We are extremely excited to announce that decentralized streaming service AIOZ has elected to launch on Ignition. Receiving the support of Master Ventures and Innovion, AIOZ is the latest Ignition project stamping their mark on the crypto scene. The forward-thinking team have been working tirelessly to create a network infrastructure that will change the way we view online content forever.
Is this the next industry to encounter innovation from a decentralized source?
The answer is yes!
AIOZ are disruptors in a space that is currently dominated by a select few. Creating a Content Delivery Network (CDN) places heavy demands on many resources. Increased internet traffic is blowing off the capacity of traditional clod-based CDNs. Historically, there has been no feasible way for newcomers to compete with the likes of YouTube, Netflix, or Amazon Prime — until now.
The AIOZ Network utilizes a worldwide network of nodes to leverage peer-to-peer neighbourhood bandwidth creating an infinitely scalable content delivery solution at a fraction of the cost of a legacy CDN.
Hot on the heels of Shadows, Splyt, and PolkaFoundry, AIOZ joins these projects to receive the support of over 70,000+ community members that support PAID Network across Twitter and Telegram. For optimum impact, the video streaming disruptor will also benefit from access to over 60 thought leaders and their combined legion of 8.9 million followers.
Perhaps more significantly, AIOZ has been incubated by Master Ventures and Innovion collectively. The teams have joined forces to meticulously prepare AIOZ for its moon mission. Master Ventures is one of the most important venture studios in the crypto industry. Coinbase, Kraken, Bitstamp and Elrond are notable projects that have benefited from the expertise that Master Venture’s provides.
Complementing the attributes of Ignition and Master Ventures, Innovion provides high performance data analysis to help businesses identify and transform data into actionable information to drive organic growth. Their innovative data solutions harness this information to derive comprehensive insights in a scalable manner.
The advisory firm houses top-tier projects like Ocean, APY.Finance, Injective Protocol, DIA, Terra Virtua, Polkastarter, and, of course, PAID Network in its portfolio.
The level of project support this collaboration provides is unrivalled. All Tier-1 projects launched via the Ignition platform will reap the benefits of these crypto powerhouses.
The Disruptor
For those who are unsure with what ‘streaming’ is, it is simply the activity of listening to or watching sounds or video directly from the internet. Centralized networks have limited scaling possibilities. They operate with 100% dependence on the only master server. The only way to scale the network is to supplement the server with more CPU/GPU cycles for more processing power, more space for storage and more internet bandwidth.
Nevertheless, after a certain threshold, the performance will not rise correspondingly. As a result, this is not a cost-effective measure in the long run.
AIOZ is redefining the video streaming space with its decentralized CDN. The AIOZ app enables users to harness their device’s unused resources such as storage space, computing power, and network connection. The device then becomes a node for the AIOZ network; creating a video streaming ecosystem that is more cost-effective, more scalable, more accessible and faster than traditional streaming services.
There are added benefits to connecting your device to the AIOZ network. Users will be rewarded with AIOZ tokens for their unused computer power. By downloading the AIOZ app and leaving your computer or device running, participants gain access to a revenue source previously reserved only for the largest names in the industry.
Additional benefits extend to faster streaming times, whilst viewers will gain the opportunity to receive AIOZ tokens every time they watch a full ad — creating incentives for advertisers to migrate to AIOZ.
Game Changer
The upside potential of AIOZ’s network is limitless for users, creators and developers alike. Any video streaming platform can be built on top of the AIOZ CDN. No longer priced out of access to a CDN, smaller streaming platforms can host high-quality videos at low cost.
This new market access creates the opportunity for countless niche communities to develop, all of them streaming from AIOZ’s CDN. Brands can advertise to a larger audience for less money. Content creators can receive more profit per viewer. The manner in which we stream content is where AIOZ can facilitate a true paradigm shift. Users will benefit from a faster, more cohesive decentralized streaming service — and earn AIOZ tokens while they do it.
AIOZTube, a video-sharing platform is already live, you can check it out here. The AIOZ roadmap is packed full of advancements including AIOZ OTT: where you can exchange AIOZ tokens to watch your favorite shows and AIOZ TV: a live video streaming service.
AIOZ is bringing the unheralded power of decentralization to the video streaming industry. With Ignition, Master Ventures and Innovion guiding the way, it will be one of the most sought-after projects in 2021.
New Ways to Get Involved With PAID
The PAID Network prides itself on listening to its wonderful community. One thing that we heard requested a lot, was greater access to whitelist lotteries for all PAID holders.
We have delivered.
Now, holders will be given one entry to the whitelist lottery for every 1000 $PAID tokens they have in their wallets. This is going to provide more opportunities for our members and will help create the kind of community we’ve been working so hard for. For more information on these new rules just click here.
About AIOZ
AIOZ is a decentralized video streaming network that utilizes a worldwide network of nodes to leverage peer-to-peer neighbourhood bandwidth — creating an infinitely scalable content delivery solution at a fraction of the cost of legacy Content Delivery Networks (CDNs).
Revenue in the Video Streaming (SVoD) industry is projected to reach $108 billion by 2025. Video streaming accounts for the highest percentage of total global internet traffic, with figures estimated to reach 82% by 2022. An increasingly heavy load is being placed on the capacity of traditional CDNs that operate on a centralized cloud.
Video streaming platforms/DApp providers would be able to utilize the AIOZ Network to alleviate their financial burden — and increase their profit. An AIOZ Network delivery sample highlighted that, in comparison to the cost of viewing the same video on YouTube, AIOZ was 24x cheaper.
The sample was taken based on; a video clip 2 minutes 15 seconds in length, 720p in resolution, 24MB in size and 7.6 million views.
Total cost for AIOZ delivery = $890,625. Total cost of YouTube delivery = $21,375,000.
About Innovion
Innovion is one of the most respected marketing and advisory firms in the blockchain space.
Innovion advises and assists disruptive technology innovators achieve global crypto adoption. Always working ‘behind the scene’, Innovion’s client portfolio consists of projects like Paid Network, Ocean Protocol, RAMP DeFI, Cartesi, Utrust, Polkastarter, Shadows, Splyt and Terra Virtua, to name but a few.
About PAID
PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID. Leveraging Plasm to operate on both Ethereum and Polkadot ecosystems. Building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly, making business exponentially more efficient.
PAID streamlines backend legal operations with SMART Contracts, so that projects can focus on making their brand bigger and better.
ABOUT IGNITION
IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol which allows blockchain-based token projects to offer their private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and here shortly, Polkadot functionality.
Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects will encourage HODLing that supports both the project founders and the community. It isn’t just a trading platform, it FUELs projects and takes fundraising to the next level.
Ignition brings quality projects, fixed swaps, and equitable lottery participation to the PAID community.
For any questions for the PAID network, please feel free to reach out to us on:
Website: PAIDNetwork.com
Telegram: @PaidNetwork
Twitter: @PAID_Network
Medium: @PAIDNetwork
