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Ocean Protocol is a decentralized data exchange protocol that unlocks data for AI.
Status
Upcoming
Raised
22,100,000 USD
Soft cap
Hard cap
11,000,000 USD
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Ocean Protocol | Decentralized Data Economy | BlockchainBrad | Unlock Data for AI

BlockchainBrad catches up with Bruce Pon & Trent McConaghy, co-founders of Ocean Protocol, for a detailed FREE crypto interview. Ocean Protocol is a Decentralized Data Exchange Protocol designed to Unlock Data for AI. Ocean Protocol is kickstarting a decentralised Data Economy by breaking down data silos and equalising access to data for all. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ►Join The BCB Tele https://t.me/BlockchainBradCommunity ► Follow on twitter: https://twitter.com/Brad_Laurie ► Join BlockVera on twitter: @BlockVera ► Check out BlockVera on youtube: https://www.youtube.com/watch?v=Af4pD... ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Ocean Protocol is a tokenized service layer that exposes data, storage, compute and algorithms for consumption with a set of deterministic proofs on availability and integrity that serve as verifiable service agreements. There is staking on services to signal quality, reputation and ward against Sybil Attacks. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Timecodes: 01:02 What do you stand for? What's Ocean all about? 02:15 How do you unlock the data in the context of AI? 03:57 Discussing Token Supply 04:26 What were the core problems that inspired you? 05:56 How do we ensure the quality of the data? 07:00 Why do we need to have this decentralized data solution? 09:54 About the core components 11:30 About the orchestration model 13:21 About permission and permissionless systems 16:50 About privacy and data sharing 19:11 About the agnostic protocol 20:30 About the acronyms: SaaS & their position in the tech stack 26:15 How authentically open source is the technology so far? 27:05 About the Service Execution Agreement (SEAs) 28:10 About applications in enterprises or other sectors 34:45 About AI 36:32 What’s the plan to incentivise the consumers of the ecosystem? 38:19 About the token model and token economic modelling 40:17 About the Ocean Marketplace 44:05 Can you talk us through how organized you are with regards to explaining how you essentially charge for the services that you offer? 46:00 About the concerns that team has 51:30 About the strength of the team 54:20 About Ocean’s advisors 56:09 The value that these advisors have brought. 59::35 About pricing and about fungible and non-fungible data 01:02:04 About the transparency of the process of the pricing model 01:04:38 About the tokenized service layer 01:12:40 About the risk of dumping and manipulation 01:15:17 Why are we seeing this unusual movements in the marketplace because of listings on new exchanges? 01:17:15 About the runway 01:20:30 more about token economic modelling 01:22:00 About coinbase and other exchanges 01:23:37 Are you concerned right now there is just a lot of shitcoins? 01:25:43 Final statement and thanks. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Ocean helps to unlock data, particularly for AI. It is designed for scale and uses blockchain technology that allows data to be shared and sold in a safe, secure and transparent manner. The main actors in Ocean Protocol are data providers, data consumers, data marketplaces, service providers and network keepers. Data providers offer data. Data consumers obtain data for their own use. Data marketplaces connect data producers and data consumers. Service providers provision computation, storage and algorithms for sale. Network keepers support Ocean’s protocol by running nodes within the network. Please refer to our Marketplace Framework for more details. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● PAYMENT/DONATION DISCLOSURE: This interview was entirely, 100% free from both me & BlockVera. In every way, no tokens, no under the table deals. I believe that sponsored content is not a problem if disclosed openly to the community. This is not Financial Advice. Please #DYOR ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● INVESTMENT DISCLOSURE: I have not invested in Ocean Protocol. This is not Financial Advice. #DYOR always. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● BlockVera General Disclaimer: This BlockVera Episode was entirely free. BlockVera is about providing more #Truth, #Trust and #Transparency in the Crypto Space. We will be bringing to you several free and unsponsored pieces of content on the BV platform, however to sustain our presence, we will also be doing some sponsored pieces & interviews too. BlockVera will always disclose sponsored content. This interview is not sponsored in any way. BlockVera shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained from this website or directly from the website owner. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● #oceanprotocol #ownyourdata #blockchaindata #dataeconomy #BlockchainBrad
Blockchain Brad

Ocean Protocol Launches Global Data Economy Challenge With 3.4 Million Token Reward

