How To Buy AIOZ Network (AIOZ)?

A common question you often see on social media from crypto beginners is “Where can I buy AIOZ Network?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. 

Step 1: Create an account on an exchange that supports AIOZ Network (AIOZ)

First, you will need to open an account on a cryptocurrency exchange that supports AIOZ Network (AIOZ).
We recommend the following based on functionality, reputation, security, support and fees:

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase AIOZ Network (AIOZ) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy AIOZ Network (AIOZ)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for AIOZ Network (AIOZ) or AIOZ Network (AIOZ) trading pairs. Look for the section that will allow you to buy AIOZ Network (AIOZ), and enter the amount of the cryptocurrency that you want to spend for AIOZ Network (AIOZ) or the amount of fiat currency that you want to spend towards buying AIOZ Network (AIOZ). The exchange will then calculate the equivalent amount of AIOZ Network (AIOZ) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of AIOZ Network (AIOZ) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

Simplecryptoguide.com

What Is AIOZ Network (AIOZ)?

AIOZ Network is a distributed CDN built on its very own Blockchain. On AIOZ Network, users share redundant memory, storage and bandwidth resources to create a vast CDN capable of powering streaming platforms anywhere in the world. They aim to change the way the world streams videos.

To better understand this, imagine that you’re watching a video on your phone. Today that video streams from a content delivery network (CDN). A CDN is a system of servers in various locations storing and delivering content to viewers and their devices – like a video you watch on your phone.

AIOZ Network creates a distributed content delivery network (dCDN) and represents a major shift in the way the world streams video. On a dCDN, a video comes from one of many Nodes – a regular person paid to store and deliver content from their device with the help of an app. The app harnesses the device’s unused resources such as extra computing power, bandwidth, and storage.

What’s a CDN? How is a dCDN any different?

CDN stands for a content delivery network. This refers to the traditional infrastructure that stores and delivers content to viewers – like the servers from which you’d stream a video. There are only several companies in the world who can afford to own and maintain a CDN. It requires a massive amount of time, expertise, and cost to ensure that a network reliably delivers viewers the smooth streaming experience they expect on any device and from any location.

dCDN stands for distributed content delivery network. This refers to the network that AIOZ Network makes possible, a network that runs on Nodes – regular people paid to store and deliver content using the Node app on their devices. The app harnesses the device’s unused resources such as extra computing power, network bandwidth, and storage. Unlike a CDN, a dCDN is able to deliver a smooth streaming experience without the resource-heavy infrastructure. Also unlike a CDN, a dCDN benefits regular people not just the big companies.

How does streaming work with AIOZ Network?

AIOZ Network works with the combined power of a network of Nodes. Each Node can be a household desktop computer, a data center server, a personal laptop or even a mobile phone – any device that can run the AIOZ app.

The app enables a Node to contribute their device’s extra computing power, bandwidth, and storage to carry out blockchain-based tasks like transcoding, storing, distributing, and delivering content. Nodes are rewarded based on resources provided and tasks completed. Together, the network of Nodes form a distributed content delivery network (dCDN). They enable video to be streamed to and from viewers across the world.

Here’s a snapshot of how videos are streamed with AIOZ:

1. A Content Partner connects to one of the Nodes of the AIOZ Network platform
2. The Content Partner or Creator uploads their videos
3. The uploaded video is divided into playable segments
4. Each segment will be transcoded by a Node
5. Each transcoded segment is then stored across multiple Nodes
6. When a viewer needs a video, the transcoded segments are delivered by the nearest Nodes who store them

How do I benefit from AIOZ Network?

Putting power in the hands of people is the spirit of blockchain. With AIOZ Network, there are two ways that you can benefit: as a Node or as an Investor.

To become a Node and be rewarded with $AIOZ tokens, simply download the app. The Node app enables your device to store and deliver content while you earn immediately and passively. 

AIOZ Ecosystem

AIOZ Tube
A video-sharing platform locally powered values viewers and creators from high-quality content to cryptocurrency.
AIOZ OTT
Subscription video service allows you to stream your favorite shows and movies paid by coins from AIOZ Wallet.
AIOZ TV
AIOZ TV is a live-streaming app that turns your real-life events into a business. Broadcasting your moments for coins!

AIOZ Network Nodes

Nodes in the AIOZ Network dCDN are categorized as HUB Nodes (a.k.a Satellite Nodes) and Edge Nodes.

