AIOZ Network (AIOZ): Web3 Storage & Streaming Redefined

The demand for digital content seemingly grows by the day, from video on demand to live streaming and more. Until recently, however, there hasn’t been a scalable and dependable solution that accommodates the needs of all digital content creators. However, AIOZ Network launched recently as a complete digital content solution that addresses bandwidth resources and other various needs in this important space.

Key Takeaways:

• AIOZ Network is a distributed content delivery platform that offers solutions for content delivery, web3 video hosting and file storage.

• It provides a comprehensive solution for storing and delivering content, utilizing several key features in order to meet growing challenges in the digital content space.

• Looking to trade AIOZ Network tokens? Bybit now offers the AIOZ/USDT Spot trading pair. To celebrate this listing, Bybit is holding two exclusive events where you can earn a share of the 760,000 AIOZ + 50,000 USDT prize pool.

What Is AIOZ Network?

AIOZ Network is an innovative distributed content delivery network that leverages blockchain technology to enhance web3 video hosting and file storage services.

Unlike conventional descriptions, this network goes beyond mere content delivery. It integrates advanced AI computations and smart contract functionalities. These cutting-edge capabilities provide a more efficient, secure, and decentralized approach to content distribution and storage, aligning with the evolving demands of digital media and web3 requirements.

Its platform runs on Cosmos and uses the Ethereum virtual machine (EVM) to support the smooth transfer of digital assets and data across numerous blockchain ecosystems. The platform is compatible with numerous smart contract languages, including WebAssembly (Wasm), Solidity and others. This enhances the accessibility of bandwidth resources, data and assets. 

AIOZ Decentralized Content Delivery Network (dCDN) maintains affordability for media streaming and file storage, and the AIOZ Network uses global computing resources and peer-to-peer nodes for efficiency, scalability and affordability. Using AI integration and unlimited bandwidth, AIOZ Network will play a key role in the growth of the digital content industry going forward.

History of AIOZ Network

AIOZ Network is a relatively new solution for delivering content, but its development began six years ago. In the last quarter of 2023, the network focused on its token LP and web3 infrastructure. To date, the project has partnered and collaborated with institutions such as Qualcomm, Imperial College London, VinAI Research, the University of Liverpool, Google for Startups, NVIDIA and the University of Adelaide.

What Does AIOZ Network Aim to Achieve?

AIOZ Network’s developers are devoted to the improved delivery, hosting and storage of digital content. This extends to speed, cost efficiency and scalability. AIOZ Network has been specifically created to address these issues head-on at a time when digital content is expected to explode. Its key features are S3 compatibility, fast access, global distribution, enhanced privacy and scalability. Its dCDN leverages peer-to-peer nodes to minimize costs and conserve bandwidth resources.

How Does AIOZ Work?

AIOZ Network has applications in media, healthcare, e-commerce, DApps, data-driven startups and cloud service providers. It uses W3S cloud object storage to address digital content storage needs in a scalable and secure manner. Digital content can be stored in the IPFS, which maintains the availability and security of stored data. The IPFS pinning service ensures long-term accessibility to stored data by using a content delivery network dCDN to leverage peer-to-peer nodes. The network also has dedicated gateways, thorough documentation for SDK and API, an NFT marketplace, NFT games and metaverse applications.

Features of AIOZ Network

AIOZ Network’s comprehensive storage and content delivery solution utilizes several key features in order to meet the growing challenges in the digital content space.

AIOZ Blockchain

AIOZ Network uses both the Cosmos and Ethereum blockchain networks. More specifically, it supports numerous smart contract languages on these networks. It also provides web3 builders with a one-click integration solution for decentralized applications (DApps).

AIOZ dCDN

The network’s decentralized content delivery network (dCDN) takes advantage of peer-to-peer nodes for speed and delivery. It supports seamless video and media streaming, data storage and AI computations. With a wide range of applications, AIOZ’s dCDN offers a cost-effective and secure solution for those in the digital content space.

AI Compute

Users can access a decentralized AI computing ecosystem through AIOZ Network. This technology enables users to train artificial intelligence (AI) models and store datasets. It also allows them to build DApps. By doing so, users can contribute to and monetize the rapidly growing area of AI.

Web3 Storage

Developers as well as personal and business users can use AIOZ Network for data storage. By using web3 storage, users can take advantage of a decentralized and seamless solution. AIOZ Network’s web3 storage solution is among its newest features to come online.

