CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

​​AIOZ network (AIOZ) price prediction: dCDN the streaming future?

By  Yoke Wong

Edited by Vanessa Kintu

14:35, 7 January 2022

3D illustration of a block chain network concept
AIOZ network is a Singapore-based blockchain network – Photo: Shutterstock

Decentralised digital content streaming platform AIOZ’s network token plunged over the past week as market excitement over its Mainnet launch on Christmas Day ebbed. 

The AIOZ token price fell to $0.3535 on 6 January, down 25% from the $0.4709 at the beginning of the trading session on 1 January, data on cryptoassets price-tracking website CoinMarketCap showed.

The AIOZ coin price started rising on 25 December ahead of the Mainnet launch, which marked a key milestone in the blockchain’s development, signifying the live deployment of the network. Blockchain developments are often trialled on the Testnet environment to make sure the functions and features are tested without incurring transaction fees. Once the network migrates to the Mainnet, all activities and transactions incur fees.

Following the launch, the AIOZ coin value hit a peak at $0.5094 on 2 January before falling. The peak remained below the all-time high of $2.5084 on 3 April 2021, a day after the token’s launch. Could the price pass the all-time low of $0.1624 on 22 July 2021?

If you are interested in this token, read this article to find out the latest AIOZ crypto news and AIOZ network price prediction before deciding whether to buy AIOZ coin.

What is AIOZ network?

AIOZ network is a Singapore-based blockchain network focused on delivering decentralised digital content. It claims to be a decentralised content delivery network (dCDN), which distributes data among global, user-run nodes to deliver digital content. The aim of the geographically distributed node (servers) is to speed up the delivery of digital content by bringing it closer to the request source.

For example, when data is requested, it will be retrieved and transferred from the nearest node. This is in contrast with the traditional model, where data are retrieved from centralised private servers. This dCDN mechanism of AIOZ will “utilise the storage, bandwidth, and redundant memory capacity of community members to create a robust content streaming network.”

AIOZ network has claimed its dCDN is “a faster, more efficient and greener way to deliver media.”

The application of AIOZ network is through its digital content streaming site AIOZ Tube. According to AIOZ, the digital content delivery on its network “removes middlemen, redistributes control, and rewards the creators who produce content, the viewers who engage with it, and the users who run nodes via $AIOZ.”

The node operators are rewarded with the network currency of AIOZ coins, which can be used to pay for the app, network services and other items. Other ways of earning AIOZ coins are through staking (the validation of transactions on the network), content creation and viewers.

Early contributors to the AIOZ Network’s Testnet Nodes were rewarded with 1:1 conversion ratio. One Testnet AIOZ token rewarded would correspond to one Mainnet token.

According to AIOZ network data published on 26 December, it has over 36,000 nodes worldwide. Most of the operators are in Europe, accounting for 39% of the total sum or 14,000 nodes. There are 11,679 nodes in Asia and 7,500 nodes in South America.

AIOZ said its network has delivered “270,000 videos equivalent to 841 TB and a collective storage capacity of more than 110TB, over 18 million segments” between 1 March to 25 December 2021.

According to CoinMarketCap, AIOZ network has a supply cap of 1 billion coins and a circulating supply of 335.18 million coins. AIOZ Network market cap is $120.6 million. 

ETH/USD

3,503.78 Price
-0.160% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 6.00

DOGE/USD

0.13 Price
+4.320% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 0.0012872

BTC/USD

66,729.30 Price
-0.490% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 106.00

SOL/USD

170.35 Price
+0.030% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 2.2652

The network revealed on Twitter that it will launch a cross-chain bridge on 8 January 2022, which will allow AIOZ token holders to convert the cryptocurrency on other blockchain networks.

Who is behind AIOZ?

