AIOZ Network

Introduction to AIOZ Network

Have you ever heard of content delivery networks before? If not, then now might be a good time since you landed here and the fact that they’re quite relevant to this discussion about AIOZ. Simply put, content delivery networks are these geographically distributed sets of servers that cache content that’s nearest to end users. With CDNs, assets that are required for loading content on the web may be quickly transferred, including the likes of JavaScript files, images, videos, stylesheets, and HTML pages.

In fact, the popularity pertaining to CDN services has continued to grow, and these days, most web traffic is being served through them, such as traffic from major websites like Amazon, Netflix, and Facebook. Not only that, but a CDN that’s properly configured can also help secure websites from common malevolent attacks, like DDoS, aka Distributed Denial of Service attacks.

However, despite all the buzz surrounding them, conventional CDNs have been facing substantial challenges in addressing modern Internet users’ demands. It can be a tough job, whether it be maintaining resilience and scalability or delivering lower latency across several devices and geographical locations. Eventually, the high costs associated with performing such tasks may be passed on to people as higher subscription fees. So, where does the AIOZ Network fit in all of this?

AIOZ Network is a decentralized Content Delivery Network, or a dCDN for short. Powered by a P2P (peer-to-peer) global network, AIOZ features an entire infrastructure layer rewarding nodes for offering bandwidth along with storage resources to facilitate any ecosystem filled with various media dApps, all “to tackle the storage, media, and video streaming problems at the heart of humanity’s future Metaverse World,” according to what it claims.

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The Genesis of AIOZ Network

Launched in 2021, AIOZ Network happens to be the brainchild of an accomplished Singapore-based blockchain developer known as Erman Tjiputra, who’s also the CEO of the firm.

However, there are other key members within the developmental team besides Tjiputra. There’s the blockchain head Hien Nguyen, the CTO (Chief Technology Officer) Trieu Nguyen, Hung Nguyen who oversees project management, and finally, the leader of the AI department, Quang Tran.

So, as you can see, AIOZ Network is quite a new solution when delivering content. However, it should be noted that development on it had already started six years ago. During the final quarter of 2023, AIOZ began focusing on its Web3 infrastructure and token LP. To date, AIOZ has collaborated and partnered up with the likes of Imperial College London, Qualcomm, Google for Startups, VinAI Research, the University of Liverpool, the University of Adelaide, and NVIDIA.

AIOZ Network’s Technological Backbone

AIOZ Network functions through this twin-turbo structure, leveraging the distinct advantages of distributed storage and blockchain technology. The blockchain layer solves transparency, security, and governance concerns, whereas that distributed storage layer focuses on the quick delivery of virtual media content.

Speaking of blockchain, the AIOZ blockchain can be a scalable and cost-efficient blockchain foundation, as it has smart contracts for the WebAssembly Virtual Machine (Rust), and EVM (Solidity), and is cross-compatible with multiple other blockchain networks. In addition, it also comes with the ability to communicate cross-chain through the IBC protocol, which offers it a substantial edge regarding interoperability, all so that the groundwork is laid for dApps to gain a wide spectrum of users from diverse ecosystems. 

And powering both these layers, you have the PoD (proof-of-delivery) consensus mechanism, which can directly pay nodes when they deliver the necessary content to the end-users.

On AIOZ, the nodes can be classified into three primary components. These include Content Providers (CPs), Delivery Nodes (DNs), and Edge Nodes (ENs). CPs are simply the source of virtual media content transferred to the network. Moreover, they may be publishers, creators, or other platforms looking to establish direct connections with their fans or supporters.

As for DNs, well, they might just be playing the most vital role on this blockchain media infrastructure protocol, as they’re tasked with storing and delivering virtual content to those requesting it, i.e., those ENs.

Finally, moving on to the ENs, as alluded to earlier, they’re the ones requesting the content, making them the end-users. Once DNs have effectively dispatched what they were tasked with, ENs may then stream those files through their devices. Furthermore, if they want, ENs even have the ability to share their bandwidth and storage resources with other end-users, which can further establish that cluster network, enhancing the resilience and performance of AIOZ overall.

Decentralized Content Delivery on AIOZ Network

Employing the principles of P2P and blockchain networks, dCDNs like AIOZ mark a paradigm shift in how to distribute content within a more secure or robust manner. Unlike their traditional counterparts, dCDNs are known to operate within a network of nodes, with each of them independently distributing content.

All in all, there are quite a number of key advantages that dCDNs have when compared to conventional CDNs. First things first, you have increased web performance. How? Well, that’s because the content here is distributed across numerous nodes, lowering that distance between the content and the users. Hence, your load times aren’t just accelerated, but a tougher infrastructure can be provided too, capable of handling more traffic with no need to compromise performance.

Speaking of toughness, the risk of there being single points of failure is substantially lowered too. In addition, the utilization of blockchain and encryption technology may help protect against data breaches or unauthorized access.

Beside better performance and security, you have more cost-efficiency too, as their distributed nature does away with the requirement of extensive maintenance and infrastructure expenses pertaining to conventional CDNs, which makes them a more attractive option for firms looking to optimize their costs. Not to mention that, dCDNs can be more resilient to DDoS attacks too, as that content distribution can certainly mitigate the impact of a DDoS attack, making sure the user experience remains uninterrupted and seamless.

