Orama Labs Launches $5 Million Eco Fund for Frontier Tech Ventures

Orama Labs’ $5 million ecosystem fund targets DeSci, AI, and DEPIN innovations, awarding $PYTHIA tokens to projects like Kingnet AI and ZENO for blockchain-integrated development.

Summary

Orama Labs announced a $5 million ecosystem fund to promote innovation in decentralized science (DeSci), artificial intelligence (AI), and decentralized physical infrastructure networks (DEPIN). The fund provides both financial resources and blockchain integration support. Kingnet AI was allocated $1 million in $PYTHIA tokens, while ZENO received $200,000 in $PYTHIA rewards to advance space intelligence and AI gaming projects.

Terms & Concepts
  • DeSci: Short for decentralized science, it refers to using blockchain and decentralized tools to advance scientific research.
  • DEPIN: Decentralized physical infrastructure networks that leverage blockchain for managing and incentivizing physical infrastructure deployment.
  • Full-chain support: Comprehensive assistance leveraging blockchain technology across all aspects of a project’s operations.