What is .@AlloraNetwork?
It’s a network that combines AI and blockchain.
When one AI makes a prediction, it might be wrong, but Allora has multiple AIs making predictions and comparing their results to provide a more accurate answer.
Since anyone can participate using AI, it is decentralized, and anyone can join as a developer or data provider.
So how does Allora work? There are Workers, Reputers, and Consumers.
Among them, Workers create and submit predictions using their AI,
Reputers compare who made the most accurate predictions and measure scores,
and Consumers pay to receive the prediction results.
So how does Allora reward participants? Workers who make good predictions receive $ALLO as a reward, and Reputers are rewarded the more accurately they evaluate. It is designed so that those who contribute more receive rewards.
In fact, Allora has already collaborated with PancakeSwap to open an AI prediction market on the Arbitrum chain.
@co_cobling @IPALAU1 @Cryptowombat125
Show original
1.05K
14
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.