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  • Ocean Protocol is an ecosystem for the data economy and associated services.

  • Using Ocean software components, users can launch their own data marketplaces on Ocean, connected to the decentralized Ocean data sharing network.

  • Via these data marketplaces, data providers can monetize data while preserving privacy and control while data consumers can access data that they could not get before - private data.

  • Ocean tokens (OCEAN) are currently used within the Ocean network to pay for data services (download datasets, using compute-to-data).

  • In the future, OCEAN tokens can also be used for referral rewards, staking, as governance tokens for the OceanDAO and more.