Bitcoin Press Release: Decentralized protocol for data sharing, Ocean Protocol, has announced the launch of its Global Data Economy Challenge to bring together top minds worldwide to kick-start a new data economy.  22nd August 2019, Singapore – The 6-week competition calls for developers, hackers, tech talents to tackle issues around data marketplaces, network integrations, and more. 3.4 million tokens prizes await and participating teams are to produce a working Proof-of-Concept (POC) on Ocean Protocol under one of the following 3 tracks:  Data Marketplaces — kickstart the New Data Economy through building data marketplaces to connect data providers and consumers and expose data, storage, compute and algorithms for consumption.  Network Integrations — Use Ocean Protocol to help Data Scientists and unlock value from data. Whether for straight statistical analysis, machine learning modeling or visualization, a strong set of data science tools and services is essential to derive practical solutions for pressing industry and social problems. Wild Card Submissions — Fill in the blanks and boost Ocean Protocol and its ecosystem to the next level and show to the world what can be built on Ocean to contribute to a new data economy. Each track will have a total of 768,000 OCEAN tokens in prizes for the top 3 submissions.  1st Place Winners in each track will receive 333,000 OCEAN tokens 2nd Place Winners in each track will receive 270,000 OCEAN tokens 3rd Place Winners in each track will receive 165,000 OCEAN tokens Additionally, there will be prizes given for speedy submissions, entries using data found on the Ocean Data Commons, and more.  Data is everywhere, yet today data and AI are disjointed and only a few companies with both a massive amount of data and AI expertise are able to harness data to deliver powerful business value. In order to change this and to equalize access to data, Ocean Protocol brings together blockchain technology, smart contracts, tokens, a data sharing framework, and an ecosystem for data and related services to kick-starting a new Data Economy that touches every single person, company and device. “This journey cannot be completed by one organization or team. This is a journey for everyone.” said Trent McConaghy, Founder of Ocean Protocol.  The Global Data Economy Challenge is a first step towards bringing together an ecosystem for a New Data Economy that gives power back to data owners and enables people to reap value from data to better our world.  “We are thrilled to be launching this meaningful global challenge to kickstart the data ecosystem on Ocean Protocol. We’ve always envisioned Ocean to be the base layer for data innovation. This is in line with Ocean’s mission to can equalize access to data and spread the benefit of data and AI to all.  There is no better time to start this new movement and we are calling developers, hackers around the world to build this new open data economy together with us.” McConaghy added. Registry for the competition is now open and submission starts on September 16. To better understand Ocean Protocol’s technology, interested parties can review the Ocean Documentation and GitHub Repositories.  For more detail about the Global Data Economy Challenge, see https://oceanprotocol.com/challenge Join the Challenge chat on Discord to meet and chat with participants!  Follow the Challenge on Twitter and LinkedIn.  Visit oceanprotocol.com to learn more about Ocean Protocol. Visit docs.oceanprotocol.com to learn about the components of the Ocean Protocol software stack and how to use them. Visit datascience.oceanprotocol.com to learn about the JupyterLab instance. About Ocean Protocol  Ocean Protocol is a decentralized data exchange protocol to unlock data for AI. Through blockchain technology, smart contracts, and tokens, Ocean Protocol connects data providers and consumers, allowing data to be shared while guaranteeing traceability, transparency, and trust for all stakeholders involved. It allows data owners to give value to and have control over their data assets without being locked-in to any single marketplace. By bringing together decentralized blockchain technology, a data sharing framework, and an ecosystem for data and related services, Ocean Protocol is committed to kick-starting a new Data Economy that touches every single person, company and device, giving power back to data owners, enabling people to reap value from data to better our world. Ocean Protocol is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value or any value at all. Disclosure: This is a sponsored press release The post Ocean Protocol Launches Global Data Economy Challenge With 3.4 Million Token Reward appeared first on NullTX.
NullTX

Ocean Protocol Launches Global Data Economy Challenge With 3.4 Million Token Reward

