Preface:

The crypto market has never lacked opportunities to make money; stepping into one or two can lead to a hundredfold chance, solving all life's troubles.

On the contrary, many people's stories have always been: entering with nothing and leaving in debt, only contributing fuel to the market.

So if we approach the market differently, could it be a different scenario? For example: you enter with nothing, start off in debt, but eventually, you become unwilling to accept this and begin to study the deeper logic of the crypto market, constantly seeking new narrative opportunities amidst the ups and downs…

Two attitudes can lead to vastly different outcomes.

So when something appears before you, do you treat it as a piece of garbage and curse it, or do you adopt a learning mindset, first accepting it, then digging into its underlying logic, and finally deciding whether to invest or discard it?

1. Grasping the Underlying Trends in the Crypto Space to Make Tenfold or Hundredfold Gains

One underlying logic of the crypto space is that the market has never lacked new concepts, adhering to the principle of "faster, newer, more monopolistic."

Even if most new concepts are iterations of previous methods, they can still bring new waves and speculation to the market, such as:

• The earliest ICOs, where a worthless coin could yield dozens to hundreds of times returns;
• After ICOs, IEOs began, with exchanges issuing coins, yielding annualized returns of 3-40%;
• When IEO returns were not as high, INOs emerged, where hundreds to thousands of times returns were seen in 2021;
• Concurrently with INOs, IDOs were also being played, with returns of 10-50 on Coinlist being common;
• IDOs evolved into LBP, which may not have made big waves but still allowed for profits;

From the above, we can see that since 2017, every change in asset issuance methods has ignited a wave of new projects, allowing every early holder to gain new returns.

Have we considered that in 2023-2024, several projects in AI within Web3 could yield dozens of times returns, yet there hasn't been an IXO platform emerging?

In 2023 alone, $189 billion was invested in traditional AI companies, but 99% of that could not be monetized.

AI has many community platforms in Web2, especially graphic and image platforms, such as C Station and Bilibili;

These large model platforms based on Stable Diffusion release a massive number of personally trained models every day, but have you thought about how to monetize them?

If the model you trained generates images that earn hundreds of thousands on Xiaohongshu after someone downloads and uses it, while you are still worrying about whether to upgrade to a 4090 graphics card, what would you think?

The same goes for Web3; with so many AI projects, as a project party: how do you attract users, how do you quickly issue tokens, and how do you obtain continuous user interaction? How does your large model monetize? How do your users monetize?

At this point, a comprehensive market for large models that integrates Web2 and Web3 is needed, as Web2 has not figured out how to monetize in this regard either. If there is a solution that meets the needs of project parties, model training teams, users, and platforms, wouldn't that represent a space for dozens or hundreds of times returns?

This March, an AI project named Ora Protocol emerged, proposing the concept of IMO (Initial Model Offering) for the first time, with the first AI token $OLM increasing 60 times within a week of its sale.

0xe5018913F2fdf33971864804dDB5fcA25C539032

Isn't it fascinating? Let's take a look at the deeper logic of Ora Protocol and how early users can obtain airdrops, then decide whether to continue following up.

The following sections are divided into:

• Core Mechanism of Ora Protocol
• Commercial Value of Ora Protocol
• How to Claim Ora Protocol Airdrops
• How to Participate in New Offerings on Ora Protocol

2. Core Mechanism of Ora Protocol

Ora Protocol is a tokenization platform for AI models (IMO), where any AI team can issue their own tokens on the Ora Protocol platform.

If you are a WEB3 AI developer, besides doing various development and training tasks, you also need to handle marketing, operations, and think about how users generate revenue…

With Ora Protocol, you don't need to do too much; just focus on backend technical support while leaving the frontend token issuance and market tasks to Ora Protocol.

How is this achieved? You only need to understand a few core issues:

• Ora Protocol ensures that a certain AI model is genuine through Onchain AI Oracle (OAO) and opML (Optimistic Machine Learning), and can correspond to the token you hold.
• Ora Protocol connects AI models and their generated economic value with token holders through the ERC-7641 token standard; through ERC-7007, known as "Verifiable AI-Generated Content Token," it ensures that AI works cannot be altered or forged, allowing for profit-sharing from subsequent uses and creations of AI models.

