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AIOZ Tube Is Reimagining Content Streaming for the Digital Generation

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You may have heard the murmurs about AIOZ Tube, the new streaming site backed by blockchain disruptors at Innovion and the PAID Network. If you’ve gone further, and had an opportunity to check out the platform, you’ll have seen the top-tier crypto, trading, investment and personal finance videos, or seen some of its user-created content pop up on your social feed.

Maybe you’ve picked up some snippets about its decentralized streaming model, which delivers videos faster, and with higher visual and audio quality, by incentivizing node operators to participate. Or perhaps you’ve simply heard that AIOZ promises a new business model for content streaming, in which users actually earn income by watching videos.

(And if you’ve yet to discover AIOZ – jump over to watch a few videos on the platform, earn yourself a few coins in the process, then come back for the rest of this article. Go ahead. We’ll wait.)

Whatever you’ve heard, AIOZ is even more impressive once you put the full story together.

Unpacking the Tech and Team Behind AIOZ Tube

The team at AIOZ Tube has put together a Layer 1 blockchain-based Content Delivery Network (CDN) that matches or beats the establishment services like YouTube or Vimeo while offering all participants and stakeholders a share of the profits.

In essence, not only do you get a better content streaming service, but you’re also rewarded and incentivized to participate as a content creator, viewer, advertiser, or node operator.

AIOZ Tube is a content streaming platform that empowers users to earn coins by watching their favorite videos and content makers. A portion of advertising revenue that goes through the platform is directed to users; when you watch a video with an advertisement, you earn a reward. If you don’t want to watch an advertisement and don’t care about a reward, simply skip it.

It’s a deceptively simple idea, but a powerful one. The platform’s users reclaim the value that they provide and are compensated for their time and attention, while advertisers benefit from a more engaged, targeted audience.

That up-ends the traditional content streaming business model, in which viewers are turned off by the obstacle (advertisement) that prevents them from accessing the content that they want, and advertisers are paying for useless traffic while actively damaging their brand.

For content creators, AIOZ is a compelling proposition. It’s no secret that musicians, vloggers, and content creators of all stripes are constantly complaining about streaming platforms’ opaque and unfair revenue-sharing models, censorship, and other forms of poor treatment. Everyone from Taylor Swift to Logan Paul has had a run-in with YouTube, Spotify, or another legacy streaming platform. But until now, there have been few alternatives.

Today, however, content creators on AIOZ can access a fairer revenue share, more control of their content, and better infrastructure for distribution.

What’s the Big Picture?

The entire AIOZ Tube platform is powered by a blockchain-based decentralized CDN, which means that all the information storage and processing is handled by node operators. These node operators are everyday network participants who run the AIOZ app in the background on their home computer (and get paid for their spare computing capacity and bandwidth). The AIOZ Network means no more buffering videos or sluggish servers, no more ridiculous charges from the big CDN operators, and no more censorship.

Cisco has predicted that video streaming and telemeetings will make up 82% of internet traffic by 2022 (although that prediction was made before COVID-19 put streaming into overdrive). But the vast majority of that traffic is funneled through just three big CDNs –  Cloudflare, Amazon Web Services, and Akamai.

Video streaming has become essential to the worlds’ entertainment, education, and employment, and squeezing it through a couple of centralized legacy companies has any number of risks and drawbacks. For a start, it’s terrible value for money: distributed infrastructure is faster, cheaper, more efficient and more agile than relying on a handful of big data centers.

It’s also safer to spread out information centres and distribution pathways. A decentralized CDN has many more attack vectors, but also much more redundancy than a centralized one. To put it plainly, a decentralized CDN like AIOZ is much more difficult to hack, censor, shut down, or simply overwhelm. That means less downtime and greater privacy and security for the end-users.

But the biggest benefit of AIOZ’ decentralized CDN is that it’s simply fairer. There’s no reason why a couple of mega-corporations should command so much of the internet, and collect so much of its profit, simply by virtue of sitting in an entrenched position.

AIOZ Network is offering a framework for disrupting and democratizing the internet, handing back true control (and a profit share) to the content creators and viewers who actually use it. If they can pull it off, it’s a revolutionary proposition – and for those who get in early, potentially a very lucrative one.

What’s Next for AIOZ?

