Predict-ETH Round 3 Data Challenge is Now Live
$5000 in prizes available to accurately predict ETH 12 hours into the future
Calling all Oceaners, developers and data enthusiasts!
If you are passionate about DeFi and data analysis, then look no further than the Ocean Protocol Predict-ETH data challenge series.
Ocean launches the third Predict-ETH data challenge to incentivize the publishing of DeFi predictions on the Ocean Market.
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: $5000 USD /payable in OCEAN
1st place: $2500
2nd place: $1500
3rd place: $1000
The evaluation panel will determine if entries are valid, submitted in good faith, and meet minimum requirements as specified in the challenge description.
How to Enter the Challenge
See the challenge requirements here, create your proposal, and submit your predictions all on the Predict-ETH challenge page.
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 modeling approaches that you may find helpful in the challenge’s README.
The Challenge
Submission deadline is Feb 19, 2023 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 February 20, 2023 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 challenges faced while using the Ocean library and/or recommendations you may have. Think of this as a “conference presentation” for your work.
- Use the proper flow to submit your prediction. This includes storing the predictions onto Arweave, publishing the predictions on Ocean Market and sharing the datatoken to the judges for accessing such predictions.
Evaluation Criteria
50% 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.
25% 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.
25% of the competition’s score will be based on the use of the appropriate submission flow (3).
Need support?
Meet us on Discord for our OCEAN Predict-ETH Challenge Workshops on January 31st and February 14th at 3PM UTC to discuss the challenge’s README, a unique submission example, and Q&A with our team. See our Discord #events-overview channel for further details or chat with us in the dedicated #data-challenges channel.
About Ocean Protocol
Ocean Protocol is a decentralized data-sharing ecosystem 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.
About DesightsAI
Desights is a web3 platform to crowdsource solutions to toughtest Data and AI challenges. Organisations/DAOs can fund these challenges and invite brightest minds in the Data and AI industry to solve these challenges. Apart from being a Data challenge platform, Desights aims to be a decentralized community of Data Scientists and like minded individuals, where new innovative ideas are discussed and new collaborations are fostered.
