Predict-ETH Round 5 Data Challenge is Live
$5000 in prizes available to accurately predict ETH 60 minutes into the future
[Originally published by @trentmc0 on Apr 20, 2023. We’ve re-published to @TeamOcean to better organize archival posts. Please treat the article as if it was published on its original date.]
Summary: Follow the Predict-ETH Round 5 README to submit predictions, and win $$.
About Predict-ETH Competition
Calling all Oceaners and data scientists! How accurately can you predict ETH?
Ocean’s Predict-ETH data challenge is an exciting opportunity for data scientists to showcase their skills and potentially win big. In this competition, you must build a model that can accurately predict the price of Ether (ETH).
It uses Ocean Protocol’s open-source ocean.py library.
Participants retain full control over any model they build for the competition, enabling them to monetize their work through the competition, trade using their model, or sell access to the model as a data feed on the Ocean Market!
Some contestants in previous Predict-ETH rounds had excellent predictions. Can you one-up them?
Prizes
Prize Pool: $5,000 USD worth of OCEAN
- 1st place: $2,500
- 2nd place: $1,500
- 3rd place: $1,000
We will identify winners by the blockchain account they use in the competition (on Mumbai), and send the OCEAN to that account on Ethereum mainnet. We will not be sending notifications by email or DMing (we aren’t tracking that!)
Setup
See the challenge requirements, and submit your predictions all on the Predict-ETH Round 5 README.
You can use any data you wish — static data or streams, free or priced, raw data or feature vectors, published in Ocean or not. The top-level README links to data feeds and AI modeling approaches that you may find helpful in the challenge’s.
The submission deadline is May 3, 2023 at 23:59 UTC.
You must submit predictions (5+1) minutes, 10 minutes, minutes, 15 minutes, 20 minutes, …, 55 minutes, 60 minutes in the future.
(⚠️ This is different than Rounds 1–4 which required predictions 1 hour, 2 hours, …, 12 hours into the future.)
Evaluation Criteria
The winner = whoever has lowest prediction error (normalized mean-squared error, or NMSE). That’s all. There is no subjectivity.
To be eligible, competitors must produce the outcomes that the Round 5 README guides.
- ✔️ Created an Ocean data NFT
- ✔️ Filled it with (encrypted) predictions.
- ✔️ Transferred it to the Ocean judges before the deadline
- And a few more details. The README has details.
(This is different than Rounds 1–3 which required submitting a presentation. And Round 4 which required Desights. Those are no longer requirements).
Developer Support
If you encounter issues, feel free to reach out:
Workshop
We host workshops to walk through READMEs and hold Q&A with our core team.
- Date: Apr 25 at 3PM UTC (8 days before deadline of Wed May 3)
- Location: Special event on Ocean Discord
Conclusion
Follow the Predict-ETH Round 5 README to submit predictions, and win $$.
About Ocean Protocol
Ocean was founded to level the playing field for AI and data. Ocean tools enable people to privately & securely publish, exchange, and consume data.
Follow Ocean on Twitter or Telegram to keep up to date. Chat directly with the Ocean community on Discord. Or, track Ocean progress directly on GitHub.
