What is the current price of OORT?
The current price of OORT is $0.001982 with a 0.37% change in the last 24 hours.
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OORT is a decentralized AI data company and network. OORT is also the name of the token used to pay for its services, stake with node operators and vote on governance. Its main product, OORT DataHub, crowdsources and processes data for training AI models. OORT Edge is a network of community-run nodes that store and process that data, and both run on Olympus, OORT's own layer 1 blockchain. The project matters because it applies the DePIN model (community-owned hardware paid in tokens) to AI data supply, a part of the AI stack that is usually handled by centralized vendors.
According to its documentation, OORT was founded in May 2021 and is headquartered in New York, with offices elsewhere. The token exists natively on the Olympus mainnet and as bridged versions on Ethereum and BNB Smart Chain.
OORT's docs quote Max (Chong) Li as founder and CEO, and say core team members come from Columbia University, Qualcomm, AT&T and J.P. Morgan. The project lists Taisu Venture and Red Beard Ventures as investors and says it has received grants from Microsoft and Google. It also claims 2 US patents and 4 academic publications behind its technology.
The name comes from the Oort Cloud, the theoretical outer edge of the solar system. Before its mainnet launched, the network went through three public testnets: Dome-A, Huygens and Ascraeus. The Ascraeus mining guides are dated February 2023.
OORT's stack has three layers:
Data layer (DataHub) Contributors complete data collection and labelling tasks, and enterprises buy the resulting datasets or commission custom ones. OORT also sells RLHF (human feedback for model alignment) and ready-made datasets.
Infrastructure layer (OORT Edge and Storage) Edge nodes, including OORT's own "Deimos" hardware, provide storage, compute and bandwidth. OORT Storage is an S3-compatible decentralized object store that uses erasure coding. The docs say it runs on more than 27,000 geo-distributed nodes and is priced "up to 80% cheaper than AWS".
Settlement layer (Olympus) Olympus is described as a DAG-based layer 1 optimized for DePIN. It separates consensus from transactions. "Witnesses" elected each epoch run a fast BFT-style consensus that orders blocks on the DAG, and those blocks seal user transactions. The chain is EVM and Web3 compatible (mainnet chain ID 970), so tools such as MetaMask, Hardhat and Truffle work with it.
The tokenomics page lists three uses for the token:
Fixed supply mechanics:
Most decentralized AI projects focus on compute (GPU marketplaces) or on model networks. OORT focuses on the data supply chain: collecting, labelling and verifying training data. It sells that data to enterprises and supports it with its own storage network and chain. It also presents itself as a company with named enterprise partners and fiat billing, and does not rely on token incentives alone.
Olympus uses stake-based consensus. Witnesses must hold a 500,000 OORT staking pool, are elected for each epoch, and reach BFT-style agreement on the order of blocks, so dishonest behaviour puts their stake at risk. Elsewhere, OORT's materials describe its consensus as a patented "Proof of Honesty" mechanism. The docs link a yellow paper that contains the formal security proofs. On Ethereum and BNB Smart Chain, the bridged OORT token (0x5651fa7a726b9ec0cad00ee140179912b6e73599 on both) relies on those chains' security, as well as on the bridge.
AI models depend on large amounts of high-quality, well-labelled data, and most of that supply is controlled by a few vendors. OORT is one of the more developed attempts to crowdsource that supply, pay contributors in a token and settle the work on its own chain. That makes it a useful reference point for anyone following the overlap between DePIN and AI.
OORT is available natively on the Olympus mainnet, and as tokens on Ethereum and BNB Smart Chain at 0x5651fa7a726b9ec0cad00ee140179912b6e73599. It trades on centralized exchanges and on decentralized exchanges on those chains. Before trading or bridging, check the contract address and the official links page.
https://mainnet-rpc.oortech.com.Track OORT live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for OORT on CoinRithm before using real money.
Use a crypto paper trading account to demo trade OORT with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading OORT with real money.
Read the complete paper trading guideThe current price of OORT is $0.001982 with a 0.37% change in the last 24 hours.
The daily trading volume is $4,728.75 representing a 24.17% change in the past 24 hours.
The market capitalization of OORT is $1,481,125, ranking #869 globally.
The fully diluted valuation (FDV) of OORT is $3,963,564, calculated assuming the maximum supply of 2,000,000,000 OORT is in circulation.
Circulating: 747,370,083. Total: 1,998,900,000. Max: 2,000,000,000.
In the last 24 hours, OORT traded between a low of $0.001963 and a high of $0.001983.
OORT/USDTTether USDT0.001982 USDT
OORT has partnered with ShareX to connect physical data with decentralized AI, aimed at advancing real-world assets, security, and scalable Web3 applications.
For an industry that prides itself on decentralization and constantly lauds its benefits, crypto exchanges being so reliant on vulnerable centralized cloud platforms for their own infrastructure feels like hypocrisy, argues Dr. Max Li, founder and CEO of OORT.
