1. Home
  2. ICO Base
  3. Ocean Protocol

Ocean Protocol

Computing & Data Storage

Overview

Ocean Protocol is a decentralized data exchange protocol that unlocks data for AI.

Features

Ocean Protocol is a decentralized data exchange protocol that unlocks data for AI and other applications. 

Ocean is a network designed to facilitate interaction between data providers and consumers. Ocean is an open platform that allows the developers to easily access it and build their services. The Ocean team hopes to make data sharing and selling secure through employment of blockchain technologies. 

The Ocean ecosystem will include the following key participants: data providers (any entity that possess valuable data), data consumers (any entity that needs data for analysis and training AI/ML models), marketplaces (any portal that acts as a market, connecting buyers and sellers), community (general public, legislators, etc.), and developers. 

The Ocean Protocol network is using ERC20 Ocean tokens (OCN) as the means of value exchange. The data providers and curators earn Ocean tokens for their services. Market places connected to the Ocean Protocol and network keepers, which provide verification and validation services, also get their rewards in Ocean tokens.

Crowdsale

Pre-sale
Pre-sale start date 07 Mar 2018
Pre-sale end date 07 Apr 2018
Token Sale
ICO token supply 211,500,000
Hard cap size 11,000,000 USD (fiat)
Raised 22,100,000 USD
Legal
ICO Platform 3
Country Limitations China,
Registration Country Singapore
Registration Year 2017
Token details
Ticker OCN
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Token distribution

45% - keepers

25% - acquirors

20% - founders

10% - Foundation

Funds allocation

45% - t-o BigchainDB, up to a maximum of 25M€

45% - to DEX, up to a maximum of 25M€

10% - to Ocean Foundation up to approximately 60M€, then all remaining proceeds. 

Ratings

Type of scores
Score
Status
Hype score Medium Active
Risk score Medium Active

Funding Rounds

Fund
Status
aum
Strategy
Live $45,200,000 Venture, Accelerator
Live NA Venture
Live NA Venture

Development

layout.headers.Pre_launch
Launch
Custom blockchain
Testnet
Mainnet
Q4 2018 NA NA NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Medium
Ocean Protocol ICO Contacts
Website

Raised: $22,100,000


Token OCN
Price 1 OCN = 0.25 USD
Product Type Ecosystem
MVP No product
Registration Country Singapore
Whitepaper View
Ocean Protocol rating widget
Rating Get this widget
ICOs that might interest you

Status TBA
Hype score Low
Risk score Medium
Investment rating Risky+


Status TBA
Hype score High
Risk score Medium
Basic Review NA


Status TBA
Hype score High
Risk score Medium
Investment rating Risky


Status TBA
Hype score High
Risk score Medium
Investment rating Stable+