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Today we're pleased to announce that Distilled AI has officially become a treasury company for the Oraichain ecosystem. This move solidifies our important position within the ecosystem and strengthens Oraichain's commitment to the convergence of AI and Web3. It also opens up avenues for more traditional and institutional investors to gain access and exposure to ORAI and its robust ecosystem.
Distilled AI began as a project focused on confidential computing and knowledge distillation. We have great faith in the future of these technologies in the AI space, and they will remain central to our tech stack. Nevertheless, we want to be more closely integrated with the Oraichain ecosystem, and our new business model allows us to continue building while also reinvesting our revenue directly back into the ecosystem.
Distilled AI will funnel all of its operating profits toward buybacks of ORAI, with the goal of eventually building up a treasury of ORAI. At the same time, we'll continue to innovate and build quality products that operate on the Oraichain network.
Distilled AI began as a project focused on confidential computing and knowledge distillation. We have great faith in the future of these technologies in the AI space, and they will remain central to our tech stack. Nevertheless, we want to be more closely integrated with the Oraichain ecosystem, and our new business model allows us to continue building while also reinvesting our revenue directly back into the ecosystem.
Distilled AI will funnel all of its operating profits toward buybacks of ORAI, with the goal of eventually building up a treasury of ORAI. At the same time, we'll continue to innovate and build quality products that operate on the Oraichain network.
