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Orderly Network Unveils AI Automated Trading Rewards Program

Key recommendations

  • Orderly Network’s AI Rewards Program aims to develop autonomous trading agents for web platforms3.
  • The program, in collaboration with Google Cloud and Empyreal, targets both Web2 and Web3 developers.

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Orderly Network, a web3 liquidity layer, has launched an artificial intelligence (AI) rewards program in collaboration with Google Cloud and Empyreal. The program aims to reward developers for creating AI agents capable of autonomous trading on the Orderly platform.

The initiative, which is set to start after TOKEN2049 in Singapore, will run for several weeks. Developers can compete in two categories: the most profitable and the most innovative predictor, with the opportunity to win prizes in both.

“It’s been a year since Orderly Network and Google Cloud started their collaboration, focusing on promoting the mainstream adoption of DeFi. Looking ahead, we believe AI innovation will be instrumental in revolutionizing on-chain trading,” said Arjun Arora, COO Orderly Network.

Initially, AI agents are expected to target sophisticated traders and developers who create advanced trading applications. Orderly plans to later support AI brokers for intermediary traders, enabling derivatives trading without coding knowledge.

“Our work with Orderly builds on our mission to empower Web3 developers with secure and scalable cloud and AI technology to scale their applications. We look forward to welcoming more developers to build AI agents using our technology,” added Rishi Ramchandani, Head of Web3 APAC at Google Cloud.

The program uses Google Cloud technology and the Empyreal SDK to facilitate the transition from Web2 to Web3 development.

Johnny, founder and lead developer at Empyreal, expressed his excitement for the collaboration, stating that their SDK will “power new AI bots and agents, giving developers and merchants a simpler process for implementing effective agents.”

The bounty program is a step towards the union of AI and DeFi, with potential applications in prediction markets, staking, gaming and various DeFi sectors.

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