ORA, an oracle protocol, has secured $20 million in funding from investors like Polychain, HF0, and Hashkey Capital to advance the tokenization of AI models on blockchain. The funds will focus on developing ORA's ecosystem, particularly its optimistic machine learning technology (opML), which ensures verifiable and traceable AI interactions. ORA's new mechanism, Initial Model Offering (IMO), allows AI models to be tokenized using ERC-20 tokens, enabling revenue sharing among token holders. Launched on Optimism’s OP mainnet, ORA aims to enhance onchain machine learning with privacy-preserving features.
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