Flipster

Trade OCEAN with Leverage

Info

Links
Intro
Ocean Protocol (OCEAN) is a decentralized data exchange protocol. Launched in 2019, Ocean Protocol aims to facilitate the sharing and monetization of data in a secure and transparent manner. Ocean Protocol provides a platform where data providers can tokenize and publish their data sets, while data consumers can access and pay for these datasets using OCEAN tokens. This decentralized marketplace eliminates intermediaries, enhancing data privacy, security, and integrity. OCEAN tokens play a central role within this ecosystem, serving as the medium of exchange for data services on the network. OCEAN tokens are used to incentivize network participants, including data providers, consumers, and node operators. Data providers are rewarded with OCEAN for sharing valuable datasets, while consumers use OCEAN to purchase access to these datasets. Node operators, who contribute to the network's infrastructure and maintenance, also receive OCEAN as compensation.