Ocean Protocol

Description

Ocean Protocol is a decentralized data exchange protocol that lets people share and monetize data while guaranteeing control, auditability, transparency and compliance to all actors involved.

Problem Solved

1. Lack of Semantic Layer standardization leads to competing Semantic models; and, 2. Poorly-formed Semantic models create implementation issues.

Token Use

Ocean tokens are the means of transacting within the ecosystem, and because the tokens can be exchanged to procure network services, they are treated as utility tokens.

Ocean Protocol – Review and Rating

ocean-protocol-table

Pros

– Partners – Ocean Protocol managed to gather some outstanding partnerships such as IBM Watson AI XPRIZE, Engima, and many more. Only with such healthy companions, they will be able to execute their innovative dream.

– PBittrex Launchpad: As a part of the IEO trend Ocean Protocol is joining the previous successful Bittrex’s IEO, MultiVac which brought excellent results in its ATH.

CONS

– ECompetition: Ocean Protocol is entering a saturated market where many centralized solutions already exist. They will have to position them self as the ultimate solution and to be able to convince the public that the
decentralization is essential feature for a data marketplace

IEO Ended

03 May 2019

Total raised

$6,000,000 / $30,980,000

Token : OCEAN

Token type: ERC-20

ICO price: 1 OCEAN = $0.12 USD

Finite token number1,410,000,000 OCEAN

Token Allocation: 10% public

Accepted Currencies: BTC

Seed Sale

Completed: Oct, 2017

Raised: 3.8 M Euro, 1 OCEAN = $0.09 USD

Pre-Launch

Completed: Mar 7, 2018

Raised: 16 M Euro, 1 OCEAN = $0.23 USD

Network Launch

Completed: Mar 6, 2019

Raised: 1.8 M Euro, 1 OCEAN = $0.25 USD

Bittrex International IEO

Date: Apr 30 – May 3, 2019

Cap: $6.4 M USD, 1 OCEAN = $0.12 USD

Team Members

bounty0x-team_member_1-6

Bruce Pon

Linkedin Icon and Link

Founder

bounty0x-team_member_2-3

T.McConaghy

Founder

bounty0x-team_member_3-3

Masha McConaghy Linkedin Icon and Link

Founder

bounty0x-team_member_4

Daryl Arnold Linkedin Icon and Link

Founder

bounty0x_team_member_5

Don Gossen Linkedin Icon and Link

Co-Founder

Advisory board

Meltem Demirors Linkedin Icon and Link

Advisor

bounty0x-team_member_2-3

Dr. Carsten Stöcker Linkedin Icon and Link

Advisor

bounty0x-team_member_3-3

Prof. Dr. Sebastian Gajek Linkedin Icon and Link

Advisor

bounty0x-team_member_3-3

Adam Drake Linkedin Icon and Link

Advisor

bounty0x-team_member_3-3

Chris Ballinger Linkedin Icon and Link

Advisor

partners


xprize-3

Fitchain logo

Enigma logo

MOBi logo

couger logo

Messari Logo

investors

Inves


KOSMOS Logo

fabric ventures logo

outlier logo

Zeroth.AI logo

Synapse Capital

Private Investors


Julian


Disclaimer: All ratings published on CryptoPotato are for informational purposes only. CryptoPotato does not provide investment forecasts, recommendations or consulting. Thus, neither CryptoPotato
nor its writers can be held responsible for its visitors’ investment decisions. CryptoPotato is not affiliated with and does not endorse or sponsor any listed token sales. CryptoPotato may receive a fee for
advertising certain token sales, in which case it will be designated and marked accordingly. CryptoPotato may receive a fee for conducting due diligence before listing, rating and/or evaluating a token sale.
CryptoPotato will never accept a fee in exchange for a certain rating score and/or evaluation for token sales. Full disclaimer