AIOZ has actually originated from the clouds over the previous 7 days to require its method into the leading 100 cryptocurrencies by market cap. In the last 24 hours alone, the DePIN task has actually generated gains of 27%, topping off a week of 50% development.
All up, AIOZ’s market cap took off previous United States $1.3 b (AU $2b) to its acme considering that the coin’s beginning in April 2021. It’s been a year to bear in mind for the token, which started 2024 trading at under United States $0.16 (AU $0.25)– marking YTD gains of 764%.
AIOZ Network (AIOZ), yearly chart, source: TradingView
What’s behind AIOZ’s newest rise?
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AIOZ W3S Network To Be Leveraged by Telegram Minigame With “Smart” Companion
The AIOZ network has actually blown up on the back of its collaboration with the popular Web3 video game AiPets.
AiPets becomes part of the Telegram mini-game wave– nevertheless, rather of being tap-to-earn, it’s more like an individual buddy. The family pet provides “customised interactions” and adapts to your behaviour thanks to the expert system coded into the application.
And now, AiPets will utilize AIOZ’s physical computing network to keep essential video game information, such as NFTs, videos and more.
AiPets is now incorporated with AIOZ W3S, leveraging decentralized storage for in-game possessions like NFT collections, music, videos, and more, powered by 190K+ AIOZ DePINs!@AiPets_Official, a mini-app on the @telegram community, supplies an individual AI buddy animal that adjusts to … pic.twitter.com/O4fyMdSKDI
— AIOZ Network (@AIOZNetwork) November 29, 2024
The collab will see adoption for AIOZ grow significantly, and offers the task an excellent method to show the performance of its network.
What is AIOZ and How Does it Work?
AIOZ is an enthusiastic cryptocurrency job planning to integrate blockchain decentralisation with the growing expert system market.
The group prepares to achieve this through DePIN– Decentralized Physical Infrastructure Networks. Basically, AIOZ has actually produced a P2P network that “consists of 190,000+ worldwide edge nodes contributing their hardware resources to power storage, streaming, and AI computational jobs.”
Node operators, who begin through an easy software application, get AIOZ tokens in exchange for their gadget’s processing power.
This offers the AIOZ network with the facilities to run effective AI jobs and carry out other cloud computing procedures.
2018, BidPixels