Basem (@Basem_IO) header
Basem (@Basem_IO) profile picture

Co Founder of @ionet

Dubai, United Arab Emirates
Joined July 2023
Photo by Basem (@Basem_IO)Photo by Basem (@Basem_IO)Photo by Basem (@Basem_IO)Photo by Basem (@Basem_IO)Photo by Basem (@Basem_IO)Photo by Basem (@Basem_IO)Photo by Basem (@Basem_IO)Photo by Basem (@Basem_IO)Photo by Basem (@Basem_IO)Photo by Basem (@Basem_IO)
Basem retweeted
GPU Pricing - Why It’s Rising, Where It’s Heading & How the Industry Can Adapt xitter.cf/i/broadcasts/1aKbddNAq…
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Basem retweeted
DATA: @ionet has redesigned its tokenomics around the Incentive Dynamic Engine (IDE), launched in June 2026, which ties emission and burns directly to network earnings. The IDE pays suppliers a stable dollar target, funded first by emissions and then earnings when emissions fall short.
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Basem retweeted
Access to GPUs is key to succeeding in AI. Great ideas matter. Talented teams matter. Perfect product-market fit matters. But without accessible and affordable GPUs, even the most amazing projects can't succeed. Most data centers aren't ready for the exponential increase in demand. And the ones that are charge prices most people can't afford. That's why we're here: to increase access and affordability so everyone has a fair chance to bring innovative ideas to market. techradar.com/pro/barely-any…
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Basem retweeted
Up to 60% of an AI startup's budget goes to infrastructure costs. Not engineering. Not product development. Not sales or marketing. Infrastructure. But there's another way. Decentralized compute can cut costs by 70%. That can be the difference between bringing a killer product to market and turning off the lights. io.net/blog/gpu-cluster
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Basem retweeted
GLM-4.7 built by @Zai_org just dropped on io.intelligence LiveCodeBench: 84.9% Claude Sonnet 4.5: 64% Open source model outscoring Anthropic's flagship on coding benchmarks. The "Preserved Thinking" mechanism actually works for long agentic sessions. Read more: io.net/blog/glm-4-7-now-avai…
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Basem retweeted
Congrats to all $IO Nation members who participated in the Worker Setup Competition! 🎉 A special shoutout to our winners: 🏆 @CoinGudenCoban 🏆 @Luffyy081 🏆 @05mert11 🚀
$IO Nation, are you ready? It's time for the WINNERS of the Worker Setup Competition! Firstly - thank you to the #IOworkerarmy for sending the entries in, dozens of amazing setups, and was super hard picking the winners. However, after much consideration I've decided the TOP 3 Winners are: 1. @CoinGudenCoban 2. @Luffyy081 3. @05mert11 Congratulations on winning the 4090s! BUT that's not all. I've also decided I am going to personally buy and send all participants at least 100 IO for their contribution because everyone at $IO Nation is a winner. LFG 🚀
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Verifiable LLMs are here. Phala Network, @ionet and Engage Stack just jointly released Confidential Computing on nVIDIA Hopper GPUs: A Performance Benchmark Study. We analyzed the impact of Trusted Execution Environments (TEEs) on NVIDIA H100 & H200 Hopper GPUs for secure LLM inference. Here’s what we found.🧵 Blog link: bit.ly/TEEH200
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BIG announcement: the successful migration of DCENT's operations from LOTUS to CURIO software! 🎉 Our close collaboration with the CURIO development team has been instrumental in navigating this complex transition. Together, we've optimized hardware & fine-tuned configurations.
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See you guys tonight during ecosystem section !!
Quai Nation -- Join @QuaiNetwork for a Twitter Space Marathon celebrating the Golden Age Testnet going live! Featuring @mechanikalk, @0xalank, miners, ecosystem partners, and more. 📅 Tomorrow, Oct 15 at 11 AM CST Schedule: 🕚 11:00am: Kick off with @0xalank & @mechanikalk 🕚 11:30am: Node Wranglers & @Alphaworkshop1 🕚 12:00pm: Ecosystem partners: ⚡️ @Gaurav_ionet from @ionet. 🐨 @KobyLazar & @Yungshelly from @koalawallet. 🪙 @geoburke from @PortaltoBitcoin. 🕚 1:00pm: @dionyziz Set your reminders 👇⤵️ xitter.cf/i/spaces/1lDxLlNkRnQxm
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TARS AI launches its "Ecosystem Synergy" initiative with @ionet, slashing AI model training costs by 30% through 11,000 decentralized GPUs and CPUs. This partnership brings TARS' Consumer AI to the forefront—built for everyone from solo innovators to enterprises. Together, they’re reshaping AI and blockchain, accelerating the Web2-to-Web3 shift with scalable, affordable tech. Over the next six months, joint campaigns aim to onboard 1,000+ developers, setting a new standard for AI-driven growth in the blockchain space.
