IoTeX has introduced the Real-World AI Foundry, a decentralized initiative designed to reward contributors of live data, compute, and validation through blockchain technology. Announced at the R3al World AI Summit during the Singapore Token2049 conference, the project is backed by Alignment Partners such as Vodafone, Filecoin, and Theta Network. The Foundry aims to develop open, secure, and privacy-preserving AI models for sectors including mobility, energy, healthcare, and robotics. Contributors to the Foundry will receive cryptocurrency rewards when their verified data or compute resources are utilized by Real-World Models (RWMs). The governance of the initiative will transition from working groups to a token-based voting system. IoTeX employs its ioID decentralized identity protocol and zero-knowledge proofs to maintain data authenticity and privacy.