As a researcher with a background in blockchain technology and decentralized infrastructure, I find the recent developments surrounding AIOZ Network particularly intriguing. The token’s impressive surge in market value, driven by Bithumb’s listing and the integration with DeMR, highlights the growing potential of this project.
The value of the token issued by the AIOZ Network has experienced a substantial increase, rising more than 17% within the past 24 hours and is now being traded around $0.85.
This morning, the token reached a new high of $0.90 on CoinMarketCap, and its market value exceeded $925 million.
The surge in trading activity for AIOZ on the market can be attributed to the recent announcement made by South Korea’s prominent exchange, Bithumb. From today, deposits for AIOZ will be accepted starting at 2:00 a.m. Eastern Daylight Time (EDT), with transactions and withdrawals becoming available from 6:00 a.m. EDT.
As an analyst, I’m excited to announce that DeMR, the innovative Mixed Reality (MR) network I follow, has recently integrated with W3IPFS for their DePIN Storage solution. This means that all upcoming Non-Fungible Tokens (NFTs) from DeMR will be stored on W3IPFS. With DeMR being built on the Solana blockchain, this integration further strengthens its position in providing a robust MR application ecosystem to users.— AIOZ Network (@AIOZNetwork) May 7, 2024
As a researcher exploring the latest developments in the blockchain industry, I’m excited to share that AIOZ Network’s recent integration with DeMR has generated significant buzz among investors. DeMR is a cutting-edge mixed reality network established on Solana (SOL) blockchain, which seamlessly merges artificial intelligence and blockchain technology. By doing so, it brings virtual reality experiences into the real world, expanding its applications beyond the traditional realm of gaming and entertainment. This innovative integration marks an intriguing step forward in the convergence of AI, blockchain, and mixed reality technologies.
W3IPFS is utilized by the integration for storing NFT assets in Decentralized Pinning (DePIN) systems. This expansion bolsters the network’s capacity for dispersed content dissemination.
AIOZ Network for use in web3, AI
AIOZ Network is a decentralized initiative for streaming and storing digital media using web3 technology and artificial intelligence (AI). Users are incentivized to contribute their computational resources, resulting in a platform that facilitates the storage, processing, and broadcasting of digital content. Additionally, this system promotes decentralized AI computation.
The system delivers content in a decentralized manner, enabling AI processing, data saving, and multimedia streaming for various dApps within the network through this setup.
AIOZ Network enables the use of decentralized applications (dApps) and contracts written in languages like Solidity for Ethereum (ETH) or Cosmos-based Application Blockchain Interface (ABI) for Cosmos (ATOM).
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2024-05-07 20:16