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

Summary: Decentralized AI network Allora Network announced the imminent launch of its mainnet, with the first batch of AI prediction data streams set to migrate from the testnet to the mainnet. Upon mainnet launch, the ALLO token will support transactions, inference access, staking, and rewards on the Allora network. ALLO will be available on the EVM ...

Decentralized AI network Allora Network announced the imminent launch of its mainnet, with the first batch of AI prediction data streams set to migrate from the testnet to the mainnet. Upon 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 can also cross-chain their assets to the Allora chain.

In June last year, Allora Labs (formerly Upshot, focusing on NFT valuation) announced the completion of a $3 million strategic funding round, with participation from Archetype, Delphi Ventures, CMS Holdings, ID Theory, and DCF God.

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