What is Ocean Protocol (OCEAN) | What is Ocean Protocol token | What is OCEAN token

What Is Ocean Protocol (OCEAN)?

Ocean Protocol is a blockchain-based ecosystem that allows individuals and businesses to easily unlock the value of their data and monetize it through the use of  ERC-20 based datatokens.

Through Ocean Protocol, publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets that were previously unavailable or difficult to find. These datasets can be discovered on the Ocean Market, where they can be purchased and later consumed or sold.

On Ocean Protocol, each data service is represented by a unique datatoken, which is used to wrap a dataset or compute-to-data service — this essentially allows third-parties to perform operations on the data without it ever leaving the secure enclave of the publisher.

OCEAN is a utility token that is used for community governance and  staking on data, in addition to buying and selling data as the basic unit of exchange on the Ocean Market. The price of these datatokens is set by an OCEAN-datatoken AMM pool, which adjusts the price of the datatoken as it is bought and sold based on supply and demand.

Who Are the Founders of Ocean Protocol?

Ocean Protocol was co-founded in 2017 by an experienced group of consultants and entrepreneurs, who together have a wealth of experience in developing and growing high tech businesses.

The Ocean Protocol core team includes: Bruce Pon, an experienced international project manager and current CEO of BigchainDB; Trent McConaghy, an experienced engineer and AI expert; Cristina Pon, marketing director at both Ocean Protocol and BigchainDB; and Razvan Olteanu, who has more than 20 years of technical and management experience in senior roles.

The Ocean Protocol core team is currently composed of 15 individuals, and the platform is supported by a massive list of advisors — many of which are experts in AI,  blockchain, big data and business, and have developed and managed their own successful companies.

What Makes Ocean Protocol Unique?

Ocean Protocol unlocks access to data that would previously be unavailable or challenging to access, by allowing anybody with sought-after datasets to tokenize their data and make it available on the Ocean Market.

This produces an additional income stream for data publishers while giving scientists, researchers, data analysts and anybody else access to more reliable data.

Ocean Protocol provides the tools needed for firms to build and launch their own data markets, by either directly forking the Ocean Protocol, or by using the supplied Ocean Protocol React hooks. It also provides extensive documentation to assist with this process.

Holders of OCEAN tokens can directly participate in the datatoken economy by staking their tokens on datasets on the Ocean Market. Stakers then become liquidity providers in the selected OCEAN-datatoken pool, and earn a fraction of the transaction fees generated by the pool.

Related Pages:

Read about Uniswap (UNI) — the governance token of the Uniswap decentralized exchange.

Check out district0x (DNT) — a network of decentralized marketplaces.

Get up to speed with the latest crypto lingo with the CoinMarketCap Crypto Glossary.

Get an overview of the current market insights with the CoinMarketCap blog.

How Many Ocean Protocol (OCEAN) Coins Are There in Circulation?

As of November 2020, a total of 414 million OCEAN tokens are currently in circulation. This is out of a fixed maximum of 1.41 billion tokens, which was set in the new Ocean contract deployed on August 21, 2020.

It will take a total of 50 years for the full OCEAN supply to be released, whereas a total of ~600 million tokens are expected to be in circulation by May 2022, and 1 billion tokens by January 2031.

Of the total Ocean supply, 20% is allocated to the project founders, 15% to acquirors (SAFTE purchasers), 5% to the Ocean Protocol Foundation and the remaining 60% will be distributed to keepers (those that run Ocean network nodes).

How Is the Ocean Protocol Network Secured?

OCEAN is currently an ERC-20 token operating on the  Ethereum blockchain. As a result, it is backed by Ethereum’s extensive  proof-of-work (POW) mining and node network, which protect it against a variety of  attacks.

Ocean Protocol previously operated on a proof-of-authority (PoA) sidechain, but this was scrapped to ensure datatokens remain compatible with the broader Ethereum ecosystem.

