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[New York, Thursday] OORT DataHub, a leading decentralized AI data collection solution dApp, launches on Binance Wallet, making it available across multiple chains. Since this is the first data collection dApp on Binance Wallet, the integration presents a significant leap for decentralized AI, allowing over 486 million total users to contribute to a growing community of AI data collectors.
The rapid adoption of artificial intelligence led to an increased demand for high-quality, diverse, and unbiased datasets. However, in addition to opening up Pandora’s box of ethical and transparency concerns, centralized data collection methods are unable to meet the demand and often lack in quality and diversity, while also leading to increased operational costs. To cross this hurdle, OORT created the only self-contained decentralized solution for data collection, storage, and processing.
According to Grand View Research, the data collection and labeling market was valued at $3.77 billion in 2024 and is expected to reach $17.10 billion by 2030, driven by the rising demand for top-grade data for training ML and AI models.
OORT’s current success is a testament to this, as the project has already logged 300k registered users, 80k+ of them interacting with the platform daily. Moreover, OORT already made news when some of its community-sourced datasets reached the No.1 spot in multiple categories on Google’s Kaggle.
This isn’t surprising as OORT incentivizes the community to contribute to data collection for AI training in exchange for rewards in the form of USDT, which is a significant driver in its fast adoption and the ability to amass first-class datasets. The Binance Wallet integration will make the process even more seamless as users across the chains will be able to interact with the platform without hassle.
In the broader sense, this strategic initiative is beneficial to multiple parties in both the Web2 and Web3 space, including researchers and developers in multiple industries, as high-quality datasets will become more readily available. Consequently, Binance Smart Chain (BSC) will also benefit because there are currently no decentralized data collection solutions integrated into Binance Wallet, potentially strengthening the ecosystem as a hub of innovation and attracting new developers to the chain.
A trailblazer in the decentralized AI era, OORT offers a trustless infrastructure built for the future of AI. Powered by the Olympus protocol, OORT provides enterprises and individuals with a suite of decentralized AI products, focused on three core areas in AI development: OORT DataHub (for data collection and labeling), OORT Storage (for data storage), and OORT Compute (for model training).
OORT has received funds and grants from prominent investors, including Taisu Venture, Red Beard Venture, Microsoft, and Google, and has secured world-renowned partnerships and clients, such as Dell, Tencent Cloud, Seagate, Lenovo Image, and Binance Smart Chain.
Official website: https://www.oortech.com/
Connect to BinanceWallet: OORT DataHub dApp
Foundation website: https://www.oortfoundation.org/
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