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ORA

Last updated: Oct 29, 2024

ORA empower developers with the tools necessary to build end-to-end trustless and decentralized applications enhanced by verifiable AI. ORA is live today, offering the capability to verify and run inference on the largest and most sophisticated AI models with few limitations.

Pre-Seed Round: $3M

Series A Round: $20M

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Overview

Project industry	Data Analytics / Big Data & Data Storage / AI & Neural Networks / Ethereum Ecosystem / Oracle / EVM / Node
Product type	Ecosystem
Founded	Hong Kong
Whitepaper	Open

What is ORA

By offering richer data sources and computational capabilities, ORA expands the potential of smart contracts, enabling developers to innovate more freely. ORA features two main products:

AI Oracle is ORA's verifiable and decentralized AI oracle, enabling developers to integrate AI functionalities into their smart contracts seamlessly. The AI Oracle is supported by ORA's network of permissionless nodes running the TORA client and is secured by optimistic Machine Learning (opML).

Verifiable AI Inference: Bring AI computations onchain with assurance of correctness and trustlessness.
Developer-Friendly Integration: Build custom smart contracts that interact with the AI Oracle to utilize AI models.
Use Cases: From AI-generated NFTs and onchain games to prediction markets and content verification, ORA provides the tools necessary to build your unique application.

IMOs represent a new mechanism for tokenizing AI models onchain, promoting sustainable funding for open-source contributors while distributing revenue to tokenholders.

Tokenization of AI Models: Share ownership and profits of AI models through ERC-7641.
Sustainable Open-Source Funding: Encourage ongoing contributions and development in the open-source AI community.
Benefits to Tokenholders: Capture value from onchain revenue and AI-generated content assets.

Details

Raised: 23,000,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: United States
Registration year: 2024

ORA Roadmap

Developed Keras2Circom:

The pioneering zero-knowledge machine learning (zkML) framework, outperforming other leading zkML frameworks according to benchmarks by the Ethereum Foundation.

Introduced opML:

A novel fraud-proof mechanism enabling the verification of large AI models directly on-chain. Read the research paper.

Invented opp/ai:

The first combined opML and zkML framework, offering both the scalability of opML and the guarantees of zkML. Read the research paper.

Pioneered Verified Inference for Stable Diffusion:

Achieved verified inference for Stable Diffusion on-chain, paving the way for bringing verifiable AI-generated content into the blockchain ecosystem.

Integrated the First Large Language Model (LLM) Onchain:

Successfully brought LlaMA2-7B outputs on-chain, making advanced AI models accessible within blockchain applications.

Launched the First AI Model Tokenization:

Introduced tokenizing AI models to fund open-source development, launching the first tokenized model $OLM based on OpenLM through Initial Model Offerings (IMOs).