OCEAN icon
OCEAN
Ocean Protocol
All
1W
1M
1Y
Basic chart
Advanced chart
Information
Transactions
Orders
OCEAN icon

What is OCEAN?

OCEAN is the native token of the Ocean network. Ocean is a decentralised data protocol that aims to create a public utility for connecting users, researchers and professionals with relevant data. Ocean protocol achieves this through the use of data marketplaces that allow users to buy and sell data and data privacy zones that allow users to submit algorithms to be used with private data. The algorithm can use the data, and report back to the user with the findings, all whilst keeping the data private. This allows for the utilisation of the vast amounts of private data without compromising the privacy of the data. Ocean’s consensus mechanism is called Proof-of-Authority. Ocean’s native token, OCEAN, is used as the unit of exchange for buying and selling data on the Ocean network. Ocean tokens are used to incentivise users to provide data, curating data, creating data marketplaces and becoming a network keeper to provide validation and verification services to the network.

Similar Coins

Coin
Price
24hr
GRT icon

GRT

The Graph
-
CQT icon

CQT

Covalent
-
MDT icon

MDT

Measurable Data Token
-
DATA icon

DATA

Streamr
-
XDATA icon

XDATA

Streamr DATAcoin
-
ALEPH icon

ALEPH

Aleph im
-
PRQ icon

PRQ

Parsiq Token
-
SWASH icon

SWASH

Swash Token
-
EQUAD icon

EQUAD

Quadrant Protocol
-
VIDT icon

VIDT

VIDT Datalink
-
PROM icon

PROM

Prometeus
-
Instant
Buy Limit
Buy Stop
OCEAN icon
Buy Ocean Protocol
OCEAN Balance: -
Purchase Amount
Switch to OCEAN
AUD
0.00000000 OCEAN

Ocean Protocol Bundles

View more