What is AIOZ Network? How does it work?

AIOZ Network is a decentralized content delivery network (CDN) built on blockchain technology. Currently, the project has been attracting considerable attention from investors.

Let’s explore with AZcoin the details of how AIOZ Network operates and the benefits it brings in the article below!

What is AIOZ Network?

What is AIOZ Network?
What is AIOZ Network?

AIOZ Network is a decentralized content delivery network (CDN) built on blockchain technology. This network utilizes distributed nodes to store and distribute content, aiming to enhance efficiency and reduce costs compared to traditional CDN solutions. The AIOZ token is the native token of the network, used to reward nodes participating in resource sharing.

Development team, AIOZ project partner

Development team

AIOZ Token’s development team currently includes the following members:

  • Hien Nguyen: An experienced developer with a deep background on Upwork, having executed 20 projects and developed 10 mobile applications.
  • Erman Tjiputra: Founder and CEO of the Eastraits project, with substantial experience in recruitment and establishing teams of architects and engineers. He also possesses expertise in large-scale AI and blockchain products and holds a bachelor’s degree from Boston College.

Partner

Partners and investors of AIOZ Network are individuals and organizations known for their ability to make a difference and work diligently. AIOZ Network’s partners include:

  • Paid Network
  • Big Cat: A company based in Vietnam, operating in the video sector and owning the largest network in Southeast Asia currently.

How does Aioz Network work?

How does Aioz Network work?
How does Aioz Network work?

AIOZ Network operates by connecting users, content creators, and service providers. When users access an application or website on the AIOZ Network platform, they are connected to network nodes to quickly and efficiently load content. This process enhances access speed and reduces waiting times for users.

Outstanding products of AIOZ Network

Currently, AIOZ is a token attracting attention from many investors. AIOZ Network has three main prominent products:

  • AIOZ TV: A live-streaming application enabling transactions between buyers and sellers.
  • AIOZ OTT: Software allowing users to stream favorite movies and pay with AIOZ Token from AIOZ Wallet.
  • AIOZ Tube: A decentralized video platform built on AIOZ Blockchain.

Detailed information about AIOZ Token

Detailed information about AIOZ Token
Detailed information about AIOZ Token

AIOZ Token (AIOZ) is the official token of the AIOZ Network ecosystem and is used as a means of payment for services and applications on this platform. Below is some detailed information about AIOZ Token.

Key Metrics AIOZ Token

  • Token Name: AIOZ Token.
  • Ticker: AIOZ.
  • Blockchain: Ethereum.
  • Contract: 0x626e8036deb333b408be468f951bdb42433cbf18
  • Token Standard: ERC-20.
  • Token Type: Utility.
  • Total Supply: 966,666,666 AIOZ
  • Circulating Supply: 398.085.639 AIOZ

AIOZ Token Allocation

  • Ecosystem Growth: 53%
  • Team & Advisors: 30%
  • Bán Token: 9%
  • Marketing: 5%
  • Exchange Liquidity Provision: 3%

Purpose of using AIOZ Token

Currently, AIOZ is only used to reward users interacting with the platform. In the future, I predict there will be additional features such as governance or fee payments using AIOZ.

Storage wallet of AIOZ Token

Storage wallet of AIOZ Token
Storage wallet of AIOZ Token

Just like Dxdy token and SUI coin, AIOZ Token can also be stored in ERC-20 compatible wallets, including MyEtherWallet, MetaMask, and Ledger Nano S. These wallets are known for their high security and reliability.

AIOZ Token’s trading platform

Currently, AIOZ Token (AIOZ) is listed on several best crypto exchanges like Gate.io, Bilaxy, Uniswap, and Kralen. Users can participate in trading AIOZ Token on these platforms to buy, sell, and trade with other cryptocurrencies like Tether.

Should you invest in AIOZ Token?

AIOZ Network is a promising blockchain project that has garnered attention from the crypto community. With superior advantages in transaction speed, integrity, and scalability, this project could be an appealing choice for developers and users.

However, like any blockchain project, investing in AIOZ Token also carries its own risks. Users should conduct thorough research and perform a detailed evaluation process before deciding to invest in AIOZ Token or any other type of token.

The end

So, AZcoin has just shared detailed information about the AIOZ Network project with you. Hopefully, the content of the article has helped you understand more about this project and make an informed decision about whether to invest in it or not!

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