Orderly Network has teamed up with Google Cloud to initiate an artificial intelligence bounty program, encouraging developers to design self-sufficient trading agents for web3.
The web3 infrastructure platform Orderly Network has rolled out an AI bounty program in partnership with Google Cloud and Empyreal, a smart infrastructure solution for web3, with the goal of enticing developers to create self-sustaining trading agents on the blockchain.
According to a press release dated Sept. 17, shared with crypto.news, the program will reward participants who develop AI-powered agents capable of executing trades on Orderly Network’s liquidity layer, although specific prize amounts and payment methods have not been revealed.
This program aims to promote the use of automated trading bots that can tap into various data sources, enabling traders to “make more informed decisions.” Orderly Network’s COO Arjun Arora stated that the initiative is designed to foster the creation of an on-chain derivatives platform powered by AI agents.
“This initiative invites developers from both web2 and web3 to create autonomous agents that leverage diverse data sources, bridging the present capabilities with the future of DeFi.”
Arjun Arora
As part of the collaboration, Empyreal will supply a software development kit to facilitate the creation of AI agents, simplifying the process for developers transitioning from web2 to web3, while Google Cloud will contribute cloud and AI technologies to support the scaling of these applications.
Orderly Network indicates that the bounty program will last for several weeks, with developers eligible to earn rewards based on the performance of their AI agents.
The initiative is projected to enhance the development of more advanced trading tools within the decentralized ecosystem, according to Orderly Network, which pointed out that although AI agents are becoming more popular in the crypto environment, the technology “is still in its nascent stages.”
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