In 2021, the AIOZ ecosystem will be fleshed out with fungible and non-fungible tokens, smart contracts and a decentralized exchange. Further down the pipelines, developer kits and an API should enable distributed apps (dApps) like over-the-top media services, as well as live-streaming. In short, there’s plenty more on the way from AIOZ, which promises to reimagine content streaming from the ground up.

Image by StockSnap from Pixabay

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.newsbtc.com/news/company/aioz-tube-is-reimagining-content-streaming-for-the-digital-generation/

Blockchain

Reef Finance’s Schedules Mainnet Release for May, Promises Polkadot Integration

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Reef Finance has announced that its Substrate-based mainnet will see the light of day in May 2021. Called Reef Chain, it promises to “make DeFi easy” by enabling developers to use a highly scalable and fully EVM-compatible network that’s integrated into the Polkadot ecosystem.

Reef Chain Coming in May

Reef Finance is a cross-chain DeFi operating system allowing traders to access liquidity from centralized and decentralized exchanges through its smart liquidity aggregator and yield machine. The project outlined the date for its long-anticipated mainnet launch in a press release shared with CryptoPotato.

According to it, Reef Chain will be launched next month after finishing the final checks of the current Maldives testnet. The precise date will “depend on the result of the rigorous tests being conducted right now, though the team is confident that they will be completed soon.”

Upon its release, Reef Chain will enable DeFi developers to produce scalable and EVM-compatible systems integrated into the Polkadot ecosystem. Reef’s new product will be rolled out as a standalone blockchain based on the Substrate framework. This feature will simplify the integration to the Polkadot parachain network.

The mainnet’s compatibility with EVM, meaning developers can write contracts in Solidity or Vyper and deploy them on the chain, and its ability to bridge with other blockchains, including Ethereum, should enhance its interoperability features.


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No Better Timing

Denko Mancheski, CEO of Reef Finance, outlined Reef Chain’s launch as perfect timing because of the “insatiable” demand for DeFi and the issues he sees with the current ecosystem. More specifically, those are the record-high transaction costs on the Ethereum network and even the struggling lately Binance Smart Chain.

Apart from promising scalability and deeper liquidity integration, Reef Chain is also “committed to helping out developers in their quest to bring their DeFi idea to life.” It plans to do so by enabling them access to Reef’s user base, network partners, investors, exchanges, and media.

“We know the struggles of up and coming developers all too well, and a lot of the time, technical skills are only a part of the equation. By tapping into Reef’s business network, DeFi builders will multiply their chances of success.” – concluded Mancheski.

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Source: https://cryptopotato.com/reef-finances-schedules-mainnet-release-for-may-promises-polkadot-integration/

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Blockchain

CEO of a Turkish Crypto Exchange Thodex Reportedly Runs Off With $2 Billion

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Nearly 400,000 users of a Turkish cryptocurrency exchange were left out of their accounts without being able to withdraw their funds. The platform’s website has been down for several days, while reports suggest its CEO has already fled the country with up to $2 billion.

Turkish Exchange Does a Rug Pull?

Bloomberg reported yesterday that Thodex, a Turkey-based crypto exchange, has ceased trading, citing an “unspecified partnership transaction.” The founded in 2017 trading platform issued a statement explaining that all services will remain shut down for about five working days. However, the message reassured customers that they shouldn’t worry about their funds.

Approximately at the same time, though, users started to complain about their inability to access their own assets. Some took it to Twitter to exemplify the absurdity of the situation.

More recent coverages asserted that the exchange’s chief executive officer and founder, Faruk Fatih Ozer, who refrained answering comments before, had fled the country.


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Users Alleging of Fraud

Upon the news of Ozer’s alleged escape from Turkey, users of the local exchange hired a law firm to file a complaint against Thodex. Oguz Evren Kilic, representing an unspecified number of Thodex customers, confirmed the development, saying, “we have filed a legal complaint on Wednesday.”

He speculated that the funds on the Turkish exchange could be worth “hundreds of millions of dollars,” keeping in mind that the user base is just shy of 400,000. A prosecutor in Istanbul has reportedly launched an investigation.

According to another report, Thodex’s CEO and founder has run away in Thailand with an estimated amount of roughly $2 billion.

