Ocean Market data sets go power Singularity DAO’s AI agents
Singularity DAO’s AI agents go consume trading and DeFi data wey dey supplied via Ocean Market to improve their financial modeling capabilities
Ocean Protocol dey continue hin support of SingularityNET as e dey collaborate with SingularityDAO, wey be leading AI blockchain project. SingularityDAO’s AI agents go consume trading and DeFi data supply via Ocean Market, and SingularityDAO’s DynaSets go include OCEAN tokens.
SingularityDAO na non-custodial DeFi solution wey dey allow members to manage dynamic token sets (called DynaSets) wey consist of a bundle of utility tokens. These DynaSets somewhat parallel to ETFs in traditional finance: tokens wey get limited liquidity on their own go become easier to trade when dem aggregate into sets. SingularityDAO go make am more beneficial and less risky to hold collections of utility tokens wey individually get only modest liquidity, wey dey open the flow of capital to innovative projects.
Our collaboration go see OCEAN’s inclusion for inside SingularityDAO’s index fund / investment portfolio. This mean sey OCEAN token dey included in SingularityDAO’s initial DynaSets, to benefit from the increased liquidity wey dey provided by their AI.
This collaboration go much further, where SingularityDAO’s AI agents dey use Ocean data sets to benefit dem members. Here na how SingularityDAO dey designed to leverage AI for multiple levels: AI dey manage dynamic token-sets, execute predictive market-making strategies to provide liquidity for these token-sets on DEXs, and predictively dey model hedging strategies.
All this AI dey require a lot of data to learn and improve, wey be why SingularityDAO na natural user of Ocean data sets — data sets wey dey published via Ocean Market (and other Ocean-based markets) into the Ocean ecosystem. The Ocean ecosystem na host to many diverse and varied trading and DeFi data sets. These go make excellent candidates for consumption by SingularityDAO’s AI agents to fit enhance hin financial modeling.
Ocean Market and SingularityNET’s data-hungry AI agents go make for a natural fit. Anyone fit publish & trade data sets as well as algorithms for AI on Ocean Market — all of which fit dey utilized to enhance SingularityDAO’s AI efficacy. This collaboration go also scale the demand side on Ocean Market. As both our ecosystems grow, we dey look forward to ever greater synergies between the two.
– Manan Patel, Growth Accelerator at Ocean Protocol
Ocean Protocol don recently launch Compute-to-Data in Ocean Market, na means to buy & sell private data while dey preserve privacy. Compute-to-Data go resolve the tradeoff between the benefits of using private data, and the risks wey dey if dem expose am. E dey do so by to provide means to take exchange data while dey preserve privacy by to allow the data to stay on-premise with data publishers, yet go allow data consumers to fit run compute jobs on data. This go make previously inaccessible data sets available to SingularityDAO’s AI agents to learn.
I dey really excited by the opportunity to work together with Ocean Protocol, wey be one of the most respectable projects for crypto wey don dey constantly deliver community-driven, decentralized data solutions. SingularityDAO go constantly make use of data to train our ML and I no fit think of a better partner pass Ocean Protocol.
– Marcello Mari, CEO at SingularityDAO
SingularityDAO dey run various AI agents to fit support portfolio management. Some, such as Portfolio Planner and Strategy Evaluator, dey use on-chain data, while others like the Price Predictor dey get data directly from exchanges. These agents dey consume and process vast amounts of data — all of which fit dey bought and sold on Ocean Market.
About Ocean Protocol
Ocean Protocol’s mission na to kickstart a Web3 Data Economy wey go reach the world, to give power back to data owners and enable people to capture value from data to better our world.
Data na new asset class; Ocean Protocol go unlock hin value. Data owners and consumers dey use the Ocean Market app to fit publish, discover, and consume data assets in a secure, privacy-preserving fashion.
Ocean datatokens dey turn data into data assets. This go enable data wallets, data exchanges, and data co-ops by to leverage crypto wallets, exchanges, and other DeFi tools. Projects dey use Ocean libraries and OCEAN in their own apps to help drive the Web3 Data Economy.
The Ocean token dey used to stake on data, to govern Ocean Protocol’s community funding, and to buy & sell data. Hin supply dey disbursed over time to drive near-term growth and long-term sustainability. OCEAN dey designed to increase with a rise in usage volume.
Visit oceanprotocol.com to find out more.
SingularityDAO na decentralised platform, wey dey governed by the SDAO token, dey tasked with governing DynaSets. DynaSets na diversified baskets of cryptocurrency assets wey dey dynamically managed by AI and curated by the protocol. SingularityDAO go bring the financial sophistication of AI-managed funds to DeFi,to deploy SingularityNET’s AI technology to navigate complex markets.