Binance Alpha ALLO @ AlloraNetwork November 11th AlloraNetwork is a self improving decentralized AI network positioned in the DeAI arena, and has received a total of $35M in funding from institutions such as Polychain Capital and Framework Ventures. The total amount of ALLO is 1 billion, with an initial circulation of 20.05%, and investors and team tokens locked in for 12 months. 1、 Fundamentals AlloraNetwork is positioned as a decentralized artificial intelligence infrastructure platform, focusing on coordinating and aggregating machine learning models to provide context aware predictive services. In DeAI track, the unique "reasoning synthesis" method is adopted, which is different from the traditional single model or pure computing market. Technical features: Modular theme: Organize intelligent tasks into specialized "themes" that support price prediction, sentiment analysis, revenue optimization, and more • Reasoning synthesis: Continuous improvement achieved through weighted aggregation of workers (ML models) and validators, combined with reinforcement learning Self improvement feedback loop: Workers predict the output of other models, validators evaluate accuracy, coordinators adjust weights ZkML verifiability: ensures that the predicted results are cryptographically provable and supports secure on chain integration 2、 Financing and Endorsement 5 rounds of financing totaling 3500 yuan ➤ Seed round: February 2020, $1.25 million, early angel investor ➤ Series A: May 2021, $7.5 million, investor: Blockchain CapitalFramework Ventures, CoinFund, Delphi Ventures, Stani Kulechov(Aave Founder), Kain Warwick (Founder of Synthetix) ➤ Series A Expansion: March 2022, $22 million, Investor: Polychain CapitalBlockchain Capital, Framework Ventures, CoinFund, Mechanism Capital ➤ Pre Seed: February 2024, $1.5 million, investors: Blockchain Capital, Delphi Digital ➤ Strategic round: June 2024, $3 million, led by CMS Holdings, Archetype, DCF God, Delphi Ventures Investment institutions can be considered luxurious, especially Polychain Capital, which has invested in Uniswap and Helium. There are also several well-known celebrities: Stani Kulechov (founder of Aave); Kain Warwick (Founder of Synthetix); Ryan Selkis (Founder of Messari) 3、 Founder/Team Nick Emmons (co-founder and CEO) Background: Technology entrepreneur, focusing on blockchain and AI • Experience: Served as Chief Blockchain Engineer at John Hancock Prospective Laboratory from 2018 to 2019 • Achievement: Led $35M financing and achieved integration with Coinbase, PancakeSwap, and others • Expertise: Decentralized AI Market, Goal oriented Intelligence, Reinforcement Learning Kenny Peluso (co-founder and CTO) Background: Bachelor of Applied Mathematics from Brown University, Full Stack Developer • Experience: John Hancock, blockchain/ML/full stack developer, Hugging Face team leader • Achievement: Co authored a paper on reasoning synthesis, achieving a prediction accuracy of 95-99% • Expertise: Integrated modeling, zkSNARKs, Cosmos SDK, and AI bridging 4、 Token Economy Total amount: 1 billion ALLO Token allocation: Investors: 31.05%, locked in for 12 months, then unlocked for 33%+linearly released for 24 months Online incentives: 21.45%, TGE unlocks 3.2%, Bitcoin style halving plan continues to be released Core contributors: 17.50%, same as investors: 12 months+33%+24 months Foundation: 9.35%, TGE unlocks 4.9%, remaining portion will be released linearly over 2 years Community: 9.30%, TGE unlocks 5%, the remaining portion will be distributed to the ecosystem in the future Ecosystem collaboration: 8.85%, TGE unlocks 4.4%, remaining 2 years of linear release Allora Prime Pledge: 2.50%, fully unlocked TGE TGE initial circulation rate is 20%. Estimated opening FDV of 100 million and circulating market value of 20 million. 5、 Overall rating Overall rating: 7/10 Project advantages: Differentiated technology in the DeAI field, backed by first-line VC investment, financing, team strength, etc. It depends on the price at which it opens. There is selling pressure at the opening, and it also depends on how the project side wants to operate. The US government has reopened and the market has improved. I think it may hit first and then pull again. Let's observe the opening and see for ourselves.