It’s worth noting that Turkish authorities have already taken a steep approach towards the cryptocurrency industry. CryptoPotato informed last week of the country’s latest rule on digital assets, banning users from using them as payment instruments from April 30th.

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Source: https://cryptopotato.com/ceo-of-a-turkish-crypto-exchange-thodex-reportedly-runs-off-with-2-billion/

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Blockchain

Chainlink is uniquely placed to play this out in the market

Republished by Plato

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2021 has been a good year for Chainlink, the project growing leaps and bounds over the past few months. What’s more, LINK has continued to build on its foundations from last year, with the altcoin surging up the charts over the past few months. In fact, on the back of the wider market’s bullishness, LINK touched a new ATH on the charts just a few days ago.

At the time of writing, however, the aforementioned bullishness had given way to a wave of corrections, with the altcoin trading at a price level that was 18% away from its ATH.

Source: LINK/USD on TradingView

What does this mean then? Has LINK’s price rally finally exhausted itself? On the contrary, a closer look at factors such as ecosystem-centric developments, metrics, and technical fundamentals would suggest quite the opposite.

The most crucial of these ecosystem-centric developments came to the fore a few days ago when the project released the whitepaper for its next protocol upgrade – Chainlink 2.0. As the DeFi sector’s leading decentralized oracle provider, this is a significant development, especially in light of the inflows that have been moving into DeFi over the past few months.

The whitepaper in question proposed a roadmap of Chainlink’s future, one which sought to address the limitations that were part of the initial whitepaper. Smart contracts with limited functionality, for instance. According to a recent report by OKEx Insights,

“Chainlink 2.0 addresses these limitations by enabling hybrid smart contracts in DONs — allowing blockchain protocols to access off-chain data sources and perform off-chain computations.”

What’s more, 2.0 also seeks to make oracles much more scalable, with the addition of the ability to perform off-chain calculations and the introduction of a “transaction-execution framework for Decentralized Oracle Networks which processes off-chain transactions and oracle reporting.”

Finally, Chainlink 2.0 will also be a step towards strengthening privacy protections on the blockchain network with the addition of confidentiality-preserving adapters and support for confidential layer-2 systems.

Needless to say, this a major update, one that could have major repercussions on the value of LINK on the price charts. However, contrary to expectations, when the paper was first made public on the 15th of April, the altcoin’s market failed to react. In fact, it corrected instead.

Why? Well, because the rest of the market corrected too on the back of Bitcoin’s depreciation and fall below the $60,000-level. In doing so, what can be argued is that LINK’s price is yet to price in the aforementioned development. This means that when the bearish phase passes and consolidation ensues, there is potential for a lot more upside in the Chainlink market.

In fact, it can be hypothesized that LINK, more than most altcoins in the space, is better placed to see more upside in its price action in the near term. This, because despite how it has performed over the past week, LINK’s fundamentals remain pretty strong.

Consider this – According to Glassnode, the top 1% of LINK addresses now hold over 84.44% of the altcoin’s supply, a 3-year high. This finding is a testament to the accumulation trend in the Chainlink market, one that underlines the confidence the market’s whales have in the alt’s long-term credentials.

Source: Glassnode

Further, LINK’s Exchange Outflow Volume (7d MA) also touched an ATH of $3,753,855.00 recently, with the same suggesting that more and more people are now moving their crypto-assets off exchanges to HODL, with these unlikely to be sold anytime soon.

Here, it’s worth noting that in the past, whenever this metric has risen, the altcoin’s value has fallen on the charts immediately after. However, LINK’s price has also touched higher highs whenever recovery has ensued, meaning, this could be a sign to buy in.

Source: Glassnode

Finally, the number of active LINK addresses also surged to a 1-month high in the last 48 hours, despite the general market bearishness another sign of there being a lot of optimism associated with the alt’s price performance.

It’s no wonder then that many in the community expect the cryptocurrency to reignite its rally in the near term, especially since traditionally, the cryptocurrency has maintained a lower correlation with the king coin, when compared to the likes of Ethereum and Litecoin. This, coupled with its strong fundamentals, might allow LINK to surge again, independent of the rest of the market.


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Source: https://ambcrypto.com/heres-why-chainlinks-price-rally-isnt-over-yet

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