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What is the issuance amount of AIOZ coins?
AIOZ Network, a decentralized video streaming platform, has a total supply of 10 billion AIOZ tokens, with an initial distribution of 36% to the community through token sales.
Dec 05, 2024 at 03:08 pm
What is AIOZ and what is the issuance amount of AIOZ coins?
AIOZ Network is a decentralized video streaming platform that leverages blockchain technology to deliver high-quality video content with reduced buffering and lower costs.
Token Issuance and Distribution:
- Total Supply: 10 billion AIOZ tokens
Initial Token Distribution:
- 36% (3.6 billion AIOZ) to the community through token sale
- 34% (3.4 billion AIOZ) to the team and advisors
- 28% (2.8 billion AIOZ) to the AIOZ Foundation for ecosystem development
- 2% (0.2 billion AIOZ) to seed investors
Key Features of AIOZ Network:
- Decentralized Video Delivery: AIOZ leverages a distributed network of edge nodes to deliver video content directly to users, reducing buffering and latency.
- Ethereum-Based Platform: The network is built on the Ethereum blockchain, providing security and transparency for transactions and governance.
- Tokenized Ecosystem: AIOZ tokens are the native currency of the platform, used for incentivizing video contributors, rewarding viewers, and facilitating transactions.
- Proof-of-Contribution Protocol: Nodes are rewarded with AIOZ tokens based on their contribution to the network, including video storage, bandwidth sharing, and content moderation.
- Video Monetization: Creators can earn AIOZ tokens by contributing and monetizing their content, providing a decentralized alternative to traditional advertising models.
Use Cases of AIOZ Network:
- Live Video Streaming: AIOZ enables live video streaming with low latency and high quality for events, gaming, and social interactions.
- Video-on-Demand: Users can access a library of on-demand video content streamed directly from the network, providing a cost-effective alternative to centralized providers.
- Video Transcoding: The network supports on-demand transcoding of videos into different formats and qualities, optimizing the viewing experience for different devices and internet speeds.
- Video Distribution Marketplace: AIOZ creates a decentralized marketplace where video content creators can distribute and monetize their content directly to viewers.
- Content Delivery Network (CDN): AIOZ serves as a decentralized CDN, providing a fast and reliable way to deliver video content to global audiences.
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