Thus, the overall logic of IMO becomes very clear: AI model developers need to raise funds, binding the model to a certain token for IMO; buyers purchase tokens and, according to the rules of the token's smart contract, enjoy profit-sharing from subsequent uses and creations of the AI model.

3. Commercial Value of Ora Protocol

In 2023 alone, $189 billion was invested in traditional AI companies, but 99% of them could not go public, and the traditional world cannot solve issues like tracking and value sharing after their models are open-sourced.

It is reported that after Ora Protocol announced its intention to be an IMO platform, over 20 traditional AI companies approached ORA to seek public issuance through IMO, indicating how desperate AI companies are for monetization solutions.

Because of this, VCs are keen on the commercial potential behind it. After the launch of Ora Protocol, it has successively raised $23 million in two rounds of financing. Investors include:

Top investment giants Holychain, HF0 (a leading AI company incubator in the U.S.), Hashkey, DAO5, and Sequoia China.

https://x.com/OraProtocol/status/1805981228329513260

Since all AI models can be issued on-chain through Ora, it can be imagined that more and more AI projects will issue tokens on Ora Protocol in the future, leading to a sustainable business worth hundreds of billions, fully unlocking the imagination of the crypto AI market.

4. How to Claim Ora Protocol Airdrops (Starting July 1, Prepare in Advance)

Ora Protocol is preparing to launch its first airdrop event: there will be a cap of 10,000 ETH, and airdrop points will correspond to future tokens, which can be participated in using STONE/OLM/ETH.

• Core of Airdrop Interaction: Use the AI large model to brush gas, earning 3-6 points each time. The interaction method is as follows:

Step 1: Enter Ora Protocol and Bind Twitter

• Relevant task link: https://www.ora.io/app/tasks
• Link Twitter (10 points)
• Input code: TXY7XW (5 points)
• Link wallet

Step 2: Enter ORA Onchain AI Oracle and Make Transactions

• Click on ORA Onchain AI Oracle

• Choose any model

• If you're concerned about transaction fees, you can switch to another chain.

If you want to maximize your gains, use the $STONE token for transactions or use the Linea chain.

• Input a prompt or click "Surprise me"
• Confirm in your wallet

Each transaction will incur a fee of 0.0003 ETH + gas, and you can earn 3-6 points each time.

• Scroll down the page and click "Finalize"

Then you can see the transaction points on the POINTS page:

There is no limit on the number of transactions; this is a transaction-based airdrop, and the more transactions you make, the better.

The airdrop tutorial ends here, and the acceleration rewards will start on July 2.

Ora Protocol does not yet have its own platform token; the points we earn will later be exchanged for platform token airdrops. The tokenomics has not been released yet, so the value of the points cannot be calculated at this moment, but it can be seen on the transaction page that each ETH can earn 10,000 points, which can estimate the value of a point to be between 0.3 and 0.4.

Although there is a price difference between the cost of points and their value, if we hard brush, we may not earn much, so it is essential to brush under official activity bonuses, such as the first phase cap of 10,000 ETH starting on July 2.
Point acceleration activity:

• Time: 7/2 13:00 SGT
• Phase cap: 10,000 ETH/STONE + 300 million OLM: https://www.ora.io/app/stake

Rules: ORA Points Calculation Method:

• Points accumulate over time
• ETH, stETH, STONE earn 8 points per 1 ETH every 24 hours
• Every 24 hours, 10,000 OLM can earn 24 points
• Multiple assets can be staked
• Process: Go to https://www.ora.io/app/stake to stake STONE/OLM/ETH, points are settled and distributed daily.

5. How to Participate in New Offerings on Ora Protocol

Ora Protocol is a platform for issuing AI model tokens (IMO), and many AI projects will issue tokens on this platform. The first token issued on this platform is $OLM, which increased 60 times in a week.

It is reported that around July 7, the platform will issue the second Fair Launch, and STONE can be used for participation, so it’s good to prepare some STONE in advance.
References:

https://foresightnews.pro/article/detail/54971

https://www.chaincatcher.com/article/2115451

https://www.binance.com/en/square/post/6801873537834

https://x.com/arya_web3/status/1805491367646576923?s=46\&t=ImVlGABBYv-FTaT73CStFw