|All Time High:|
|Market Cap: |
|The price of #OCEAN today is $0.37 USD.|
The lowest OCEAN price for this period was $0, the highest was $0.370, and the current live price for one OCEAN coin is $0.37005.
The all-time high OCEAN coin price was $1.93.
Use our custom price calculator to see the hypothetical price of OCEAN with market cap of BTC or other crypto coins.
|The code for Ocean Protocol is #OCEAN. |
Ocean Protocol is 6 years old.
|The current market capitalization for Ocean Protocol is $226,876,906.|
Ocean Protocol is ranked #150 out of all coins, by market cap (and other factors).
|There is a large volume of trading today on #OCEAN.|
Today's 24-hour trading volume across all exchanges for Ocean Protocol is $21,278,411.
|The circulating supply of OCEAN is 613,099,141 coins, which is 100% of the total coin supply.|
Getting Started with ocean.py, Part 3: Set up Remotely
Introduction - ocean.py is a Python library to privately & securely publish, exchange, and consume data, using Ocean Protocol. Part 1 of this series introduced ocean.py, and described how to install it. Part 2 described how to set up for local testing This post sets us up for a remote flow following ocean.py’s setup-remote.md README. Here’s a video version this post. Or, jump straight into the text content below. medium.com — Remote Setup - We do setup for Mumbai, the testnet for Polygon. It’s similar for other remote chains. We assume you’ve already installed Ocean. Here, we will: Configure Brownie networks, Create two accounts — REMOTE_TEST_PRIVATE_KEY1 and 2, Get fake MATIC on Mumbai, Get fake OCEAN on Mumbai, Set envvars, Setup in Python — Alice and Bob wallets in Python, Let’s go! — 1. Configure Brownie networks (One-Time) - — 1.1 Network config file - Brownie’s network config file is network-config.yaml. It is located in the .brownie/ subfolder of your home folder. For Linux & MacOS, it’s: ~/.brownie/network-config.yaml, For Windows users, it’s: C:\Users\<user_name>\.brownie\network-config.yaml, — 1.2 Generate network config file (if needed) - If you already see the config file, skip this section. If you don’t, you need to auto-generate by calling any brownie function from a Python console. Here’s an example. First, in a new or existin...
Data Farming DF28 Completes and DF29 Launches. DF Main is Here!
Stakers can claim DF28 rewards. DF29 runs Mar 16-Mar 23, 2023. — — 1. Overview - Data Farming Round 29 is here (DF29). DF29 is the first week for DF Main, the final phase of DF! This week, users can earn rewards up to 150K OCEAN. In DF Main, weekly rewards will grow to 1M+ OCEAN. The article “Ocean Data Farming Main is Here” has the full details of DF Main. In fact, it’s a self-contained description of Ocean Data Farming (DF), including all the details that matter. It is up-to-date with the latest reward function, weekly OCEAN allocation, and estimates of APYs given the current amount of OCEAN staked. The rest of this article is the “usual” weekly update: recap of the previous week, and details of the upcoming week. DF is like DeFi liquidity mining or yield farming, but is tuned to drive data consume volume (DCV) in the Ocean ecosystem. It rewards stakers with OCEAN who allocate voting power to curate data assets with high DCV. To participate, users lock OCEAN to receive veOCEAN, then allocate veOCEAN to promising data assets (data NFTs) via the DF dapp. DF28 counting started 12:01am Mar 9, 2022 and ended 12:01am Mar 16, 2023. 75K OCEAN worth of rewards were available. Those rewards are now ready for claiming. You can claim them at the DF dapp Claim Portal. DF29 is live and will conclude on Mar 23, 2023. DF Round 29 (DF29) is the first week of DF Main. Details of DF Main can be found here. The r...
