AIOZ Network and DWF Labs Join Forces to Revolutionise Decentralised Media Economy
Singapore, March 21st, 2023 - AIOZ Network, the Layer-1 Media blockchain with full Ethereum and Cosmos interoperability, and DWF Labs, the global digital asset market maker and multi-stage Web3 investment firm, have announced a strategic partnership aimed at advancing the decentralised media economy.
DWF Labs has invested an undisclosed amount in supporting AIOZ Network's vision of creating a decentralised content delivery network (dCDN) that connects a global network of nodes to provide optimal delivery speed, affordable costs, high-quality streaming, and unlimited shared bandwidth.
"We are thrilled to partner with DWF Labs, a leader in the Web3 space," said Erman Tjiputra, Founder of AIOZ Network. "This investment will help us accelerate the growth of our dCDN and bring new opportunities for users and developers to leverage the power of AIOZ Network."
With a significant edge in Ethereum Virtual Machine (EVM) compatibility and Cosmos Inter-Blockchain Communication (IBC), AIOZ Network offers unprecedented interoperability, low transaction fees, rapid throughput, and instant finality. The dCDN powered by AIOZ Network delivers content faster and eliminates barriers between creators and their audience, empowering the emerging decentralised media economy.
"DWF Labs is committed to supporting innovators able to shape the future of blockchain technology," said Andrei Grachev, the Managing Partner at DWF Labs. "We believe that AIOZ Network, with its unique combination of interoperability and scalability, has the potential to be the foundation for Web3 dApps and a key player in the decentralised media economy."
AIOZ Network is building a media universe where users can create, consume, and monetize content in a decentralised, trustless environment. With the dCDN powered by AIOZ Network, media is distributed across a network of global nodes run by users, removing intermediaries, redistributing control, and rewarding creators, viewers, and node runners via the AIOZ token.
About DWF Labs
DWF Labs is a global digital asset market maker and multi-stage Web3 investment firm with offices in Singapore, Switzerland, the UAE, South Korea, and BVI. DWF Labs is part of Digital Wave Finance (DWF), which consistently ranks among the top 5 trading entities by volume in the cryptocurrency world through its proprietary technology for high-frequency trading. DWF Labs supports portfolio companies from token listing to market making to OTC trading solutions.
About AIOZ Network
AIOZ Network is a Layer1 Media blockchain, with full EVM compatibility and Cosmos Interoperability, that leverages collective nodes computing to power web3 decentralized media economy
Email: [email protected]
Website: https://aioz.network
For more information, news, and perspectives from AIOZ Network, please visit the AIOZ Network at https://aioz.network. Web links, telephone numbers, and titles were correct at the time of publication but may have changed. For additional assistance, journalists and analysts may contact AIOZ Network's corporate communications team at [email protected].