AIOZ Network Edge Nodes

Edge Nodes are individual nodes with redundant resources that they can share in exchange for AIOZ Network tokens. The monetization process will be determined based on two criteria: the Edge Node’s level of contribution and commitment to our protocol. Edge Nodes are allowed to choose whichever HUB Node to work with that they see as possessing high credibility. They can select as many HUB Nodes as they want to in order to gain more income sources. However, if Edge Nodes are detected to be non-compliant with requirements listed in the contract agreed with the HUB Node, then, based on the nature and levels of violation, their payments will be partially/fully cut, or they may be permanently eliminated from the AIOZ Network dCDN. Any PC or laptop can become a Edge Node of AIOZ Network dCDN simply by installing AIOZ Network Edge Node Software. Edge Nodes can opt to handle a combination of one or more of the following: transcoding, storing and delivering. There are a lot of aspects that must be taken into consideration when selecting which Edge nodes are suitable to store data, including: ping time, latency, throughput, bandwidth caps, sufficient disk space and geographic location.

AIOZ HUB Node

In the AIOZ Network dCDN, there are plenty of nodes that hold the responsibility of controlling, assessing, and monitoring other Edge Nodes to ensure the smooth operation over the entire network. They are called HUB Nodes. The main tasks of HUB Nodes are to deal with Edge Nodes on the clients’ behalf, and to require Edge Nodes to provide Proof of Transcoding, Proof of Storage and Proof of Delivery in order to keep track of their compliance to the smart contract’s terms and conditions. HUB Nodes also reward Edge Nodes after finishing the tasks requested by clients and preserve data when there is a lack of resources. Every HUB Node also stores a technical index of each Edge Node. Most importantly, HUB Nodes are simultaneously technical and video segment indexers that know exactly the locations of segments among a great deal of Edge Nodes as well as the information relating to the storage and bandwidth properties of Edge Nodes. To avoid duplication errors, data controlled by one HUB Node will not be available in the remaining HUB Nodes.

Aioz Network development updates in 2023

The AIOZ Network has experienced significant developments in 2023, contributing to its rising prominence in the cryptocurrency market. Here are some of the key updates and predictions for AIOZ Network:

• Price Performance and Predictions: The AIOZ coin has seen a notable increase in its value recently. This surge is partly attributed to an announcement of an upgrade to the streaming platform in late November 2023. As of that date, the AIOZ coin was valued at approximately $0.165. Looking forward, various predictions for AIOZ’s price indicate potential growth, with estimates for 2023 ranging from $0.1112 to $0.32, for 2025 from $0.2348 to $0.5779, and for 2030 from $1.39 to $1.71​​.

• Recent Price Surge: AIOZ Network’s native cryptocurrency experienced a remarkable +531% increase in value over a month. This surge is attributed to several significant developments within the AIOZ Network, indicating strong investor interest and confidence in the network’s growth and innovation​​.

• Key Developments Driving Growth: The growth of AIOZ Network can be attributed to several factors:

  • Expansion of Nodes: The network reached a milestone of 20,000 nodes, a significant achievement indicating robust network health and scalability.
  • Strategic Partnerships: Partnerships with entities like Omni, a social video app, and Innovion, a marketing firm, have expanded AIOZ Network’s utility and reach.
  • Collaboration and Open-Source Commitment: AIOZ Network’s decision to drop several patents in favor of open-source development underlines its commitment to collaboration in the blockchain community.
  • Launch of W3S Platform: The anticipation of the W3S platform, focusing on decentralized storage solutions, has likely fueled investor enthusiasm. This platform aims to challenge the centralized cloud storage landscape.

• AIOZ Network’s Vision: AIOZ Network aims to revolutionize digital media streaming and delivery using its distributed content delivery network (dCDN). This blockchain-based platform seeks to offer an efficient, cost-effective, and creator-friendly ecosystem for media content distribution, presenting a decentralized alternative to traditional content delivery networks​​.

These developments reflect the AIOZ Network’s commitment to innovation and its potential impact on the future of digital media distribution and blockchain technology. However, as with any investment in the volatile cryptocurrency market, it is crucial to conduct thorough research and consider the inherent risks before investing.

Official website: https://aioz.network/

Best cryptocurrency wallet for AIOZ Network (AIOZ)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for AIOZ Network (AIOZ)?

Deciding which type of wallet to use depends on a variety of factors, including:

• How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
• What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
• Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
• How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
• What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).