Predict-ETH Round 2 Data Challenge is Now Live
$5000 in prizes available to accurately predict ETH 12 hours into the future
Calling all Oceaners!
Are you a passionate DeFi enthusiast or data scientist looking to earn crypto rewards? We are hosting a second Predict ETH crypto data challenge to promote DeFi prediction models on the Ocean Market. Start predicting the price of ETH to win $OCEAN prizes! Contestants need to predict the price of ETH for 12 hours into the future, submit their price predictions, and describe their solution for a chance to win.
Prize Pool: $5,000 USD /payable in OCEAN
1st place: $2,500
2nd place: $1,500
3rd place: $1,000
The evaluation panel will determine if entries are valid, submitted in good faith, and meet minimum requirements as specified in the challenge description. All valid entries submitted will receive an award of 250 $OCEAN tokens.
How to Enter the Challenge
See the challenge requirements, create your proposal, and submit your predictions all on the ETH Predict challenge page on Questbook.
You can use any data you wish — static data or streams, free or priced, raw data or feature vectors, published in Ocean or not. We included links to some data feeds and AI modelling approaches that you may find helpful in the challenge’s README.
The Challenge:
The submission deadline is Dec 11, 2022 at 23:59 UTC.
Contestants are requested to submit the following:
- A .csv file with ETH price predictions over a 12-hour period, with the first prediction presenting the price on Monday December 12, 2022 at 1:00am UTC and a prediction for every hour on the hour after that, for 12 predictions total.
- A report of 10–15 slides describing your approach, difficulties encountered and insights you gained in making the predictions. Think of this as a “conference presentation” for your work.
- At least one slide presenting any challenges faced while using the Ocean library and/or recommendations you may have.
Evaluation Criteria
70% of the competition’s score will be objectively measured, based on Normalized Mean Square Error (NMSE) of the predictions (1). The README shows the precise calculations.
20% of the competition’s score will be based on the slides (2), subjectively measured by a panel of judges. The criteria will be like those of a presentation in a technical conference.
10% of the competition’s score will be based on the provision of a feedback slide (3).
Questions?
Meet us on Discord Tuesdays at 3PM UTC for our OCEAN ETH-Predict Challenge Workshop to discuss the challenge’s README, a unique submission example, and Q&A with our team. See our Discord #events-overview channel for details.
About Ocean Protocol
Ocean Protocol is a decentralized data exchange platform spearheading the movement to unlock a New Data Economy, break down data silos, and open access to quality data. Ocean’s intuitive marketplace technology allows data to be published, discovered, and consumed in a secure, privacy-preserving manner by giving power back to data owners, Ocean resolves the tradeoff between using private data and the risks of exposing it.
