OORT price

OORT

#659

OORT redefines the traditional AI development process through decentralization: - Data Collection: Individuals worldwide can share data via their devices and receive rewards, promoting inclusivity and transparency. - Data Preprocessing: Community members process and label data, which is then securely stored on OORT's decentralized cloud with blockchain verification. - Model Design and Training: AI models are collaboratively developed and trained using global computing networks, with the entire process recorded on the blockchain for accountability. - Model Deployment: AI models can be deployed on user devices, ensuring data security and offline accessibility, bypassing the need for centralized servers.

OORT offers a suite of products that enable developers to build AI transparently and cost-effectively: - OORT Datahub: Facilitates data collection and labeling, maintaining a permanent blockchain record of the process. - OORT Storage: Provides decentralized storage solutions that are 60% cheaper than traditional services like AWS S3. - OORT Compute: Utilizes geo-distributed GPUs for cost-effective AI model training and inference, available in 2024.

OORT's native utility token facilitates payments, staking, and governance within its ecosystem: - Payments: Discounts on OORT products when using OORT tokens. - Staking: Rewards through staking pools and bonding pools, supporting network operations. - Governance: Community-driven decision-making on fees and rules, with proposals funded by tokens.