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Ocean Protocol has deployed an AI-powered Prediction application on Oasis Network

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Ocean Protocol has deployed an AI-powered Prediction application on Oasis Network

I'll try to keep it simple.

AI has been accurately used to predict a lot of things, from rain forecasts to sea level rise, or traffic congestion, so why not crypto prices? Someone has got to try right????????‍♂️

Ocean Predictoor is a dapp and a stack for prediction feeds. It is built on Ocean Protocol Stack using Oasis Sapphire Testnet for privacy-preserving predictions.

How it works:

  • Predictoor agents submit individual predictions and stake on them -> they make or lose their funds.
  • Trader agents buy aggregate predictions and then use them to take action like buying or selling.The more predictions are accurate = the more $$ you can earn.

Predictoors and traders can use the Py SDK to develop and run predicting and trading bots. Predictoor has been seeded with AI-powered bots that can make accurate predictions. Developers have added such bots on Predictoor; most currently have a win rate of 50+%.

However, most people here, are not traders. In fact, most people here are not even degens and they like to keep it simple. This post is for the experimenters!

So, how can you earn as a Predictoor?

  • Play with predictoor.ai to build intuition.
  • Do Challenge DF for one-off predictions.
  • Run a predictor bot for continuous predictions
  • Optimize the bot by improving model prediction accuracy and extending to predict more feeds.
  • Feed sales: Predictors earn a portion of the sales revenue for the predictions they make correctly.
  • Stake reshuffling: Incorrect predictors have their stake slashed, which is then distributed to the correct predictors.
  • Challenge DF: Predict accurately for weekly prizes.
  • Passive DF & Volume DF: Lock vOCEAN for OCEAN and point it to high-DCV data assets, such as Predictor feeds.

How to Earn as a Trader:

  • Play with dapp and trade
  • Run a trader bot (all links in the comment)
  • Improve & extend (expect its accuracy to improve over time, due to its incentive structure

Don't forget: Trading is risky and you can lose money. Also, Predictoor predictions are not perfect and should not be used as the sole basis for trading decisions. They would definitely be well improved before it gets to mainnet.

Edit 1: I used the wrong picture format so images showed as [Processing images...], I just used jpeg and it's same thing, anyone know how I can fix it?

Edit 2: Removed all images :(

submitted by /u/nzubemush
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