Oraichain is a secure and intelligent solution for emerging web3, scalable dApps, and decentralized AI services. It enables developers to build AI-powered decentralized applications and services while maintaining privacy and security. Oraichain supports smart contracts, decentralized data storage and analysis, and integrates artificial intelligence and machine learning algorithms for advanced analytics and decision-making. It is one of the leading blockchain platforms offering AI services on-chain. The native cryptocurrency of Oraichain is ORAI, which is used for governance, staking, and incentivizing network validators. ORAI holders can delegate their tokens to validators to help secure the network and earn rewards. The Oraichain network is governed by a decentralized autonomous organization (DAO), and ORAI token holders can become members of this DAO to participate in network governance and contribute to the ecosystem's development and plans.

Oraichain is an AI-powered oracle and AI Layer 1 that provides a complete AI ecosystem. It serves as a foundational layer for creating smart contracts and dApps. The protocol is built on a CosmosSDK-based blockchain, supporting programming and smart contract execution using the Cosmwasm IDE. While similar to Band Protocol and Chainlink, Oraichain focuses more on the quality of AI models and APIs. It acts as a bridge connecting AI to blockchains, using AI models to consume and create data on smart contracts. Oraichain's AI-supported Layer 1 decentralized network supports the data economy and provides decentralized oracle services. It utilizes AI-based price prediction APIs as inputs to smart contracts, reducing yield trading complexity. Oraichain's AI technology provides accurate data and price prediction APIs for creating advanced smart contracts that can securely perform complex functions in a decentralized manner.

Oraichain was founded by Dr. Chung Dao, Dr. Duy Vu, and Dr. Diep Nguyen, experts in AI, blockchain, and finance. The Oraichain mainnet launch occurred in February 2021, followed by the development and release of AI services, DeFi applications, and other technologies. Throughout 2021, Oraichain focused on partnerships, expanding the network of validators, and listing its native token, $ORAI, on leading exchanges. By the end of 2022, the network had 34 validators and over 10,000 delegators. The Oraichain ecosystem witnessed the launch of more than 20 dApps across AI, data, and web3. OraiDEX, the native DEX of the blockchain, facilitated over $22 million in trading volume from 6,000+ users since its end-March 2022 launch. In February 2023, the DAO approved new transaction fee settings to prevent spam transactions and increase incentives for validators.

Investing in $ORAI, the native token of one of the first AI-based projects in the blockchain and crypto industry, could be beneficial. Oraichain is an established project bringing artificial intelligence to the blockchain. The demand for the ORAI token could increase with rising interest in blockchain-powered AI solutions. Additionally, higher adoption of Oraichain's technology by developers, users, and businesses could contribute to an uptrend in the $ORAI price. Positive sentiment in the crypto market and a risk-on mood in the global financial markets could also support the value of the Orachain project.

Offering an accurate ORAI crypto price prediction over any duration is impossible. However, several fundamental factors could influence the token's price action. These factors include on-chain activity, future developments, and the market outlook. As more developers build dApps on the Oraichain network or utilize its technology, the ORAI crypto price could become more valuable. New features, upgrades, partnerships, integrations, and investments into the project could also support the ORAI price. A favorable outlook toward cryptocurrencies, AI, DeFi, and web3 could drive uptrends in the price of Oraichain. However, it's important to note that cryptocurrency markets can be volatile and subject to sudden changes.

The ORAI token serves critical use cases within the Oraichain ecosystem. It functions as a utility token for paying transaction fees and purchasing data sets and oracle services on the Oraichain marketplace. Additionally, ORAI can be staked by validators to participate in block production and secure the network. Token holders can also delegate their ORAI for staking, earning passive income. ORAI holders have governance rights and can contribute to the project's decentralized governance mechanism. Furthermore, ORAI can be traded against other digital assets for potential profit. However, it's important to approach trading cautiously and consider various factors impacting the cryptocurrency market.

Staking ORAI tokens on Oraichain's network is a way to secure the network and earn passive income. Validators are responsible for creating new blocks and are chosen randomly. To stake ORAI on Oraichain:

1. Visit the Staking section on the official website of Oraichain and connect your Keplr wallet to it. If you don't have a wallet, create one on Keplr and fund it by buying ORAI on supported platforms like BYDFi.
2. Click the Validators tab to view information on available validators. Review their details and choose a validator to delegate your tokens.
3. Click Delegate and enter the number of ORAI tokens you want to stake.
4. Confirm the transaction from your wallet to process your staking transaction.
5. Earn rewards and grow your portfolio by staking ORAI on Oraichain.

Oraichain has partnered with several leading blockchain ecosystems, including TRON, KardiaChain, Astar Network, Syscoin, CosmosWasm, Ocean Protocol, and VAIOT. Oraichain's fully on-chain VRF is live on blockchains like Fantom and Avalanche.