Coinspeaker Ocean Protocol Launches Global Data Economy Challenge With 3.4 Million Token RewardThe 6-week competition calls for developers, hackers, tech talents to tackle issues around data marketplaces, network integrations, and more. 3.4 million tokens prizes await and participating teams are to produce a working Proof-of-Concept (POC) on Ocean Protocol under one of the following 3 tracks:Data Marketplaces — kickstart the New Data Economy through building data marketplaces to connect data providers and consumers and expose data, storage, compute and algorithms for consumption.Network Integrations — Use Ocean Protocol to help Data Scientists and unlock value from data. Whether for straight statistical analysis, machine learning modeling or visualization, a strong set of data science tools and services is essential to derive practical solutions for pressing industry and social problems.Wild Card Submissions — Fill in the blanks and boost Ocean Protocol and its ecosystem to the next level and show to the world what can be built on Ocean to contribute to a new data economy.Each track will have a total of 768,000 OCEAN tokens in prizes for the top 3 submissions.1st Place Winners in each track will receive 333,000 OCEAN tokens2nd Place Winners in each track will receive 270,000 OCEAN tokens3rd Place Winners in each track will receive 165,000 OCEAN tokensAdditionally, there will be prizes given for speedy submissions, entries using data found on the Ocean Data Commons, and more.Data is everywhere, yet today data and AI are disjointed and only a few companies with both a massive amount of data and AI expertise are able to harness data to deliver powerful business value. In order to change this and to equalize access to data, Ocean Protocol brings together blockchain technology, smart contracts, tokens, a data sharing framework, and an ecosystem for data and related services to kick-starting a new Data Economy that touches every single person, company and device.Trent McConaghy, Founder of Ocean Protocol, said:“This journey cannot be completed by one organization or team. This is a journey for everyone.”The Global Data Economy Challenge is a first step towards bringing together an ecosystem for a New Data Economy that gives power back to data owners and enables people to reap value from data to better our world.McConaghy added:“We are thrilled to be launching this meaningful global challenge to kickstart the data ecosystem on Ocean Protocol. We’ve always envisioned Ocean to be the base layer for data innovation. This is in line with Ocean’s mission to equalize access to data and spread the benefit of data and AI to all.  There is no better time to start this new movement and we are calling developers, hackers around the world to build this new open data economy together with us.”Registry for the competition is now open and submission starts on September 16. To better understand Ocean Protocol’s technology, interested parties can review the Ocean Documentation and GitHub Repositories.About Ocean ProtocolOcean Protocol is a decentralized data exchange protocol to unlock data for AI. Through blockchain technology, smart contracts, and tokens, Ocean Protocol connects data providers and consumers, allowing data to be shared while guaranteeing traceability, transparency, and trust for all stakeholders involved. It allows data owners to give value to and have control over their data assets without being locked-in to any single marketplace.By bringing together decentralized blockchain technology, a data sharing framework, and an ecosystem for data and related services, Ocean Protocol is committed to kick-starting a new Data Economy that touches every single person, company and device, giving power back to data owners, enabling people to reap value from data to better our world.Ocean Protocol Launches Global Data Economy Challenge With 3.4 Million Token Reward
Coinspeaker

Ocean Protocol Boosts the Global Data Economy with Millions of Tokens

In order to once and for all tackle the menace facing the global data marketplace, such as network integration and a host of other tech-related issues, Ocean Protocol is setting up a 6-week challenge, that will see a host of hackers, developers, tech talents and enthusiasts come together for the greater good of the industry, and with a token reward of 3.4 million awaiting the participating teams. To win the prize, the teams have to produce a working proof-of-concept on Ocean Protocol, under one of the following 3 tracks: Wild Card Submission: Ability to fill in the blanks and boost the Ocean Protocol and its ecosystem to the next level and to highlight what can be built on the Ocean, which will contribute to a new data economy. Data Marketplace: The team will have to prove they can help to kick-start a new data economy through the building of a robust data marketplace, which can help to connect data providers and consumers and also expose data, storage, compute and algorithm for consumption Network Integration: This track involves using Ocean Protocol to help data scientists and unlock value from data. It might be whether for straight statistical analysis, machine learning modeling or visualization, a strong set of data science tools and services. This is essential because it’s important to find a practical solution for pressing industry and social related problems. Although all participants are highly valued and appreciated, the reward will be split into three, with prizes going out to teams with the best three submissions. The first-place winners in each track will receive 333,000 OCEAN tokens, while the second place will receive 270,000 OCEAN tokens, while also rewarding the third-place winners with 165,000 OCEAN Tokens. Consolations prizes will also be available for teams with the fastest submissions, entries using data found on the Ocean Data Commons, and more. Although data is accessible to everybody, the dichotomy in the data and AI relations is causing a lot of tension, leaving only a handful of companies with a massive amount of data and expertise to be able to harness data to deliver powerful business value.  In a bid to change the narrative and disrupt the status quo, OCEAN protocol brings together blockchain technology, smart contracts, tokens, a data sharing framework, and an ecosystem for data-related services to kick-start a new data ecosystem that touches every single person, company and device. Commenting on the challenge, the founder of Ocean Protocol, Trent McConaghy stated that: ‘’ This journey cannot be completed by one organization or team; this is a journey for everyone.’’ The Ocean Global Economy Data challenge is the first step in the process of giving power back to data owners and also to enable people to reap value from data to better our world. Interested participants are encouraged to register, as the registration is now open and submission starts September 16. For more detail about Global Data Economy Challenge, see: https://oceanprotocol.com/challenge Visit www.oceanprotocol.com to learn more about Ocean Protocol Visit www.docs.oceanprotocol.com  to learn about the components of the Ocean Protocol software stack and how to use them Visit www.datascience.oceanprotocol.com  to learn about the JupyterLab instance. The post Ocean Protocol Boosts the Global Data Economy with Millions of Tokens appeared first on ZyCrypto.
ZyCrypto

