Upshot

Upshot, which presents itself publicly as Allora Labs, develops infrastructure at the intersection of artificial intelligence and crypto. Its stated mission is to "commoditize the world's intelligence" by delivering decentralized AI infrastructure that gives developers a source of self-improving collective intelligence. The company's principal work supports Allora, a trustless, self-improving decentralized AI network announced in February 2024, alongside use cases spanning lending protocols, marketplaces, oracles, wallets and indices.

The company began as a blockchain-based protocol designed to incentivize experts to answer subjective questions honestly and to capture the value of truth. Its first product, Upshot One, provided valuations of non-fungible tokens, combining crowdsourced appraisals with proprietary machine learning to price NFTs and enable DeFi applications built on those valuations, such as an on-chain oracle using Upshot NFT price appraisals. In February 2023 it added Upshot Alerts, a feature giving users real-time updates on NFT collection floor prices and market movements, including tracking of so-called smart money movements.

Publicly available code repositories under the company's GitHub organization reflect this trajectory, spanning NFT analytics subgraphs, a Reservoir Protocol indexer fork, an Upshot NFT price oracle in Solidity, node infrastructure-as-code, a Blockless runtime extension for the Upshot network, and an Allora adapter.