Success in AI-Powered Prediction Bots Leads to Ocean-Oasis Partnership
Oasis Sapphire-Powered Ocean Predictoor’s Growth Spurs Ocean Protocol & Oasis Protocol to Formalize Ties
Overview
The core teams behind Ocean Protocol and Oasis Protocol have joined forces via a formal partnership, to deepen the level of collaboration on Ocean Predictoor and beyond.
Ocean Predictoor is a stack and a dapp for accurate AI-powered prediction feeds, running on Oasis Sapphire confidential EVM chain. Ocean Predictoor enables AI experts to earn significant $ by running AI prediction bots or trading bots on crypto price feed$. Since launch just 6 months ago, Predictoor has grown to around $20M daily volume, and is the #1 dapp on Oasis Sapphire in terms of volume. The success of Ocean Predictoor has spurred the Oasis and Ocean core teams to formalize their relationship into a partnership.
The first step in the partnership aligns incentives of the respective teams. Specifically, Ocean Protocol and Oasis Network have done a $500K token swap — $250K in OCEAN to Oasis, and $250K in ROSE to Ocean. The partnership is structured to quickly do many more of these going forward.
The next step reduces friction for people using Ocean Predictoor on Sapphire. Specifically, each team will add $250K of OCEAN and $250K of ROSE to an OCEAN-ROSE DEX pool on Sapphire chain, for a total of $1M liquidity baseline. This enables users to easily swap among OCEAN and ROSE, to further ease onboarding to Predictoor on Oasis Sapphire.
The partnership gives space for continually deeper collaboration, which we anticipate.
Ocean Predictoor Six-Month Snapshot
In the six short months since launch, Ocean Predictoor has climbed from zero to an impressive ATH of $20.5M daily volume, with a 30-day aggregate soaring to $174.97M — stats from Feb 27.
dappradar.com has further, stats.
Roots of Predictoor Success
Predictoor’s success so far has a few roots. First was a new hypothesis: that the most valuable data is predictions, because they are the final step of the data value supply chain right before action is taken and money is made. As its name implies, Predictoor focuses squarely on predictions.
Second was a focus on a vertical with high value, where Predictoor could make a difference, which has quick turnaround for users making $. DeFi meets this best. Other verticals will follow.
Third and final, Predictoor design & rollout has been aggressively crypto-native: create a game, make it easy to play, add incentives, optimize. To elaborate:
- We started by creating an on-chain game where people can make $ quickly, where more usage led to higher accuracy, which in turn leads to more usage. Oasis Sapphire’s privacy features made it possible for Predictoor’s game to be fully on-chain.
- Then, we made it easy to play, via easy-to-run bots.
- We kickstarted usage by incentivizing people to run AI-powered prediction bots, via Ocean Data Farming.
- And since launch, the Ocean core team has continually optimized by becoming an internal customer to pass on learnings as product improvements.
What Lies Ahead for Predictoor
The primary goal of the Ocean Predictoor core team is for both predictoors and traders making serious $. Right now, Predictoor’s growth is based on predictoors making good $. For predictoors to make serious $, traders need to spend serious $ on feeds. For that, traders need to make serious $ trading. Our first goal is to make that happen. We’re doing this by dog-fooding: working to make serious $ trading with Predictoor feeds. Results are highly promising, and getting better weekly.
Then, once traders are making serious $, we’ll expand the scope of prediction feeds. First within Defi, then other verticals. Imagine 10 thousand AI-powered prediction feeds spanning the globe. Real estate, weather, climate, transportation, agriculture, more. And we’ll keep scaling up, for truly huge data.
In short: traders serious $ → predictoors serious $ → expand scope.
As Predictoor traction grows, the Ocean and Oasis core teams expect to continually deepen their partnership.
From Team Members
“Oasis Sapphire is the world’s first and only confidential EVM chain in production. This functionality was key for Ocean to ship Predictoor and grow its traction. We expect Predictoor to keep growing exponentially, and with that, our collaboration with the Oasis team”
— Trent McConaghy, co-founder of Ocean Protocol.
“Our entire team at Oasis is proud to be contributors to the accelerated growth of Ocean Predictoor as an important validation of the integral utility of smart contracts with customizable confidentiality. Predictoor has emerged as one of our industry’s leading privacy-preserving DeFi applications, and we are excited to see our close collaboration result in more of Web3 using this powerful tool.”
— Matej Janez, Business Development Manager at the Oasis Foundation.
Conclusion
The data speaks for itself: Ocean Predictoor is enabling users to make money through AI-powered prediction bots and trader bots.
Ocean Predictoor runs on Oasis Sapphire confidential EVM chain.
The success of Ocean Predictoor has spurred the Oasis and Ocean core teams to formalize their relationship into a partnership. The first action is a token swap to align incentives of the respective teams. The second action is to create deep liquidity in the OCEAN-ROSE DEX pool. We look forward to build on our success with Predictoor, and to continue to deepen relations between Ocean and Oasis.
👉 To learn more about Predictoor, simply go to http://predictoor.ai and see the feeds in action. Click on “run bots” to learn how to run your own bots.
About Ocean Protocol
Ocean was founded to level the playing field for AI and data. Ocean tools enable people to privately and securely publish, exchange, and consume data. In Ocean Predictoor, people run AI-powered prediction bots or trading bots on crypto price feeds to earn rewards.
