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Ocean Protocol OCEAN

Ocean Protocol Price (OCEAN)
$0.9419
1.34% Buy OCEAN Now

0.0002 ETH

0.0000138 BTC

Buy OCEAN Now
Low: $0.9202
High: $0.9732
24h
Market Cap
$535,341,215
1.34%
Fully Diluted Market Cap
$1,328,433,567
1.34%
Volume
24h
$27,267,297
47.24%
Volume / Market Cap
0.0509
Circulating Supply
568,381,103 OCEAN
40.31%
Max Supply
1,410,000,000
Total Supply
1,408,900,141

Ocean Protocol (OCEAN) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.13%

Joined at Sep 15, 2017

Following

272

0.00%

Tweet count

10,787

0.13%

Ocean Protocol reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Ocean Protocol (OCEAN) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Ocean Protocol telegram
Telegram Stats
Visit Telegram

Members

0.38%

Title

OceanProtocol 🌊

Ocean Protocol traffic
Website Traffic
Visit Website

Website Rating (DR)

72 / 100

0.00%

Ahrefs Rank

75,758

2.32%

Organic Traffic (mo.)

9,498

16.07%

Ocean Protocol github
GitHub Organization
Visit GitHub

Public repos

Created at Aug 31, 2017

Type

Organization

Ocean Protocol github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Ocean Protocol (OCEAN) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 191,918

Members: 12,157


Live OCEAN Price Analysis

The current real time Ocean Protocol price is $0.9419, and its trading volume is $27,267,297 in the last 24 hours. OCEAN price has plummeted by 1.34% in the last day, and decreased by 9.21% in the last 7 days. It’s important to note that current Ocean Protocol market capitalization is $535,341,215, and the maximum supply is 1,410,000,000 OCEAN coins. Talking about circulating supply, OCEAN has 568,381,103 coins. Currently, Ocean Protocol rank on the market is #127.

Ocean Protocol price today is 51.48% below all time high, and it is 6,871.84% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling OCEAN are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Ocean Protocol?

The Ocean Protocol token, or OCEAN, is the utility token powering the Ocean Protocol. The latter is a data-based ecosystem built on top of the Ethereum blockchain.

OCEAN is based on the ERC-20 token standard. It mainly serves as a way to pay for data within the Ocean Protocol ecosystem.

Moreover, it enables users to sell data on the Ocean Protocol platform. In addition, it functions as a governance token that allows holders to manage the Ocean community funding.

There is a total supply of 1.41B (1,410,000,000) Ocean Protocol tokens. Since there is a limited supply of tokens, it's possible that the OCEAN price will grow as the asset becomes more scarce.

According to Ocean Protocol, it will take 50 years for all of these tokens to become a part of the circulating supply. They have been allocated as follows:

  • 60% - Keepers;
  • 20% - Co-Founders;
  • 15% - SAFTE Holders;
  • 5% - Ocean Protocol Foundation.

Just like the majority of cryptocurrencies out there, Ocean Protocol price experiences volatility. If you want to find out more about the current OCEAN price, check out the graph above.

What are the Main Features of Ocean Protocol?

Ocean Protocol is a data marketplace. It brings value to its users by providing a way to monetize data with the help of blockchain technologies. Thus, it enables a transparent and secure way to share data and earn rewards while maintaining full control over it. To put it simply, this means that only the owner of the data can modify, transfer, and publish the data.

In addition, data owners have complete control over data sharing parameters such as price, access, restrictions, and more.

There are 2 core roles within the ecosystem of Ocean Protocol:

  • Publishers, who provide the data and put it behind a crypto-based paywall. They use an ERC-720 token standard to store their data in an NFT format. Publishers receive payment for their data in the form of Ocean Protocol tokens.
  • Consumers, who buy access to the information provided by the publishers. This data comes in the form of a datatoken - an ERC-20 token linked to a unique piece of data. However, it’s crucial to keep in mind that datatokens are a type of license to access data but not the right of ownership over said data.

