What is Oraichain?

Symbol: ORAI · Market cap rank: #1410

Short answer

Oraichain (ORAI) is a cryptocurrency currently ranked #1410 by market capitalisation. It is classified as oracle, AI, blockchain.

Source: isthiscoinascam.com

Overview

Oraichain is a data oracle platform that aggregates and connects Artificial Intelligence APIs to smart contracts. It is described as using AI APIs to consume or create data on the fly via virtual machines on smart contracts, with test cases intended to improve data quality, reliability, and security. The description also presents Oraichain as interconnecting Artificial Intelligence and blockchain technologies through components including an AI API marketplace, a data and request hub, a publisher service, a training service, and dapp hosting.

The Oraichain network is described as providing infrastructure and consensus mechanisms for blockchain operation and AI training. The first cited use case is yAI.finance, a DeFi platform using AI-based features and strategies. No founding year, founder names, native chain, token supply cap, or governance model are provided in the source text.

Launched: 2020

Headquarters: Singapore, Singapore

Scam-risk analysis

Oraichain has a low score, indicating elevated scam risk based on the available data. Is Oraichain a scam?

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