Ocean Data Farming Main is Here
The final phase of DF is live. 150K weekly OCEAN rewards, which will grow to 1M+. Earn by locking OCEAN and by Curating Data. — Contents 1. Abstract 2. Introduction 3. veOCEAN Review 4. Data Farming Review 5. Walk-Through Numbers 6. On Implementing DF Main 7. Conclusion (Plus Appendices) — 1. Abstract - Data Farming (DF) incentivizes for growth of Data Consume Volume (DCV)  in the Ocean ecosystem. Its final phase is DF Main. DF Main emits 503.4M OCEAN worth of rewards and lasts for decades. DF Main starts Mar 16, 2023 in DF Round 29. DF29 has 150K OCEAN rewards available (a 2x increase from DF28). As DF Main progresses, rewards will increase to 300K (another 2x), then 600K (another 2x), then beyond 1.1M OCEAN/week (near 2x) then decaying over time. As of DF29, wash consuming will no longer be profitable. So, organically-generated Data Consume Volume will be the main driver of active DF rewards. Typical APYs are 5–20%. Full implementation of DF Main will be over many months, after which DF will be decentralized. — 2. Introduction - This article is a self-contained description of Ocean Data Farming (DF), including all the details that matter. It is up-to-date with the latest reward function, weekly OCEAN allocation, and estimates of APYs given the current amount of OCEAN staked. The rest of this article is organized as follows. Section 2.1 gives an overview of veOCEAN & Data Farming. Section 2.2...
Ocean Protocol Update || 2023
What We’re Doing in 2023, and Why. — Ocean’s first phase was building the core infrastructure for the open data economy. It’s now entered its next phase: to drive data value-creation loops, by focusing on the users in the last mile.Contents 1. Abstract 2. Introduction 3. Dapp Developers served by team Eagle-Rays (Stream 1) 4. Data Scientists served by team Thresher (Stream 2) 5. Crypto-Enthusiasts served by team Sailfish (Stream 3) 6. Conclusion — 1. Abstract - Ocean was founded to create the building blocks and tools to unleash an open, permissionless and secure data economy. The first phase of Ocean was about building the core infrastructure for the open data economy. Ocean has entered its next phase: to drive data value-creation loops by focusing on the users in the last mile: data dapp developers, data scientists, and data-oriented crypto enthusiasts. To meet these aims, we’ve re-organized ourselves into three specific streams, one for each user type. This post shared the plans for each of the streams and their respective users. — 2. Introduction - — 2.1. Ocean Foundations. — Ocean Protocol was launched in 2017 with a whitepaper and a promise: to create the building blocks and tools to unleash an open, permissionless and secure data economy. We shipped Ocean V1 to enable data sovereignty (“your keys, your data”). Ocean V2 enabled privacy via Compute-to-Data. We shipped Ocean V3 ...
DF27 Completes and DF28 Launches. DF Main is approaching.
Stakers can claim DF27 rewards. DF28 runs Mar 9-Mar 16, 2023. 1. Overview Data Farming Round 28 is here (DF28). DF28 is part of DF Beta, where users can earn rewards up to 100K $OCEAN while contributing to the refinement of Data Farming and Ocean technology. DF28 begins a ticking time bomb to DF Main, where data farming will exit beta testing. DF28 & DF29 will be the last rounds before DF Main. The Ocean Protocol Data Farming program incentivizes the consumption of data assets in the Ocean ecosystem. It rewards stakers with OCEAN who allocate voting power to curate data assets with high Data Consume Volume (DCV). DF rewards OCEAN mirrors a DeFi liquidity mining / yield farming model, but tuned for data consumption and enables voting power allocated to data assets . DF’s aim is to achieve a minimum supply of data for network effects to kick in, and upon network flywheel spinning, to increase growth rate. DF25 introduced an updated reward function, where Publishers now receive a 2x effective stake! All veOCEAN that a publisher has allocated (“staked”) to an asset they’ve published, is multiplied by 2x for the rewards calculation. To participate, users lock OCEAN to receive veOCEAN, then allocate veOCEAN to promising data assets (data NFTs) via the DF dApp. DF27 counting started 12:01am march 2, 2022 and ended 12:01am Mar 9, 2023. 75K OCEAN worth of rewards were available. Passive and Active Rewards are now avai...
