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| == Basics ==
| | My desk and keyboard is full of my semen, i will clean shortly |
| * Founded in:
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| * [[Mainnet]] release:
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| * Based in: Singapore-based non-profit foundation
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| * A [[decentralized]] data exchange protocol that unlocks data for AI use.
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| * From [https://www.crypto-news-flash.com/bitcoin-trader-reveals-polkadots-most-promising-defi-projects/ this] article (3-10-2020):
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| ''"Ocean provides reliable information for the construction, transfer, publication and its consumption through applications. Recently, Ocean partnered with one of the most important protocols on [[Ethereum]]’s DeFi, [[Balancer]], to launch a marketplace, and with the German multinational [[Daimler |Daimler AG]], owner of Mercedes-Benz. Davis stated: Information is not only used for DeFi, Ocean goes further. This can bring a lot of value to various sectors. In particular, it can be used with information intensive industries such as artificial intelligence. Information may be the new oil."''
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| == History ==
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| == Audits & Exploits ==
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| *[[Bug bounty]] program can be found [insert here].
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| === Bugs/Expliots ===
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| * When [[KuCoin]] got [https://cointelegraph.com/news/freeze-pause-reboot-projects-react-differently-to-200m-kucoin-hack hacked] (28-9-2020), 21M tokens were frozen by Ocean Protocol team members. This hints to [[centralized]] powers. The project has since [https://blog.oceanprotocol.com/ocean-protocol-foundation-statement-regarding-kucoin-hack-c1af0aa0c36b announced] that it is initiating a [[hard fork]] of its [[contract]] to “reverse the ill-effects of the hack for anyone choosing to adopt the new version of the contract.”
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| == Governance ==
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| === Admin Keys ===
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| === DAO ===
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| === Treasury ===
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| == Token ==
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| === Launch ===
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| === Token allocation ===
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| === Utility ===
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| === Token Details ===
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| === Stablecoin ===
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| == Coin Distribution ==
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| == Tech ==
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| * [[Whitepaper]] can be found [https://oceanprotocol.com/tech-whitepaper.pdf here] (15-4-2019).
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| * Code can be viewed [insert here].
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| * Built on: [[Ethereum]], [[ERC20]]
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| * Programming language used:
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| === Transaction Details ===
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| * Capacity ([[TPS]]):
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| * [[Latency]]:
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| === How it works ===
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| === Fees ===
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| === Upgrades ===
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| *[https://blog.oceanprotocol.com/ocean-product-update-2020-f3ae281806dc Ocean V3] has data [[tokens]], incentives, staking, better composability with Ethereum and the emerging [[DeFi]] movement.
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| ==== KuCoin Hard Fork ====
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| * When [[KuCoin]] got [https://cointelegraph.com/news/freeze-pause-reboot-projects-react-differently-to-200m-kucoin-hack hacked] (28-9-2020), 21M tokens were frozen by Ocean Protocol team members. This hints to [[centralized]] powers. The project has since [https://blog.oceanprotocol.com/ocean-protocol-foundation-statement-regarding-kucoin-hack-c1af0aa0c36b announced] that it is initiating a [[hard fork]] of its [[contract]] to “reverse the ill-effects of the hack for anyone choosing to adopt the new version of the contract.”
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| === Staking ===
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| === Different Implementations ===
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| === Interoperability ===
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| === Other Details ===
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| == Oracle Method ==
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| == Privacy Method ==
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| == Compliance ==
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| == Their Other Projects ==
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| * Is [https://www.coindesk.com/ocean-protocol-balancer-labs-amm-data-marketplace teaming up] (24-9-2020) with [[Balancer]] Labs to create the first automated market maker ([[AMM]]) for data.
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| == Roadmap ==
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| * Can be found [https://blog.oceanprotocol.com/ocean-product-update-2020-f3ae281806dc here] (19-4-2020):
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| "''Our [https://oceanprotocol.com/tech-whitepaper.pdf whitepaper] and [https://blog.oceanprotocol.com/ocean-roadmap-setting-sail-to-2021-70c2545547a7 July 2019 roadmap] laid out our goals, implemented as versions V1-V5. The first three goals are about the functionality of Ocean Protocol:''
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| ''(Goal 1 / V1) Build a [[decentralized]] data exchange foundation — to connect data owners and data consumers, without middlemen being able to see or control the data, via decentralized access control and data marketplaces.''
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| ''(Goal 2 / V2) Compute-to-data to unlock private data while preserving privacy.''
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| ''(Goal 3 / V3) Incentives to maximize the supply and sharing of data.''
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| ''The last two goals are about a healthy, decentralized ecosystem:''
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| ''(Goal 4 / V4) Community funding for development of core software, applications, and infrastructure; and a broad, diverse ecosystem of builders and partners. Projects are proposed and curated by the community with a steady stream of funding coming from the network reward. The network and protocol need to be self-sustaining over the long-term, without continued funding from the community or a central coordinating organization.''
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| ''(Goal 5/ V5) [[Permissionless]] and censorship-resistant technology — it is self-evident that technology should not be monopolized by the few, while offering a level playing field for newcomers to bring innovation to the market."''
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| == Usage ==
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| === Projects that use or built on it ===
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| * [https://www.zdnet.com/article/ocean-protocol-delivers-blockchain-based-decentralized-data-orchestration-for-daimler-ag/ Delivers] blockchain-based decentralized data orchestration for [[Daimler AG]] (28-7-2020).
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| * Used by the [https://www.zdnet.com/article/raiinmaker-influencer-marketing-platform-launches-with-50000-open-source-money-rewards/ Raiinmaker influencer platform] amongst others.
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| == Competition ==
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| == Pros and Cons ==
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| === Pros ===
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| === Cons ===
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| * When [[KuCoin]] got [https://cointelegraph.com/news/freeze-pause-reboot-projects-react-differently-to-200m-kucoin-hack hacked] (28-9-2020), 21M tokens were frozen by Ocean Protocol team members. This hints to [[centralized]] powers. The project has since [https://blog.oceanprotocol.com/ocean-protocol-foundation-statement-regarding-kucoin-hack-c1af0aa0c36b announced] that it is initiating a [[hard fork]] of its [[contract]] to “''reverse the ill-effects of the hack for anyone choosing to adopt the new version of the contract.”''
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| == Team, Funding, Partners ==
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| === Team ===
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| * Full team can be found [here].
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| * [[Bruce Pon]]; founder
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| *[[Trent McConaghy]]
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| === Funding ===
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| === Partners ===
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| * [https://www.crypto-news-flash.com/bitcoin-trader-reveals-polkadots-most-promising-defi-projects/ Partnered] with [[Balancer]] (4-10-2020).
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| [[Category:Coins/Tokens]]
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