Olas Launches First User-Owned AI Agent App Store: Pearl

Olas has just introduced Pearl v1, a groundbreaking decentralized marketplace where users can fully own and manage their AI agents. This innovative platform combines the ease of Web2 logins with the principles of Web3 self-custody, allowing users to treat their autonomous digital workers as verifiable assets.

Key Takeaways

Olas has launched Pearl v1, a decentralized marketplace for user-owned AI agents.
The platform allows simple logins while ensuring self-custody of users' data and assets.
It features initial agents like Optimus, a portfolio manager, and a Prediction Agent.
Olas' initiative is backed by a $1 million program aimed at expanding the marketplace.
User recovery options are built-in to secure access to assets.

Olas rolls out a decentralized AI agent app store.

Olas Introduces a New Era of Ownership

On November 4, Olas announced the official launch of its Pearl v1 platform, marking it as the first decentralized marketplace for user-owned autonomous AI agents. This launch comes after an extensive 18-month beta period, where thousands of users engaged in millions of transactions on the blockchain, including a standout DeFi trading agent that achieved a remarkable 150% return on investment.

Pearl v1 features an intuitive desktop interface that allows users to log in using Google or Apple accounts, enabling them to fund their AI agents with fiat currency and manage these agents directly while maintaining complete self-custody of their assets and data. The platform offers what Olas refers to as “co-owned AI,” empowering users to take control of the digital intelligence they utilize.

Building the Ownership Framework

Olas has integrated Safe’s smart account technology to establish self-custodial wallets, which store user assets securely. Meanwhile, onboarding processes are managed through services like Web3Auth and Transak.

Within the Pearl desktop application, users can explore a live marketplace filled with agents functioning in various sectors, including finance, prediction markets, and social applications. Each agent can be deployed, customized, and monitored in real time.

Initially, Pearl v1 introduces two key agents:

Optimus - An adaptive portfolio manager that recalibrates its strategies in response to market dynamics.
Prediction Agent - An agent that autonomously engages in trading on decentralized forecasting platforms.

The ecosystem is set for swift growth, aided by a $1 million Olas Accelerator program that supports the development of diverse agents, from social media data aggregators to more personalized AI companions. This expansion hints at a future where the app store hosts a specialist agent for nearly every digital task, all aligned with user ownership principles.

In terms of security, if a user loses access to their device or wallet, Olas provides a recovery system through their self-hosted backup or linked login credentials. This hybrid recovery method aims to mitigate the common irreversible losses linked with self-custody, ensuring users retain complete ownership of their assets.