Allora

Allora is a decentralized AI network that aims to produce more accurate results than individual models by combining predictions from machine learning models run by different participants. The network is made up of "topics" organized around specific questions such as price prediction or risk analysis, and applications can buy inferences from these topics. ALLO is the native token of the Allora chain, which is built with the Cosmos SDK.

There are three core roles in the network. Workers produce predictions with their own models; in addition, they forecast how accurate other workers' predictions will be under current conditions. Reputers measure how well the predictions performed once actual outcomes are known. Using this information, the network weights and combines predictions in a context-aware way. ALLO is used to pay inference fees, for staking by reputers and validators, and for participant rewards.

The ALLO price can be affected by the number of applications buying inferences from the network, supply from reward distribution and unlocks, competition among decentralized AI projects and general market interest in this theme. On its Allora page, Lzzo.com publishes the Binance ALLO/USDT price converted into dollars at Coinbase Exchange's USDT/USD rate, together with a chart.