Ocean Protocol Price(OCEAN)
$0.19,134,883-1.34%(24h)
Market Statistics
About Ocean Protocol (OCEAN)
Ocean Protocol is a blockchain-based ecosystem that allows individuals and businesses to easily unlock the value of their data and monetize it through the use of ERC-20 based datatokens.
Through Ocean Protocol, publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets that were previously unavailable or difficult to find. These datasets can be discovered on the Ocean Market, where they can be purchased and later consumed or sold.
On Ocean Protocol, each data service is represented by a unique datatoken, which is used to wrap a dataset or compute-to-data service — this essentially allows third-parties to perform operations on the data without it ever leaving the secure enclave of the publisher.
OCEAN is a utility token that is used for community governance and staking on data, in addition to buying and selling data as the basic unit of exchange on the Ocean Market. The price of these datatokens is set by an OCEAN-datatoken AMM pool, which adjusts the price of the datatoken as it is bought and sold based on supply and demand.
What Makes Ocean Protocol Different?
Ocean Protocol unlocks access to data that would previously be unavailable or challenging to access, by allowing anybody with sought-after datasets to tokenize their data and make it available on the Ocean Market.
This produces an additional income stream for data publishers while giving scientists, researchers, data analysts and anybody else access to more reliable data.
Ocean Protocol provides the tools needed for firms to build and launch their own data markets, by either directly forking the Ocean Protocol, or by using the supplied Ocean Protocol React hooks. It also provides extensive documentation to assist with this process.
Holders of OCEAN tokens can directly participate in the datatoken economy by staking their tokens on datasets on the Ocean Market. Stakers then become liquidity providers in the selected OCEAN-datatoken pool, and earn a fraction of the transaction fees generated by the pool.
Where Can You Buy OCEAN?
OCEAN tokens can currently be traded on some exchanges, including several top tier platforms. Uniswap is the most liquid decentralized exchange for OCEAN.
OCEAN currently cannot be purchased directly with fiat currencies on any supported exchanges. But you can buy Bitcoin with fiat instead, and then exchange this to OCEAN.
![]() |
Whitepaper | ![]() |
Official Website |
News
CRO Coin Price Prediction 2022 – Will Cronos Reach $1 Soon?
08/18/2022
Quick Takeaways -Bullish CRO coin price prediction 2022 […]
Gasoline Price Prediction 2022,2030: What Will It Be In Next Five Years?
08/18/2022
Gasoline Price Prediction: While gasoline is still reve […]
Celsius gets permission to sell mined BTC to cover operating expenses
08/18/2022
Crypto lender Celsius has been granted approval by a Ne […]
Aptos vs Sui Blockchain: Which Layer 1 Blockchain is Better?
08/18/2022
Which Blockchain at the Layer 1 Level is Better? […]
NFT Signals Telegram Teams With NFT Tracking Tool Tokun
08/18/2022
NFT Signals and NFT tracking tool Tokun have partnered […]
- Terms & Agreement
- Customer Service
Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
The world’s longest-running cryptocurrency exchange since 2011 © 2011-2022 BTCC.com. All rights reserved