{
 "symbol": "ALLO", "name": "Allora Network", "review_date": "2026-10-08",
 "reviewer": "AI", "model_id": "claude-fable-5-1", "logic_version": "value_v1", "prompt_sha256": "58434c62f807c2035cf603f7f93e6e22db880e9f4172968767efef7d1f326065",
 "one_sentence_zh": "Allora 是去中心化机器学习推理网络，消费者按「随意付费」模式用 ALLO 购买预测推理、worker/reputer 质押并获增发奖励；付费规模无可核数据。",
 "one_sentence_en": "Allora is a decentralized ML inference network where consumers buy predictions with ALLO under pay-what-you-want pricing and workers/reputers stake for emissions; paying demand has no verifiable data.",
 "red_lines": {
   "R1": {"hit": true, "note": "推理费采用「随意付费」且可为零；DefiLlama 无条目，官方文档与博客未披露任何费用收入数字，未找到可核实收入。命中。", "sources": ["https://docs.allora.network/home/tokenomics", "https://www.allora.network/blog/the-allora-foundation-unveils-allo-tokenomics-for-the-allora-network"]},
   "R2": {"hit": false, "note": "无回购/销毁计划，不存在出资来源问题。", "sources": ["https://www.allora.network/blog/the-allora-foundation-unveils-allo-tokenomics-for-the-allora-network"]},
   "R3": {"hit": true, "unlock_12m_frac_of_circ": 1.18, "note": "投资人 31.05% + 核心贡献者 17.5% 均为 12 个月 cliff（2026-11-11）解锁 33%、其余 24 个月线性。2026-11-11 单日解锁 169.9M（60% 私募 + 34% 内部人 ≈ 160M），之后每月约 23.8M 中内部人/投资人约 13.6M，至 2027-10 合计约 296M，对比流通约 250M ⇒ ≈1.18，远超 25%，命中。", "sources": ["https://app.tokenomics.com/tokenomics/allora/unlocks", "https://www.allora.network/blog/the-allora-foundation-unveils-allo-tokenomics-for-the-allora-network", "https://en.coinotag.com/allora-allo-circulating-supply-nears-250-million-of-1-billion-cap"]},
   "R4": {"hit": false, "note": "ALLO 用于购买推理、创建主题、注册 worker/reputer、质押与委托获奖励；治理权未在文档中说明。", "sources": ["https://docs.allora.network/home/tokenomics"]},
   "R5": {"hit": false, "note": "可说清「去中心化 ML 推理网络」，付费方为推理消费者但付费可为零，B1 给 1.5。", "sources": ["https://docs.allora.network/home/tokenomics"]},
   "R6": {"hit": false, "note": "未见被盗、下架或跑路。", "sources": ["https://www.allora.network/blog/the-allora-foundation-unveils-allo-tokenomics-for-the-allora-network"]}
 },
 "A_judge": {"mechanism_executing": null, "mechanism_desc": "推理费先于新增发分配给 worker/reputer（降低净增发），不回购、不销毁、不分给持币人；质押收益来自比特币式递减增发并承诺解锁期保持稳定 APY。未找到费用实收数据。", "sources": ["https://www.allora.network/blog/the-allora-foundation-unveils-allo-tokenomics-for-the-allora-network", "https://docs.allora.network/home/tokenomics"]},
 "B": {
   "one_sentence": {"score": 1.5, "evidence": "去中心化推理网络：消费者为主题推理付 ALLO（随意付费），worker 产出预测、reputer 评估，按表现分配奖励。", "sources": ["https://docs.allora.network/home/tokenomics"]},
   "moat": {"score": 0.5, "evidence": "主网 2025-11-11 上线不到一年，无网络效应/切换成本证据；AI 推理市场竞争者众。", "sources": ["https://www.allora.network/blog/the-allora-foundation-unveils-allo-tokenomics-for-the-allora-network"]},
   "ten_years": {"score": 0.5, "evidence": "去中心化模型聚合有长期意义，但没有它行业不会倒退，且付费需求未证实。", "sources": ["https://docs.allora.network/home/tokenomics"]},
   "people_governance": {"score": 0.5, "evidence": "投资人 31% + 贡献者 17.5% 的 12 月 cliff 即将到期；基金会 9.35%、生态 8.85% 中一半 TGE 可用；未找到卖币记录与治理记录。", "sources": ["https://www.allora.network/blog/the-allora-foundation-unveils-allo-tokenomics-for-the-allora-network", "https://app.tokenomics.com/tokenomics/allora/unlocks"]}
 },
 "C_judge": {
   "users_growth": {"score": 0.0, "evidence": "未找到证据（无主题/推理消费者/地址增长数据）。", "sources": []},
   "utility": {"score": 0.5, "evidence": "购买推理、注册与质押都需 ALLO，但推理费可为零削弱必要性。", "sources": ["https://docs.allora.network/home/tokenomics"]},
   "culture": {"score": 0.25, "evidence": "多所交易所上线（Binance、OKX、Kraken 等），无社区增速数据。", "sources": ["https://www.allora.network/blog/the-allora-foundation-unveils-allo-tokenomics-for-the-allora-network"]},
   "web3_direction": {"score": 0.5, "evidence": "去中心化 AI 推理属 web3 叙事方向，落地未验证。", "sources": ["https://docs.allora.network/home/tokenomics"]}
 },
 "confidence": "medium",
 "notes": "R1 与 R3 双命中。2026-11-11 的 cliff 单次释放约相当于流通 68%。收入侧完全无数据。"
}