According to a 2019  blog entry, Ocean Protocol applied military-grade security practices when designing its smart contracts — ensuring they can be securely upgraded and deployed without opening up any attack vectors.

Introducing OceanDAO

A grants DAO curated by the Ocean community, for growth & long-term sustainability

Image for post

Introduction

Hello Oceaners!

Ocean has been following a journey to full decentralization since its inception several years ago. We’re pleased to announce a key piece of that puzzle: community-led funding in the form of a grants DAO that we call OceanDAO. It closes the loop on a “snowball effect” feedback cycle where the health of OCEAN and the Ocean ecosystem rises as the usage of Ocean goes up. We call this the “Web3 Sustainability Loop”; this blog post has details.

Image for post

Today we’re pleased to announce the release of OceanDAO, and its first funding cycle.

OceanDAO is a grants DAO to help fund Ocean community projects, curated by the Ocean community.

OceanDAO is a great way to get involved:

  • As a project: If you’re looking for funding to build something, do outreach, or unlock data
  • As a curator: If you’re an OCEAN holder & want to help steer the future of Ocean, you can make an impact by learning about proposals and voting.

Future Funding Rounds

OceanDAO future Funding Rounds 2, 3, 4 etc are planned monthly, starting in February 2021:

  • Project proposals — due by 23:59 GMT on the 1st day of the month.
  • Voting — closes 23:59 GMT on **4th day **of the month.
  • Funding — funds will be disbursed within 24 hours after voting ends.
  • There may be variations in: amount of funding, ## teams funded, and action steps themselves.

The OceanDAO wiki has the links and up-to-date information you will need, to participate as a project team member or as a community curator.

Project Types

OceanDAO funding is for projects of these types:

  • Build / improve applications or integrations to Ocean
  • Outreach / community (grants don’t need to be technical in nature)
  • Unleash data
  • Build / improve core Ocean software

Project Criteria

When proposing a project, these are the two criteria to keep in consideration: (1) ROI towards growth (2) aligned with Ocean mission. Projects that fail (2) will not be considered for voting. Once voting opens, only criterion (1) remains. Let’s elaborate!

Criterion (1). On average, value added to the Ocean ecosystem must exceed the grant value spent.

  • That is, the average “return on investment” (ROI) must be > 1.0. Value added by a project is hard to know in advance. Some will fail; others will succeed and bring 10x value. But this must hold true on average across projects.
  • Motivation: We want a “snowball effect” for ecosystem growth, where more funds granted leads to more funds available for grants in the future. This will happen with more network revenue or a rise in OCEAN.
  • This page has more information on Expected ROI.

Criterion (2). The project must help to promote the Ocean’s mission & values (or at least not work against them).

  • Mission & values. Ocean’s mission is to equalize the opportunity for people to access data. Ocean’s values, and further details, a

Minimum Proposal Requirements

Anyone can propose a project to OceanDAO. However, to be considered, you must have at least 5,000 OCEAN in the same Ethereum wallet as listed in your proposal by the time the proposal process ends (December 14th, 23:59 pm GMT). If selected for a grant, this will be the same wallet where you will receive your grant funding. This helps to filter towards people with a vested interest or “skin in the game” in OCEAN — that is, Ocean community members. Ocean Protocol team members will verify.

Discussion Venues

There are two main venues for discussion: text chat-based at Discord, and videochat Town Halls.

Discord: Navigate to the Ocean Protocol Discord and join the  OceanDAO channel. Here we welcome all conversation and questions OceanDAO related.

Image for post

Town Halls . These are regular videochat events among community members, open to all. It’s a great place to get to know the community. Here you can ask questions, share proposal feedback, and more.

The first Town Hall is Wednesday, Dec 2 at 16:00 GMT.

See the Town Hall page for information on future calls.

