io.net kicked off February with continued momentum. With new strategic partnerships, exciting product launches, and sustained platform performance, our outlook for long-term success is stronger than ever.

Below is a detailed overview of our key achievements across multiple categories:

• Revenue
• Partnerships
• Product
• Engineering
• Community
• Operations
• People

A detailed breakdown is below.

Revenue

Annualized Total Network Earnings (TNE) reached $33.5M in February, with average daily TNE rising from $65.0K to $69.0K. Cumulative network earnings grew from $6.6M to $8.5M, reflecting steady growth.

While market conditions have influenced the pace of growth, demand for compute remains strong. Our sales pipeline continues to expand, with a mix of Web3 and enterprise opportunities progressing through due diligence. Several larger deals are expected to close in the coming months, contributing to sustained momentum.

Additionally, new partnerships with GAIB, Gaia, Oasis, and Orbit are further strengthening our ecosystem, reinforcing io.net’s role as the leading decentralized compute network.

Partnerships

In February, we established six new collaborations across the decentralized AI ecosystem, bringing our total to 91.

These partnerships cover use cases across DeFI agents, privacy-focused blockchain infrastructure, foundational models, and GPU tokenization:

Major partnerships announced in January include Orbit, Oasis, Gaianet, Rivalz and GAIB. More details below:

Orbit

In our partnership with @orbitcryptoai, we’re enhancing on-chain transparency for AI agents. io.net will provide Orbit users with the optionality to run AI agent workloads on decentralized GPU clusters.

By logging the actions and decisions of AI agents operating on our decentralized GPUs, this collaboration paves the way for secure, automated finance and a more transparent DeFAI ecosystem.

Oasis

We’re excited to announce our partnership with @OasisProtocol

to accelerate decentralized, private, and verifiable AI. Oasis is pioneering ‘confidential computing’ in crypto and AI, allowing builders to train and deploy models while ensuring that their data remains verifiably secure. Through the partnership, io.net is providing the compute resources Oasis needs to power TEE-enabled operations.

Gaianet

Our collaboration with @Gaianet_AI empowers Gaia’s AI agents by integrating our scalable GPU clusters. This partnership boosts inferencing efficiency and speeds up model processing, enabling a more responsive and robust decentralized AI agent network.

Rivalz

This month our partner @Rivalz_AI launched ROME — a Swarm protocol that brings projects together as agent collectives. With our decentralized compute powering large-scale agent coordination, AI agents will be able to manage and allocate computing resources to complete tasks.

Product

February saw continued momentum across our core product suite, further enhancing the platform’s scalability and performance. Key developments include updates to IO Intelligence, BC8, and successful deployment of Co-Staking V2.

More details below:

IO Intelligence

Launched in mid-February, IO Intelligence is our fully managed model serving infrastructure designed for community members, developers and businesses.

Since its debut, we’ve observed steady growth and strong user interest. Having laid the foundational pieces with Intelligence V1.0 Launch (30+ hosted models and 8+ agents), we will begin adding complex functionalities like RAG, Agentic framework and workflow builder to make IO a complete stack from compute to deploying models/ agents.

This evolution marks a crucial step toward realizing our vision of an “Decentralized AI Supercloud.”

Co-Staking Marketplace (Staking V2.0)

We successfully deployed our Co-Staking Marketplace (Staking V2.0) to production on February 19th. The launch exceeded expectations — every staking offer was consumed within the first 47 minutes.

This initiative not only expands access to $IO staking but also encourages ethical behavior by providing transparent information on device performance and reliability, strengthening the entire io.net ecosystem.

TNE on chain

We successfully completed the smart contract audit phase for TNE on chain and have begun testing backend prior to Go Live. With the added complexity of showing real-time cashflows on chain, we feel our approach to TNE on chain the security elements we have deployed for the same are an industry first.

Engineering

February marked another month of solid technical performance and growth. We delivered a cumulative 9,106,043 compute hours — a clear indication of continued demand and our commitment to scalability.

Although the average cluster creation time extended slightly to 2 minutes and 10 seconds, our clusters maintained a strong average stability of 98.63%.

User feedback continues to be a vital channel for product improvement, achieving a 91% average CSAT score in February. We’re confident that efforts to optimize support and new self-service tools for complex deployments will continue to improve UX for customers in the coming months.

These engineering milestones highlight our dedication to enhancing product performance and adapting our infrastructure to evolving workloads.

Community

February was an active month for the io.net community, with engagements across multiple regions. At Consensus HK, the io.net team had a busy week across 10+ DeAI-related side events, partner meetings and discussions with demand-side prospects. These engagements continue to reinforce our leadership within the AI and crypto ecosystem while expanding our pipeline of future collaborations.

At ETHDenver, we participated in several speaking engagements, a podcast feature, and sponsored The Tie’s Innovate conference. These activations facilitated deep discussions with developers, researchers, and partners across web3 and AI.

In Korea, io.net hosted a well-attended community meet-up in Seoul, live-streamed on Discord to engage a broader audience. The team continued to build regional engagement through AMA sessions and participation in weekly Korea Super Team calls, ensuring io.net ’s presence remains strong in one of the fastest-growing AI and blockchain markets.

Operations

Our global team remains tightly connected through bi-weekly Demo Days and All-Hands meetings that keep us focused on our 2025 goals and provide transparency on our roadmap. In February, we also introduced team kudos and MVP nominations to recognize outstanding contributions and reinforce io.net ‘s core values.

People

In February, we expanded our team with talent across tech, design, product, and revenue. Our new tech hires bring both seasoned expertise and emerging skills — including backgrounds from Nvidia — while our design and product teams add creative and strategic firepower.

These new additions are already propelling our 2025 roadmap. With our momentum building, io.net is set to redefine the future of AI infrastructure. Stay tuned for more breakthroughs!

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