OORT Insider: July Updates

Microsoft Grant, KuCoin Listing, UN Panel, and More!

Microsoft Grant Update

We are excited to announce that OORT has received a follow-up grant from Microsoft. This grant includes not only funding but also access to Microsoft's and OpenAI's technology resources. These resources will play a crucial role in advancing our decentralized AI infrastructure. Microsoft's servers will join our network as super nodes, significantly enhancing our AI capabilities.

This support marks a significant milestone in our mission for trustworthy and transparent AI.

📖 For more details about the Microsoft grant, read our press release.

New Listing on KuCoin

We are pleased to announce that $OORT is now listed on KuCoin. Stay tuned for another DEX listing later this month.

AI Panel at United Nations

In May, OORT Founder & CEO Max Li presented virtually at a UN panel on "Making AI Possible for All Through Pooling Resources and Regional Collaboration." The discussion emphasized how countries can advance AI by sharing data, talent, and computing power. OORT Foundation Chairman Michael Robinson attended the discussion in person.

New Publication

OORT has a lot to offer. Check out our latest publication for a comprehensive overview of our mission and vision, products, architecture, tokenomics, and more.

💡 Click to read more

New Partnerships

Space and Time

We’re partnering with Space and Time, backed by Microsoft M12, to revolutionize data management with OORT's Layer 1 blockchain and their integrated onchain/offchain infrastructure. This collaboration aims to enhance transparency and efficiency through fast task verification and transaction data.

📖 Read more here.

HyperGPT

We are thrilled to announce our partnership with HyperGPT, a marketplace for all AI solutions and a seamless SDK for accessing integrated AI solutions.

Pett.ai

We’re excited to partner with Pett.ai to enhance virtual pets' decentralized AI capabilities using our decentralized cloud solutions.

OORT Ecosystem Map | July 2024

Q3 Token Buyback

The OORT Foundation has kicked off its Q3 token buyback, using up to 30% of Q2 revenue, totaling at least $600,000 USD. Since TGE in January 2024, we've burned 3.25 million $OORT tokens, which is about 0.16% of the total 2 billion supply and roughly 2.5% of the current circulating supply.

📖 Read more: Token Buyback Details

Community Highlights

OORT was highlighted by Coin98 as one of the prominent DePIN projects. Coin98 identified potential unlisted projects in this field, including OORT, Helium, Nosana, and more.

🎧 Get more updates from Founder Max and OORT Foundation Chairman Mike at our July Town Hall.

Stay tuned for OORT’s latest developments and partnerships. Thank you for your continued support!

Best regards,
The OORT Team