Valory Unveils Pearl: A Desktop App Bringing AI Ownership to Everyone
AI development firm Valory has announced the launch of Pearl, an innovative desktop application that enables users to operate an autonomous AI agent with just a single click.
Following the deployment of Pearl, anyone with a laptop will not only be able to run AI agents but also own a share of AI technology.
A Pioneer in the Emergence of AI and Crypto Technology
The launch of Pearl marks a pivotal moment in the realm of cryptocurrency and artificial intelligence. It caters to the growing demand among crypto users for innovative, agent-based experiences. With Pearl, users are empowered to take on the role of agent operators, allowing them to actively participate in this new digital frontier.
One of the standout features of Pearl is its commitment to democratizing AI ownership. The application enables anyone to download it and utilize their agent for large-scale AI applications, which are referred to as agent economies. This opens the door for a broader audience to engage with AI technology, regardless of their technical background.
Moreover, Pearl streamlines the process of managing an AI agent, making it user-friendly for individuals who may not possess extensive technical skills. This accessibility is crucial in fostering a more inclusive environment where more people can explore the potential of AI.
Also read: ML vs AI: Understanding the Key Differences and Applications
Transparency is another key aspect of Pearl, as it is fully open-source. Users have the ability to review the code, ensuring that the application operates with integrity and trustworthiness.
Pearl Poised To Simplify Election Betting On Polymarket
As the US presidential elections near, crypto investors are eagerly watching to see if pro-crypto Republican Donald Trump or Democratic candidate Kamala Harris will emerge victorious. In this context, decentralized betting platforms like Polymarket and Kalshi have become popular tools for gauging voter sentiment. Many believe these platforms offer a more accurate reflection of voter preferences, as users must bet real money on their predictions.
So far, over $1.89 billion has been wagered on a Polymarket contract related to the outcome of the elections, with 59.9% of bettors favoring a Trump victory. In contrast, the odds for Harris winning stand at only 40%. The rise of election betting smart contracts has attracted traders looking to profit off of the outcome of the significant event. Although Trump currently leads on Polymarket, the odds have seen considerable fluctuations in recent weeks, with the lead shifting between the candidates as new political developments unfold.
Polymarket election betting contract (Source: Polymarket)
To simplify the betting process, traders can turn to Pearl and its AI agents. Pearl allows users to place bets automatically on their behalf, adapting to new information and market movements as they arise. This innovative approach enables investors to stay engaged without constantly monitoring political news or managing their bets on Polymarket.
In the near future, users will be able to use Pearl in the decentralized finance (DeFi) space as well. Soon, the intelligent agents will have the ability to optimize yields on a variety of DeFi platforms.
Also read: VanEck Ventures Launches $30M Crypto and AI Investment Fund
About Valory
Valory serves as the primary contributor to Olas, a platform focused on the co-ownership of artificial intelligence. The company has successfully enabled more than 1.3 million transactions through networks of AI agents. Recently, Olas’s native token, Autonolas (OLAS), has distinguished itself as the leading token on the Polygon blockchain.
The launch of Pearl is particularly noteworthy, enabling Olas to establish itself as a leader in co-owned AI.
