Blockchain

Bitfinex Lists AIOZ Token, Improving Blockchain-Based Media Solutions

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Bitfinex, a leading digital asset trading platform, has announced the listing of AIOZ, the native token of AIOZ Network. This move, revealed on June 11, 2024, reinforces the platform’s commitment to supporting innovative blockchain projects.

Information on the AIOZ network

AIOZ Network is a decentralized platform that leverages blockchain technology to enhance AI, storage and streaming services. The network aims to transform digital media by providing decentralized solutions, thus creating a more efficient and scalable ecosystem. Recent collaborations, such as the partnership with Alibaba Cloud, highlight AIOZ’s real-world applications and technological advancements. This collaboration focuses on expanding AIOZ’s ecosystem and enhancing its Web3 capabilities through Alibaba Cloud’s infrastructure. Furthermore, the partnership is set to establish a decentralized infrastructure network (DePIN) alliance in Southeast Asia to foster innovation and support new developers in the region.

Functions and advantages of the token

The AIOZ token performs multiple functions within the AIOZ network, including staking, governance, and providing access to exclusive features. Network infrastructure solutions, such as the W3IPFS storage solution, enable secure, decentralized file storage, improving the overall efficiency of digital media services.

Commercial details

Deposits for AIOZ are expected to open at approximately 10:00 UTC on June 11, 2024, with trading expected to begin at approximately 10:00 UTC on June 13, 2024, subject to liquidity conditions. The token will be tradable against US dollars (AIOZ/USD). For more information, customers can visit the official website Bitfinex website.

Bitfinex’s commitment to innovation

Henry Child, Head of Tokens at Bitfinex, said: “As decentralized technologies continue to revolutionize digital media, projects like AIOZ Network are essential to driving innovation and scalability. We are excited to include AIOZ in our range of token offerings.”

Founded in 2012, Bitfinex offers cutting-edge services for global traders and liquidity providers. The platform features advanced trading tools and provides access to peer-to-peer funding, an OTC marketplace, and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on supporting expert traders and liquidity providers with unparalleled support and innovative solutions.

Important notices

All Bitfinex users are subject to the platform’s terms of service. US citizens and other prohibited persons are strictly prohibited from directly or indirectly holding, owning, or operating an account on Bitfinex.

For more details on Bitfinex and its services, visit the official website Bitfinex Blog.

Image source: Shutterstock

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