Bittime - AIOZ Network (AIOZ) is a Layer-1 blockchain platform designed to deliver a faster, more secure and scalable internet. This network leverages cutting-edge technologies such as dCDN (Distributed Content Delivery Network) and AI.
This is useful for distributing content efficiently and directly to users, without the need for third-party intermediaries.
What is AIOZ Network (AIOZ)?
AIOZ Network exists as a comprehensive infrastructure solution driven by the community. This network is useful for Web3 storage, decentralized AI computing, live streaming, and video on demand (VOD).
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The video streaming market, as a cornerstone of modern digital content, is expected to exceed USD 554.11 billion (around IDR 8,865 trillion) in growth by 2032. AR, VR and social media streaming platforms are experiencing rapid growth in both innovation and popularity.
However, traditional models are increasingly strained under the demands of high-quality streaming, requiring more robust and efficient delivery methods.
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In other words, AIOZ Network seeks to answer the various challenges facing digital infrastructure today by leveraging the power of blockchain technology and community.
AIOZ Network Key Products & Features
AIOZ Network offers a variety of products and features designed to enhance the user experience in consuming digital content:
1. dCDN (Distributed Content Delivery Network)
AIOZ dCDN leverages unused computing and storage resources from its users' devices to build a powerful global network. Content is stored and distributed across the network, ensuring fast and reliable access for users wherever they are.
2. High Quality Video Streaming
AIOZ Network enables high-quality video streaming with low latency and no buffering. This is achieved through a combination of dCDN and advanced video compression technology.
3. Decentralized Storage
AIOZ Network provides secure and scalable decentralized storage for data and files. Users can store their files securely on the AIOZ network and access them from anywhere in the world.
4. Content Monetization
AIOZ Network allows content creators to monetize their content directly and without intermediaries. Users can pay to access content or make donations to content creators they like.
5. NFT Maker
AIOZ Network has a built-in NFT marketplace where users can create, buy, and sell unique digital assets.
What is AIOZ Token?
AIOZ Token (AIOZ) is the native crypto asset of the AIOZ Network. This token is used for various purposes in the AIOZ ecosystem, such as:
- Provide incentives for users to run nodes and participate in the network.
- Pay transaction fees.
- Access premium products and services.
- Participate in network governance.
Tokenomic Token AIOZ
After the successful launch of the AIOZ Network Mainnet in December 2021, the AIOZ Network token has an inflation rate of 9% effective March 2023.
While these numbers are not much different from other popular networks in the industry, AIOZ understands that high inflation can cause economic instability in the network.
By gradually reducing token inflation, AIOZ aims to create a more stable economic environment for users, stakeholders and the entire AIOZ community.
AIOZ Network Tokenomics V2
This revised AIOZ token mechanism highlights proactive steps to ensure the token model remains adaptive to the evolving needs of the network and its participants, thereby fostering a sustainable and balanced token economy.
AIOZ tokens serve a variety of functions within the network, including staking for security, rewarding node managers, and facilitating transactions. Controlled inflation reduction will optimize the utility of the token, ensuring it remains a valuable and versatile asset within the AIOZ ecosystem.
Additionally, by reducing inflation, AIOZ aims to increase security and ensure a resilient infrastructure that can withstand potential security challenges.
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Commitment to Minimal Inflation
Starting from December 25, 2023, AIOZ Network token inflation will be reduced by 1% every year on December 25 for a total of 4 years. This means a total reduction of 4% and a final inflation rate of 5% in 2026.
Proposed Inflation Schedule
- 8% - December 25, 2023
- 7% - December 25, 2024
- 6% - December 25, 2025
- 5% - December 25, 2026
With a long-term baseline target of 5%, AIOZ aims to significantly increase incentives for stakeholders in the AIOZ Network. The results of this inflation will be distributed as before:
- 50% Inflation Given to Validators/Delegators
- 50% of Inflation Sent to Treasury
With 4 major infrastructure pillars under active development, Treasury tokens will be used in part to drive the growth, adoption and expansion of AIOZ products:
- AIOZ W3S
- AIOZ W3AI
- AIOZ W3IPFS
- AIOZ W3Stream
Fueling the growth of the AIOZ Network developer and partner ecosystem will mean further utilization of the AIOZ token. The AIOZ token will function as a means of payment in dApps built on the AIOZ Network.
This will result in a rapidly growing and healthy network of dApps, developers and users and a token with significant utility.
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Token Burning
AIOZ has worked hard to ensure a healthy future for the AIOZ Network token, implementing changes such as programmed token burns based on network usage and regular token burns in some areas.
Token burning will occur in the following situations:
- 50% of ALL AIOZ Network Blockchain Transactions
- 5% of ALL Node Rewards
- 5% of ALL Infrastructure Revenue
- 5% of ALL AIOZ Native dApp Revenue
AIOZ Network Fundamental Analysis
AIOZ Network has several fundamental advantages that make it attractive to investors:
- Cutting-edge technology: AIOZ Network leverages the latest blockchain and AI technology to deliver innovative solutions to content streaming and storage problems.
- Experienced team: The AIOZ team consists of experienced professionals with a proven track record in the blockchain and technology industry.
- Strong community: AIOZ Network has an active and supportive global community that helps promote and grow the network.
- Real use cases: AIOZ Network has several real use cases that can attract users and developers.
Roadmap AIOZ Network
AIOZ Network has a busy roadmap with exciting launches in all areas of the network. From AI marketplaces to metaverse platforms and new token standards, AIOZ has no plans to slow down in innovation any time soon.
AIOZ Network Launch Schedule
- Q4 2023
- AIOZ Website Update
- Q1 2024
- AIOZ W3S
- dApp AIOZ DTransfer
- AIOZ Multi-Chain Wallet Browser Extension
- AIOZ Node V3 - Integrasi Komputasi AI
- AIOZ W3IPFS
- Q2 2024
- AIOZ W3AI V1 - Decentralized AI as a Service
- dApp AIOZ Drive
- AIOZ Node V4 - Integration Transcoding
- Q3 2024
- AIOZ W3Stream
- AIOZ W3AI V2 - AI Marketplace v1 for decentralized data set monetization, open-source & user-customizable AI model storage.
- Implementation of AIOZRC-20, AIOZRC-1155 and AIOZ RC-721 token standards
- AIOZ Gravity Bridge
- Q4 2024
- DEX AIOZ
- AIOZ W3AI V3 - AI Training with Decentralized Federated Learning, Space to build AI dApps.
Long Term Vision
AIOZ seeks to develop a self-sustaining Web3 infrastructure network that offers unmatched security, cost-effectiveness, and unlimited scalability for Web3 decentralized applications (dApps), enterprises, and developers.
AIOZ's long-term goal is to position itself as a leading Web3 infrastructure provider in the next few years.
As the digital landscape evolves, the AIOZ Network will continue to adapt and grow to meet the needs of a diverse and growing industry, supported by thousands of people around the world.
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Conclusion
AIOZ Network is an innovative blockchain platform that offers a decentralized solution to content streaming and storage problems. With cutting-edge technology, an experienced team, and a strong community, AIOZ Network has the potential to revolutionize the way we consume digital content.
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