The native cryptocurrency for AIOZ Network (CCC:AIOZ-USD) is surging in trading today after the network reached 20,000 nodes earlier this week. AIOZ-USD is up more than 20% over the past 24 hours.
AIOZ Network uses the blockchain to make high-quality video streaming more efficient, in terms of both data usage and costs. When you stream a video, typically that video is supplied by a single, central Content Delivery Network (CDN). AIOZ Network is a Decentralized Content Delivery Network (dCDN), which means a video is streamed via peer-to-peer nodes. That makes the network more reliable and efficient, while reducing both computational and overhead costs.
Yesterday, AIOZ announced it had reached a milestone of 20,000 nodes on its network. For comparison, and emphasizing that nodes on other blockchains function very differently, the Bitcoin (CCC:BTC-USD) network had just under 10,000 reachable nodes at time of writing. Furthermore, AIOZ Network said it had more than 50,000 community members and more than 20,000 token holders.
Today, AIOZ Network announced a partnership with social video app Omni. Two weeks ago, AIOZ Network announced it was dropping several patents in the spirit of collaboration.
AIOZ Network (AIOZ) Price Predictions
With AIOZ-USD currently trading around $1.30, where will AIOZ Network go next? Here are some AIOZ Network (AIOZ) price predictions:
- Wallet Investor has a bearish one-year forecast of 17.5 cents.
- On the other hand, Pick A Crypto has a very bullish AIOZ Network (AIOZ) price prediction of between $7.50 and $15 by the end of 2021, with long-term potential to reach $50 or even $100.
- Meanwhile Digital Coin Price has an AIOZ Network (AIOZ) price prediction of $1.90 by the end of 2021 and $3.81 by the end of 2025.
On the date of publication, Vivian Medithi did not have (either directly or indirectly) any positions in the securities mentioned in this article.
