In the last weeks, ORAI announced the preparations for their newest sub-project under the ORAI umbrella: aiRight, an Artificial Intelligence Apps Marketplace.
There are several things to know:
aiRight will have their own token: AIRI
any ORAI holder could claim these tokens under some conditions
for the same amount of ORAI, you could receive 8x more AIRI than other holder, if you are a Validator, or 4x if you are a Delegator or Liquidity Provider or 2x if you are staking or auto-compound ORAi on Ethereum. Regular holders (on wallets, not on Kucoin exchange) will receive the normal airdrop amount.
In the table below you'll see all the calculus regarding this airdrop. You should only know the maximum upper limit for a single airdrop is 200.000 AIRI.
The initial supply of AIRI token is 2 billion and the tokenomics was reviewed in the last days for a better ecosystem.
"aiRight is the world’s first all-in-one NFT creation and copyright management platform.
Users can generate AI NFTs, protect origin with copyright issuance, trade and tokenize unique artworks, taking advantage of our complete royalty mechanism for contributors on-chain.
Oraichain is proud to be the ecosystem provider of aiRight: securing AI functionalities via AI Oracle, accessing Marketplace, organizing Galleries for DeFi, and cross-chain bridging for NFTs."
So, we have another NFT player, made on Cosmos SDK, but with AI improvements.
We will see what are the advantages of it in the next months.
As a result of ecosystem development, AIRI will be in the center of these actions and the utility of it will increase.
ORAI's part is for securing the AI on-chain for various blockchains, so it needs to stay less involved in these subprojects.
"Oraichain is the world’s first AI-powered oracle and ecosystem for blockchains. Oraichain data oracle platform aggregates and connects Artificial Intelligence APIs to smart contracts and regular applications. Founded by Dr. Chung Dao, Oraichain’s mission is to be the portal between AI and blockchain technologies, serving as a foundational layer for the creation of a new generation of smart contracts and Dapps leveraging AI.
Unlike regular oracles using raw data, Oraichain’s AI oracle uniquely uses AI APIs to process and create data on-the-fly via virtual machines on smart contracts. Data quality, reliability and security are enhanced by using test cases, which help to avoid intermediaries, increase trust and open up unprecedented application functionalities.
Beyond data oracles, Oraichain interconnects Artificial Intelligence and Blockchain technologies. With AI as the cornerstone, the Oraichain ecosystem contains an AI marketplace, a Data & Request Hub, Publisher Service, Training Service, and Dapp Hosting.
Oraichain network provides the infrastructure and consensus mechanisms for Blockchain and AI training. These interconnected ecosystems accelerate the development of Web3, DeFi, enterprise and academia applications. yAI.finance is the first use case of Oraichain, a DeFi platform using unique AI-based features and strategies. aiRight brings AI NFT creation and copyright generation to blockchain. Oraichain AI Marketplace offers AI products and APIs with the goal of becoming the one-stop-shop for Artificial Intelligence services."
There are several ways. The simplest one is by acquiring it directly from a DEX, like Uniswap, PancakeSwap or WaultSwap. You can just hold it and that's it! You will receive the airdrop.
If you bought ORAI from a CEX, like Kucoin or Gate.io, for example, you will need to transfer it on a personal wallet. Metamask, Coinbase Wallet or WalletConnect. I'll tell you why: it is necessary for the 4x airdrop!
You have all the available markets here:
Now, if we are going to make the 2x airdrop, you just need to become a staker of ORAI on Ethereum blockchain. It's not so complicated, so I will not enter in details here.
Some details about becoming a validator, staker and delegator are also HERE, and I will explain how to become a delegator, because is a relatively simple procedure and with high results for this airdrop.
The process of becoming a Mainnet delegator:
Step one - having ORAI in one of the wallets: Metamask, Coinbase Wallet or WalletConnect (with also some ETH for transfer fees if you bought ORAI from KUcoin, for example, where is available only ERC20 blockchain for it, or BNB, if you have ORAI on PancakeSwap or other BSC platform)
Step two - open bridge.orai.io and connect the wallet where you have the ORAI
Step four - after connecting the wallet, you need to choose one of the following. You will pick - ORAI ERC20 or ORAI BEP20 to ORAI NATIVE
Step five - fill the data from the next window with ORAI address from the Native Wallet and the amount you want to transfer
You can copy the address directly:
Step six - confirm the data you entered and the transfer fees on Metamask and wait for a couple of hours until the transfer is done (now it's made manually by the ORAI team)
Press on Validators and choose one or more from the right column and pick the amount you want to delegate.
I hope you'll enjoy this!