Voting: Details

Voting will take place on:  vote.oceanprotocol.com

Implementation

  • At proposal deadline (December 14th at 23:59 pm GMT), Proposals that meet the “Minimum Proposal Requirements” and “Project Criteria” will be migrated to the  OceanDAO Voting Page.
  • Vote with your OCEAN Tokens. 1 OCEAN = 1 vote.
  • In order for your vote to count, you must have the OCEAN already in the non-custodial wallet you plan on voting with before the vote opens (December 15th at 12:00 pm GMT). This is so your existing OCEAN balance can be counted. Voting from exchanges is not supported.
  • Your wallet address can only vote on one proposal. If you would like to vote on more than one proposal, you will need to fund your multiple wallet addresses with the respective amount of OCEAN before the voting opens.
  • You can only vote with the OCEAN tokens in your wallet. You will be unable to vote with OCEAN that is deposited as liquidity in Ocean Market, Bancor, or otherwise. It is your choice if you would like to remove liquidity, vote, and re-add the liquidity back later. Risks come with removing liquidity (impermanent loss etc). This is up to you to manage. In the future, we aim to support voting without needing to remove liquidity (e.g. vote with BPTs).

How to Vote

Image for post

  • Navigate to the  OceanDAO Voting Page.
  • Once voting begins you will see the active proposals on the ballot.
  • Connect your Web3 wallet containing your OCEAN tokens.
  • Select the proposal you wish to vote for.
  • Click “Vote” and sign with your wallet.
  • Vote percentages will adjust accordingly as votes are counted.

Grant Details

Grant Recipients

In Funding Round 1, each winning project will receive 10,000 OCEAN from OceanDAO. There will be 5 winners: the top 5 highest voted proposals (additionally, to receive a grant you must also receive greater than 1% of the vote).

Funds will be disbursed to the grantees within 24 hours after voting ends.

Funds for OceanDAO currently come from Ocean Protocol Foundation (OPF). Future funds are earmarked to also come from the 51% Ocean token supply

Non-Grant Recipients

If you were not selected for a grant in this Funding Round, we highly encourage you to continue to stay involved in the Ocean community. You are appreciated! There are future OceanDAO funding rounds on the first of every month starting in February 2021, and  other opportunities to receive funding.

On OceanDAO Evolution

The best practices and technology around DAOs are still evolving. OceanDAO’s strategy is to “bake slowly” — to ratchet up value-at-risk over time, to give space to learn and for technology to improve. Accordingly, the amount of funds per Funding Round may vary, and OPF reserves the right to make changes in general. The aim is: if OceanDAO creates positive value, then the funds allocated to OceanDAO will go up.

How does Ocean relate to other Ocean funding programs (Shipyard, Data Economy Challenge)?

They are complementary:

  • Shipyard offers grants curated by the core Ocean team.
  • OceanDAO offers grants curated by the broader community of OCEAN holders.
  • Data Economy Challenge (DEC) offers prizes curated by expert judges from the community.
  • More information is at:  https://oceanprotocol.com/fund

Is Ocean a governance DAO? Can we use it to change parameter x?

No. OceanDAO is exclusively a grants DAO which gives funding for community-proposed projects. That’s it.

Is this Ocean V4? If no, does that mean you didn’t complete your roadmap?

The roadmap laid out shipping OceanDAO as Ocean Goal 4 / V4. In shipping OceanDAO, we are fulfilling Goal 4 and the promise of the roadmap. However, we are now reserving the label “Ocean V4” for future changes to Ocean smart contract software.

Why not quadratic funding? Quadratic voting? Conviction voting? Futarchy?

These are all great ideas. Currently we constrain ourselves to using readily-available tooling with a minimum of experimentation needed. None of the ideas listed fit that criteria. However as DAO tooling improves, we hope to be able to try out new ideas.

Are there plans for a governance DAO?

Not at the present. This is also because, for Ocean, PRs or forks are generally more appropriate anyway, see below. Let’s see how things evolve. For changes to:

  • Ocean Market code, then make a PR, or fork and make your own version.
  • libraries like ocean.js, then make a PR, or fork and make your own version.
  • the datatokens contracts: there is virtually nothing to change since they’re so simple. Basically just ERC20.
  • the pool contracts, fork it, change it, and deploy as your own version. We want more types of pools in Ocean.