The network’s founder and CEO is Erman Tjiputra. According to Tjiputra’s LinkedIn profile, he is based in Singapore and founded AIOZ network and the private limited company in 2013. He is also the founder of another private limited company in Singapore called Eastraits, but there is scarce information on this commercial entity. Besides the above two mentioned job positions, there is no other commercial experience listed on Tjiputra’s LinkedIn profile. 

In an interview with Medium.com published on 23 March 2021, Tjiputra said he saw “a bright future in the world of decentralisation that would allow for the inception of concepts like peer-to-peer file sharing (P2P) and blockchain technology, both of which are integral parts of the AIOZ Network”. He “self-funded the project completely” in the early stage of the AIOZ network development. The project has since received funding from incubation project MV Fuel, AIOZ said in February 2021.

Tjiputra said in March 2021 that the team members of AIOZ network are Hien Nguyen, head of blockchain, Trieu Nguyen, chief technology officer, Hung Nguyen, project manager, and Quang Tran, head of AI.

Only AIOZ’s head of AI Quang Tran’s profile is listed on the website, while there are no further details on the other team members.

Project risk profile

According to cryptocurrency research and data site isthiscoinascam.com, the AIOZ network project has a poor safety score of 3.99, data on 1 January 2022 shows. However, AIOZ scored highly at 6.5/10 on sentiment on the site, while other metrics (development, community, awareness, credibility and volume) are awarded less than five. The score is based on the site’s research on social media platforms such as Reddit and Twitter.

AIOZ coin is likely to be speculative as the token was launched in April 2021. In addition, the network’s whitepaper, a key indicator of the project’s technical feasibility, is not available on the site.

AIOZ price prediction 

Despite the risks in early stage blockchain projects, AIOZ forecast in the market is relatively bullish, with Price Prediction and Technewsleader both expecting AIOZ price to surpass $2 in the next five years and continue to rise in the subsequent years.

Price forecast service provider Price Prediction.net expects AIOZ prices to rise over the next decade.

Technewsleader’s forecast for AIOZ price is also bullish.

When looking at coin price predictions, it has to be kept in mind that analysts’ forecasts are based on the fundamental and technical study of the cryptocurrency’s past performance. Past performance does not guarantee future results. These predictions can be wrong. 

It’s important to do your research and always remember your decision to trade depends on your attitude to risk and how comfortable you feel about losing money. You should never invest money that you cannot afford to lose.

FAQs 

Is AIOZ network a good investment?

AIOZ claimed it has launched on Mainnet and has a live digital streaming platform, while these launches are key project milestones, but they are not indicators of future success.

Whether it is a good investment or not will depend on your investing goals and portfolio composition. Cryptocurrency is an extremely high-risk investment and capital will be at risk, you should do your own research and never invest what you cannot afford to lose.

How high can AIOZ crypto go?

Price Prediction forecasts AIOZ to rise in the mid-to-long-term, surpassing $2 by 2026 and could reach up to $18.27 by 2031. While Technewsleader expects prices to reach a high of $14.55 by 2031.  

However, analysts' forecasts can be wrong and have been inaccurate in the past.

Cryptocurrency is an extremely high-risk investment and capital will be at risk. You should do your own research and never invest what you cannot afford to lose.

Can/will AIOZ coin reach $2?

Analysts such as Technewsleader.com and priceprediction.net forecast AIOZ price to rise in the mid-to-long term, reaching $2 by 2026 and continue to rise in the subsequent five years. 

However, analysts' forecasts can be wrong and have been inaccurate in the past.

Related topics

Rate this article

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
Capital Com is an execution-only service provider. The material provided in this article is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents and has not been prepared in accordance with the legal requirements designed to promote investment research independence. While the information in this communication, or on which this communication is based, has been obtained from sources that Capital.com believes to be reliable and accurate, it has not undergone independent verification. No representation or warranty, whether expressed or implied, is made as to the accuracy or completeness of any information obtained from third parties. If you rely on the information on this page, then you do so entirely at your own risk.

Still looking for a broker you can trust?

Join the 630,000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading