PKT, a project aiming to support open internet access and decentralized web, is collaborating with Allora Network to integrate AI-driven price predictions for its upcoming bandwidth-trading marketplace. The marketplace will enable tokenized RWA bandwidth leases to be traded, utilizing Allora's AI for fair value determination based on factors like network quality, location, and demand.

PKT operates both as a layer 1 blockchain and a high-speed mesh network, where miners and node operators secure the blockchain and network using processing power and bandwidth. Node operators will be able to tokenize their bandwidth through RWAs representing access rights over time, which can then be traded on a decentralized marketplace or sold to ISPs. The challenge lies in accurately pricing these assets due to varying factors, making Allora's AI price predictions crucial for creating an efficient and transparent marketplace.

The integration between PKT and Allora signifies a step forward in AI development and computational resources, illustrating the ease of leveraging Allora's machine intelligence network for developers. Allora's network enables ML models to collaboratively optimize shared objectives, producing highly accurate AI price predictions that will enhance PKT's bandwidth marketplace efficiency.

With Allora's AI price predictions, PKT miners and node operators can tokenize their bandwidth-backed RWAs with confidence in fair pricing. Buyers like ISPs can purchase these RWAs on the marketplace knowing that prices reflect true value, fostering increased participation and trust in transactions. This collaboration demonstrates AI's potential to improve price discovery and drive more efficient trading in bandwidth-backed RWAs, making them accessible to a wider range of traders and dapps.