More OCEAN tokens are in circulation via the grant rewards. Does this really bring more value to the Ocean ecosystem? What are the benefits of OceanDAO?

OceanDAO is a grants DAO with the purpose of growing the overall value of Ocean Protocol. Investing in the Ocean ecosystem is a critical aspect of this goal. See  The Web3 Sustainability Loop for more details.

The OPF has Ocean tokens, will they use them to vote for proposals? Will it then be a centralized system where the OPF chooses what will get funded?

No. The OPF and BigchainDB will not be voting.

Where Can You Buy Ocean Protocol (OCEAN)?

Ocean Protocol (OCEAN) tokens can currently be traded on more than two dozen exchanges, including several top tier platforms — like Binance, KuCoin, Bittrex and Poloniex. As of November 2020, Binance is the most liquid centralized exchange for OCEAN, whereas Uniswap is the most liquid decentralized exchange for OCEAN.

Looking for more information…

WebsiteExplorerExplorer 2WhitepaperSource CodeSocial ChannelSocial Channel 2Social Channel 3Message BoardMessage Board 2Coinmarketcap

Would you like to earn OCEAN right now! ☞ CLICK HERE

Top exchanges for token-coin trading. Follow instructions and make unlimited money

BinanceBittrexPoloniexBitfinexHuobi

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #ocean protocol #ocean

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What is Ocean Protocol (OCEAN) | What is Ocean Protocol token | What is OCEAN token

What is Ocean Protocol (OCEAN) | What is Ocean Protocol token | What is OCEAN token

What Is Ocean Protocol (OCEAN)?

Ocean Protocol is a blockchain-based ecosystem that allows individuals and businesses to easily unlock the value of their data and monetize it through the use of  ERC-20 based datatokens.

Through Ocean Protocol, publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets that were previously unavailable or difficult to find. These datasets can be discovered on the Ocean Market, where they can be purchased and later consumed or sold.

On Ocean Protocol, each data service is represented by a unique datatoken, which is used to wrap a dataset or compute-to-data service — this essentially allows third-parties to perform operations on the data without it ever leaving the secure enclave of the publisher.

OCEAN is a utility token that is used for community governance and  staking on data, in addition to buying and selling data as the basic unit of exchange on the Ocean Market. The price of these datatokens is set by an OCEAN-datatoken AMM pool, which adjusts the price of the datatoken as it is bought and sold based on supply and demand.

Who Are the Founders of Ocean Protocol?

Ocean Protocol was co-founded in 2017 by an experienced group of consultants and entrepreneurs, who together have a wealth of experience in developing and growing high tech businesses.

The Ocean Protocol core team includes: Bruce Pon, an experienced international project manager and current CEO of BigchainDB; Trent McConaghy, an experienced engineer and AI expert; Cristina Pon, marketing director at both Ocean Protocol and BigchainDB; and Razvan Olteanu, who has more than 20 years of technical and management experience in senior roles.

The Ocean Protocol core team is currently composed of 15 individuals, and the platform is supported by a massive list of advisors — many of which are experts in AI,  blockchain, big data and business, and have developed and managed their own successful companies.

What Makes Ocean Protocol Unique?

Ocean Protocol unlocks access to data that would previously be unavailable or challenging to access, by allowing anybody with sought-after datasets to tokenize their data and make it available on the Ocean Market.

This produces an additional income stream for data publishers while giving scientists, researchers, data analysts and anybody else access to more reliable data.

Ocean Protocol provides the tools needed for firms to build and launch their own data markets, by either directly forking the Ocean Protocol, or by using the supplied Ocean Protocol React hooks. It also provides extensive documentation to assist with this process.

