Ocean Protocol announced an investment of $735,000 to support the AI-driven DeFi market platform Yiedl.ai

ChainCatcher news, the Ocean Protocol team announced that OceanDAO, co-founders Trent McConaghy, Bruce Pon, and members of the Ocean Predictoor team have jointly invested $735,000 in the AI-driven DeFi market platform Yiedl.ai. As the DAO branch of the Ocean Protocol ecosystem, this investment from OceanDAO will help Yiedl.ai leverage data-intensive AI to drive DeFi innovation.

The Ocean Predictoor team has been using Yiedl's cryptocurrency historical data to enhance the accuracy of its price prediction models, which will become part of the Predictoor product. Meanwhile, the Ocean team will utilize its expertise in decentralized data trading and time series forecasting to guide feature development and promote the application of Yiedl's AI-driven market.