Listing $OCEAN#557

Ocean is an open source protocol that aims to enable businesses and individuals to exchange and monetize data and data-based services.

Based on the Ethereum blockchain, the Ocean protocol uses “datatokens” to access datasets. The tokens are then exchanged by users who need access to the information.

Ocean aims to keep the datasets on its platform available to start-ups and researchers, without divesting them from those who store them.

Ocean’s software is designed to facilitate this exchange of data, linking users who need data or who have no resources to store it, with those who have resources at their disposal. In exchange for their work, suppliers receive OCEAN, Ocean’s native cryptocurrency.

The OCEAN token (sometimes called OCEAN coin or OCEAN crypto) is designed to be versatile and is used to validate the best datatokens and enable users to both participate in governance and buy or sell data.