What Is AIOZ Network? AIOZ Price Prediction In 2025?
KEY TAKEAWAYS
- AIOZ Network, driven by Cosmos and compatible with Ethereum Virtual Machine (EVM), is a revolutionary Web3 media infrastructure reshaping the landscape of text, audio, and video content storage and streaming on the internet.
- The AIOZ Network represents the next evolutionary phase in digital multimedia within the Web3 ecosystem.
- The AIOZ Network operates through a dual-layered structure that harnesses the distinct advantages of both blockchain and distributed storage technology.
- The cryptocurrency space is teeming with diverse blockchain networks, each bringing its own set of distinctive features. AIOZ Network, like many others, plays a unique and pivotal role in the decentralized economy.
- The driving force behind the AIOZ Network is the AIOZ token, operating as an ERC-20 token and constructed on the Cosmos blockchain.
1. WHAT IS AIOZ NETWORK?
AIOZ Network, driven by Cosmos and compatible with Ethereum Virtual Machine (EVM), is a revolutionary Web3 media infrastructure reshaping the landscape of text, audio, and video content storage and streaming on the internet.
Operating as a layer-1 blockchain protocol, AIOZ Network facilitates the rapid transmission of content within both Cosmos and Ethereum ecosystems, fostering seamless interoperability between the two networks.
This capability empowers users to efficiently and cost-effectively transfer data through compatible decentralized applications (dApps).
What is AIOZ Network? | Source: AIOZ Network
To achieve this, the blockchain protocol allows one-click porting of interoperable dApps, ensures instant finality, imposes minimal micro-transaction fees, and employs a multi-chain architecture with limitless horizontal scalability.
This multi-chain solution utilizes the functionalities of Ethereum Virtual Machine (EVM) and WebAssembly (WASM) smart contracts.
Yet, AIOZ Network extends beyond these features. The protocol also manages a decentralized content delivery network (dCDN) powered by peer-to-peer (P2P) nodes.
These nodes, categorized as Content Providers (CPs), Delivery Nodes (DNs), and Edge Nodes (ENs), play pivotal roles in the functioning of the AIOZ Network.
2. WHAT DOES AIOZ NETWORK DO?
The AIOZ Network represents the next evolutionary phase in digital multimedia within the Web3 ecosystem. Serving as an innovative bridge, it links users' nodes to a global network of decentralized content delivery networks (dCDNs), resulting in swifter and more resilient content delivery.
In essence, the AIOZ Network can be characterized as a human-powered internet.
To bring this vision to life, users utilize the AIOZ node desktop application, which is compatible with Windows, MacOS, and Linux operating systems (OS). This application optimizes users' computational resources, network bandwidth, and storage mechanisms for efficient storage of digital media content.
What does AIOZ Network do?| Source: AIOZ Network
When a user in a particular location seeks a file, it's promptly retrieved from the nearest node rather than a distant centralized server. This approach drastically reduces the cost and time associated with accessing the desired file.
Beyond accelerating content delivery, this decentralized framework enhances the quality of video streaming. Furthermore, the AIOZ Network breaks down barriers between content creators and their audience in the traditional content delivery landscape.
Whether dealing with text, audio, games, Metaverse, livestream, virtual reality (VR), or augmented reality (AR), AIOZ Network provides the infrastructure for seamless content across diverse domains.
As a reward for running the node app, users earn the AIOZ token, which is compatible with the Ethereum and Cosmos’ Inter-Blockchain Communication (IBC) protocol.
3. HOW DOES AIOZ NETWORK DO?
The AIOZ Network operates through a dual-layered structure that harnesses the distinct advantages of both blockchain and distributed storage technology.
The blockchain layer addresses concerns related to security, transparency, and governance, while the distributed storage system prioritizes the rapid delivery of digital media content.
At the core of both layers is the innovative proof-of-delivery (PoD) consensus mechanism, which directly compensates nodes for delivering the required content to end-users.
How does AIOZ Network work?| Source: AIOZ Network
These nodes fall into three vital components:
- Content Providers (CPs): CPs serve as the originators of digital media content transmitted to the AIOZ Network. These could be creators, publishers, or platforms seeking a direct connection with their audience.
- Delivery Nodes (DNs): DNs play a pivotal role in the blockchain media infrastructure protocol. They are tasked with storing and delivering digital media content to requesting Edge Nodes (ENs).
- Edge Nodes (ENs): ENs represent the end-users who request video content. Following efficient dispatch by the DN, these users can stream the files on their devices. Additionally, ENs have the capability to share their storage and bandwidth resources with other ENs, establishing a cluster network that enhances the performance and resilience of the AIOZ Network.