Air Quality Data Challenge Winners
Drumroll, please! We announce today the winners of Ocean Protocol’s first Air Quality in Catalunya data prediction challenge. The results are in… After close consideration by a panel of evaluators from Ocean Protocol, the award for 1st place ($3,000) goes to Luca Ordronneau. The second prize ($2,000) is awarded to Colin Chan, and the third prize ($1,000) is conferred upon Andrey Bessalov. Launched on February 1st 2023, the contestants of our Air Quality challenge were asked to use Ocean.py’s open-source tool, Compute-to-Data, to publish predictions of air pollutant concentrations in a fully decentralized manner. Contestants also submitted a report about their algorithmic approach to predictions. Ocean Protocol hosts data challenges like these to attract data scientists to publish high quality data assets on the Ocean Market. Feedback from contestants also drives innovation and improvements to the Ocean tech stack. About Ocean Protocol Ocean Protocol is a decentralized data-sharing ecosystem spearheading the movement to unlock a New Data Economy, break down data silos, and open access to quality data. Ocean’s intuitive marketplace technology allows data to be published, discovered, and consumed in a secure, privacy-preserving manner by giving power back to data owners, Ocean resolves the tradeoff between using private data and the risks of exposing it. Air Quality Data Challenge Winners was originally published in Oc...
Predict-ETH 4: Dive into Decentralized Data
Calling all Oceaners, data scientists, and traders! It is time to take part in decentralized data science with Ocean Protocol! — About Predict-ETH Competition - Ocean Protocol’s Predict-ETH data challenge is an exciting opportunity for data scientists to showcase their skills and potentially win big. This competition revolves around building a model that can accurately predict the price of Ether (ETH). It uses Ocean Protocol’s open-source ocean.py library. Participants retain full control over any model they build for the competition, enabling them to monetize their work through the competition, trade using their model, or sell access to the model as a data feed on the Ocean Market! — Predict-ETH Round 4 Prizes - Prize Pool: $5,000 USD/payable in OCEAN 1st place: $2,500 2nd place: $1,500 3rd place: $1,000 The evaluation panel will determine if entries are valid, submitted in good faith, and meet minimum requirements specified in the challenge description. — Predict-ETH Round 4 Setup - See the challenge requirements, create your proposal, and submit your predictions all on the Predict-ETH challenge page. You can use any data you wish — static data or streams, free or priced, raw data or feature vectors, published in Ocean or not. We included links to some data feeds and AI modeling approaches that you may find helpful in the challenge’s README. — Predict-ETH Round 4 Evaluation - The ...
Getting Started with ocean.py, Part 2: Set up Locally
Introduction - ocean.py is a Python library to privately & securely publish, exchange, and consume data, using Ocean Protocol. Part 1 of this series introduced ocean.py, and described how to install it. In this post, we pick up from from part 1, to do setup for local testing. A later post will describe how to do setup for remote networks. We’ll closely follow the ocean.py setup-local.md README. Note 1: Ocean local setup uses Docker, which is fine for Linux/Ubuntu but plays badly with MacOS and Windows. If you are on these, you’ll want remote setup. Note 2: if you have issues with any steps in this README, please share it in o Ocean’s #dev-support Discord, and we will work with you to resolve them. Note 3: this blog post is up-to-date as of Mar 2023, but if 2+ months have passed, we recommend using the READMEs directly for up-to-date instructions. Let’s get going! — 1. Download barge and run services - Ocean barge runs ganache (local blockchain), Provider (data service), and Aquarius (metadata cache). Barge helps you quickly become familiar with Ocean, because the local blockchain has low latency and no transaction fees. Accordingly, many READMEs use it. However, if you plan to only use Ocean with remote services, you don’t need barge. In a new console:# Grab repo git clone github.com cd barge - # Clean up old containers (to be sure) docker system prune -a --volumes - # Run barge: start Ganache, Provi...
Introducing the winners of the Predict-ETH Round 3 Data Challenge
Winning predictions are extremely promising towards monetization. — — Summary - Predict-ETH Round 3 just completed. First, second and third place go to Andrey Bessalov ($2500), Tanut Choksatchawathi ($1500), and M.N. ($1000) respectively. The winning predictions are extremely promising towards monetization. Congratulations to all! — About Predict-ETH Competition - Predict-ETH is a challenge to predict the price of ETH, and win prize $. It uses ocean.py library There’s great value in being able to predict ETH well. It helps to make $ in buying / selling ETH, DeFi trading, yield farming or DeFi protocol development. And, you can sell your predictions as a datafeed on Ocean Market, for others to do the same. Yet, predicting ETH accurately is not so easy. So the challenge is: how accurately can you predict ETH? Ocean Protocol hosts regular Predict-ETH competitions to help onboard people to pursue this challenging problem, and potentially make $ while at it. — Predict-ETH Round 3 Setup - Predict-ETH Round 3 kicked off on Jan 16, 2023. The Round 3 README guided contestants in making submissions. Desights was used to host the competition in a decentralized fashion. We held regular workshops with the community, for anyone working on the predict-ETH challenge who wanted facetime with Ocean core team. The submission deadline was Sun Feb 19, 2023 at 23:59 UTC. Competitors had to make predictions for ETH ...
