Oraichain (ORAI)



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What is Oraichain (ORAI)?

Oraichain is a layer one data oracle platform and ecosystem on a mission to combine the realms of blockchain and artificial intelligence. 

Here’s how Oraichain describe themselves: 

The platform is designed to connect artificial intelligence APIs with smart contracts, and is the first AI-powered data oracle.

The network is built based on Cosmos SDK along with the Tendermint consensus mechanism for speed, scalability,  and interoperability. 

(Extremely) simple overview

Whereas oracle blockchains tend to solely focus on price oracles, Oraichain differs by offering decentralized applications (dApps) access to external AI data. To ensure the AI data is reliable, it is tested by network validators - once verified, the data is stored on-chain for future use.

Oraichain offers users and developers six main features:

  1. AI Oracle
  2. AI Marketplace - this is where AI providers can sell their AI services to Oraichain. Users can buy them too. Providers are rewarded with ORAI tokens.
  3. AI Ecosystem - AI infrastructure to support AI model developers
  4. Staking and Earning - network validators are rewarded with ORAI tokens
  5. Test Cases
  6. Orai DAO - anyone owning ORAI can participate in the network’s governance

ORAI token utility?

ORAI is the network’s native token and is used to cover transaction fees, participate in the Oraichain DAO and validate the network through staking. 

Check out the Oraichain website for more information.

How to buy Oraichain (ORAI)

With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet. 

Nothing could be easier.

Here’s how fast it is to get started:

1. Go to Uphold.com and click sign up.

2. Enter your email address and personal details. 

3. Click the link we send you and create a password

… and you’re off to the races!

Just start trading.

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0% withdrawal fees

Low spreads

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