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✨ 1.66 *million* ✨ That's the # txs for Ocean Predictoor,

in just 30 days. 🧨
dappradar.com/dapp/ocean-pre…

It only launched 3 mos ago.🙀

🤖This AI in action. 🤖 AI-powered prediction & trading bots on crypto price feeds. All earning $.

Try for yourself! predictoor.ai




https://twitter.com/oceanprotocol/status/1736769003316482379?t=5fqcPodKdLpGebhLgBB26A&s=19

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Would it be possible to go over the stats in more detail? I specifically would like to know: How is a transaction counted. Are the Ocean predictoor 'farming' rewards part of the transactions if so how much do they account for? How many unique addresses are paying for feeds? Are there return users, is the overall number of users increasing? How much revenue are these transactions giving to the Ocean Protocol? What numbers would need to be met before another say 100 price feeds are added to predictoor (1, 15, 30 min feeds), more token pairs including Ocean (helping increase Ocean volume) etc. Probably too much for a telegram answer, but an AMA or blog post going through the data and talking about next steps would be highly appreciated. Something like this would help the community promote predictoor to a wider audience.

who runs the twitter account? cant even write correctly…

Ashish-Ram 🌊 Автор вопроса
Manuel
who runs the twitter account? cant even write corr...

Hello Manuel. Can you please let us know what do you mean by this?

Data
Would it be possible to go over the stats in more ...

Hello! These are good questions. > Probably too much for a telegram answer, but an AMA or blog post will be highly appreciated I'll answer here, in TG. I've also put everything into a blog post, here: https://blog.oceanprotocol.com/q-a-on-ocean-predictoor-traction-stats-a9de0db8bc6d ---- First, a couple things before I answer the Q's. ## 1. Focus of Ocean Predictoor / DF team Our main goal right now is: make it easy & obvious to earn $ as a trader, using Predictoor. - Once it happens, there will be strong organic demand for the feeds, which in turn drives sales, which in turn drives predictoor income. - This also means we're spending less time on other potential things: detailed blogs, AMAs, webapp, analytics. Focus focus. - In short, $ success for traders will drive success everywhere else. ## 2. Key sources of data. I refer to these below. You can also use them yourself. - DappRadar: Predictoor https://dappradar.com/dapp/ocean-predictoor - AutoBot: Predictoor: https://autobotocean.com/predictoor - AutoBot: Volumes: https://autobotocean.com/volumes - Directly query chain: https://github.com/oceanprotocol/pdr-backend/blob/main/READMEs/subgraph.md Ocean docs help too: - Predictoor docs: https://docs.oceanprotocol.com/predictoor/pdr-parameters - Predictoor DF docs: https://docs.oceanprotocol.com/data-farming/predictoordf ## Questions & Answers Some answers won't have full detail; that's because we're focusing on the "make it easy to make $". Success there will drive the rest. > How is a transaction counted? We submitted a list of smart contract addresses to dappradar.com. Whenever one of those has a tx against it, it's counted. The addresses we submitted are: the Ocean datatoken contracts for each of the 20 prediction feeds, plus a couple more. I believe we still have more addresses to add: sales volume is showing up as zero, which is obviously wrong. We're working to fix it; it may be that we need to add the address of the FixedRateExchange contract for each feed. > Are the Ocean predictoor 'farming' rewards part of the transactions if so how much do they account for? Payout of Predictoor Data Farming rewards is a small fraction of txs. However the $ incentive is likely a key driver for near-term traction. If you're a predictoor submitting prediction transactions, you can make $ via: 1. organic sales 2. sales from Predictoor Data Farming rewards 3. others' stake slashed when they are wrong. Of these: (3) evens out to about zero if your accuracy is about the same as others, and your stake doesn't exceed expected sales. (2) is currently the biggest amount. We expect this in the early days, as it's kickstarting the usage. (How to see: Compare "Autobot: Volumes" for all $ sales, to DF $ budget in Predictoor DF docs) (1) will ultimately be the biggest amount by far, once it becomes easy & obvious to earn $ as a trader. "Autobot: Volumes" page shows volumes for each feed. > How many unique addresses are paying for feeds? We haven't computed analytics for that yet. You *could* query the subgraph for yourself, see link above. > Are there return users? For predictoors: Yes. In fact, it seems to be a high % predictoors returning, ie low churn. See For traders: We haven't computed analytics for that yet. What will really make a difference is traders easily & obviously earning $; hence our focus on that. > Is the overall number of users increasing? Yes. See "DappRadar : Predictoor", the "UAW" line on the plot. UAW = Unique Active Wallets. > How much revenue are these transactions giving to the Ocean Protocol? Fees details: (from Predictoor docs) - 0.1% community swap fee - 20% to Ocean Protocol Foundation. (Will be used to further drive Predictoor, and to burn OCEAN.) > What numbers would need to be met before another say 100 price feeds are added to predictoor (1, 15, 30 min feeds), more token pairs including Ocean (helping increase Ocean volume) etc.

Data
Would it be possible to go over the stats in more ...

[this is part 2/2 of the Q's to the previous A's. Put in two parts due to TG post size limits] > What numbers would need to be met before another say 100 price feeds are added to predictoor (1, 15, 30 min feeds), more token pairs including Ocean (helping increase Ocean volume) etc. As mentioned above, we see that the biggest driver of traction will be traders making $. Our focus is to make that easy & obvious. As part of our work, we are exploring other trading venues & pairs. We're also professionalizing our internal data engineering pipeline, and starting to build an analytics app inspired by my previous work on Computer-Aided Design. All of this is already open-source; you can track our progress in github. Once "making $" is established, then we will scale up accordingly. Way more defi feeds; then beyond to other verticals taking us to 10K+ feeds; AI DAOs; then building large-scale AIs across those 10K+ feeds. One thing will lead to another. > who runs the twitter account? cant even write correctly… I wrote that particular post. ## Summary Some recent Ocean tweets have shared some promising traction numbers for Ocean Predictoor, via data on DappRadar and Autobot Ocean. That's great news! It's the sign of a growing ecosystem of predictoors and traders.  To really take this to the next level, the Ocean Predictoor / DF team is working to make it easy & obvious to earn $ as a trader, using Predictoor. Success there will drive success & growth everywhere else. 2024 will be a big year for Ocean:) To get started predicting or trading, go to predictoor.ai now. --- Cheers, Trent

Trent McConaghy
[this is part 2/2 of the Q's to the previous A's. ...

An update : we iterated with DappRadar, and now it has volume properly too:)

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