Anyone can become a publisher by publishing data services just like anyone can consume these data services via datatokens.

While any type of data can be stored on the Ocean Protocol, it’s especially useful for storing AI data.

Ocean Protocol brings a lot of value to data scientists and AI experts who need large amounts of data to continue with their research. As such, the platform provides access to unique data sets they wouldn’t have otherwise.

Data can be bought and sold on the official Ocean Marketplace. In addition, users can also design and build their own custom data marketplaces by forking the Ocean Marketplace code.

There are 5 types of fees within the Ocean Protocol ecosystem:

  • Publish Fee - charged to publishers only when they submit a new dataset;
  • Consume Fee or Order Fee  - charged to consumers whenever they access the data via their datatoken;
  • Swap Fee - charged to users who swap their datatokens for base tokens, and vice versa;
  • Provider Fee - charged for computing resources and paid out to the third-party running the Provider;
  • Community Fee - charged to all users during swaps and sent to the OceanDAO for reinvestments.

Please keep in mind that not all of these fees have been implemented into the platform yet.

As discussed in the What is Ocean Protocol section, the project is powered by the Ethereum network. Besides, it’s secured via a Proof-of-Work (PoW) consensus algorithm.

It’s important to note that, initially, the Ocean Protocol was operating via a sidechain based on a Proof-of-Authority (PoA) consensus mechanism. However, this method of achieving consensus was discarded as it threatened the Ethereum-compatibility of datatokens.

One of the main goals of the project is to help people to unlock the value of data through a unique data-sharing ecosystem.

Ocean Protocol supports these networks: Ethereum Mainnet, Polygon Mainnet, Binance Smart Chain, Energy Web Chain, Moonriver, Ropsten, Rinkeby, Mumbai, Moonbase, and Ganache.

Who Developed Ocean Protocol?

The Ocean Protocol crypto project was launched in 2017 via an Initial Coin Offering.

It’s a Singapore-based company co-founded by entrepreneurs Bruce Pon, Cristina Pon, and Trent McConaghy.

Bruce Pon received his education from the IMD Business School and the Massachusetts Institute of Technology. He is an accomplished project manager with years of experience at Daimler AG. Besides the Ocean Protocol, he also founded a consulting company - Avantalion Consulting Group AG, and a blockchain-based software company - BigchainDB.

There are 28 members within the core team of the project that is responsible for the development of the Ocean Protocol. Moreover, it receives irreplaceable feedback from more than 35 advisors from successful blockchain companies like CoinShares, Spherity, Atazzo, MOBI, and many more.

The Ocean Protocol crypto project is partnered up with various projects including Daimler, MOBI, DAC, Polygon, OpenDAO, 0Chain, and many others.

Before jumping into Ocean Protocol (or any crypto project), please make sure to do proper research. The graph above provides core statistics about the OCEAN price and other token details.

What's Ocean Protocol trading volume in the last 24 hours?

OCEAN has a trading volume of $27,267,297 in the last 24 hours.

What's Ocean Protocol highest price ever?

OCEAN has a highest price of $1.94, which was reached on Apr 10, 2021 (3 years 1 month ago).

What's Ocean Protocol lowest price ever?

OCEAN has a lowest price of $0.0135, which was reached on Aug 11, 2019 (4 years 9 months ago).

What are the best exchanges for buying and selling OCEAN?

Currently, the most active and dominating exchanges for buying and selling Ocean Protocol are Binance, Kraken & Kucoin. The most popular Ocean Protocol trading pairs are OCEAN/USDT (on Binance ), OCEAN/USDT (on Huobi Global ), OCEAN/USDT (on Gate.io ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping OCEAN?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Ocean Protocol. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Ocean Protocol project's Circulating Supply has been verified and is equal to:

Circulating Supply

568,381,103 OCEAN

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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