The information about the AIOZ Network (AIOZ) token is as follows: AIOZ is an Ethereum-based token that powers the AIOZ Network, a Layer-1 blockchain designed to enable interoperability with both Ethereum and Cosmos ecosystems. Launched as an ERC-20 token on the Ethereum blockchain, AIOZ serves as the native utility token for the network, facilitating transactions, staking, and rewards within its decentralized infrastructure. The AIOZ Network is a distributed content delivery network (dCDN) aimed at transforming video streaming, file storage, and decentralized AI computation by leveraging a global network of peer-to-peer nodes. These nodes, operated by regular users, contribute computational resources such as bandwidth, storage, and processing power to store, transcode, and deliver digital media content. In return, node operators are rewarded with AIOZ tokens, incentivizing participation and creating a self-sustaining ecosystem.

The token was initially launched on Ethereum to ensure liquidity and accessibility, with plans to transition to a native token on the AIOZ Network’s mainnet following its full deployment. This transition allows users to swap their ERC-20 AIOZ tokens via the AIOZ Swap Portal once the mainnet is operational. The network’s architecture supports the deployment of decentralized applications (dApps), particularly those focused on media, such as video streaming platforms like AIOZ Tube, which rewards both content creators and viewers with AIOZ tokens. Additionally, the token plays a role in enabling features like NFT management, IPFS pinning services, and dedicated gateways for Web3 applications, as seen in initiatives like the W3IPFS Whitelist Program. AIOZ Network’s compatibility with Ethereum’s smart contract languages, such as Solidity, and its integration with Cosmos via the Inter-Blockchain Communication (IBC) protocol further enhance its versatility for developers and users in the Web3 space.