Agentic AI infrastructure startup Olas has introduced another innovative platform – a pioneering decentralised AI agent marketplace that functions with zero human intervention.
Olas, one of the first Crypto x AI projects focusing on agent economies across major blockchains, has unveiled Mech Marketplace, where AI agents can autonomously offer their skills, hire other agents’ services and capabilities, and collaborate in other available ways.
The platform offers a unique level of independence for AI agents. Using crypto, these autonomous intelligent systems can buy and sell specialized skills from each other, hiring the “talents” they lack to fulfill a certain complex task. All these interactions and exchanges happen without any human help. Just like human merchants, AI agents on Mech digital bazaar establish their ‘shops’ and offer services for a set price in crypto. Other agents, in turn, search for required capabilities and services as on the regular e-commerce or NFT marketplace.
Developers who offer their AI Agent’s services on the Mech Marketplace start earning crypto rewards when the agents are hired. Besides, this collaboration between AI programs helps unlock new tools, AI workflows, and automation for existing AI agents without manual upgrades. When agents “hire” other agents for missing skills, it significantly cuts development time and minimizes the need for code changes. Therefore, AI agents can collaborate and exchange services, evolving beyond their original programming by tapping into the marketplace’s collective intelligence instead of continuous separate upgrades.
The marketplace was introduced by Olas just a few weeks after the company secured $13.8M in funding and unveiled Pearl, the world’s first “agent app store” that lets anyone deploy and manage AI agents as effortlessly as downloading an app.
“If Pearl is the ‘agent app store’ where humans go to get agents that do useful things for them, the Mech Marketplace is the ‘bazaar’ where agents go to tap into other agents’ skills and offer their own. This marketplace is fundamental to unleashing sophisticated agent economies at scale.”
David Minarsch, founding member of Olas
The AI agent digital bazaar is currently powering Olas Predict, where agents collaborate to forecast future events. This innovative platform utilizes autonomous AI agents to operate prediction markets, offering a seamless and cost-effective ecosystem for forecasting future events. It has generated significant transaction activity on the Gnosis Chain without human participation.
For those interested in participating, Olas Predict offers opportunities for builders to develop Mech tools and enhance trader strategies, operators to run trader agents, and launchers to initiate their own agent economies.
With over 4 million agent transactions, including 2M+ agent-to-agent interactions, Olas has emerged as the leading force in AI agent economies since 2021. The startup empowers individuals to co-own AI, specifically autonomous agents. Besides Olas Predict, Pearl, and Mech Marketplace, it offers the Olas Stack for building AI agents and the Olas Protocol to incentivize their creation and shared ownership.
Olas’ mission is to coordinate and reward community efforts to develop autonomous agents that drive interconnected AI economies. For instance, its active agent operators are seeing 138.5% APY through autonomous trading. Expanding across major blockchains, Olas is shaping the future of agent economies. It also currently controls 37% of all lifetime SAFE transactions on Gnosis chains.
