today is going to be a great day .
$ALLO is coming today.
so question is that What is allora ?
This is a decentralized self improving ai platform built on cosmos layer 1 Blockchain.
allora network is building open and collaborative ecosystem where all the models work together , improve itself and rewards to contributers.
Working:
• it provides a framework where ML engineers train,deploy and monetize their models.
• Allora run forge competitions where engineer built best ai models.
• Allora network publish ADI researches and testnet to maintain testing of models.
• it provides API and oracle integrations to DEFI and DApps ( e.g price forecasting ).
Competitors Of $ALLO :
1. Bittensor
2. Ocean protocol
3. Fetch ai
4. SingularityNET
5. iExec
Funding :
~~ 35 million $
Big investors :
1. Polychain capital
2. Framework venture
3. Delphi venture
4. Coin fund
5. Draper associates