DF26 Completes and DF27 Launches. DF Main inches closer.
Stakers can claim DF26 rewards. DF27 runs Mar 2-Mar 9, 2023. 1. Overview Data Farming Round 27 is here (DF27). DF27 is part of DF Beta, where users can earn rewards up to 100K $OCEAN while contributing to the refinement of Data Farming and Ocean technology. The Ocean Protocol Data Farming program incentivizes the consumption of data assets in the Ocean ecosystem. It rewards stakers with OCEAN who allocate liquidity to curate data assets with high data consume volume (DCV). DF rewards OCEAN to pool liquidity providers (stakers) as a function of consume volume and liquidity. It’s like DeFi liquidity mining, but tuned for data consumption. DF’s aim is to achieve a minimum supply of data for network effects to kick in, and once the network flywheel is spinning, to increase growth rate. DF25 introduced an updated reward function, where Publishers now receive a 2x effective stake! All veOCEAN that a publisher has allocated (“staked”) to an asset they’ve published, is treated as 2x stake for the rewards calculation. To participate, users lock OCEAN to receive veOCEAN, then allocate veOCEAN to promising data assets (data NFTs) via the DF webapp. DF26 counting started 12:01am Feb 23, 2022 and ended 12:01am Mar 2, 2023. 75K OCEAN worth of rewards were available. Passive and Active Rewards are now available. You can now claim both Rewards at the DF webapp Claim Portal. DF27 is live and will conclude on Thursday, Mar 9, 20...
More Ocean Protocol (#OCEAN) News
|MEXC Global Now Exceeds 10 Million Users, The Meaning Behind the Upgrade...
[PRESS RELEASE - Please Read Disclaimer]
As of September 2022, MEXC has finally reached a respectable milestone of 10 million users! To celebrate this unique achievement, starting November 18th of this year, MEXC will introduce a major brand color change to its global userbase to spread awareness for which it stands for. After surveying customers directly during a limited roll-out in South Korea, the color has transitioned from MEXC's original 'Forest Green' color-scheme, to a new, beautiful 'Ocean Blue' pallet.
At MEXC, our #1 priority is adhering to the principle of 'Users Come First'. Upon further surveying additional global markets, the response has been overwhelmingly positive for 'Ocean Blue' - the change is now permanent. Vice President of MEXC, Andrew Weiner states that users in Korea advocated strongly for the rebrand to 'Ocean Blue'. “Following our evaluation, we tested the requested color upgrade with our passionate users from MEXC Korea. It was great to see the change so well-received, and MEXC is truly grateful for the customer insight that directly influences our views and image.'
Now, why 'Ocean Blue'? Our blue oceans cover 71.35% of Earth's surface, whereas the forest area accounts for just 7.27%. Forests are fragile, and restricted to the land - but the sea is immense and limitless. 'Ocean Blue' incorporates 'every river that flows into the sea.' According to Weiner, 'Ocean Blue' is also a more accurate reflection of MEXC's brand identity. '...
|Ocean Protocol (OCEAN) Breaks Out With Bullish Bias, Will $0.25 Play Out...
OCEAN's price shows strength as it bounces from a downtrend range price rallied to a high of $0.18 with eyes set on $0.25.
OCEAN could rally more as the price creates more bullish bias breaking out of its descending triangle with good volume as the price could rally to $0.25.
OCEAN's price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies. Ocean Protocol (OCEAN) has had a tough time this year as the price has maintained a downtrend, but the price of OCEAN could be set for a change as Ocean Protocol breaks out of its daily descending triangle with good volume. The past few days have seen the crypto market has looked more decent, with the likes of Bitcoin (BTC) and Ethereum (ETH) showing some great price movement in recent times. OCEAN's price rallied from $0.15 to a region of $0.184 as the price aims to take the market by its horn. (Data from Binance)
Ocean Protocol (OCEAN) Price Analysis On The Weekly Chart. In recent times, Ocean Protocol (OCEAN) has struggled to regain its bullish momentum as the price has had a more quiet time ranging in a weekly low of $0.15; despite the uncertainty that has befallen the crypto space, the price of OCEAN held its ground as price defended its key support area of $0.15.
