Olas
Category: AI Agents
Olas is a platform that enables the co-ownership of autonomous AI agents, creating agent economies across major blockchains. Olas was founded in 2021. The company is led by David Minarsch. Based in Zug, Switzerland. Team size: N/A. Total funding raised: Approximately $4 million. Latest round: Seed round. Key investors include True Ventures, Signature Ventures.
- Founded
- 2021
- Headquarters
- Zug, Switzerland
- Team size
- N/A
- Total funding
- Approximately $4 million
Value proposition
Olas offers a framework for creating and managing decentralized autonomous agents, allowing users to co-own AI systems and participate in AI-driven economies.
Products and solutions
Olas Predict, Autonomous AI agents, Olas Protocol
Unique value
Olas focuses on co-owned AI agents, enabling decentralized ownership and operation of AI-driven services.
Target customer
Developers, crypto enthusiasts, and organizations interested in decentralized AI solutions.
Industries served
Blockchain, AI, Cryptocurrency
Technology advantage
Combines AI and blockchain to create decentralized, autonomous agent systems.
How they differentiate
Focuses on co-owned AI agents and decentralized agent economies.
Main competitors
Arweave, Other blockchain AI platforms
Key partnerships
Valory
Major milestones
Launch of Olas Predict Development of Proof of Active Agent (PoAA) staking mechanism
Growth metrics
Over 1.4 million transactions in agent economies.
Market positioning
Emerging leader in co-owned AI agent systems.
Geographic focus
Global, with a strong presence in blockchain communities.
Patents and IP
Not specified
About David Minarsch
David Minarsch is a seasoned entrepreneur and researcher with a strong background in economics, game theory, and blockchain technology. He holds a PhD in Applied Game Theory from the University of Cambridge and an MSc in Economics from the London School of Economics. Before co-founding Olas and Valory, he worked as a Research Scientist at Fetch.ai, where he contributed to the development of autonomous economic agents. His expertise lies at the intersection of multi-agent systems, decentralized ledger technology, and AI, making him a key figure in the development of co-owned AI systems.
Official website: https://olas.network/