
My next 100x Altcoin is: $AIOZ
Here's why I'm so bullish on it and expect such a return:
Team
The core team themselves have been working for AIOZ for over 5 years each; focusing not only on blockchain technology but AI products. They have won several hackathons and even have patents that they are not applying to support decentralization.
Self-funded
For the last 3 years, 30+ developers have been working on the project. This shows huge commitment and vision; not a project that's appeared because it's a bull-run. They have created their own L1 blockchain-based CDN.
CDN?
Content Delivery Network. Geographically distributed group of servers that work together to provide fast delivery of Internet content. This is the infrastructure that supports YouTube, Netflix, etc.
So why decentralize it?
Servers -> community of p2p edge nodes where computational power is distributed across nodes in transcoding, delivery, and storage. This creates instant cost savings as costs are distributed across a decentralized network.
"What sort of savings?"
I hear you ask. Did you know, Baby Shark costs YouTube c.$20M for the 7B views of the Baby Shark song? If they used AIOZ's nodes for CDN, it would have cost them around $800k - a saving of 96%. That's for ONE video on ONE platform.
The beauty of AIOZ is it is scalable (more nodes, more scalability… i.e. infinite) and could act as any business's CDN (think Netflix, YouTube, etc.). Total CDN addressable market size is expected to grow from $14.4B to $27.9B in 2025.
Existing products
The team has essentially created a decentralized YouTube (AIOZ Tube) to showcase what can be done on their network. Any team that can effectively replicate YouTube to demonstrate their product has huge credibility!
The team is working on AIOZ OTT - a subscription service Dapp (think Netflix / Amazon prime) and https://AIOZ.tv - a live streaming app (think to twitch or YouTube live). This is one of the huge benefits of AIOZ - all kinds of Dapps can be built on top of it.
Decentralized Media dApps that cover Audio (decentralized Spotify), Image (decentralized Instagram), Video (decentralized YouTube/Netflix) and Live streaming (decentralized eSports) are all possible on the $AIOZ network.
Services will be paid for with AIOZ tokens, but through a fiat converter; so businesses or consumers can use FIAT and the AIOZ purchase is behind the scenes. This reduces market friction as participants will not need any crypto knowledge to participate.
Growth
AIOZ already has over 7,000 nodes up from 1,000 just two weeks ago. People want $AIOZ and want to support the network. This is hugely bullish and shows community support. You can earn tokens by downloading a Node to your device.
Roadmap
The team is building constantly and even has #NFT 's and a DEX in the Q4 2021 pipeline. Live Streaming support in Q3 as well. DApps could compete with things like twitch, or twitch themselves could switch to AIOZ for CDN.
Competition
$THETA is the only competitor valued at $13.6bn. $AIOZ launched on April 2nd, at $0.0006bn / $600k market cap; 22,650th of the price. However, there is a big difference…
$THETA only has their own DApp deployed on their network. $AIOZ is focused on developing developers portal resources for dApp deployment; expanding their potential market dramatically; i.e. an ecosystem of products that require $AIOZ to function.
This could lead to an entirely new era of decentralized apps that are supported on the $AIOZ network; creating a huge demand for the token itself. Many of the below could either use the CDN to save money or be replicated entirely using the AIOZ blockchain:
In these projects, I always ask, "What would make me sell my token?" if I was a node operator. The answer really is nothing until it gets to $1BN+ market cap at a minimum. That's nearly 1,700X initial listing price…
AIOZ's website: https://aioz.network/
AIOZ's whitepaper: https://aioz.network/210121_AIOZ_Whitepaper.pdf
This was a Twitter thread of:
Charlie @btc_charlie
