On February 5th, AIOZ Network (AIOZ) has been launched on HotsCoin. AIOZ Network is a Layer1 blockchain with complete Ethereum and Cosmos interoperability, using EVM and WASM smart contracts, and is committed to providing instant certainty and low transactions. Fee dApp. The report will provide an in-depth analysis of AIOZ’s basic information, token information, key events and token economic adjustments, as well as its outlook for the future. AIOZ is currently open for trading on HotsCoin.
1. Basic information
AIOZ network
AIOZ Network is a comprehensive infrastructure solutions company focusing on web3 storage, decentralized artificial intelligence computing, live streaming and video on demand. Its multi-chain architecture has unlimited horizontal scalability and supports EVM and WASM smart contracts.
Token information
Circulation: 1,070,874,925.552 AIOZ
Total supply: 1,070,874,925.552 AIOZ
Circulation market value: $139,832,871.026
Fully diluted market cap: $139,832,871.03
2. Key events
2021-12-26 - AIOZ mainnet online
AIOZ Network successfully launched its mainnet, marking the project entering a substantial development stage.
3. Introduction
AIOZ Network's comprehensive infrastructure solutions cater to the growing demand for digital content, including file storage, video hosting, decentralized artificial intelligence computing, and more. Current infrastructure struggles to cope with this demand, and AIOZ is committed to providing reliable and scalable solutions.
Challenges in Web2 Storage
Traditional cloud object storage, while plentiful, has security, data sovereignty and environmental sustainability issues. Centralized providers can lead to single points of failure, causing significant losses to large companies. AIOZ aims to provide more robust storage through decentralized solutions.
Decentralized artificial intelligence computing needs
As AI innovation explodes, the need for decentralized computing is imminent. The centralization of artificial intelligence resources leads to bottlenecks, and AIOZ solves this problem by providing decentralized computing resources while reducing costs.
Video streaming market growth
The video streaming market is the cornerstone of digital content, but demand continues to grow. Traditional models are increasingly strained, requiring more resilient and efficient delivery methods. AIOZ’s multi-chain architecture is expected to provide a better solution.
4. Token Economics 2.0
AIOZ announced large-scale adjustments to token economics to promote the healthy development of the ecosystem and the incentives of the community. Adjustments include a gradual reduction in token inflation, with an emphasis on the token’s versatility within the network.
Launch of AIOZ W3S
AIOZ will launch AIOZ W3S with a rich roadmap in 2024. Adjusted token economics are designed to adapt to future needs and provide a more stable economic environment for users, stakeholders and the entire community.
inflation adjustment
The current inflation rate of AIOZ network tokens is 9%, but AIOZ plans to reduce it by 1% every year for four years starting from December 25, 2023, and will eventually be fixed at 5%. This adjustment is expected to improve the stability and sustainability of the network.
Token destruction mechanism
AIOZ has introduced a token burning mechanism to prevent inflation and oversupply by burning a portion of tokens from transactions, node rewards, infrastructure revenue, and native dApp revenue. This helps maintain a healthy future for the coin.
5. Conclusion
As a comprehensive infrastructure solution provider, AIOZ Network provides reliable solutions for digital content through its multi-chain architecture and continuously optimized token economics. The future launch of AIOZ W3S and the adjustment of token economics are expected to further promote the development of the AIOZ network and create more value for users and ecosystem participants. Investors should pay close attention to AIOZ’s innovation and development in order to seize more opportunities in the blockchain field.
No comments yet