PANews news on January 13, according to official news, AI Arena announced that it has established the CortX Foundation to support the growth and development of the AI Arena ecosystem, and also announced the NRN Token Economics. In the Season 1 NRN Airdrop, 80 million Tokens will be distributed to the AI Arena community through the Airdrop, accounting for 8% of the total supply of 1 billion. Among them, 40 million Tokens will be used for the upcoming P2A tournament and 40 million Tokens will be used for the NRN Reward Box. According to previous news, AI Arena developer ArenaX Labs announced the completion of a $6 million funding round earlier this month, led by Framework Ventures, with participation from SevenX Ventures, FunPlus/Xterio and Moore Strategic Ventures.

Odaily Planet Daily News AI Arena officially announced that it has established the CortX Foundation to support the growth and development of the AI Arena ecosystem, and also announced the NRN Token Economics, 80 million Tokens in Season 1 will be distributed to the AI Arena community through Airdrop (8% of the total supply of 1 billion tokens). Among them, 40 million Tokens will be used for the upcoming P2A tournament and 40 million Tokens will be used for the NRN Reward Box.