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January 9, 2025

OORT is thrilled to partner with Crypto Astronaut for the January 2025 Town Hall, featuring OORT CEO and Founder Max Li, alongside Michael Robinson, Chairman of the OORT Foundation. As the first Town Hall of the year, we’re excited to share a recap of our key achievements in 2024 and outline our strategic plans for 2025 with the community.

Significant Milestones of 2024

2024 was a landmark year for OORT, marked by significant achievements that set the stage for future growth. Key milestones included the successful launch of our token (TGE) on January 15, which continues to perform well in the secondary market under the guidance of a professional digital asset management team. Another highlight was the launch of DataHub, the world’s first decentralized data collection and labeling platform, addressing the critical demand for high-quality AI data. Additionally, we secured grants and support from Microsoft and Google, while forming strategic partnerships with leading companies like Binance, BNB Chain, and more. These accomplishments have not only established OORT as a leader in decentralized AI but also positioned us for greater success in 2025. For a full recap, check out our recent post here!

DataHub’s First Month Milestones

After just one month since the DataHub launch, OORT has onboarded nearly 80,000 contributors and collected over 100,000 data points—all achieved without a major marketing campaign. While we pause new task releases until January 20 to refine features, address challenges, and ensure data quality, our team remains confident in the platform’s potential. By tackling issues like fake and duplicate data submissions early, we’re solidifying our position as a leader in decentralized data collection. With a robust penalty system and a marketing campaign on the horizon, DataHub is poised to onboard even more global contributors and drive high-quality AI innovation.

OORT's 2024 Token Buyback & Burn

In 2024, OORT showcased its commitment to long-term growth and community value through a significant token buyback and burn initiative. Allocating 30% of its revenue, OORT repurchased and burned a total of 7.878 million tokens during the first three quarters of the year. This strategic effort highlights OORT Foundation's dedication to enhancing the value of its native token and fortifying its ecosystem. The Q4 token buyback is currently in progress—stay tuned for the final update!

Strategic Market-Making Plans Set 

On the market-making front, we are currently in discussions with several partners, with this effort being led by Dinuka, a former Ripple executive. Dinuka brings a robust strategy to the table, which is still in progress. While we can’t share specifics just yet, 2025 is poised to be a pivotal year for OORT’s liquid token strategy, with Danuka’s approach playing a central role. 

Scaling OORT’s Data Hub with Global Partners

OORT is collaborating with several annotation and data labeling companies from diverse regions, including Asia and the Middle East, to enhance data quality and scalability. While these partnerships remain confidential for now, they play a crucial role in supporting OORT’s growth and readiness to serve high-profile AI and tech firms as potential clients. As demand for high-quality AI datasets increases, OORT, alongside its partners, is dedicated to delivering exceptional results for model training and fine-tuning in the decentralized AI landscape.

2025: A Transformative Year for Decentralized AI and OORT DataHub

In 2025, OORT is set to lead the way in decentralized AI, with DataHub as the cornerstone of our vision. Positioned at the heart of the AI industry's explosive growth, OORT aims to solidify its leadership by enhancing the platform, building global brand awareness, and integrating strategic products like OORT Compute and Storage. Through unified efforts across product, marketing, business development, and tech teams, OORT is committed to creating the world’s best decentralized AI data platform to drive global AI innovation.

OORT will deploy $1 million in grants to support decentralized AI projects, host impactful hackathons starting with ETH Denver, and strengthen our DeFi strategy through partnerships and cross-chain initiatives.

We invite our community to join us in shaping the future of decentralized AI. By contributing to data collection and verification, the true value lies in the experience itself—not just the rewards. With a focus on high-quality data, OORT ensures the accuracy and integrity of AI model training, preventing costly errors. As we continue to lead in the decentralized AI space, stay tuned for exciting updates and incentives that offer meaningful opportunities for community involvement.

Follow OORT’s socials for the latest developments and join us on this journey to redefine decentralized AI.

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