Olas | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

OLAS is a unified network for off-chain services, such as automation, relayers, and co-owned AI, coordinated and powered by autonomous...


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OLAS is a unified network for off-chain services, such as automation, relayers, and co-owned AI, coordinated and powered by autonomous agents. It facilitates governance in Autonolas and offers a composable stack for building AI agents and a protocol for incentivizing their creation.

Website
Size
1-10 employees
Industry
IT Services and IT Consulting

πŸ›οΈ Olas Product and Pricing News β†’

πŸ‘” Olas CEO, Management and Leadership Team β†’

βš”οΈ Olas Alternatives and Competitors β†’

πŸ’Ό Olas Hiring and Layoffs β†’

πŸ€– Olas Developer, Integration and Automation News β†’

πŸ“ˆ Olas Financials, Fundraising and Valuation News β†’

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πŸ›οΈ Olas Product and Pricing News

  • Olas protocol now supports borrowing $OLAS using a Service NFT as collateral on the PWN platform.
  • Olas introduced 'Olas Predict' for predicting the future with AI.
  • Olas's AI agent, Autonolas, uses $peaq for energy data transactions to control AC units.
  • Olas announced the successful passing of a proposal to integrate listed contracts for deploying the Olas protocol on Mode Network.
  • Olas added new components named 'Vera chained skill', 'Vera skill', 'GenAI connection', and 'Twikit connection' to their registry.

  • Olas launched a redesigned Builder Page offering growth opportunities, resources, and structured programs for aspiring builders.
  • Olas introduced an Opportunities Section on The Build App for builders to explore AI agent requests from various projects.
  • Olas announced a new proposal to enable CELO-OLAS Celo Bridged LP and open new bonding products on Celo, with voting starting on October 18.

πŸ‘” Olas CEO, Management and Leadership Team


βš”οΈ Olas Alternatives and Competitors

  • Cabify
  • |
  • Gett
  • |
  • Bolt
  • |
  • inDrive
  • |
  • Zoomcar
  • |
  • Revv
  • |
  • Careem
  • |
  • Meru Cab Company
  • |
  • Beamery
  • |
  • Kelly Services

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πŸ’Ό Olas Hiring and Layoffs

  • Former Fetch.ai team members have joined Olas to build a project they believe can surpass Fetch.ai's market cap.


πŸ€– Olas Developer, Integration and Automation News

  • Olas is a launch partner for the decentralized training of a 10B model on PrimeIntellect's platform, sponsored by Valory.
  • Olas, in collaboration with Nevermined, peaq, and Combinder, has launched the first live implementation of an autonomous AI system for optimizing energy consumption.
  • Olas partnered with Nevermined to enhance their AI agents with verifiable compute for secure, transparent blockchain transactions.
  • Armagan is using Olas's Pearl AI agent on the Gnosis Chain.
  • Olas agents will now use Aizel Network's infrastructure to verify their work and make payments through Nevermined.io.


πŸ“ˆ Olas Financials, Fundraising and Valuation News

  • On September 22, some wallets sold large amounts of $OLAS at a profit.
  • Olas Mech agent economy has received over 853,880 requests from other AI agent economies.
  • Olas Prediction Market recorded over 101,000 requests in the last week of October, with 50% of the 1.5 million total requests coming from traders on Autonolas.
  • Olas reported 32 total proposals, 38 unique voters, and 138 total votes cast in their on-chain governance update.
  • Olas saw locked transactions increase from 60 to 246 and locked value rise from $52 million to $432 million in 2024.

  • On September 24, an Ethereum trader spent over $240,000 on Olas in a series of recurring trades.
  • Autonolas, used for deploying off-chain AI agents, hit near all-time highs with about 150,000 service transactions in August.
  • Olas's network activity continues to increase.

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