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Basem retweeted
Today, ionet's SVP of Engineering, Aline Almeida, presented how ionet leverages @raydistributed to cluster GPUs at #RaySummit2024
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Basem retweeted
This week @ionet hit $15k in daily GMV, and is approaching 1.3m hours in total compute hours served. This was a landmark goal for @ionet just a couple of months ago, and now we’re here. But…Probably nothing 👀 Keep an eye on the explorer page to see where we get to: explorer.io.net/explorer/clu…
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Upcoming $IO Staking ​ The @ionet team just unveiled an exciting new development: ​ The highly awaited $IO staking program! ​ Here's the scoop: ​ ▷ Minimum 200 $IO / multiplier ▷ Each GPU gets a unique multiplier (M) from 1-10, based on its capabilities (<1 will be rounded to 1) ▷ For multi-GPU devices (N), the total stake value is calculated as M x N x 200. ​ P.S. Please note that the numbers and staking mechanisms may change upon the final release of the staking program ​ ... ​ — 📌 | One Pager ... ​ — 📌 | The Final Piece for Securing The IOG Network ​ The staking mechanism rewards devices that meet the minimum staking threshold with block rewards. ​ Although development is still in the early stages and ongoing improvements will be made, this represents the final piece of security measures to prevent GPU spoofing and ensure IOG network stability whilst rewarding the providers and $IO stakers. ​ $IO staking is designed to be fair and transparent. Block rewards are allocated hourly and will be periodically released. ​ ... — 📌 | Unstaking & Withdrawal ​ The unstaking process ensures participation is always rewarded: ​ ➡️ Unstaking Period A 14-day period during which the device is ineligible for Block Rewards and cannot be restaked until the period is complete. ​ ➡️ Immediate Withdrawal If your stake exceeds the Minimum Withdrawal Requirement (currently 16,000 $IO), the surplus amount is immediately withdrawable, while the rest undergoes the 14-day cooldown. ​ ... ​ — 📌 | Slashing ​ Slashing is manually enabled for devices detected as fake. Slashed $IO tokens will be burned. ​ There is a 1-month dispute process for slashed tokens. If the flagged provider believe that their device has been incorrectly identified, they can open a support ticket for review and dispute resolution. ​ ... ​ — 📌 | When? ​ Staking will be rolled out in multiple phases and currently in the development phase stage 2. ​ In Phase I, only device owners can stake to their own devices. In Phase II, IONet plan to allow non-node operators to stake $IO and earn rewards. ​ ... ​ — 🔴| Disclaimer ​ The information provided in this post is not intended as professional financial or tax advice, and we strongly recommend conducting your own research and consulting with a qualified advisor before making any financial or tax-related decisions.
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🟣 Top 10 DePIN Projects by 24H Trading Volume on @solana 🚀 🥇 @ionet: $170.1M 🥈 @rendernetwork: $154M 🥇 @PowerLedger_io: $19.1M @helium: $14.7M @helium_mobile: $3.3M @nosana_ai: $1.4M @GenesysGo: $693K @Hivemapper: $617K @Media_FDN: $56.7K @HeliumFndn: $47K Can't wait to see these numbers continue to grow! 🔥 #CoinNerd #Solana #DePIN
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Basem retweeted
$IO is live on @BithumbOfficial.
🚀 아이오넷(#IO) 원화 마켓 추가 안내 New Listing : $IO will be added to the KRW market today. For more details 👉 feed.bithumb.com/notice/1644… #bithumb #Listing #KRWmarket #io_net @ionet
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Basem retweeted
We're incredibly excited that our Podcast with @DefiantNews is out. Listen to how @MTorygreen CEO of @ionet aims to disrupt the tech industry and solve one of it's biggest challenges. Watch the video now on YouTube and comment below for any questions! #ionet
Disrupting The Status Quo: How @ionet Challenges Big Tech's AI Dominance Watch now! youtu.be/PMCebqCcUFo 0:00 What Is io.net? 3:13 @MTorygreen 7:52 @blackbit's Departure 12:34 io.net Stats 20:45 Competitors 22:38 Participation 31:20 $IO Token 35:30 AI x Crypto 43:40 DePIN 45:45 io.net Vision
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Basem retweeted
We are thrilled and honored to be featured on @TechCrunch's list of unicorn startups for 2024! 🦄🚀 Check out the full list and join us in celebrating this milestone. Thank you for the continued support! In the mean time, always DYOR & stay informed. Let's keep building! 🦾 techcrunch.com/2024/08/05/38… #UnicornStartups #TechCrunch #ioNet
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AMA of @ionet with @HouseofChimera 🔹What has @ionet been developing over the past few months, and what specific challenges does decentralized computing face? 🔸This AMA will be on the Discord of @ionet: discord.gg/HRhH5hdk 📅07/08/2024, 4 PM UTC (6 PM CEST)📅
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Just revamped my @ionet Dynamic Ecosystem Map! ➡️ 40+ Partners in the IONet Ecosystem ➡️ Added @SharpeLabs and @GamerHashCom Exciting updates on the horizon: ➡️ $IO Staking ➡️ DePIN-Fi integration ➡️ Something brewing with @movementlabsxyz I will not fade this one, NFA + DYOR
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