Observing the rapid development of Oraichain Mainnet and its ecosystem including aiRight, OraiScan, Oraichain Studio, OraiWallet, cross-chain ORAI Bridge, and yAI.Finance as well as listening to the community’s feedback, the Oraichain team feels the need to update the ORAI tokenomics regarding the circulating supply.

  • Increasing circulating supply to above 10% to meet demands for ORAI tokens by upcoming major products, partnerships, and use cases.
  • Locked rewards will be released immediately, and 3,000,000 ORAI will be burned from Team, Advisor, and Foundation allocations.

Let’s start with several statistics on how Oraichain ecosystem is operating:

  1. Total number of transactions on Mainnet: 405,848


On 16/06/2021, the Oraichain team held an AMA on Spectre GRP community with the attendance of our CEO, AI Lead and SamOrai Ambassador. We are glad that new communities are discovering aiRight and Oraichain. Now, we are pleased to recap the main content of the AMA.

1. Oraichain team attendees:

  • Dr. Chung Dao, CEO of Oraichain
  • Noah, AI Lead of Oraichain
  • Tyree Robinson, SamOrai Ambassador of Oraichain

Introduction:

[Dr. Chung]: I am Chung. I am the CEO and Co-founder of Oraichain, the world’s first AI-powered oracle and ecosystem for blockchains. I received my Ph.D. from the University of Tokyo in 2017. Recently, I have led…


On 14/06/2021, the Oraichain team held an AMA on The Gem Hunters community with the attendance of our CEO, AI Lead and SamOrai Ambassador. We are glad that new communities are discovering aiRight and Oraichain. Now, we are pleased to recap the main content of the AMA.

1. Oraichain team attendees:

  • Dr. Chung Dao, CEO of Oraichain
  • Noah, AI Lead of Oraichain
  • Tyree Robinson, SamOrai Ambassador of Oraichain

Team Introduction:

[Dr. Chung]: I am Chung. I am the CEO and Co-founder of Oraichain, the world’s first AI-powered oracle and ecosystem for blockchains. I received my Ph.D. from the University of Tokyo in 2017. Recently…


On 04/06/2021, the Oraichain team held an AMA with their community on the topics of Gallery & Farming on aiRight, “NFT Launchpad for artists” and “The Warrior” Gallery”. We are glad that our community has gained a better understanding of the first Gallery concept on aiRight and its features, and we are pleased to recap the main content of the AMA.

Oraichain team attendees

  • Dr. Chung Dao, CEO of Oraichain
  • Noah, AI Lead of Oraichain
  • Tyree Robinson, Ambassador of Oraichain

Q&A with Oraichain

1. Duckie: Please tell us what exactly aiRight is & some of the most noticeable features Oraichain team has packed inside #aiRight, in…


We are pleased to inform the community that AIRI will be listed on PancakeSwap on 17 June 2021 at 15:00 UTC.

This listing of AIRI will complete the fundamental ecosystem of aiRight in which AIRI serves as the governance, farming, and utility token for the platform.

The token contract will be announced on official channels of aiRight:

As equally important, don’t miss the following dates:

  • First snapshot of AIRI airdrop program: 16 June
  • Airdrop distribution period: 18 June ~ 17 July
  • Weekly snapshots of AIRI airdrop program: once per week during the distribution period


Now you can move ORAI tokens across Oraichain Mainnet, Ethereum, and Binance Smart Chain networks in mostly real time via bridge.orai.io

https://bridge.orai.io

The confirmation time for each bridging transaction is several blocks in the corresponding destination network.

This advanced feature will require some bridging fees and has some limits for the amount of ORAI tokens that one can bridge in a day and in one bridging transaction.

1. Network and bridging fees:

There are two fees included in a bridging transaction: the network fee (A) in the source network and a bridging fee (B) in the destination network.

The bridging fee…


The Oraichain team is pleased to announce the partnership between aiRight and Drops, a platform that brings DeFi-style infrastructure to NFTs, adding much-needed utility to idle NFT assets. Oraichain will deploy aiRight’s AI Oracle solutions for authenticity certification and verified origin to the Drops ecosystem, in order to improve reliability and security for DeFi x NFT applications.

Oraichain will deploy our innovative NFT solutions developed for the aiRight ecosystem to the Drops NFT X DeFi platform. …


Beyond selling and buying NFTs on Marketplace, aiRight implements yet another powerful DeFi tool for Gallery: yield farming. “The Warrior” gallery is now tokenized and ready for farming, starting at 14:00 UTC 3 June, 2021!

SamORAI Token Address: 0xe65b9e5fd7029169a81f13910f49c174d851f393

https://airight.io/nft-gallery/0xE65B9e5fd7029169a81F13910F49c174d851f393

About “The Warrior” gallery

“The Warrior” gallery features tableaux of a warrior finding and fighting for love, beauty, courage, and wisdom. This is our debut collection of artworks to celebrate the launch of aiRight and demonstrate our appreciation of the Oraichain community — all true warriors!

The token symbol associated with this gallery is SamORAI. Every holder of an NFT from this gallery will have…


The world’s first complete system for AI x NFT x DeFi is launched 🚀🚀🚀

https://airight.io

Oraichain is proud to be the ecosystem provider for aiRight: securing AI functionalities via AI Oracle, accessing Marketplace, organizing Galleries for DeFi, and cross-chain bridging for NFTs.

Features

All fundamental features are available on launch:

  1. AI Generator: Creating artworks and instantly securing copyrights
  2. Marketplace: Selling and collecting NFTs effortlessly on Oraichain
  3. Gallery: Showcasing collections and artistic cultures by multiple artists
  4. Farming: Tokenizing galleries and facilitating mining pools
  5. AI Oracles: Verifying uniqueness of NFTs with the world’s largest NFT database and also applying for AI Oracle services to…


Oraichain is pleased to announce our newest partnership with Fomo Lab. Fomo Lab will be the first intensive partner to consume Oraichain’s core AI technology for NFTs, which is developed for aiRight, into their platform. Oraichain will provide all AI Oracle services and support them one-on-one in their development of Fomo Lab NFT Verification Platform. In addition, Fomo Lab will make aiRight DeFi and Gallery opportunities readily available to its users.

We are excited to support the growth of the Fomo Lab ecosystem and strengthen NFT uniqueness validation capabilities for the entire NFT space. We will be working closely with…

Oraichain

Oracle Artificial Intelligence for Blockchains. Visit our website: https://orai.io/. More details of Oraichain & its products at: https://medium.com/oraichain

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