IEOs are unsustainable, but for now Binance is outperforming the competition

Initial Exchange Offerings (IEOs), token fundraising events administered by an exchange, have become a theme of 2019 — just as ICOs became a theme of 2017. In contrast to ICOs, projects that have an IEO sell a relatively small portion of the supply (<10%) and had a hard cap of less than $10 million. In theory, projects that sell tokens directly on exchanges should have higher quality since they have to pass the exchange’s due diligence. Binance popularized the concept with Binance Launchpad early this year; since then, there have been approximately 180 projects that raised funds through an IEO. At least 40 exchanges have facilitated at least one IEO, according to The Block’s research. Four little known exchanges (ProBit, Coineal, Bitforex, and Exmarkets) that are attempting to capitalize on the trend have facilitated 45% of all the IEOs. But the vast majority of IEOs on these exchanges are low quality and there is also very little data available. The Block has decided to analyze all the projects that had an IEO on the more legitimate exchanges with a proven track record — Binance, Bitfinex, Bittrex, OKEx, Huobi, and KuCoin. These exchanges have had 28 IEOs combined, out of which 18 (~64%) have had a positive return in terms of USD. The best performing project, to date, has been BitTorrent — the project that started it all. The worts performing project is currently Ocean Protocol that was launched on Bittrex.  Perhaps a more indicative metric is a return in terms of bitcoin, which shows the projects that have outperformed or underperform bitcoin since having an IEO. Only 12 projects, less than half, have outperformed bitcoin. Elrond has the highest return (447%) in terms of BTC while Ocean Protocol scores last again. IEOs’ largest appeal is its speculative nature. The all-time high return of 12 projects had been higher than 500%. That means that if the investors sold at the all-time high price, 12 projects would generate them at least six times the amount of capital that they put in within just a few months. But because most of the investors buy the tokens just to sell them for a higher price a few months later, the price is never sustained. About 75% of projects have lost 50% of value since their all-time high and 39% of projects lost more than 75% of value since ATH. Moreover, there appears to be a relationship between the price change since the all-time high and the number of days since the IEO took place. The more days it has been since the IEO, the higher the price crash since ATH has been. This is just another indication that the price is not sustained long term.  As The Block predicted in April, Binance’s IEO success is hard for other exchanges to replicate. Binance is in the best position to facilitate token sales because it of its access to the largest retail userbase and it can, therefore, be more selective with projects than other exchanges.  The data shows that Binance has, by far, the highest average USD return on IEOs across the examined exchanges. Bittrex, on the other hand, has the lowest (and negative) USD return. The average return of IEOs in 2019 by the facilitating exchange But the data also shows that IEO tokens can’t sustain value over the long term. The most rational strategy to maximize profits would, therefore, be to invest in IEOs facilitated by the most successful exchanges (Binance and perhaps OKEx and Huobi) and to not hold over the long term. The full table of all IEOs facilitated on these exchanges can be seen below:
The Block Crypto

Ocean Protocol Reaches Next Milestone and Releases Live Pacific Network

Singapore, July 2019 – This is a significant milestone after the company’s launch of its Beta version back in April this year. The Pacific Network is now available for developers to build on with Ocean Tokens as a means for real value exchange. In order to ensure performance for data scientists, Pacific will have smart contract deployments on Ocean’s own PoA (Proof of Authority) network. The PoA network will offer full functionality with a reference commons marketplace infrastructure, where users can discover, upload, and use datasets. In addition, the 690 million Ocean Tokens currently circulating on the Ethereum mainnet can be bridged over to the Pacific PoA network for use. Trent McConaghy, founder of Ocean Protocol said “A lot of hard work and research has been put into the release of this live network. Pacific marks the start of the new data economy with real value being exchanged on the network via the Ocean Tokens. We are excited to share this milestone with the public.” said Trent McConaghy, founder of Ocean Protocol. With the token bridge, Pacific can be seen as an Ethereum sidechain. This aligns Ocean with its “multi-chain” vision of the blockchain ecosystem.” Ocean’s next focus will be to continue to stabilize the network, onboard node operators, and bring compute to data so that algorithms and models can travel to the data, get trained and leave without exposing the data or taking a copy, thereby retaining privacy and ensuring regulatory compliance. Ocean Protocol enables safe and secure sharing of data, guaranteeing control and auditability while protecting privacy. The technology allows organizations and individuals to set prices and trade data without losing control of their data assets. Smart contracts allow data owners to program the conditions of access, which are then executed with precision. This gives data owners and buyers transparency, security, and guarantees of payment and use. By removing the friction around data sharing, data can be unlocked to advance AI and solve industry and societal problems. Bruce Pon, founder of Ocean Protocol said “Our role is to ensure we have a solid foundation and environment for a data ecosystem to thrive. To kickstart the new data economy, we have forged multiple partnerships with startups and enterprises to demonstrate use cases. We want Ocean to be a fertile ground for data innovation and a prosperous environment for data marketplaces and related services to operate in and integrate with. We call for developers and the data community to explore Ocean and build a new and open data economy together with us.” said Bruce Pon, founder of Ocean Protocol. About Ocean Protocol  Ocean Protocol is a decentralized data exchange protocol to unlock data for AI. Through blockchain technology, smart contracts, and tokens, Ocean Protocol connects data providers and consumers, allowing data to be shared while guaranteeing traceability, transparency, and trust for all stakeholders involved. It allows data owners to give value to and have control over their data assets without being locked-in to any single marketplace. By bringing together decentralized blockchain technology, a data sharing framework, and an ecosystem for data and related services, Ocean Protocol is committed to kick-starting a new Data Economy that touches every single person, company and device, giving power back to data owners, enabling people to reap value from data to better our world Visit datascience.oceanprotocol.com to learn about the JupyterLab instance. Visit docs.oceanprotocol.com to learn about the components of the Ocean Protocol software stack and how to use them. Visit the Website: oceanprotocol.com Join the Telegram: https://t.me/OceanProtocol_Community Follow on Twitter: https://twitter.com/oceanprotocol Read the Latest News: https://blog.oceanprotocol.com/?gi=3697f344e682 Meet the Team: https://www.linkedin.com/company/ocean-protocol/ Subscribe on Youtube:https://www.youtube.com/channel/UCH8TXwmWWAE9TZO0yTBHB3A Media Contact: Name: Patty Lee Email: Patty@oceanprotocol.com Ocean Protocol is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with high risk tolerance. Only participate in a token event with what you can afford to lose.. Disclosure: This is a sponsored press release The post Ocean Protocol Reaches Next Milestone and Releases Live Pacific Network appeared first on NullTX.
NullTX

