is US$393 million as of January 14, 2025.
Meanwhile, the market value of AI and AI agents is $13 billion and $44 billion, respectively. Backed by leading venture capital firms such as Jump Crypto and Pantera Capital, Binance Injective has a market capitalization of $2.03 billion. Injective is a blockchain for DeFi, real assets, and AI.
By developing decentralized computing and artificial intelligence on the blockchain, io.net and Injective open up the web3 space for creators, taking advantage of available tools. Injective's iAgent framework And o.net's decentralized GPU network.
In December 2024, injected and ether Announce Great collaboration introduced premium GPU compute resource allocation.
The initiative involves converting GPU resources into tradable tokens on Injective. This means that developers, researchers and companies can access computational resources at more flexible and cost-effective prices within the AI ecosystem.
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