AIOZ Network’s Solutions for Streaming and Storage

Basically, all the advantages we went over earlier form a part of the many solutions that AIOZ has put forth to do away with the current issues plaguing this area, of which there are a ton. By leveraging WASM smart contracts, node-based services, and idle PCs, it is able to pave a better path for itself, the Internet, and the Web3 landscape as a whole, something which you don’t see that often.

Tokenomics of AIOZ Network

Like any other blockchain out there, AIOZ has its own native token too, and it facilitates the transactions inside the AIOZ network, also helping with rewarding node managers while securing the network with staking. In other words, the token is responsible for a lot of the functionality behind the network, which currently runs an inflation rate of 9% on these tokens.

Still, to make the instability caused by this more moderate, the developers behind the network plan on gradually decreasing this inflation rate by 1% annually. The proceeds from the inflation is then distributed equally to validators or delegators and the treasury.

Altogether, what can be gathered from this, is that the token is currently an inflationary one. That aside, its market capitalization and fully diluted valuation are currently at around $650 million, and its daily trading volume is over $10 million. The circulation supply is over 1.08 billion tokens.

Acquiring and Storing AIOZ Tokens

So, you interested in buying some AIOZ tokens for yourself? Turns out there are a handful of popular exchanges offering the token, including Coinbase, KuCoin, and Bybit. Select any exchange you like among them, and buy some AIOZ tokens. However, eventually getting to buy them may take a while, as there’ll likely be some procedures you’ll have to complete, like account registration, KYC, and more. Still, once you’ve bought them, you might want to consider a place where you can safely store them, perhaps some cold or hardware wallets, where they’ll be stored offline, away from the numerous threats lurking on the Internet.

Market Performance and Future Prospects of AIOZ

Unsurprisingly, the token has been performing lately, what with the cryptocurrency bear market being over and all. However, unlike many other tokens, which managed to surpass their previous all-time highs, like BTC for instance, it has yet to break that $1 mark, hovering around $0.7, a far cry from its previous high of over $2.60. But considering how its due for some major upgrades this year, like V1.5.0, which will integrate a new “cron” and “burn” module, transactional fee burning, and some system stability and security improvements, it might yet go beyond $1, although the chances of it breaking that earlier record seems a bit on the lower end.

Conclusion: Envisioning the Future with AIOZ Network

With blockchain technology continuing to be a force of evolution for our global interactions, AIOZ has come in to steer a bit of the momentum towards content delivery, bringing with it the possibility of a more human-centric and decentralized Internet. After all, at its core, it’s a CDN, but without a lot of the bottlenecks pertaining to what’s conventionally provided.

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Therefore, we are not responsible for the investment decision in AIOZ Network and the resulting loss.

AIOZ Network Basics

Here are some factors that investors should consider before investing in AIOZ Network.

Cryptocurrency Features	AIOZ Network (AIOZ)
Publisher or Developers	AIOZ Network
Headquarters (Registration Number)
Symbol	AIOZ
Platform
Published Date (CMC Registration)	2024-11-01
Max Supply	No limit

Reliability Score of AIOZ Network in 2024

These are indexes mesuring the investment reliability of AIOZ Network conducted by Coin-Labs.com.

Investment Reliability Rating Items	Scores and Current Status
Company Activation Rate	/ 10.0 CAR
Communication Rate	/ 10.0 CR
Technology Transparency Rate	/ 10.0 TTR
Development Participation Rate	/ 10.0 DPR
Listing Status on the World's Top 10 Exchanges	Listed on 5 Exchanges
Number of Available Pairs Worldwide	110 Pairs
Market Cap of the Cryptocurrency	129,119,580 USD (Rank #297)

The table above shows the result of investment suitability evaluation for AIOZ Network.
Check out how we evaluate cryptocurrencies on the crypto rating description page.

AIOZ Network Price

Here are the price and recent trading volume of AIOZ Network. (Data of 2024-11-02 00:35:00)

Price Items	Price and Trading Volume of AIOZ Network
AIOZ Network Price	0.432 USD
Price Change 24h	-0.61%
Price Change 7d	-2.06%
Trading Volume 24h	5,402,862 USD
Trading Volume Change 24h	-13.79%

Cryptocurrency Metadata

You can check the development status and social media information of AIOZ Network through the links in the table below.

Metadata Source	URL
🌎 Official Website
📖 White Paper
🛰️ Source Code (GitHub)
🐦 Twitter
🤖 Reddit
🎺 Message Board

Where to Buy AIOZ Network

Here are the top ten world crypto exchanges where traders can buy AIOZ Network in 2024.

Top10 Exchanges	Listed Status	Page URL
Binance	Not listed
Coinbase	Listed	https://exchange.coinbase.com/trade/AIOZ-USD
Kraken	Not listed
KuCoin	Listed	https://www.kucoin.com/trade/AIOZ-USDT
Bitfinex	Not listed
OKX	Not listed
Huobi	Listed	https://www.htx.com/trade/aioz_usdt
Bitstamp	Not listed
Bybit	Listed	https://www.bybit.com/en/trade/spot/AIOZ/USDT
Gate.io	Listed	https://www.gate.io/trade/AIOZ_USDT

Frequently Asked Questions