Ocean Protocol Launches Live Pacific Network

Ocean Protocol, a blockchain project that supports secure and privacy-preserving data sharing, while also providing a substrate for data marketplace to build on to unlock data for artificial intelligence, has announced the launch of its Pacific Network. Building upon the successful launch of its beta version earlier in April this year, Ocean Protocol has now made the Pacific Network available for devs across the globe to build on with Ocean Token, as the native crypto asset. Notably, Pacific will support smart contract deployments on Ocean’s Proof-of-Authority (PoA) network, to make life easier for data scientists. The PoA network offers complete functionality with a reference commons market infrastructure which allows users to discover, upload and use datasets. The platform also makes it possible to bridge the 690 million Ocean tokens in circulation to the Pacific PoA network for use. Founder of Ocean Protocol, Trent McConaghy reiterated that: “A lot of hard work and research has been put into the release of this live network. Pacific marks the start of the new data economy with real value being exchanged on the network via Ocean Tokens.” With the launch of the Pacific Network, Ocean’s next aim is to attract node operators and bring compute data that will enable algorithms and models to travel to the set data, get trained and leave without necessarily exposing the data or keeping a copy. This way, data privacy is excellently maintained, ensuring regulatory compliance. Ocean Protocol also supports safe and secure data sharing, guaranteeing control and auditability while also protecting privacy. The system makes it possible for users to set prices and trade data seamlessly without losing control of their datasets. The smart contracts on Ocean Protocol allow data owners to set the conditions of access, which are then carried out accurately. This ensures transparency and security and guarantees of payment and use. “Our role is to ensure we have a solid foundation and environment for data ecosystem to thrive. To kickstart the new data economy, we have forged multiple partnerships with startups and enterprises to demonstrate use cases,” said Bruce Pon, founder of Ocean Protocol.  About Ocean Protocol Ocean Protocol is a decentralized data exchange that unlocks data for AI and it connects data providers and consumers through blockchain tech and smart contracts. The platform allows data owners to give value to value and have absolute control over their data assets without being limited to a single marketplace. Website: https://oceanprotocol.com  Telegram: https://t.me/OceanProtocol_Community  Twitter: https://twitter.com/oceanprotocol  Email: patty@oceanprotocol.com The post Ocean Protocol Launches Live Pacific Network appeared first on ZyCrypto.
ZyCrypto

