What is the AIOZ Network (AIOZ)? - Bitfinex blog
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What is the AIOZ Network (AIOZ)?

The AIOZ Network is a comprehensive decentralised infrastructure solution designed to address the evolving needs of the digital landscape. It offers a suite of services including decentralised AI computation, storage, and streaming, underpinned by the AIOZ Network, which leverages the robustness of Cosmos and the compatibility of the Ethereum Virtual Machine (EVM). The platform uses a delegated Proof of Stake (PoS) consensus mechanism to achieve high transaction throughput, speed, and scalability, making it a robust environment for Decentralised Applications (DApps). AIOZ’s multichain structure ensures seamless integration with various blockchains, facilitating smooth asset and data transfer across networks.

One of the key use cases of AIOZ is in decentralised storage. AIOZ Web3 Storage (W3S) provides a scalable and secure solution for storing and accessing data. It leverages peer-to-peer networking and blockchain technology to offer reliable, distributed cloud object storage at an affordable cost. W3S is compatible with Amazon’s Simple Storage Service (AWS S3), ensuring easy integration for developers. It addresses issues like data breaches and single points of failure by distributing data copies globally, thus enhancing data security and availability. This makes it a viable storage solution for media companies, e-commerce platforms, decentralised applications, and more.

AIOZ also tackles the growing demands of video streaming, a market projected to see significant growth. The AIOZ Web3 Streaming service provides the necessary infrastructure for high-quality video content delivery. It supports popular streaming protocols and integrates a built-in content delivery network (CDN) powered by a global network of edge nodes. This ensures fast, efficient content distribution with minimal latency, enhancing the streaming experience for viewers. The platform is designed to be cost-effective, making it suitable for video streaming platforms, media companies, e-learning platforms, and other enterprises requiring reliable video delivery solutions.

Within the field of AI, AIOZ introduces decentralised AI computing with AIOZ W3AI. This infrastructure supports AI tasks directly on user devices, ensuring data privacy and reducing reliance on centralised servers. W3AI offers a decentralised AI marketplace where researchers and developers can publish and monetize AI models, promoting collaborative innovation. The platform supports a wide array of AI models and provides tools for seamless integration of AI capabilities into applications. This decentralised approach to AI computing not only democratises access to AI resources but also enhances security and efficiency in AI-driven applications across various sectors.

What is the AIOZ Token?

The AIOZ token is a fundamental component of the AIOZ Network, which is a decentralised content delivery ecosystem. This network leverages a global network of edge nodes to provide resources such as bandwidth, storage, and computational power for storing, sharing, and computing tasks related to digital media content. These nodes are incentivized with AIOZ tokens, creating a distributed infrastructure where participants are rewarded for their contributions, ensuring the efficient and secure delivery of content.

Initially, the AIOZ token is available on both the Ethereum and Binance Smart Chain platforms, functioning as ERC20 and BEP20 tokens respectively. This dual issuance facilitates early-stage liquidity and ease of access for investors and users. As the AIOZ Network progresses towards its mainnet launch, these tokens can be seamlessly swapped to native AIOZ tokens through the AIOZ Swap Portal. This transition highlights the network’s commitment to flexibility and user-friendly integration across different blockchain ecosystems.

The primary purpose of the AIOZ token is to reward edge nodes for their efforts in distributing digital content and performing computational tasks. However, its utility extends beyond simple rewards. For instance, within the AIOZ Tube platform, a decentralised video-sharing service similar to YouTube, users 

can earn AIOZ tokens for watching content, while creators receive tokens based on their content’s popularity. Advertisers can also reward both creators and viewers, fostering a more equitable and interactive digital content ecosystem.

The AIOZ tokenomics are designed to ensure a balanced and sustainable ecosystem. With a total supply of 1 billion tokens, the allocation includes private and public sales, team incentives, marketing, exchange liquidity, and ecosystem growth. The network also incorporates a structured vesting schedule to manage the release of tokens, aligning the interests of various stakeholders and promoting long-term stability. This comprehensive approach to tokenomics supports the growth and adoption of the AIOZ Network, positioning AIOZ as a versatile asset within its decentralised infrastructure.

AIOZ TOKENOMICS

How to buy AIOZ with crypto

1. Log in to your Bitfinex account or sign up to create one.

2. Go to the Deposit page.

3. In the Cryptocurrencies section, choose the crypto you plan to buy AIOZ with and generate a deposit address on the Exchange wallet.

4. Send the crypto to the generated deposit address.

5. Once the funds arrive in your wallet, you can trade them for AIOZ. Learn how to trade on Bitfinex here.

How to buy AIOZ with fiat

1. Log in to your Bitfinex account or sign up to create one.

2. You need to get full verification to be able to deposit fiat to your Bitfinex account. Learn about different verification levels here.

3. On the Deposit page, under the Bank Wire menu, choose the fiat currency of your deposit. There’s a minimum amount for fiat deposits on Bitfinex; learn more here.

4. Check your Bitfinex registered email for the wire details.

5. Send the funds.

6. Once the funds arrive in your wallet, you can use them to buy AIOZ.

Also, we have Bitfinex on mobile, so you can easily buy AIOZ currency while on-the-go.

[AppStore]  [Google Play]

AIOZ Community Channels

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