Clore.ai (CLORE)

GPU Marketplace

Clore.ai offers a peer-to-peer marketplace where users can rent high-performance GPUs for tasks like artificial intelligence training, video rendering, and cryptocurrency mining. It connects individuals and businesses with GPU owners who want to monetize their idle hardware. The marketplace supports flexible rental terms and transparent pricing.

AI and Rendering Services

Users can leverage Clore.ai to train AI models, including deep learning and Stable Diffusion models, in private and secure cloud environments. This allows artists, developers, and businesses to create custom AI-generated visuals and perform large-scale AI computations with privacy and control.

Cryptocurrency Mining

Clore.ai supports cryptocurrency mining by enabling GPU owners to rent out their hardware and earn Clore Coin (CLORE) tokens. The platform uses a Proof-of-Work blockchain with the KaWPOW algorithm, rewarding miners and hosts for their contributions.

Payment and Rewards

Payments for GPU rentals can be made using Clore Coin or Bitcoin. The platform features a Proof of Holding system that rewards users who hold CLORE tokens with discounts on fees and other benefits, encouraging engagement and loyalty.

Additional Services

Clore.ai has expanded its ecosystem to include services like Clore VPN for secure browsing and Clore Storage, enhancing its role as a decentralized computing platform. It also promotes energy-efficient GPU usage and supports renewable energy adoption among hosts.

Summary

Clore.ai is designed to make high-performance GPU computing accessible and affordable for AI development, video rendering, and mining, while rewarding participants with its native cryptocurrency and fostering a sustainable, decentralized ecosystem.

Pros

• Clore.ai connects individuals and businesses with high-performance GPUs for AI training, video rendering, and cryptocurrency mining, offering a flexible, minute-by-minute billing system.
• The platform supports background mining, allowing GPU owners to earn income even when their equipment is not actively rented.
• It uses its native cryptocurrency, Clore Coin (CLORE), which rewards hosters and encourages platform engagement through a Proof of Holding system that offers up to 50% discounts on commission fees.
• Clore.ai operates on a Proof-of-Work blockchain with the KaWPOW algorithm, promoting fair mining opportunities for GPU miners.
• The marketplace is cost-effective compared to traditional cloud providers and supports multiple computing frameworks with secure containerized environments.
• The platform emphasizes environmental sustainability by encouraging renewable energy use and energy-efficient solutions.
• Clore.ai has shown user growth and increased engagement, with a growing ecosystem including services like Clore VPN, Clore Storage, and CloreOS.
• It offers a decentralized, peer-to-peer marketplace that reduces hardware underutilization and provides scalable computing power.

Cons

• The token has experienced significant price volatility and recent declines compared to the broader crypto market.
• There have been concerns about transparency in development and governance, which may raise security questions.
• Legal and regulatory compliance issues have been noted, adding complexity to the project's standing.
• The platform has discontinued Bitcoin payments, now exclusively using Clore Coin for GPU rentals, which may limit payment options for some users.
• The circulating supply and market cap are relatively modest, which might affect liquidity and trading volume on some exchanges.

Founders and Key Team Members

• Jakub Ondrášek: Founder and CEO of Clore.ai. He has a strong background in developing mining pools for Ethereum and other cryptocurrencies. Jakub started in crypto early, opening a Monero mining pool at age 12 and running a mining farm in the Czech Republic during his teens. He is also the chief developer and visionary behind Clore.ai.

• Corey: Leads development of Clore’s desktop and mobile applications, bringing experience from creating the Vidulum Wallet.

• Loony: Expert in Machine Learning, heads product development and actively engages with the community.

• Val: CTO responsible for the platform’s technical strategy and overseeing the development team.

• Colin Fitzpatrick: A seasoned entrepreneur and technology professional involved in Clore.ai’s development, known for his experience in AI and web3.

• Brendan Playford: Co-founder involved in decentralized AI and blockchain technology, contributing to Clore.ai’s innovation.

• Georgii Verbitskii: Founder of TYMIO, also connected with Clore.ai’s ecosystem.

Note on Other Names

• Some sources mention founders named Alex and Sam, but the primary and most detailed information points to Jakub Ondrášek as the main founder and CEO of Clore.ai.

Investors Information

There is no specific public information available about individual or institutional investors in Clore.ai. The project was launched without a premine, ICO, or masternodes, which suggests it did not have a traditional fundraising round involving early investors.

Company and Funding

Clore.ai is a legally registered company based in the Czech Republic, founded in 2022. It has been mentioned in contexts related to potential investors and funding rounds, but no detailed list or names of investors have been disclosed publicly.

Investment Opportunities

Users and investors can participate by buying or trading Clore Coin (CLORE) on cryptocurrency exchanges. The platform supports spot trading and pledging to earn interest, but no direct information about venture capital or private investors is provided.

Halal Status of Clore.ai

Clore.ai is considered halal because it operates transparently as a legally registered company, uses a fair Proof-of-Work blockchain without premine or ICO, and promotes ethical participation through its Proof of Holding system. It provides a platform for GPU sharing used in AI training, rendering, and mining, which aligns with permissible activities. There is no indication of involvement in prohibited (haram) activities.