Orama Labs launches a $5 million ecosystem fund, with Kingnet AI and ZENO receiving the first grants.

According to Mars Finance, DeSci & AI asset protocol Orama Labs announced the establishment of a $5 million ecosystem fund to support the development of cutting-edge technology projects. The first batch of grants has been officially distributed, with Kingnet AI receiving $1 million in token incentives and the spatial intelligence project ZENO receiving $200,000 in token incentives. Notably, the ZENO project is driving the transition of "spatial intelligence" from theory to practice. Its mirror world platform responds to the industry prediction made by Stanford AI guru Fei-Fei Li that "the next big thing in AI is spatial intelligence." Kingnet AI, as an AI-driven game creation engine, significantly reduces game development costs through natural language processing technology. This reward will deepen the cooperation between the two parties at the technological and ecosystem levels. The Orama Ecosystem Fund will continue to screen projects with innovative technologies and clear business models, providing them with funding, resources, and full-chain support, with a focus on cutting-edge fields such as DeSci, AI, and DEPIN.