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Today's topic --- $IO
Before we start the topic, just a quick mention: those holding $Surplus tokens, you might want to check out IO's data to estimate roughly how much your Surplus is worth in market value—within a reasonable range.
Long story short:
IO is the popular AI relay station concept that everyone talks about, whether it's private individuals, institutions, or large mining farms. They can all give their GPUs to IO's official team, and users pay to use it, with IO taking a transaction fee.
Key point: Currently, IO's daily income is about 1WU (this is income, not trading volume), earning only 0.25% of the transaction volume as fee. That means daily trading volume is roughly a few hundred WU.
At present, IO's monthly income is about 30WU, but IO has a team, so this fee must also cover operational expenses.
Currently, IO's GPU providers (suppliers): over 300,000 units, covering more than 138 countries.
And IO's market cap: only 57 million USD in circulating supply.
Just a side note: Surplus's current daily website trading volume is about a few hundred USD. If we assume a fee of 0.25%, similar to IO, and estimate conservatively at 1,000 USD, daily income would be 2.5 USD... and monthly income around 70-80 USD...
Earlier, IO's monthly income was over 30WU, and it currently has a market cap of only 57 million USD. I don't understand why people are so FOMO about this token...
IO hasn't rebounded much yet, but now its business is taking shape, and profits are starting to come in. It’s probably a good indicator for the next bull market.
If we calculate based on the current price of 0.17 USD, it feels like after the next bull run, combined with continuous expansion of its own business, it could multiply dozens of times.
$VVV 's rapid rise is also because the protocol's revenue has skyrocketed now.