New Listing - Allora (ALLO) & Walrus (WAL)

BtcTurk | Global, the international arm of Turkish cryptocurrency exchange BtcTurk, has announced the listing of two new tokens: Allora (ALLO) and Walrus (WAL). Deposits and withdrawals for both assets will open on June 16, 2025 at 12:00 UTC, and trading is scheduled to commence on June 18, 2025 at the same time.

Allora (ALLO) is the native cryptocurrency of the Allora network, a decentralized, open-source AI and machine learning coordination platform. Founded in 2019 by Kenny Peluso and Nick Emmons, Allora combines outputs from multiple AI models to produce optimized collective intelligence. Users can spend ALLO tokens to purchase AI-powered predictions and analytics under a pay-what-you-want model, while those who create topics or join as workers or evaluators must pay registration fees in ALLO. Holders can also stake ALLO to secure the network or delegate to successful evaluators for a share of rewards, and experts who generate accurate forecasts, honest evaluators, and validators all receive ALLO as compensation.

Walrus (WAL) is a decentralized data protocol designed for large-scale digital data and AI datasets, announced by Mysten Labs in 2024 with its token launched in March 2025. The Walrus infrastructure runs on the Sui blockchain. WAL is used by users and dApps to pay for data storage, and holders can stake tokens to trusted node operators in exchange for rewards. WAL also serves as a governance token within the network’s DAO, allowing participation in decisions on protocol upgrades, storage pricing, and penalty parameters. The total supply of WAL is capped at 5 billion tokens. Node operators earn WAL for honest data storage, while malicious behavior can lead to slashing of staked collateral.