Live: Ocean Protocol’s OCEAN Token Now Trading on Bittrex

Coinspeaker Live: Ocean Protocol’s OCEAN Token Now Trading on BittrexOcean Protocol, a decentralized data exchange platform, is on its way to taking down silos that lock up data globally. Data centers are currently lacking the possibility to utilize the true potential of the data they store, and thus, organizations around the world cannot access it and take advantage of a wide range of marketplaces and services that could benefit their businesses greatly. Ocean Protocol is right here to change this situation for the better by connecting data generators and buyers to unlock the data economy.The platform has its native token, the OCEAN, which, according to the latest news, is already trading on Bittrex International, a global digital asset trading platform developed for international customers and built on Bittrex’s cutting-edge technology. Following the successful launch of the platform’s Initial Exchange Offering, that kicked off on 30th of April, the OCEAN token has been listed on the exchange as of 3rd May.  Bittrex users, who have acquired the tokens during the IEO, can start trading right now, as the token was unlocked 2 hours after the closing of the IEO, which raised over $6,000,000.Ocean Protocol is designed to bring together decentralized technology, a trust framework, and an ecosystem for data and related services. This creates a new data economy that allows for safe and secure data sharing without any physical borders. The platform guarantees traceability, transparency, and privacy, thus, enabling data owners to maintain control of their data assets and access a wide range of marketplaces and services. It even allows for the connecting of AI for true unleashing  of billions of dollars worth of value stuck in the current data economy.With the native OCEAN token, Ocean Protocol will allow the monetization of data and related services users could offer. All data transfers, processing and marketplaces built on top of the platform will allow exchange of monetary value through the OCEAN token.Bruce Pon, the founder of Ocean Protocol was excited about the backers that took part in various rounds and said:“It is rewarding to see the community get behind our vision for a new Data Economy and believing in Ocean Protocol. We are grateful to the 8,000 supporters from all our fundraising rounds who backed the project.”The Ocean Protocol has already collaborated with some notable startups that are connected with the platform, showcasing users and other potential backers that the platform is privacy safe and secure. Aviva and ConnectedLife are in the list of firms that are using AI and advanced analytics on smart home devices’ data to help create a more better environment for the aged, helping them live a comfortable independent life in their advanced stage. Next Billion allows rural merchants to share their sales data and get rewarded. Roche Diagnostics is working on how to care of patients in blood thinning therapy.The most impactful use is between AI Singapore and Ocean Protocol itself. Both organizations are joining hands to allow AIs and their owners to conduct next generation of data research, eventually bringing it into practical use. As Ocean Protocol grows, it will continue to offer more and more features, as Pon says:“The Ocean Protocol team will continue to deliver software and network updates over the next two years, with five phases planned, each providing more sophisticated features, incentives and enhanced performance”.Bittrex International is an asset trading platform that leverages the experience and advanced technology employed by Bittrex. Bittrex International, with its mission to be the leader in blockchain adoption worldwide, is an EU and Maltese regulation compliant platform that is built according to the rules set in the Malta Virtual Financial Assets Act. The international platform intends to become a regulated Virtual Financial Asset exchange under the guidance set by the Malta Financial Services Authority.Live: Ocean Protocol’s OCEAN Token Now Trading on Bittrex
Coinspeaker

IEO’s Nightmare: Ocean Protocol Lost 80% Following Its IEO On Bittrex

With the ICO era gone and Initial Exchange Offerings (IEOs) in the spotlight, many believe that the new fundraising model will help curb fraud while helping promising blockchain-related projects raise funds through token sales on cryptocurrency exchanges and at the same time, rewarding investors with significant profits. So far, several big exchanges, including Binance, OKex, and Houbi, have successfully organized IEOs for different blockchain projects, and the results were impressive: Both for the projects and the investors. While IEOs offer many benefits over ICOs, mainly because trusted exchanges organize them, this model is not flawless, just as we have seen in the case of Ocean Protocol, a blockchain data sharing platform. On April 30, 2019, leading crypto exchange, Bittrex, initiated an IEO token sale for Ocean Protocol. The project, which offered 56.4 million OCEAN tokens for sale for $0.12 per token, was able to raise $6 million at the end of the IEO. 100% Raised, 80% Dumped Upon the completion of the token sale which lasted for three days, the cryptocurrency was listed on Bittrex for trading on May 3rd.  Everything looked good until the price discovery. The token has lost about 80% of its IEO price since it started trading on Bittrex exchange. This quick dump will no doubt haunt long term investors as they may likely begin to regret buying the token. Ocean Protocol on Bittrex. 5 min chart However, the price of project-based tokens (IEO in this case) falling soon after they are listed is not new in the industry – it happened with most token sales in the past. Although there are many reasons responsible for it, the primary factor is that too many investors go for “short” even when it is a long term project, and this tends to keep the price down for some time. Ocean Protocol (OCEAN) price for the trading day is $0.03 with a daily volume of  $1,510,399 across all exchanges. The post IEO’s Nightmare: Ocean Protocol Lost 80% Following Its IEO On Bittrex appeared first on CryptoPotato.
CryptoPotato

Ocean Protocol Token [OCEAN] Now Trading on Bittrex International Digital Asset Platform

