Decentralized AI Network Allora: Mainnet Launch Imminent, ALLO Token Staking to Commence

BlockBeats News, September 10, Decentralized AI Network Allora Network announced that its mainnet is about to launch, at which time the network's initial AI prediction data stream will migrate from the testnet to the mainnet. After the mainnet launch, the ALLO token will support transactions, inference access, staking, and rewards on the Allora Network. ALLO will be available on the EVM chain, and users will also be able to cross-chain their assets to the Allora chain.

In June of last year, Allora Labs (formerly known as Upshot, focusing on NFT valuation) announced that it had completed a $3 million strategic round of financing, with participation from Archetype, Delphi Ventures, CMS Holdings, ID Theory, and DCF God.