Odaily News According to a research report released by Binance Research, io.net has raised $40 million through two rounds of private placements, with a latest valuation of $1 billion. The initial token supply distribution of IO is as follows: Early supporters - Seed round sales accounted for 20%; Early supporters - Series A round sales accounted for 16.24%; Initial core contributors accounted for 18.14%; R&D and ecosystem accounted for 25.61%; Community accounted for 16%; Binance Launchpool accounted for 4%.