Oasis Network (ROSE) was the top weekly gainer for the week ended Feb. 13, even as major cryptocurrencies like Bitcoin BTC/USD and Ethereum ETH/USD registered losses in the same time period.
What Happened: ROSE gained nearly 41% over the last seven days. At the time of writing, the token was up 5.9% at $0.076.
Cryptocurrency | Gains (+/-) | Price (12p.m. EST) |
---|---|---|
Oasis Network (ROSE) | +40.8% | $0.076 |
Mina (MINA) | +33.45% | $1.02 |
Hedera (HBAR) | +21.1% | $0.085 |
The Graph (GRT) | +19.2% | $0.15 |
Lido DAO (LDO) | +18.1% | $2.41 |
The rise in ROSE came after Oasis Labs announced a partnership with Meta Platforms Inc META to assess fairness for the latter’s Artificial Intelligence models.
Our technology enables @Meta to measure bias on the @Instagram platform through a demographic survey, while protecting the privacy of the individuals who contribute their informationhttps://t.co/taPGl78JC3
— Oasis Labs (@OasisLabs) February 10, 2023
See Also: Six Best CryptoCurrencies To In 2023 For Investing
Why It Matters: Oasis said its technology enables the Mark Zuckerberg-led company to measure bias on its Instagram platform through a demographic survey, while “protecting the privacy of the individuals who contribute their information.”
The survey will be off-platform, according to a statement issued by Oasis.
“The data, collected by a third-party survey provider, will be secret-shared with third-party facilitators in a way such that the user’s survey responses cannot be learned by either the facilitators or Meta.”
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