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BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%

Ocean Protocol

Ocean Protocol company profile covering its platform overview, features, team, and milestones.

Blockchain Network

Singaporeoceanprotocol.comFounded 2017

About

Ocean Protocol is a decentralized ecosystem centered on tokenized AI models and data monetization, with emphasis on privacy protection. Through its AI-driven ecosystem, the protocol provides services for building, exploration, learning, and earning through various decentralized technologies. These include Ocean Nodes, Predictoor, Data NFTs, Datatokens, and Compute-to-Data. The Ocean Protocol has been centered on decentralized AI and decentralized architecture, with a focus on privacy protection and secure computational access. It has also been providing various tools for developers, data scientists, node operators, and AI communities. Key Features of Ocean Protocol: • Ocean Nodes facilitates the development, training, and monetization of AI models using a secure platform that is suitable for GPU and CPU architectures. • Predictoor facilitates the use of prediction bots and trading bots running on AI on crypto price feeds, with rewards being made available. • Data NFT employs a highly advanced version of the ERC721 token technology, along with the use of ERC725y characteristics, to ensure intellectual property rights management as well as access control to digital assets and data environments. • Datatokens employ a permissioning system based on ERC20 tokens, which facilitate access to the Data NFTs through customized pricing, whitelisting, and expiration. • Compute-to-Data allows algorithms and machine learning models to execute directly on private data while ensuring that the data is not moved. • Privacy architecture facilitates data management through encrypted storage, access controls, and encryption/decryption. Ocean Protocol Milestones: Year Key Achievements 2017 Ocean Protocol was founded by Trent McConaghy, Bruce Pon, and Chirdeep Singh to build a decentralized Web3 data economy. 2018 Raised approximately $21 million through its Initial Coin Offering (ICO). 2019 Launched Pacific Mainnet (V1) and secured enterprise data-sharing partnerships, including Daimler AG (Mercedes-Benz). 2020 Released Compute-to-Data (V2) for secure algorithm execution on private data. Launched Ocean Market (V3) with Datatokens and automated market maker data pools. 2022 Released OceanONDA (V4) with multi-token staking and upgraded NFT infrastructure. 2023 Introduced Predictoor for on-chain AI-powered predictions and real-time data feeds. 2024 Announced the ASI Alliance alongside Fetch.ai and SingularityNET. Started the OCEAN-to-FET token merger at a fixed conversion rate. Launched Ocean Nodes Phase 1 with over 1.4 million installs across 70+ countries. 2025 Expanded AI compute infrastructure through partnerships with Aethir and NetMind AI. Officially exited the ASI Alliance and restored the independence of the $OCEAN token. Released Ocean Nodes Phase 2 and launched the Annotators Hub for community data verification.

FAQs

  • Ocean Protocol is a decentralized ecosystem for AI and data, which revolves around tokenized AI, data monetization, privacy-preserving technologies, and decentralized compute.