Orderly Network, Google Cloud expand AI bounty to bring auto trading to web3

As a seasoned researcher with a penchant for all things tech and finance, this partnership between Orderly Network, Google Cloud, and Empyreal piques my interest immensely. With my background spanning both traditional markets and decentralized finance (DeFi), I see this AI bounty program as a bridge connecting the dots between web2 and web3.


Partnering with Google Cloud, Orderly Network is introducing an AI Bounty Program, welcoming developers to design self-governing trading agents tailored for the decentralized web (web3).

The decentralized network platform, Orderly Network, has initiated an AI reward scheme in partnership with Google Cloud and Empyreal, a smart infrastructure solution for the web3 realm. This program invites developers to design autonomous trading bots that operate on a blockchain, with the goal of fostering development within this domain.

According to a press release dated September 17th, which was shared with crypto.news, this project will honor individuals who construct AI-based trading agents that can perform transactions on Orderly Network’s liquidity platform. However, specific details about the rewards, including their amount and payment methods, have yet to be revealed.

As a researcher, I’m involved in a project aimed at fostering the use of intelligent trading bots that can connect with various data sources. The goal is to help traders make wiser decisions based on comprehensive, real-time market insights. Our initiative, spearheaded by Orderly Network’s COO, Arjun Arora, is geared towards building an AI-driven, blockchain-based derivatives trading platform.

This project encourages developers from both traditional web platforms (web2) and emerging web3 technologies to create self-governing software agents. These agents will leverage various data resources, thereby linking present capabilities with the future possibilities in Decentralized Finance (DeFi).

Arjun Arora

In our collaboration, Empyreal offers a toolkit for streamlined software development of AI agents. This makes it simpler for programmers to shift their focus from traditional web platforms (web2) to the emerging web3 environment. Meanwhile, Google Cloud will offer its cloud and artificial intelligence technology to ensure these applications can grow effectively.

In simpler terms, the Orderly Network’s Bounty Program is scheduled to last multiple weeks. During this period, developers can potentially earn rewards depending on how well their Artificial Intelligence (AI) agents perform.

According to Orderly Network, the upcoming campaign aims to stimulate advancements towards more complex trading solutions for the decentralized market. They point out that even though AI-based agents are increasingly popular in the cryptocurrency sector, it’s crucial to remember that this technology is still developing and maturing.

Read More

Sorry. No data so far.

2024-09-17 15:50