Overview of AIOZ Network

AIOZ Network, as a layer-one blockchain protocol, aims to fundamentally transform the storage and streaming of text, audio, and video content online. By enabling seamless content delivery within the Cosmos and Ethereum ecosystems, and allowing users to transmit data effectively and affordably through compatible decentralized applications (dApps), AIOZ Network offers a practical and efficient solution. Its multi-chain architecture, driven by Ethereum Virtual Machine (EVM) and WebAssembly (WASM) smart contracts, ensures limitless horizontal scalability. Moreover, AIOZ Network operates a decentralized content delivery network (dCDN) powered by peer-to-peer (P2P) nodes, which not only accelerates and stabilizes content delivery but also removes barriers between content creators and their audiences, making it a decentralized network that connects users with content effectively.

What is AIOZ Network?

AIOZ is a decentralized content delivery network (dCDN) built on layer-one blockchain technology. It aims to change the way we store and stream data online. It is part of decentralized physical infrastructure networks, or DePINs, which use blockchain technology to create community-owned and operated physical resource networks.

Traditional content delivery networks rely on centralized servers to distribute content to users, which is costly and vulnerable to censorship and network congestion. AIOZ addresses these issues by decentralizing the distribution process, allowing users to share bandwidth and content via a P2P network.

Using blockchain technology, AIOZ incentivizes users to contribute their resources, such as bandwidth and storage space, to the network and rewards them with AIOZ tokens. This creates a self-sustaining ecosystem that encourages user participation, resulting in a more efficient and resilient dCDN.

Overall, AIOZ aims to transform the distribution and consumption of digital content by providing a decentralized, efficient, and censorship-free platform for content creators and consumers.

How Does AIOZ Network Work?

AIOZ Network operates through a dual-layer structure, leveraging the unique advantages of blockchain and decentralized storage technologies. The blockchain layer addresses security, transparency, and governance, while the decentralized storage system focuses on the rapid transmission of digital media content. Both layers are driven by a novel Proof of Delivery (PoD) consensus mechanism, which directly compensates nodes for delivering necessary content to end users.

Nodes in the AIOZ Network can be divided into three main types:

• Content Providers (CPs): CPs are the sources of digital media content delivered to the AIOZ Network. They can be creators, publishers, or platforms seeking to connect directly with their supporters.
• Delivery Nodes (DNs): DNs play a crucial role in the blockchain media infrastructure protocol. They are responsible for storing and delivering digital media content to the requested Edge Nodes (ENs).
• Edge Nodes (ENs): ENs are the end users requesting video content. After efficient delivery by the DN, these users can stream files on their devices. Additionally, ENs can share their storage and bandwidth resources with other ENs, creating a network that enhances the performance and resilience of the AIOZ Network.

Technical Architecture of AIOZ Network

Blockchain Infrastructure, Decentralized Content Delivery Network (dCDN)

AIOZ Network is a decentralized content delivery network (dCDN) built on a robust blockchain framework, fully compatible with Ethereum Virtual Machine (EVM) and the Cosmos ecosystem, providing security, transparency, and ensuring user trust and reliability. AIOZ’s dCDN uses a global network of user-operated nodes for content delivery, bringing content closer to users, speeding up load times, and providing a more resilient system.

AI Computing and Applications

The AIOZ Network integrates AI, storage, and streaming functions, offering end-to-end solutions for content creators and consumers in the Web3 space. AI enhances the viewing experience within this network by analyzing user preferences and behaviors.

W3S: Web3 Object Storage Solution

W3S provides users with a secure, scalable, and cost-effective decentralized object storage solution. The streaming solution addresses bandwidth and scalability constraints, delivering a smoother streaming experience through a decentralized network. These innovative technologies showcase the transformative power of blockchain, paving the way for a more democratic interaction with digital content in the Web3 era.

Key Features of AIOZ Network

AIOZ Network has several unique features, including:

WASM Smart Contracts

AIOZ Network supports WebAssembly (WASM) smart contracts, which are particularly attractive to dApp developers. WASM is a programming language that uses binary instructions and performs better than commonly interpreted languages like Solidity. Unlike Ethereum’s smart contracts, WASM provides a platform for developers to create custom smart contracts and allows the use of multiple programming languages. Additionally, WASM smart contracts run quickly and handle errors more efficiently, enhancing security.

