Olas launches Pearl v1, the first ‘AI Agent App Store’

Olas has launched Pearl v1, a decentralized “AI agent app store” that lets users own and operate autonomous AI agents that blend the ease of Web2 with the self-sovereignty of Web3, the company said in a press release Tuesday.

Unlike centralized AI platforms that rent access to users, Pearl provides full control and transparency: every agent action can be verified in the chain.

Users can start with familiar logins like Google or Apple, fund agents via card and keep full data custody.

Built on principles of ownership, curation and transparency, Pearl offers a growing library of agents for financial, creative and social use cases. The launch follows a beta success story where Modius, a decentralized financial trading agent (DeFi), earned over 150% return on investment (ROI) in 150 days.

“Centralized infrastructure has achieved global reach and performance, but this concentration means that decisions or errors can deprive users of their data and complete functionality. That’s why ownership is so important,” said David Minarsch, founding member of Olas in the release.

“At Olas, we are building towards a future where your AI agents work for you, not for centralized platforms that harvest your data,” he added.

Olas sees Pearl as a shift from today’s AI consumption model to AI ownership, where users, not companies, control the agents that act on their behalf.

Read more: Blockchain will drive the agent-to-agent AI Marketplace boom

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