The AIOZ Network’s token has experienced a notable increase in market value, surging by over 17% in the past 24 hours to reach around $0.85. Earlier today, the token briefly exceeded the $0.90 mark, with a market capitalization surpassing $925 million according to CoinMarketCap data.
This surge in market activity for AIOZ can be attributed to a recent development involving Korea’s leading exchange, Bithumb. The exchange has added AIOZ to its listing, allowing deposits for the token to commence at 2:00 a.m. EDT, with transactions and withdrawals becoming available from 6:00 a.m. EDT.
In addition to the listing on Bithumb, AIOZ Network has recently integrated with DeMR, a mixed reality network built on the Solana blockchain. This integration utilizes W3IPFS for DePIN Storage solutions, enhancing the network’s capabilities for storing NFT assets and enabling decentralized content delivery.
AIOZ Network serves as a decentralized infrastructure project focused on digital media streaming and storage through web3 AI technologies. By incentivizing users to share computational resources, AIOZ supports the storage, transcoding, and streaming of digital media while also facilitating decentralized AI computation.
The network’s decentralized content delivery system enables AI computation, data storage, and media/video streaming across decentralized applications (dApps) within the network. AIOZ Network is also compatible with dApp integration and smart contract languages used on blockchain networks like Ethereum (ETH) and Cosmos (ATOM).
For more insights into the growth of Solana-only protocols in the DeFi sector, check out this article: “5 Solana-only protocols rank top-10 in DeFi volume.”