Artificial intelligence changes every day, and many people are beginning to ask who owns and controls the AI they are interacting with. Additionally, AI can seem daunting to those who are interested but have less technical proficiency. Enter Pearl: A new desktop application that’s set to change how everyday users interact with and benefit from AI. The innovative app, created on the Olas Network — a platform dedicated to co-owning AI — is a gateway for the average person to claim ownership in the burgeoning field of AI.
Simplifying Complexity: The Pearl Approach
Pearl is designed to demystify the oft-intimidating world of AI and cryptocurrency. Users simply download the app, deposit their OLAS tokens, and watch as their AI agent begins to work on their behalf. The process is akin to having your own AI employee working in a company made up of AI agents.
Breaking Down Barriers: AI Ownership for All
Traditionally, the operation and ownership of AI technologies have been confined to large tech companies and specialized researchers. Olas changes this paradigm by allowing anyone to stake their claim in the AI world through operating and owning autonomous agents.
The inclusive ownership of AI, necessitated by Olas, has far-reaching implications. It distributes the benefits of AI advancements more broadly, potentially reducing the concentration of power in the hands of a few tech giants. By encouraging a wide use of AI and autonomous agents, this model will lead to more robust agent economies and more options for use cases.
Pearl makes this concept even more possible than ever before. The simplicity of Pearl’s operation belies the complexity of what it achieves: Users don’t need to understand the intricacies of blockchain technology or AI algorithms to benefit from them. The straightforward app allows users to run an agent with a simple click, without requiring a grasp of all the technical details.
The Ripple Effect: Growing the AI Ecosystem
As more people engage with the Pearl app, the entire AI ecosystem stands to benefit. Its growth cycle has the potential to accelerate AI adoption by lowering barriers to entry. In short, Pearl is unleashing a wave of participation, and thereby ownership and innovation, in AI technology.
“As people’s usage of Pearl grows, there will be proportional opportunities for agents to be run in the Olas ecosystem, which leads to better agents,” says David Minarsch, CEO of Olas core contributor, Valory. “Its flywheel effect drives productive agent economies to develop, with the rewards generated being reshared in the ecosystem and thereby creating new economies. Olas’ inherently self-reinforcing process expands the number of productive agents while accelerating adoption.”
The staking mechanism incentivizes users to contribute to the network’s success. As users stake their OLAS tokens and run agents, they have a vested interest in the performance and growth of the AI ecosystem. Such an alignment of interests could foster a more collaborative and community-driven approach to AI development.
Olas Predict: Enhancing Pearl’s Functionality
Pearl allows anyone to run AI agents, which accomplish specific goals and transact on Olas Predict — the inaugural agent economy within Olas.
Minarsch explains, “When you run Pearl, you’re creating an autonomous AI agent, which goes off and actually participates in Olas Predict — which is a bit like an organization made up of AI agents that make predictions about future events. So, when you run Pearl, you’re essentially ‘spinning up’ a robot worker to go and work in that organization on your behalf. Then, that agent has a chance of being rewarded with OLAS tokens when it achieves its daily target.”
Final Thoughts: Try Pearl
By making it easy for anyone to participate in and benefit from AI technology, Olas opens up new possibilities for innovation, wealth distribution, and technological advancement. As the world stands on the brink of an AI-driven future, Olas ensures that this future is not just created by a select few, but owned and shaped by many. The world of AI is no longer an exclusive pond — with Pearl, the ocean of AI is open for everyone to explore and claim their stake.
About Olas
Olas is the platform for co-owning AI. Olas enables everyone to own a share of AI, specifically autonomous agents. One of the first Crypto x AI projects, founded in 2021, Olas offers the composable Olas Stack for developing autonomous AI agents, and the Olas Protocol for incentivizing their creation and co-ownership. Olas’ mission is to incentivize and coordinate different parties to launch autonomous agents that form entire AI economies serving all humans. Olas is giving rise to agent economies across major blockchains with 1,000,000+ transactions. In Olas Predict, AI agents predict the future, using state-of-the-art AI models, then apply their predictions to on-chain markets. Learn more at olas.network.
About Valory
Valory is a research and deployment company at the intersection of crypto and AI. Its mission is to enable communities, organizations, and countries to co-own AI systems, beginning with decentralized autonomous agents. Valory is the VC-backed team of engineers, researchers, and commercial executors that co-founded the Olas DAO^, contribute to the Olas stack, and built the first services using it. Valory is the pioneer of co-owned AI and the expert in decentralized off-chain systems for DAOs. They collaborate with those interested in decentralizing & owning their own apps.
