New York, United States, March 28th, 2024, Chainwire
March 19, 2024 –– io.net is delighted to announce the appointment of Garrison Yang as its Chief Strategy and Marketing Officer. The newly-appointed Yang will be responsible for guiding the growth, strategy, and marketing operations of the DePIN’s core products, catering to its customers, and expanding its global community.
Garrison Yang brings a wealth of experience to the blockchain-based network, having previously served as Ava Labs’ Vice President of Growth. The experienced executive also held roles at Incredible Health, Meta, Monotype, and Engie, and has served as an advisor to a range of web3 startups; his diverse experience and a proven track record in strategic growth make him a valuable asset to the io.net team.
At io.net, Yang will play a key role in advancing the network’s mission to democratize access to GPU compute capacity. His leadership comes at a significant time for the DePIN, following its parent company IO Research’s completion of a $30 million Series A funding round, which attracted investment from Hack VC, Solana Labs, and OKX.
“Compute is digital oil and io.net is building an ecosystem around IO as the petrodollar, starting with io.net Cloud.” said Yang. “The potential of decentralized GPU clusters to transform how AI and ML operations access compute cannot be underestimated. I look forward to helping io.net continue to accelerate towards our vision of building the largest decentralized compute network in the world.”
Built on Solana, io.net recently became the first cloud service to support Apple silicon chip clustering for machine learning applications and has had over 100,000 nodes join the network. It is currently running a rewards program, Ignition, which rewards users based on their contribution of GPU capacity to the network. The Ignition program will run until April 28, which is the expected launch date of io.net’s native token, IO.
About io.net
io.net deploys and manages on-demand, decentralized GPU clusters in the IO Network, a decentralized physical infrastructure network (DePIN) of geo-distributed GPUs from multiple sources. Hundreds of thousands of GPUs are accessible today in IO Network, and this Internet of GPUs is specifically architected for low latency, high processing demand use cases like AI/ML ops and cloud gaming. io.net democratizes access to GPU compute capacity while reducing costs, expediting lead times, and expanding choice for engineers and businesses. Access compute capacity for a fraction of the cost or become a capacity supplier at https://www.io.net.
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