Web3 Video Streaming

Web3 video streaming is an up-and-coming feature for AIOZ Network. It will support video hosting in a secure and fast environment, and will include live and on-demand video streaming and management solutions.

AIOZ Rewards

AIOZ Network has a reward-based ecosystem in which those who actively use the work are rewarded using AIOZ tokens. More specifically, users who secure the network by staking their tokens receive even more tokens as a reward. You can get started with crypto staking when you choose to buy AIOZ Network tokens. Rewards are also provided for facilitating transactions and managing nodes.

AIOZ Network Road Map

While development on the AIOZ Network started only six years ago, its team has been hard at work building beneficial features and expanding the platform’s utility. During Q4 2023 they refreshed AIOZ’s website, and during Q1 2024 numerous updates are coming online, including storage solutions, a transfer DApp, a browser extension for a multi-chain wallet and AI computing integration. 

Farther down the road, the network will also present transcoding integration, W2 Stream, decentralized AI as a service, deployment for future token standards, a gravity bridge, a DEX and special AI training resources.

AIOZ Tokenomics

AIOZ tokens facilitate transactions within the AIOZ Network, reward node managers and secure the network through staking. The token supports the functionality of the network, which now runs with a 9% inflation rate on the tokens. To moderate instability that may be caused by this inflation rate, AIOZ’s developers plan to gradually decrease inflation by 1% annually. Meanwhile, the inflation proceeds are distributed equally to the treasury and to validators or delegators.

There’s also a token burn mechanism in place that applies to half of all of the transactions. This also includes 5% of all infrastructure revenue, node rewards and native DApp revenues.

AIOZ Price Prediction

The current price of AIOZ tokens is $0.15, which reflects an increase of 7.5% over the past 24 hours. AIOZ’s market cap is $160 million, and the circulating supply is 1.066 billion tokens. Trading volume over the last 24 hours was $2.5 million, and the highest price paid was $2.65.

Looking forward, AIOZ Network’s price is expected to climb slowly. According to CoinCodex, AIOZ’s price may reach $0.32 by the end of 2025 and $0.50 by the end of 2027. By 2030, the token’s price may hit $1.40.

Where to Buy AIOZ

While you can earn AIOZ through the network, you can also purchase AIOZ on Bybit as a Spot trade. To get started, you’ll first need to create a Bybit account, fund it with cryptocurrency and navigate to the AIOZ/USDT Spot trading page.

To celebrate this listing, Bybit is holding two exclusive events where you can earn a share of the 760,000 AIOZ and 50,000 USDT prize pools.

The first event is known as Token Splash. The first 3,000 new users who complete the following two steps between Jan 3, 2024, 10AM UTC and Jan 18, 2024, 8:59AM UTC will receive 228 AIOZ each:

1. Sign up for a Bybit account and complete Identity Verification.

2. Accumulate a deposit volume of at least 100 USDT worth of AIOZ, or deposit 100 USDT and use your Bybit account to buy any amount of AIOZ via your first trade.

If you’re already a Bybit user (prior to Jan 3, 2024, 10AM UTC), no worries — because you can still earn 38 AIOZ! Simply accumulate a deposit volume of at least 100 USDT worth of AIOZ, or deposit 100 USDT and buy at least 100 USDT worth of AIOZ using your Bybit account. Please note that rewards will be distributed on a first come, first served basis to the first 2,000 users.

The second event, Trade to Earn, is being held from Jan 3, 2024, 12PM UTC through Jan 17, 2024, 23:59PM UTC. Simply trade the AIOZ/USDT Spot trading pair and accumulate a Spot trading volume worth at least 500 USDT during the event period to grab a share of the 50,000 prize pool.

Please note that your ranking will be determined by your trading volume. If you rank higher, you’ll receive more rewards in return. Rewards will be capped at 5,000 USDT per user.

Is AIOZ A Good Investment?

AIOZ is available at a very low price at the moment, and sources predict that its price will generally rise through 2030. In addition to your investing in AIOZ for financial gain, note that AIOZ Network promises to make impactful changes to the digital content industry going forward. For these reasons, investing in AIOZ today could be a smart idea. When deciding whether you should buy AIOZ Network tokens or not, it’s important to conduct your own thorough research.

Closing Thoughts

AIOZ Network is an up-and-coming powerhouse in the digital content space, offering benefits for developers as well as business and personal users. With numerous developments in store for AIOZ Network in 2024, this is a project that deserves a closer look.

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