Node-Based Services

Traditional content delivery networks like Google and Microsoft rely on distant centralized servers, acting as intermediaries for content creators and supporters. AIOZ Network changes this model by eliminating centralized control, allowing users to participate in document transfer directly. It uses a network of P2P nodes distributed worldwide, eliminating issues like poor video streaming quality and slow access times, enabling users to smoothly access the required files. These nodes form the core of the decentralized content delivery network, providing high-quality streaming and paving the way for the future network experience.

Utilizing Idle Personal Computers

AIOZ Network leverages the computing power, network bandwidth, and storage capacity of idle personal computers worldwide to operate nodes. These PCs become small containers that form AIOZ Network’s media infrastructure. In return, each PC or node is rewarded with native AIOZ tokens, providing a source of passive income.

AIOZ Network Team and Investors

Team Background

Founded in 2017 and headquartered in Singapore, AIOZ boasts a robust core team:

Source: cryptorank.io

Erman Tjiputra, Founder and CEO of AIOZ Network

Erman Tjiputra is passionate about advanced computing and blockchain technology. His fascination began with his involvement in the Search for Extraterrestrial Intelligence (SETI) project, leading to a keen interest in decentralized systems and peer-to-peer networks. Tjiputra studied finance at Boston University, developing critical analytical and strategic thinking skills essential for leading a tech company.

His foray into blockchain was a natural progression from his early interests and academic background, combined with a dedication to technological innovation. Under his leadership, AIOZ Network was established in 2017, advancing a robust blockchain-based decentralized content delivery network. He aims to integrate AI, storage, and streaming into a unified ecosystem, revolutionizing and democratizing traditional content delivery methods.

Trieu Nguyen, Chief Technology Officer of AIOZ:

Trieu Nguyen is pivotal in the technical creation and future development of AIOZ Network. With extensive experience in blockchain technology and Web 3.0 projects, he oversees the development and implementation of AIOZ Network’s blockchain framework. His role ensures that the product maintains its competitive edge in the fast-evolving blockchain market. He also plans and executes the technical roadmap for the coming years, researching emerging industry trends and technological advancements.

Quang Tran, Head of Artificial Intelligence

Quang Tran leads AI initiatives at AIOZ Network, bringing over nine years of experience in machine learning, particularly deep learning and distributed computing. Formerly a researcher at the Singapore University of Technology and Design, he developed large-scale image search and vision-based positioning systems used by the Singapore Ministry of Defense. At AIOZ, he heads a team focused on predictive data and analytics/data warehousing. He collaborates with top academic institutions to explore cutting-edge technologies and industry trends, having published high-quality papers in internationally renowned conferences and journals.

Advisory Committee - Key Members and Background

AIOZ Network’s professional core team includes blockchain director Hien Nguyen, CTO Trieu Nguyen, project manager Hung Nguyen, and AI director Quang Tran. They bring a wealth of experience in blockchain and AI and have published numerous influential papers. Their commitment to technological advancement is evident in AIOZ’s various applications and tools, such as AIOZ Tube, AIOZ OTT, and AIOZ TV decentralized applications, which provide extensive network capabilities and practical uses. Their collaboration and dedication drive the integration of AI and blockchain technology, fueling the development and evolution of AIOZ Network.

Investment Institutions

AIOZ Network has secured investments led by YouTube megastar Mr.Beast and Kardia Ventures. Mr.Beast is an angel investor, while Kardia Ventures, the investment arm of Vietnam’s leading blockchain technology company KardiaChain, focuses on cryptocurrency investments. Below is a screenshot of AIOZ Network’s list of investors.

Source: dropstab.com

AIOZ Network Token Economics

AIOZ incentivizes user participation and powers the network’s operations. With a total supply of 1,104,220,203 tokens, AIOZ employs a controlled inflation rate that decreases annually. This approach balances user rewards with token value maintenance. AIOZ tokens have three main functions:

• Rewards: Earn AIOZ tokens by running nodes or participating in community activities.
• Payments: Use AIOZ tokens to pay for services or applications within the AIOZ ecosystem.
• Staking: Enhance network security by staking AIOZ tokens and earning rewards.

Current AIOZ Network Tokenomics

Since the AIOZ network mainnet launch in December 2021, starting in March 2023, the token inflation rate has been set at 9% due to block time generation. To avoid economic instability from high inflation, AIOZ has started gradually reducing token inflation to create a stable economic environment for all participants.

Gradual Inflation Reduction

Beginning December 25, 2023, the inflation rate will decrease by 1% annually over four years, reaching a stable 5% by 2026.

