Fri, Nov 22 2024

AIOZ Network Token Surges 17% Following Announcement of Listing on Bithumb

May 08, 2024
1 Min Read

The token of the AIOZ Network has experienced a notable increase in value, rising more than 17% in the past day to trade at over $0.85.

According to CoinMarketCap, the token's market valuation exceeded $925 million earlier today, and it momentarily topped the $0.90 barrier.

The market activity for AIOZ has increased in response to a statement made recently by Bithumb, the top exchange in Korea, which listed AIOZ. Bithumb will begin accepting AIOZ deposits at 2:00 a.m. EDT today, and will be open for transactions and withdrawals at 6:00 a.m. EDT.

The latest merger between AIOZ Network and DeMR, a mixed reality network constructed on the Solana (SOL) blockchain, has further piqued investor interest. The network combines virtual reality with real-world applications by utilizing blockchain technology and artificial intelligence.

The integration improves the network's capacity for decentralized content distribution by supporting the future storing of NFT assets through the usage of W3IPFS for DePIN Storage solutions.

AIOZ Network for Web3, AI applications

AIOZ Network is a decentralized infrastructure project that uses web3 AI technology for digital media streaming and storage. AIOZ supports decentralized AI computing and allows digital video to be stored, transcoded, and streamed by incentivizing users who share computational resources.

Its decentralized content distribution technology makes it easier for decentralized apps (dApps) on the network to stream media and video, compute AI, and store data.

Additionally, AIOZ Network offers smart contract languages that operate with blockchain networks like Cosmos (ATOM) and Ethereum (ETH) as well as dApp integration.

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