io.net, a decentralized AI compute platform, has reached a significant milestone by surpassing $20 million in total network earnings since its launch in July 2024. The platform offers cost-effective GPU compute power through a distributed network, positioning itself as an alternative to traditional cloud services. Notable adopters include Canva’s Leonardo AI and UC Berkeley, highlighting its appeal to developers and enterprises seeking transparent and affordable infrastructure. The platform has distributed over 49 million $IO tokens to more than 101,000 unique workers, underscoring its economic impact. This achievement comes on the heels of a grant initiative by the IOG Foundation, which plans to distribute 20 million $IO tokens to foster AI innovation.