Orderly Network, Google Cloud expand AI bounty to bring auto trading to web3

Orderly Network has partnered with Google Cloud to launch an artificial intelligence bounty program, inviting programmers to create autonomous trading agents for web3.

Web3 infrastructure hub Orderly Network has launched an AI bounty program in collaboration with Google Cloud and Empyreal, an intelligent infrastructure for web3. The initiative aims to attract developers to create autonomous trading agents on a blockchain.

According to a Sept. 17 press release shared with crypto.news, the program will reward participants who build AI-driven agents capable of executing trades on Orderly Network’s liquidity layer. However, the prize amounts and payment methods were not disclosed.

The initiative seeks to promote the adoption of automated trading bots that can interact with multiple data sources, allowing traders to “make more informed decisions.” Orderly Network’s chief operating officer, Arjun Arora, said the program is intended to support the development of an onchain derivatives platform powered by AI agents.

“This initiative invites both web2 and web3 developers to build autonomous agents utilizing diverse data sources, bridging the gap between today’s potential and the future of DeFi.”

Arjun Arora

As part of the partnership, Empyreal will provide a software development kit to simplify the creation of AI agents, easing the transition for developers from web2 to web3. Google Cloud will supply cloud and AI technology to support the scaling of these applications.

Orderly Network noted that the bounty program will run for several weeks, with developers eligible to win prizes based on the performance of their AI agents.

The campaign is expected to drive the development of more advanced trading tools within the decentralized space, with Orderly Network acknowledging that while AI agents are gaining traction in crypto, the technology is still in its early stages.