Ora Protocol’s main product is the Onchain AI Oracle (OAO), which brings advanced AI capabilities directly onto the blockchain. This innovative solution enables developers to perform AI inference within their smart contracts, opening up new possibilities for decentralized applications (dApps). The OAO breaks down traditional smart contract limitations, allowing for more complex and innovative use cases.
Ora Protocol Partnerships
Ora Protocol has garnered trust and partnerships from several key players in the blockchain industry, including:
Compound: A leading decentralized finance (DeFi) protocol.
Ethereum Foundation: The non-profit organization dedicated to supporting Ethereum and related technologies.
Uniswap: A decentralized exchange (DEX) that facilitates automated trading of DeFi tokens.
Optimism: A layer-2 scaling solution for Ethereum that aims to reduce gas fees and improve transaction speeds.
Arbitrum: Another layer-2 solution that enhances Ethereum’s scalability and performance.
These partnerships validate Ora Protocol’s technology and potential impact on the blockchain ecosystem.
Funding
Ora Protocol has raised $23 million in funding from prominent investors, including:
Polychain Capital: A venture capital firm that invests in blockchain technology and cryptocurrency.
HashKey Capital: A leading digital asset management firm that focuses on blockchain and cryptocurrency investments.
This substantial funding supports Ora Protocol’s development and expansion, ensuring the continuous improvement of its products and services.
Preparing for the Ora Airdrop
Necessary Tools and Accounts
To participate in the Ora airdrop, you will need the following:
Cryptocurrency Wallet: Ensure you have a secure wallet like MetaMask or Trust Wallet.
Twitter Account: You must connect your Twitter account to earn points.
Setting Up a Secure Wallet
Choose a Wallet: MetaMask and Trust Wallet are popular options.
Download and Install: Follow the instructions on the wallet’s official website to download and install it.
Create a New Wallet: Follow the setup prompts to create a new wallet.
Backup Your Seed Phrase: Write down your seed phrase and store it securely. This is crucial for wallet recovery.
Secure Your Wallet: Enable additional security features such as two-factor authentication if available.