Allora is a "self-improving decentralized AI network" that connects many small, specialized machine learning models into a network, allowing them to evaluate and combine outputs, thereby providing more accurate and verifiable predictions and reasoning services for scenarios such as DeFi, oracles, and strategy automation. Specific information is as follows:

First, Allora is a decentralized AI network project developed by Allora Labs. This team was previously called Upshot and mainly focused on NFT evaluation before shifting to the AI field. The founders include Nick, and the team has experts in AI, machine learning, and blockchain, but the official website does not list specific names. Allora's co-founder Nick Emmons is an American and a resident of New York. The project's headquarters is located at 10 Williams Street, Suite 41, Boston, Massachusetts, USA, and registration information shows its registered location is in the Cayman Islands.

Two, Allora started around 2022, first with Upshot creating an NFT pricing tool, and later transformed into a decentralized AI network in 2024. In June 2024, new funding was raised, and after the testnet went live, it has run over 692 million AI inferences, attracting 288,000 'worker' models participating in over 55 topics. The mainnet is expected to go live on November 11, 2025, and is currently in the final sprint phase.

Three, the total financing scale of the project is approximately $35 million, divided into multiple rounds: strategic round of $3 million in June 2024, A2 round of $23.3 million in March 2022, A round of $7.5 million in March 2021, and seed pre-round of $1.25 million in February 2020. Major investors include well-known funds such as Polychain Capital, Framework Ventures, Blockchain Capital, Delphi Digital, CoinFund, CMS Holdings, Mechanism Capital, Slow Ventures, as well as angel investors like Stani Kulechov and Kain Warwick.

Four, the community has conducted several airdrop activities, including the Model Forge competition - allowing AI enthusiasts to build models and win rewards, Research Forum discussing papers, and Testnet for everyone to test and earn points. There are numerous posts on X accusing Allora's airdrop of being a 'scam', claiming that EVM points and staking rewards were not fulfilled, only given to a few, leaving many feeling deceived. Early tasks such as Galxe activities and point competitions are still being promoted, but trust has somewhat wavered.

Five, the ALLO token is the 'currency' of the network, used to incentivize model contributions, pay for prediction services, and stake to earn rewards. In total allocation, early supporters get 31.05%, core team 17.5%, community 9.3%, network emissions 21.45% (slowly released to users), foundation 9.35%, ecological partners 8.85%, and 2.5% for high-end staking.

Six, the total issuance of tokens is 1 billion ALLO, with an initial circulation of 20.05%.

Unlock plan: core contributors and supporters will unlock 33% after a 12-month lock-in, with the remaining 24 months linear; the foundation unlocks 4.925% on the first day, with the remainder linear over 2 years; ecological partners unlock half on the first day, with the remainder over 2 years; network releases are issued through a smooth curve without fixed unlocks to ensure long-term rewards.

Based on the issuance and financing scale of the ALLO token, its listing price on Binance was seen at $0.2, but it is necessary to prevent the project team from discounting the token price on Double Eleven, take advantage of the airdrop and don't chase the price too high.