History was made on April 30, 2019, as Ocean Protocol token (OCEAN) IEO sold out 70% of its Ocean Token in under 5 minutes, with 56.4 million Ocean up on offer and grossing close to 7 million dollars. The token will begin trading on Bittrex International on May 03 at 19:00 CEST/17:00 UTC and the token will be unlocked exactly two hours before listing on Bittrex International. The Ocean Protocol, which is the first blockchain-based platform for safe borderless and private preserving data sharing is set to revolutionize how data is shared and also give privacy and autonomy utmost priority. Safe and Secure Means of Sharing Data Secure data sharing is one of the problems facing the average data user, medium organization and also big enterprises. The objective of Ocean is to provide the individuals and corporate bodies a safe and secure means to share data so that the silos can be broken down to unlock the billions and trillions of dollars worth of data and the Artificial Intelligence economy. Transparency and accountability are also critical issues plaguing the data sharing and Ocean Protocol is determined to face the problem through the introduction of blockchain technology into the system. Ocean Protocol tends to connect data providers and consumers, thereby allowing data to be shared while guaranteeing a level of transparency, traceability and most importantly trust for all the stakeholders involved in the process. Ocean Protocol is giving the data owner the freedom and choice they much desire, as it allows data owners to provide value to and have essential control over their data without being locked-in to any single market place. The data sharing platform is also committed to kick-starting a new Data economy by bringing together decentralized blockchain, and a data sharing framework for data related services. Mission and Vision The vision of the ocean protocol is to be the platform that gave power back to the owner while working towards a transparent data sharing process. The OCEAN token is the native digital currency that will be used in the Ocean protocol network. OCEAN will fuel data exchanges and services rendered in the ecosystem. Commenting on the success of the IEO, the founder of Ocean Protocol Bruce Pon stated that: ‘’We are excited to have met our target, we can now focus on building and ensuring that we continue to deliver our promises to our community and to kickstart a new Data Economy.” To prove its mettle as a leader in the emerging data industry, Ocean protocol teamed up with startups and established firms to demonstrate that the safe sharing of data can boost both the small and the big establishments. Aviva and Connected life are applying data analytics and artificial intelligence on smart home data to help the ageing population live a sound and happy life,while firms like Roche Diagnostics is helping patients on blood thinning therapy. Ocean protocol is bent on touching all facet of life by partnering with the academic industry,marketing and sales and other meaningful endeavors.l More on Ocean Protocol Ocean Protocol is a data sharing platform that provides data owners with the right to determine who they share the data with. The platform ensures transparency, traceability, and trust for all stakeholders involved. Ocean Protocol is determining to give power back to data owners who have been deprived of the power for so long. More on Bittrex International Bittrex international operates a secure, reliable and advanced digital asset exchange. The mission of the company is to be a driving force in the blockchain revolution, increasing adoption of this innovative technology around the world. Learn more at – http://International.Bittrex.com. Visit the website- www.oceanprotocol.com Follow on twitter- https://twitter.com/oceanprotocol Chat on telegram- https://t.me/joinchat/GUyxrE0Hhi154D0NrIOqLFg Check out the ocean blog- https://blog.oceanprotocol.com/ Connect via Linkedin- https://www.likedin.com/company/13429589/ Media- Patty Lee Email: patty@oceanprotocol.com The post Ocean Protocol Token [OCEAN] Now Trading on Bittrex International Digital Asset Platform appeared first on ZyCrypto.
ZyCrypto

Ocean Protocol Token OCEAN Trades on Bittrex International Today

Bitcoin Press Release: OCEAN Token, the native digital currency of the Ocean Protocol network, begins trading on Bittrex International today after raising $6 million in an IEO May 3rd 2019, Singapore – Ocean Protocol (CURRENCY: OCEAN) will begin trading on Bittrex International today (May 3) at 19:00 CEST / 17:00 UTC. The Initial Exchange Offering (IEO) started on April 30 with 56.4 million tokens up on offer. The IEO will end today 18:00 CEST / 16:00 UTC. OCEAN tokens will be unlocked two hours before listing on Bittrex International. Ocean Protocol is the world’s first general purpose data sharing platform The post Ocean Protocol Token OCEAN Trades on Bittrex International Today appeared first on CCN
CCN

