Tokenomics Update: Decentralization and Sustainability

We’re extending the vesting period for 200M $OORT tokens allocated to the founding team from 4 years to 6 years to better align with our long-term vision.

Additionally, 400M tokens will be distributed over 5 years for OORT Edge network nodes, and 800M tokens will be locked for 5 years starting September 15, 2024. The smart contract address will be shared soon.

👉 Learn more here 👈

OORT Edge Growth Challenge: Join and Earn

The OORT Edge Growth Challenge starts on September 12, 2024, and will run until March 12, 2025, or until 100,000 new nodes are deployed.

• First 100,000 nodes that stake 500 $OORT will have their $60 license fee waived.

• The first 30,000 nodes will also receive an additional 1,800 $OORT, released over 18 months.

• After 100,000 nodes, miners will need to burn $60 worth of $OORT to obtain a license.

👉 Learn more here 👈

OORT Governance: Make Your Vote Count

Soon, you’ll be able to use your $OORT tokens to vote or delegate your vote. Play a role in shaping the OORT ecosystem's future.

👉 Stay updated here 👈

Partnerships Update

Shenzhen Data Exchange Partnership

Our collaboration with the Shenzhen Data Exchange gives OORT access to China's booming AI market and potential clients.

NSF eCAT Center Collaboration

We’re working with the NSF (U.S. National Science Foundation) eCAT Center to support the future of AI and mobility.

Thought Leadership

AI in Journalism

OORT’s Founder and CEO Max Li shared his insights in Observer on how AI is shaping journalism and media business models.

💡 Read more 💡

Data Labeling Challenges

Max also spoke to InformationWeek about one of AI’s major challenges: data labeling.

💡 Learn more 💡

OORT Around The Globe

WebX & KBW2024

OORT Foundation Chairman, Mike Robinson, along with other team members recently attended WebX in Japan and KBW2024 in South Korea, speaking on AI panels.

OORT AI Summit

We hosted our first in-person conference, the OORT AI Summit in Shenzhen, with a packed audience.

Token2049 Singapore

The OORT team will be attending Token2049 in Singapore next week! We’re excited to connect with our partners and community members in person. Follow our X/Twitter for live updates and event highlights!

We appreciate your continued support of OORT. Stay tuned for more exciting updates 🫶