OORT DataHub has officially launched its Decentralized AI (DeAI) data collection dApp on Binance Wallet – marking a significant milestone as the first-ever DeAI application to debut on the platform. This strategic move positions OORT at the forefront of the DeAI revolution, providing its decentralized data collection, storage, and processing infrastructure directly to over 486 million potential Binance Wallet users.
By integrating with Binance Wallet, OORT is not just scaling user access to its AI training DataHub; it’s also pioneering a new narrative on how machine learning datasets are sourced, owned, and rewarded in a decentralized ecosystem.
AI Training Bottleneck: A Shortage of High-Quality Datasets
One of the pressing challenges faced by large language models (LLMs) today is the looming data drought. This impending scarcity can be attributed to the exponential growth of LLMs, which has significantly increased the demand for high-quality, unbiased datasets. According to the EPOCH AI trends dashboard, the training dataset size for language models has grown by a staggering 3.7 times annually since 2010. At this trajectory, industry estimates suggest that we could run out of AI training data between 2026 and 2032, depending on the pace of LLM development.
Why Decentralization Could be the Answer
OORT’s DataHub dApp heralds a new era for collecting, storing, and processing AI training data. Instead of relying on centrally controlled databases, this decentralized approach fosters a collaborative ecosystem where participants are encouraged to contribute to building larger, high-quality, and diverse datasets.
Consider the OORT DataHub, now available on Binance Wallet. Existing users are empowered to enhance LLM training datasets, breaking the hold that a handful of tech giants—like Meta, Microsoft, and Google—have had over data accumulation due to their extensive pre-existing databases.
The incentive model of the DataHub is particularly noteworthy. Users earn USDT for performing simple tasks, such as collecting and preparing datasets for AI training. This creates a win-win situation: researchers and developers gain access to a steady stream of high-quality data, and contributors receive rewards for their participation.
The momentum for the DataHub’s decentralized AI data collection model is palpable. A recent Town Hall update indicated over 307,000 signups, signaling robust interest. Furthermore, the dApp has already amassed over 100,000 home repair tool images and recorded 300 downloads of an open-source subset available on Google’s Kaggle.
With the recent integration into Binance Wallet, OORT is poised to attract even more contributors. The wallet’s multi-chain support provides a seamless user experience, further bolstering its appeal. Additionally, this development strengthens Binance Smart Chain’s position as a leading Web3 innovation hub, as it had previously lacked decentralized data collection solutions.
