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The DePIN project under Solana has announced the issuance of 800 million IO tokens for its new digital currency, aimed at revolutionizing the cloud computing landscape. The IO token will serve as the backbone of a decentralized cloud computing network, facilitating the building, training, and deployment of machine learning models on the blockchain. The IOG Network, or Internet of GPUs, will allow for a democratized distribution of computing resources, promoting innovation in various computing-intensive fields.
