AI Arena establishes CortX Foundation and announces NRN token economics

AI Arena officially announced that it has established the CortX Foundation to support the growth and development of the AI ​​Arena ecosystem. It also announced the economics of NRN tokens. 80 million tokens in Season 1 will be airdropped (accounting for 8% of the total supply of 1 billion). ) distributed to the AI ​​Arena community. Among them, 40 million tokens are used for the upcoming P2A competition, and 40 million tokens are used for the NRN reward box. Odaily previously reported that ArenaX Labs, the developer of AI Arena, announced the completion of US$6 million in financing earlier this month, led by Framework Ventures, with participation from SevenX Ventures, FunPlus/Xterio and Moore Strategic Ventures.