OCEAN's price had yet to replicate its rally that took the price of OCEAN to an all-time high of $2 before it faced rejection to trend higher.
After trading in a range for weeks as the pri...
|Ocean Protocol's veTokenomics Kickstart a Decentralized Data Economy and...
The exchange and monetization of data is a valuable yet unknown opportunity in Web 3.0, as blockchain technology can solve challenges related to the secure access of datasets.
Ocean Protocol’s ecosystem welcomes participants that are looking to distribute, purchase or invest in data, creating a balanced economy where anyone can participate to monetize this valuable resource. Paired with existing tools known to cryptocurrency enthusiasts, including NFTs, ERC-20 Tokens, and yield farming, the protocol offers an incentive structure that can kickstart an encompassing, decentralized data economy.
The project has already launched its decentralized, open-source marketplace for datasets in 2020.
Their marketplace is compatible with Ethereum and other blockchains, such as Polygon, Moonbeam, EWT, and Binance Smart Chain. Their technology has since been adopted by Mercedes-Benz and other enterprises. The company was awarded by the World Economic Forum as a Technology Pioneer in 2021.
Data Finance & veTokenomics
In the domain of Web 3.0, decentralized finance (DeFi) still presents a significant opportunity for users. Although rug-pulls, impermanent loss, and unsustainable staking models resulted in major losses for many recently, the ecosystem is adapting quickly. Consequently, Ocean Protocol took a decision to re-design its entire marketplace structure, entirely focused on protecting user funds.
To achieve their objectives, the project implemented the veTokenomics developed by Cur...
|Ocean Protocol Could Be Up For A Mega Run; Here Is Why
OCEAN's price shows the market a glimpse of bullish hope as price broke out of its long-range movement with strong volume. OCEAN trades above key resistance as price breaks out of range holding above 8 and 20-day EMA. The price of OCEAN eyes a rally to $0.1 as key resistance was flipped into support with more buy orders.
The price of Ocean Protocol (OCEAN) has continued to show its strength as price trends with key breakouts from a downtrend range against tether (USDT). With the crypto market cap bouncing from its weekly low as the market continued to look promising, the price of Ocean Protocol (OCEAN) was not left out as the price broke out of its long daily range, with the price trending to a higher height. (Data from Binance)
Ocean Protocol (OCEAN) Price Analysis On The Weekly Chart
The crypto market received relief, as most crypto altcoins expected. However, despite the recent price surge in most crypto assets, some altcoins have remained range-bound.
As the price of OCEAN could not break out with real volume in previous months, it was stocked in a range-like box.
|ONDA: Web 3 Data Marketplace on Ocean Protocol to Redefine Data Monetiza...
The cryptocurrency industry has changed fundamentally over the past years with new protocols developing tools designed to explore previously unchartered horizons.
Data has been at the forefront of blockchain protocols for a long while, but now, with the advent of narratives such as non-fungible tokens, decentralized finance (DeFi), as well as the recently booming concept of Web 3.0, it has taken a leap forward.
ONDA is Ocean Protocol’s latest product release, a decentralized data marketplace that pairs existing DeFi tools, token standards, and smart contracts across several blockchain networks, such as Ethereum, Polkadot’s Moonbeam, or Polygon. Simply put, the Ocean Protocol ONDA Marketplace makes data an investable crypto asset class. What’s important to highlight is that the Marketplace is not just another purely speculative DeFi Marketplace that offers its participants an unrealistic yield. It was carefully designed to reward utility and generate real world value by ensuring a balanced foundation of data consumption and speculation.
Why is Data Consumption Valuable?
In our digital age, data is one of the world’s most valuable resources. Technologies like artificial intelligence rely on the availability of vast amounts of data to succeed. However, data is either exploited by Web 2.0 corporations or simply remains locked up as companies are too afraid to publish it.
Ocean Protocol’s data marketplace aims to incentivize data owners to take back c...