4. WHAT ARE AIOZ NETWORK'S FEATURES?
The cryptocurrency space is teeming with diverse blockchain networks, each bringing its own set of distinctive features. AIOZ Network, like many others, plays a unique and pivotal role in the decentralized economy. Below, we explore some key attributes that users should take note of.
What are AIOZ Network's Features?| Source: AIOZ Network
4.1. WASM Smart Contracts
While everyday users may not prioritize this feature, AIOZ Network's endorsement of WebAssembly (WASM) smart contracts is particularly attractive to dApp developers. WebAssembly is a programming language utilizing a binary instruction format for a stack-based virtual machine, meticulously designed to outperform the speed and efficiency of many interpreted programming languages like Solidity.
The adoption of WASM by AIOZ Network holds significance as, unlike the prevalent use of Solidity in Ethereum's smart contracts, WASM offers a more accessible platform for developers, reducing technical challenges in creating customized smart contracts. WASM smart contracts not only operate at a faster pace but also provide a superior and more distinctive user experience. The flexibility in language use is an additional advantage, allowing developers to write in C++, C#, Typescript, or Rust, deviating from the static framework of Solidity.
Moreover, WASM smart contracts demonstrate heightened security by breaking down into machine code, making them more efficient in handling errors.
4.2. Node-Based Service
Conventional content delivery networks, such as those by Google and Microsoft, rely on private centralized servers located at remote sites. These corporate entities act as intermediaries between content creators and their audience by storing the necessary content on their servers.
AIOZ Network disrupts this model by introducing a framework where centralized control becomes obsolete, empowering users to directly contribute to efficient file transfer.
Through the establishment of P2P node clusters in various locations, AIOZ Network's infrastructure enables users to access the files they need without grappling with issues like poor video streaming quality, sluggish access times, and centralized control.
These nodes form the backbone of the decentralized content delivery network (dCDN), ensuring seamless distribution of digital media content whenever needed. The proximity provided by these nodes often results in superior streaming quality, heralding a more advanced and futuristic internet experience.
4.3. Leveraging Idle PCs
A substantial portion of the global population, approximately one-third, owns personal computers (PCs); some even have access to multiple devices.
Rather than allowing these PCs to remain idle, AIOZ Network harnesses their computing power, network bandwidth, and storage capacity to operate nodes.
These PCs essentially become mini-capsules constituting AIOZ Network's media infrastructure. In return for this service, each PC or node receives rewards in the form of its native AIOZ token, establishing a viable passive income stream.
5. WHAT IS AIOZ NETWORK TOKEN?
The driving force behind the AIOZ Network is the AIOZ token, operating as an ERC-20 token and constructed on the Cosmos blockchain. As of December 1, 2023, the digital token boasts a total supply of 1 billion, with 993 million already in circulation.
5.1. AIOZ Token Price
AIOZ Network Price | Source: Klarda
5.2. AIOZ Tokenomics
- Token Name: AIOZ Token.
- Ticker: AIOZ.
- Blockchain: Ethereum.
- Token Standard: ERC-20.
- Contract: 0x626e8036deb333b408be468f951bdb42433cbf18
- Token type: Utility.
- Total Supply: 966,666,666 AIOZ
- Circulating Supply: Updating...
5.3. AIOZ Token Allocation
AIOZ Token Allocation | Source: CoinF
5.4. AIOZ Token Use Cases
In addition to its role as the standard mechanism for transaction settlement, the AIOZ token fulfills various other functions:
- Staking AIOZ: Holders of the digital token have the choice to lock up (stake) their assets, actively contributing to the security of the blockchain network against potential malicious attacks. As a reward for this commitment, users earn a variable annual percentage yield (APY), contingent on the inflation metrics of the network over time.
- Reward System: AIOZ token serves as a mechanism to reward Delivery Nodes (DNs) dedicating their computing resources, storage, and bandwidth to ensure the efficient delivery of content within the network.
6. AIOZ TOKEN PRICE PREDICTION
Drawing insights from the historical price trends of AIOZ Network and the BTC halving cycles, the projected annual minimum price for AIOZ Network in 2025 is anticipated to be approximately $ 0.236817. Simultaneously, the forecast suggests that the AIOZ Network price could surge to a peak of $ 0.620589 within the same year. Employing the same methodology, the following outlines the AIOZ Network price predictions for each subsequent year up until 2030.
