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REGULATION
by
10 months ago

IO.NET CEO resigned just 2 days before IO token's first trading day on June 11

2024-06-10

REGULATION
by
10 months ago

 

IO.NET co-founder and CEO Ahmed Shadid has announced his resignation from CEO role.


 

SHADID | $IO™ on X: "$IO Nation, Today I am stepping down as the CEO of https://t.co/pI9FcfdM87, effective immediately. io>ney has grown to be one of the fastest growing decentralized AI companies in the world. After careful consideration, I have decided that it is in the best".




On June 9, 2024 Ahmed Shadid stepped down from CEO, effectively immediately, handing the reins to Tory Green.

 

Tony Green, the COO and co-founder of IO.NET will take over as the CEO.

 

Shadid confirmed that IO.NET will continue its operation. His stepping down as CEO to allow IO.NET move forward without distraction and to focus on its growth and success.

 

IO.NET is a decentralized AI computing and cloud platform. It lets users purchasing or supplying underutilized GPU computing power, deploying GPU clusters.

 

IO is the native utility token of io.net and it is SPL token on Solana.

 

IO will join AI token category. IO token will be start trading on June 11, 2024 at 12:00 (UTC) on Binance. 

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