The planned inflation rates are:

• December 25, 2023: 8%
• December 25, 2024: 7%
• December 25, 2025: 6%
• December 25, 2026: 5%

AIOZ aims to maintain a 5% long-term inflation rate to significantly enhance stakeholder rewards. The distribution of inflation income will be:

• 50% to validators/delegators
• 50% to the treasury

The AIOZ treasury will support the growth and adoption of these key infrastructure components:

• AIOZ W3S
• AIOZ W3AI
• AIOZ W3IPFS
• AIOZ W3Stream

This initiative aims to boost the AIOZ network’s developer and partner ecosystem, increasing AIOZ token usage as the payment method for dApps, fostering a vibrant ecosystem of developers, users, and dApps, and enhancing token utility.

Token Burn Strategy

To ensure long-term sustainability, AIOZ has implemented a token burn mechanism, reducing supply based on network activity and regular burns in various areas.

Token burns will occur in the following scenarios:

• 50% of all AIOZ network blockchain transactions
• 5% of all node rewards
• 5% of all infrastructure revenue
• 5% of all revenue from AIOZ native dApps

Overall, AIOZ tokens are the cornerstone of the AIOZ Network ecosystem. The network aims to prevent oversupply and maintain a secure, sustainable ecosystem through regular token burns and controlled inflation.

AIOZ Token Use and Supply

AIOZ tokens reward users for running nodes or community activities, serve as a payment method for services or applications within the ecosystem, and can be staked to enhance network security and earn rewards. The controlled inflation mechanism gradually decreases annually to balance rewards and maintain token value. Starting December 25, 2023, the inflation rate will decrease by 1% each year, stabilizing at 5% by 2026. Additionally, AIOZ is exploring token burning to further control supply and potentially increase value.

Revised Token Economics for AIOZ W3S

AIOZ is revising its token economics for the upcoming AIOZ W3S to meet the rapidly growing infrastructure and dApp demands. This revision ensures fair rewards for all contributors, aiming to create a stable economic environment and drive the growth of the AIOZ network’s developer and partner ecosystem.

Token Distribution and Release

The total supply of AIOZ is 1,104,220,203, distributed as follows:

Source: token.unlocks.app

Team

• Total tokens: 250,000,000 AIOZ
• Unlocks 8% per month starting 6 months after TGE

Advisors

• Total tokens: 50,000,000 AIOZ
• Unlocks 8% per month starting 3 months after TGE

Private Sales

• Total tokens: 73,000,000 AIOZ
• Unlocks 25% at exchange listing, 5% on May 2, and 70% linearly over 11 months

Public Sales

• Total tokens: 17,000,000 AIOZ, fully unlocked at TGE

Marketing

• Total tokens: 50,000,000 AIOZ
• Unlocks 10% at exchange listing, then 5% per month

Exchange Liquidity Provision

• Total tokens: 30,000,000 AIOZ, fully unlocked at TGE

Ecosystem Growth

• Total tokens: 530,000,000 AIOZ, fully unlocked 3 months after TGE

Treasury

• Total tokens: 352,032,961.46 AIOZ
• Base inflation rate of 9% for two years after main-net launch, then decreasing 1% each year until a stable 5% annual inflation rate

Validators and Delegators

• Total tokens: 352,032,961.46 AIOZ
• Base inflation rate of 9% for two years after mainnet launch, then decreasing 1% each year until a stable 5% annual inflation rate

Advantages of AIOZ Network

• Decentralization: AIOZ runs on a decentralized blockchain, ensuring that content delivery is both uncensored and reliable.
• Peer-to-Peer (P2P) Network: By utilizing a P2P network of distributed nodes, AIOZ enhances efficiency and accessibility in storing and delivering content.
• Enhanced Reliability: AIOZ distributes content across multiple nodes, reducing the risk of single points of failure and ensuring continuous access.
• Cost-Effectiveness: AIOZ offers a cost-efficient content delivery solution compared to traditional CDNs.
• Security: With a focus on security and privacy, AIOZ uses blockchain technology to protect content and transactions within the network.

Is AIOZ Network a Good Investment?

AIOZ Network’s plans include the short-term launch of a decentralized storage platform (W3S) and a long-term strategy to roll out additional infrastructure. This includes integrating decentralized AI services, expanding the node network, and introducing various decentralized applications. These initiatives aim to enhance AIOZ Network’s capabilities and establish it as a premier Web3 infrastructure provider. The AIOZ model rewards content creators, viewers, and node operators directly for their contributions, creating a decentralized content delivery network driven by user-operated nodes. This promotes the democratization of content delivery. Furthermore, AIOZ Network’s development will equip developers with robust tools to create innovative dApps, fostering a more diverse and resilient Web3 ecosystem.