AIOZ Token Price Prediction | Source: CoinCodex
7. IS AIOZ TOKEN A GOOD INVESTMENT?
AIOZ Network undergoes a comprehensive risk assessment using a proprietary scoring system. This system calculates the amount of money needed to influence the price in the last 24 hours, factoring in changes in volume and market capitalization. This analysis aims to determine the susceptibility of the cryptocurrency to manipulation through limited trading activity. The risk level is denoted on a 0 to 100 scale, with low values indicating high risk and high scores signifying low risk.
Presently, the risk gauge rank for AIOZ indicates that the coin represents a high-risk investment. Traders who prioritize risk assessment can find this gauge particularly valuable for steering clear of or considering high-risk investments.
AIOZ Network has experienced a 36.80% decrease in the last 24 hours of trading, leading to its current price of $0.30. This price movement aligns with a lower-than-average volume, while the coin's market capitalization has increased. The current market capitalization for the coin stands at $318,609,052.24, with $18,826,360.29 worth of the cryptocurrency exchanged over the past 24 hours. Considering the recent price movement in relation to changes in volume and market capitalization, the risk assessment for AIOZ currently reflects a high-risk profile.
8. THE LATEST AIOZ NETWORK NEWS
AIOZ Network and SingularityNET tokens have experienced significant surges in value, with AIOZ reaching a high of $0.2930, marking a remarkable 2,100% increase from its lowest point in October last year. This surge has propelled AIOZ Network's total market cap to over $280 million. Similarly, SingularityNET has undergone a major bull run, reaching a high of $0.7240 and witnessing a 340% increase from its lowest point in August last year, pushing its market cap beyond $887 million.
The driving force behind these surges lies in the growing demand for generative AI, a trend that gained momentum in 2023 with the introduction of ChatGPT by OpenAI. The success of ChatGPT has positioned it as one of the world's most successful technologies, with OpenAI securing funding at a valuation exceeding $80 billion. The surge in demand for AI is further validated by Nvidia's financial results, indicating a global appetite for AI and contributing to its total revenue surpassing $22 billion in the last quarter.
Industry insiders believe that the AI sector is still in its early stages, anticipating continued acceleration in demand in the coming years. These positive results align with the strong performance of other companies in the AI space, such as Arm Holdings and Super Micro Computer (SMCI), which have experienced substantial market cap growth. Consequently, the surges in AGIX and AIOZ tokens are attributed to their association with the flourishing AI industry.
9. WHY DID AIOZ NETWORK TOKEN PRICE UP?
The rise in the AIOZ Network token price can be attributed to factors such as increased demand for its services, positive news and developments, broader trends in the cryptocurrency market, speculation, technological advancements, and potential macro-economic influences. The specific reasons for price movements can vary and are subject to the dynamic nature of the cryptocurrency market.
10. AIOZ NETWORK FAQS
10.1. How to buy AIOZ Network Token?
Currently, you can buy AIOZ tokens on centralized exchanges such as HTX, Gate.io, BingX, Coinbase, Kucoin, decentralized exchanges like Pancakeswap, Sushiswap, or trade them as derivatives.
10.2. How much Is The AIOZ Coin Worth?
At the time of writing (February 23, 2024), the price of AIOZ Network is $0.27, down 2.73% within 24H and down 85.65% compared to the time of launch.
10.3. Is AIOZ an ERC-20 Token?
Yes, AIOZ is an ERC-20 token. ERC-20 is a standard for fungible tokens on the Ethereum blockchain. AIOZ Network's native token, AIOZ, follows this standard, making it compatible with the Ethereum ecosystem and allowing it to be stored in Ethereum wallets that support ERC-20 tokens.
10.4. Who is the owner of AIOZ?
Founded in 2021, AIOZ Network is the creation of Erman Tjiputra, a proficient blockchain developer located in Singapore who concurrently holds the position of the company's CEO.
The team is further fortified by essential members, comprising Hien Nguyen in the role of Head of Blockchain, Trieu Nguyen as the Chief Technology Officer (CTO), Hung Nguyen managing project management, and Quang Tran heading the AI department.
In conclusion, AIOZ Network stands as a unique player in the decentralized economy, driven by the AIOZ token and underpinned by innovative features. Its multi-chain solution, support for WASM smart contracts, and decentralized content delivery network showcase a commitment to efficiency, security, and user experience. With a visionary approach and the recent surges in value, AIOZ Network positions itself at the forefront of the Web3 revolution, offering a human-powered internet and reshaping the future of multimedia content delivery.