Ocean Protocol Token OCEAN Trades on Bittrex International Today

Coinspeaker Ocean Protocol Token OCEAN Trades on Bittrex International TodayOcean Protocol (CURRENCY: OCEAN) will begin trading on Bittrex International today (May 3) at 19:00 CEST / 17:00 UTC. The Initial Exchange Offering (IEO) started on April 30 with 56.4 million tokens up on offer. The IEO will end today 18:00 CEST / 16:00 UTC. OCEAN tokens will be unlocked two hours before listing on Bittrex International.Ocean Protocol is the world’s first general purpose data sharing platform powered by blockchain technology with a mission to provide safe, privacy-preserving and borderless data sharing to unlock the Data Economy. It is a decentralized platform that enables anyone to build data services, AI services and marketplaces on top, connecting individuals, industries, startups, governments, academia, and data and AI experts.The Ocean VisionOCEAN Token is the native digital currency that will be used in the Ocean Protocol network and ecosystem. All data exchanges and services rendered in the ecosystem will be processed, transacted with, or fueled by OCEAN.Bruce Pon, founder of Ocean Protocol, said:“It is rewarding to see the community get behind our vision for a new Data Economy and believing in Ocean Protocol. We are grateful to the 8,000 supporters from all our fundraising rounds who backed the project.”“The Ocean Protocol team will continue to deliver software and network updates over the next two years, with five phases planned, each providing more sophisticated features, incentives and enhanced performance.”To support and start this new data economy, Ocean Protocol has partnered with industry incumbents and startups to demonstrate how the safe sharing of data can help advance industries and improve people’s well-being. In the Insurance sector, Aviva and ConnectedLife are applying data analytics and artificial intelligence on smart home data to enhance the protection and care for the ageing population and support independent living; while in Healthcare, Roche Diagnostics is exploring ways to improve care for patients on blood-thinning therapy.In Retail, Next Billion is piloting a new data sharing model that rewards rural store owners for contributing sales data. In the academic space, Ocean Protocol is collaborating with AI Singapore to drive innovative programmes that empower AI talents to conduct advanced research and bring it to practice.To register a Bittrex International account, go to https://international.bittrex.comAbout Ocean ProtocolOcean Protocol is a decentralized data exchange protocol to unlock data for AI. Through blockchain technology, smart contracts, and tokens, Ocean Protocol connects data providers and consumers, allowing data to be shared while guaranteeing traceability, transparency, and trust for all stakeholders involved. It allows data owners to give value to and have control over their data assets without being locked-in to any single marketplace.By bringing together decentralized blockchain technology, a data sharing framework, and an ecosystem for data and related services, Ocean Protocol is committed to kick-starting a new Data Economy that touches every single person, company and device, giving power back to data owners, enabling people to reap value from data to better our world. Visit oceanprotocol.com to find out more.About Bittrex InternationalBittrex International operates a secure, reliable and advanced digital asset platform built on Bittrex’s cutting-edge trading technology. Our mission is to be a driving force in the blockchain revolution, increasing adoption of this innovative technology around the world.This international trading platform operates within the regulatory framework established by the European Union and Maltese Government, including the Malta Virtual Financial Assets Act. The company will apply to the Malta Financial Services Authority to become a regulated Virtual Financial Asset exchange.Ocean Protocol Token OCEAN Trades on Bittrex International Today
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Token Swap: Tether Announces Token Burn Of Over 400 Million USDT

Tether has shared a piece of information about a forthcoming token burn which according to announcement would take place shortly. According to a tweet from their official Twitter handle, Tether plans to shortly move 400 million Tether USDt as part of its Omni authorized but not issue pool to the issuance address in order to burn/revoke them. Tether will shortly move 400m Tether USDt as part of its Omni authorized but not issue pool to the issuance address in order to burn/revoke them. — Tether (@Tether_to) September 16, 2019 Tether Minted 300 million USDT Few Days Ago Few days ago, Tether took to Twitter to inform its users that it was coordinating with a third party to perform a chain swap. This was planned in order to convert some tokens from their original Omni to an Erc 20 protocol. At the time of the initial announcement, 300 million Tether USDt was announced to have been minted for the swap. However, these conversions took place few days ago as Tether promised the token swap wouldn’t disrupt the total supply. In few hours Tether will coordinate with a 3rd party to perform a chain swap (conversion from Omni to ERC20 protocol) for 300M USDt. Tether total supply will not change during this process. — Tether (@Tether_to) September 12, 2019 Whale Alert, a twitter account dedicated to alerting the community of big cryptocurrency transactions, noted the coinage described above in a tweet published on Sept. 12. As per a second tweet submitted as an answer to the first one, Whale Alert offered an explanation of the type of transaction: “This USDT mint is part of a swap. The corresponding burn on Omni has not taken place yet.” And finally, Tether is burning the Omni Tether that was already converted to ERC20. Until now, no token burn has taken place on Omni blockchain. In July, it was reported that Tether accidentally minted and burned 5 million USDT tokens. However, Tether long-standing controversy about issues relating to transparency and market manipulation. The post Token Swap: Tether Announces Token Burn Of Over 400 Million USDT appeared first on Coingape.
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Zero-Knowledge Proof Solution from QEDIT Implemented Into Kaleido Blockchain For Transaction Privacy

Kaleido, a startup blockchain solution from ConsenSys Venture Studio has gone on record to become the first blockchain platform to implement the zero-knowledge proof solution from QEDIT—the crypto private company. A Non-compulsory Feature On September 13th, 2019 QEDIT shared a paress released with Cointelegraph where it stated that the partnership it had developed with Kaleido […]
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Cryptocurrency Exchange OKEx Korea Removes Privacy Altcoins

According to an official announcement made by the South Korean branch of OKEx, the popular exchange will delist five privacy coins as early as October 10, 2019. Complications for Privacy Coins Trading of Monero (XMR), Dash (DASH), ZCash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) on OKEx Korea will be suspended on October 10, 2019,Read MoreRead More. The post by Edoardo Vecchio appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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