According to TechFlow, on January 8, the Ocean Protocol team announced that OceanDAO, co-founders Trent McConaghy, Bruce Pon, and members of the Ocean Predictor team jointly invested $735,000 in Yiedl.ai, an AI-driven DeFi market platform. As a DAO branch of the Ocean Protocol ecosystem, OceanDAO's investment will help Yiedl.ai use data-intensive AI to promote DeFi innovation.
The Ocean Predictor team is already using Yiedl’s cryptocurrency historical data to improve the accuracy of its price prediction models, which will become part of the Predictor product. At the same time, the Ocean team will use its expertise in decentralized data trading and time series forecasting to guide feature development and promote the application of Yiedl’s AI-driven market.