Artificial intelligence (AI) focused cryptocurrencies experienced notable gains, outpacing the broader digital asset market. Tokens such as FET, RNDR, TAO, AGIX, and AIOZ surged by 4% to 7% in the past 24 hours, as per CoinGecko data.
Nvidia’s upcoming earnings report, and its recent listing of AIOZ Network’s DePIN project on the Nvidia Accelerated Applications Catalog, contributed to the market excitement. AIOZ Network powers storage and streaming applications with over 160,000 human-powered nodes globally.
The launch of AIOZ Node V3 in Q1 2024 facilitates passive utilization of idle GPU and CPU resources, further enhancing the network’s capabilities.
AIOZ Network’s upcoming launch of W3AI in 2024 will empower AI developers to leverage its decentralized infrastructure for web3 AI applications. This strategy aligns with AIOZ Network’s vision to build an open, decentralized ecosystem for web3 AI computing, data storage, and streaming platforms, serving developers and technology firms worldwide.