The cryptocurrency Web3 infrastructure project’s underlying asset surged more than 120% this week following the release of a new “vision report.”
AIOZ, the native utility token of the AIOZ network, is trading around $0.151 at the time of this writing, up from $0.0683 a week ago.
The 241st-ranked cryptocurrency asset by market capitalization also rose by a whopping 1,095% over the past month.
The AIOZ network is a Layer-1 interoperable blockchain built on the Cosmos (ATOM) ecosystem and with Ethereum Virtual Machine (EVM) compatibility. The project aims to serve as a Web3 infrastructure for artificial intelligence (AI), storage, and streaming.
AIOZ token gains materialized significantly this week after the project released a new “vision report” outlining the project’s use cases and future roadmap.
According to the roadmap, AIOZ Network plans to revamp its website before the end of 2023 and then launch AIOZ W3S, a decentralized Web3 storage infrastructure platform, in the first quarter of 2024.
The project also said it plans to release the first version of its Web3 AI computing infrastructure, AIOZ W3AI, in the second quarter of next year. AIOZ plans to launch its decentralized video streaming infrastructure in the next quarter.
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