AIOZ:The Rise of AI In Crypto
By Jenny Yao | Crescent City Capital Market Analyst Intern
Introduction
AIOZ Network is a Layer 1 blockchain with full interoperability with Ethereum and Cosmos, utilizing EVM and WASM smart contracts. It is dedicated to providing instant finality and low transaction fees for dApps. AIOZ Network coin is a digital currency based on blockchain technology, designed to offer users decentralized video sharing and streaming services. The main features of this coin are its speed, low cost, decentralization, and high security. The supply of AIOZ Network coins is limited, which is expected to contribute to its value growth in the market.
Background
With the rapidly growing and insatiable global demand for digital content, the digital landscape is undergoing a transformative shift. The sharp increase in demand for reliable and scalable solutions for file storage, video hosting, and content delivery has rendered many traditional infrastructures inadequate to keep pace with the rapidly evolving “online-first” era. However, centralized providers often fall short in terms of security, data sovereignty, and environmental sustainability. The risk of single points of failure can lead to downtimes, potentially costing some of the world’s largest companies millions of dollars and even resulting in complete data loss for end users. At the same time, the centralization of AI resources creates data processing bottlenecks, further monopolizing the data storage industry and raising concerns over data privacy.
The lack of GPU supply and the high cost of computation are hindering the progress of artificial intelligence. Industry giants spend millions of dollars to drive advancements, while startups are priced out of the market. The video streaming market, as the cornerstone of modern digital content, is expected to grow beyond $554.1 billion by 2032. Augmented Reality (AR), Virtual Reality (VR), and social media streaming platforms have experienced explosive growth in both innovation and popularity. However, traditional models are increasingly strained under the demand for high-quality streaming, necessitating more resilient and efficient delivery methods.
Local AI Task Execution: AIOZ nodes enable AI tasks to be executed directly on user devices, ensuring data privacy and reducing reliance on centralized servers.
Distributed Computing: AI tasks are distributed across the AIOZ network, optimizing resource utilization and scalability.
1.）User-Friendly API:AIOZ W3AI offers easy-to-use APIs, SDKs, and documentation, allowing seamless integration of AI models into applications and services.
2.）Comprehensive AI Models: End users can access various AI models through decentralized AI as a service, including image generation, image classification, text recognition, and voice recognition.
Decentralized AI Marketplace:
1.）AI Model Creators:** AI researchers and developers can monetize their expertise by creating and publishing AI models on the AIOZ W3AI marketplace. They can set their own pricing and licensing terms.
2.）AI Model Consumers:** Businesses and individuals seeking AI solutions can explore a variety of AI models in the marketplace, selecting those that best meet their needs and budget.
Wide Device Compatibility
AIOZ Web3 Streaming ensures compatibility with a variety of devices, including desktop browsers, mobile devices, smart TVs, and streaming players.
1.）Affordability: Powered by the AIOZ network, AIOZ W3STREAM offers cost-effective video delivery solutions through various optimizations.
Market Analysis
The current price of AIOZ Network is $0.8018. Compared to the beginning of 2024, AIOZ Network has achieved a return on investment (ROI) of +561.8%. It is projected that by the end of 2025, the price of AIOZ Network will reach $1.12, resulting in a cumulative ROI of +39.62% by that time. For AIOZ Network, factors like the adoption of its decentralized content delivery network (CDN) technology, partnerships, and overall growth in the usage of blockchain for content distribution might be considered. Positive developments in these areas could support optimistic price projections.
Summary
As the artificial intelligence industry rapidly advances, the competition for limited computational resources essential for AI computing has intensified. This heightened competition has led to a significant increase in AI development costs, making it increasingly difficult for entities to conduct effective AI training.
AIOZ DePIN boasts a vast network of over 74,000 global edge nodes, democratizing access to the fundamental computational resources required for AI computing. Notably, it provides a viable solution for smaller entities seeking AI inference capabilities.
Moreover, the upcoming release of AIOZ Node V3 represents a major leap forward. This innovative node enables seamless collaboration among nodes within AIOZ DePIN, pooling resources to efficiently execute various AI computational tasks. Node V3 supports AIOZ Web3 AI (W3AI) services, which aim to revolutionize the AI inference market.
AIOZ has outperformed 96% of the top 100 crypto assets, surpassing stalwarts like Bitcoin and Ethereum. Its trading price exceeds the 200-day simple moving average, reflecting positive market sentiment compared to its token sale price. These developments underscore the potential of the AIOZ network as a promising investment opportunity in the upcoming bull market.
Reference
Aioz-network-aioz-investment-research-report-layer-1-blockchain-that-achieves-instant-certainty
https://medium.com/aioz-network/aioz-mainnet-part-1-overview-7023a0ed5923
https://finance.yahoo.com/news/aioz-network-first-depin-company-053626522.html