According to ChainCatcher, the decentralized AI and DePIN project OORT announced an update to its token economic model. The total amount of OORT tokens is 2 billion. Key changes include:
400 million OORT tokens will be allocated as OORT Edge network node rewards in the next five years, and another 800 million OORT will be locked for five years from September 15, 2024. The lock-up address will be announced soon;
The unlocking period of the 200 million OORT tokens allocated by the founding team has been extended from the original four years to six years to align with the long-term healthy development goals of the OORT ecosystem.