Ocean Protocol

Data & Analytics
Ocean Protocol header

Ocean Protocol

Data & Analytics

Decentralized data exchange protocol

Singapore, Singapore

Profile claimed

$28M
Total amount raised
25-50
Team size
2017
Year of establishment
Active
Status

About

Hi we’re Ocean Protocol!


The Ocean Protocol allows for the creation of decentralised data marketplaces. These are marketplaces where data is exchanged. Imagine an AI developer who’s in need of data to build predictive models, while a large corporate is sitting on a huge pile of data that’s not being used. The Ocean Protocol bridges the gap between these two actors, enabling the exchange of data against a compensation.

Doing so, the Ocean Protocol unlocks data that’s stored in silos. Utilising blockchain technology, the Ocean protocol enables data providers to let data consumers safely use their data, without actually giving them access. This is because it’s just the AI algorithm that’s running the data. Only the end result will be passed on to the data consumer.

The OCEAN token is used as a means of exchange between the data consumer and data provider.

Key objective

We aim to unlock data, for more equitable outcomes for users of data, using a thoughtful application of both technology and governance.

Slogan / Motto

A New Data Economy

Use cases

Data Management
Marketplace

Team

25 - 50
Full team size
Team members

Bruce Pon Founder

Responsibilities

Bruce Pon is the Founder of BigchainDB and Ocean Protocol, blockchain startups focused on bringing data and AI together since 2013.

Trent McConaghy Founder

Responsibilities

Technical lead working on AI, blockchain, data, and Token Engineering.

Cristina Cenuse Co-Founder, Marketing Director

Responsibilities

Marketing, Communications, Branding, Advertising.

Razvan Olteanu Chief Operating Officer

Responsibilities

Manage Development, Community, Business development and Marketing. Works closely with Ocean Protocol CEO and CTO for developing new products. Develops new strategies for go to market by engaging community.

Monica Botez Head of Communications

Responsibilities

Create Ocean Protocol’s global communication strategy, infrastructure and budget. Manage executive, digital and partnerships communication. Develop and deliver integrated communication campaigns on key strategic priorities [Web3, data privacy, data economy, marketplace]. Coordinate the messaging framework and act as an internal coach for Ocean Protocol speakers’ participation at industry conferences. Lead the Ocean Protocol communications team.

Sheridan Johns Head of Ecosystem

Responsibilities

Establishing strategic collaboration and growth opportunities, onboarding early adopters and developing go-to-market strategies for Ocean Protocol technology products and services.

Working cross-functionally with the Marketing, Communications and Engineering to develop, implement and deliver value-add initiatives for entrepreneurs, startups and developers.

Customers / Partners

Products

Tokens

Ocean Protocol
Ocean Protocol
($OCEAN)
Type
Utility tokens
Runs on
Pacific Network
Ocean Protocol Network
Datatokens
Token standards
ERC-20
Price
$1.43
Market Cap
$611,873,667.00

Funding

Received funding
$28,100,000
Total amount raised
5
Rounds
8
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
$6,000,000
ICO/Token Sale

$22,100,000
ICO/Token Sale
Fabric Ventures
Julian Sarokin
Kosmos Capital
Outlier Ventures
Synapse Capital
Zeroth.AI
N/A
Seed
Outlier Ventures
N/A
Venture
BlockVC
N/A
ICO/Token Sale

News

Data is the new oil - Ocean Protocol is building the data economy

Bruce Pon is the founder of Ocean Protocol. Ocean helps developers build marketplaces so that organizations can privately and securely publish, exchange, and consume data. Ocean Protocol is building the new data economy.


6 months ago


Product update/release
Ocean Protocol

Ocean V3 Brings Wave of Data Monetization Tools to Ethereum

A third version of Ocean Protocol has been released, fleshing out its vision for “datatokens” and decentralized data marketplaces.


7 months ago


Product update/release
Ethereum
Ocean Protocol

Ocean Protocol Forks to Retrieve Tokens Stolen From KuCoin Exchange

On Sunday, Ocean Protocol conducted a hard fork from its old token address to prevent the Kucoin exchange hacker from continued unloading of stolen OCEAN tokens on decentralized exchange Uniswap.


7 months ago


Product update/release
Ocean Protocol
Kucoin
Uniswap

Ocean Protocol and Balancer Want to Do for Data What Uniswap Did for Coins

Ocean Protocol is teaming up with Balancer Labs to create the first automated market maker (AMM) for data.


8 months ago


Partnership
Ocean Protocol
Uniswap

Coinbase Reviewing 19 Crypto Assets for Listing, Including Wrapped Bitcoin and Paxos Gold

Crypto exchange Coinbase said Friday that it is reviewing 19 cryptocurrencies for possible listing. These new assets are: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph, Theta, Uma, and Wrapped Bitcoin (WBTC). Coinbase said the review process includes “significant technical and...


9 months ago


Product update/release
Coinbase
Ampleforth
Band Protocol
Blockstack
Fetch.AI
Helium
Hedera Hashgraph
Kava Labs
Ocean Protocol
tBTC (Keep Network)
The Graph
Theta Network
Uma
WBTC