Ocean Protocol

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OCEAN PROTOCOL

PRESENTATION
FOUNDED BY BRUCE PON

BY
WHAT IS OCEAN
PROTOCOL?
Ocean Protocol is an open-source, decentralized data exchange protocol
that allows for the secure and private sharing of data. It is built on top of a
blockchain and aims to enable data providers to share their data with users
in a secure and private manner while ensuring that data providers are fairly
compensated for the value of their data.

The Ocean Protocol is designed to address several key challenges in the field
of data sharing, such as data silos, lack of transparency, and lack of trust
between data providers and data users. It aims to create a decentralized data
marketplace where data providers can securely share their data with users
while ensuring that data providers are fairly compensated for the value of their
data.

$OCEAN First, it allows for the creation of a decentralized data marketplace where
data providers can share their data with users in a secure and private manner.
Second, it provides a tamper-proof record of all transactions, which allows for
transparency and trust between data providers and data users. Third, it
enables the use of smart contracts to automatically enforce data usage
agreements, which ensures that data providers are fairly compensated for the
value of their data.
The Ocean Protocol is composed of several key components,
including a data marketplace, a data management system, and a
data sharing system.
The data marketplace is where data providers can share their data
with users, while the data management system provides tools for
data providers to manage their data, including tools for data
privacy, data security, and data provenance.
The data sharing system allows users to access and use the data
shared on the marketplace, while ensuring that data usage
agreements are enforced.

The Ocean Protocol is currently being developed by the


Ocean Protocol Foundation, a non-profit organization
based in Singapore. The organization is developing the
protocol in partnership with a number of other
organizations, including data providers, data users, and
technology companies.
Overall, the Ocean Protocol is a promising approach to
addressing several key challenges in the field of data sharing, Token: $OCEAN
such as data silos, lack of transparency, and lack of trust
MAX Supply:
between data providers and data users. The use of 1,410,000,000 OCEAN
blockchain technology, smart contracts, and other advanced
technologies, provides a secure and private way for data Total Supply:
613,099,141 OCEAN
providers to share their data with users, while ensuring that
data providers are fairly compensated for the value of their Market Cap
data. $166,591,422
Fully Diluted Market
Cap: $383,127,098
Trading Markets: Trading Markets:
Price Aug 11, 2019
Binance Uniswap $0.01351
Coinbase Exchange Bitfinex
All-Time High
KuCoin SushiSwap Apr 10, 2021
Kraken Bittrex $1.94
Bithumb Gate.io Price 20/01/2023
and more. $0.2714
+200M aprox.
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.
Pros Cons
Decentralized and secure: Ocean Protocol
Scalability: As with many blockchain-based
utilizes blockchain technology which allows
platforms, Ocean Protocol may face
for a decentralized and secure platform for
scalability issues as the platform grows and
data sharing.
more data is shared on it.

Data privacy: Ocean Protocol allows for data


Complexity: Ocean Protocol is a complex
to be shared while maintaining the privacy of
platform, which may make it difficult for
the data and the data providers.
some users to understand and use.

Access to high-quality data: Ocean Protocol


Limited adoption: As a relatively new
aims to provide access to high-quality data,
platform, Ocean Protocol has yet to gain
which can be beneficial for businesses,
widespread adoption, which may limit its
researchers, and other users.
utility for some users.

Data marketplaces: Ocean Protocol allows for


Limited data standardization: As data is
the creation of data marketplaces, where
provided by various data providers, there
data providers can monetize their data and
may be issues with data standardization and
where data users can access data for their
quality.
projects.
Personal thoughts
In my opinion, Ocean Protocol will be a project that will have
amazing growth and institutional adoption.
Looking at the Marketcap we have ATM, I think
this project can reach 2 to 5B in 5-6 years.

Growth pottential 10-15X in the next

NFA
ALWAYS DYOR

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