Holders of OCEAN tokens can directly participate in the datatoken economy by staking their tokens on datasets on the Ocean Market. Stakers then become liquidity providers in the selected OCEAN-datatoken pool, and earn a fraction of the transaction fees generated by the pool.

Related Pages:

Read about Uniswap (UNI) — the governance token of the Uniswap decentralized exchange.

Check out district0x (DNT) — a network of decentralized marketplaces.

Get up to speed with the latest crypto lingo with the CoinMarketCap Crypto Glossary.

Get an overview of the current market insights with the CoinMarketCap blog.

How Many Ocean Protocol (OCEAN) Coins Are There in Circulation?

As of November 2020, a total of 414 million OCEAN tokens are currently in circulation. This is out of a fixed maximum of 1.41 billion tokens, which was set in the new Ocean contract deployed on August 21, 2020.

It will take a total of 50 years for the full OCEAN supply to be released, whereas a total of ~600 million tokens are expected to be in circulation by May 2022, and 1 billion tokens by January 2031.

Of the total Ocean supply, 20% is allocated to the project founders, 15% to acquirors (SAFTE purchasers), 5% to the Ocean Protocol Foundation and the remaining 60% will be distributed to keepers (those that run Ocean network nodes).

How Is the Ocean Protocol Network Secured?

OCEAN is currently an ERC-20 token operating on the  Ethereum blockchain. As a result, it is backed by Ethereum’s extensive  proof-of-work (POW) mining and node network, which protect it against a variety of  attacks.

Ocean Protocol previously operated on a proof-of-authority (PoA) sidechain, but this was scrapped to ensure datatokens remain compatible with the broader Ethereum ecosystem.

According to a 2019  blog entry, Ocean Protocol applied military-grade security practices when designing its smart contracts — ensuring they can be securely upgraded and deployed without opening up any attack vectors.

Introducing OceanDAO

A grants DAO curated by the Ocean community, for growth & long-term sustainability

Image for post

Introduction

Hello Oceaners!

Ocean has been following a journey to full decentralization since its inception several years ago. We’re pleased to announce a key piece of that puzzle: community-led funding in the form of a grants DAO that we call OceanDAO. It closes the loop on a “snowball effect” feedback cycle where the health of OCEAN and the Ocean ecosystem rises as the usage of Ocean goes up. We call this the “Web3 Sustainability Loop”; this blog post has details.

Image for post

Today we’re pleased to announce the release of OceanDAO, and its first funding cycle.

OceanDAO is a grants DAO to help fund Ocean community projects, curated by the Ocean community.

OceanDAO is a great way to get involved:

  • As a project: If you’re looking for funding to build something, do outreach, or unlock data
  • As a curator: If you’re an OCEAN holder & want to help steer the future of Ocean, you can make an impact by learning about proposals and voting.

Future Funding Rounds

OceanDAO future Funding Rounds 2, 3, 4 etc are planned monthly, starting in February 2021:

  • Project proposals — due by 23:59 GMT on the 1st day of the month.
  • Voting — closes 23:59 GMT on **4th day **of the month.
  • Funding — funds will be disbursed within 24 hours after voting ends.
  • There may be variations in: amount of funding, ## teams funded, and action steps themselves.

The OceanDAO wiki has the links and up-to-date information you will need, to participate as a project team member or as a community curator.

Project Types

OceanDAO funding is for projects of these types:

  • Build / improve applications or integrations to Ocean
  • Outreach / community (grants don’t need to be technical in nature)
  • Unleash data
  • Build / improve core Ocean software

Project Criteria

When proposing a project, these are the two criteria to keep in consideration: (1) ROI towards growth (2) aligned with Ocean mission. Projects that fail (2) will not be considered for voting. Once voting opens, only criterion (1) remains. Let’s elaborate!

Criterion (1). On average, value added to the Ocean ecosystem must exceed the grant value spent.

  • That is, the average “return on investment” (ROI) must be > 1.0. Value added by a project is hard to know in advance. Some will fail; others will succeed and bring 10x value. But this must hold true on average across projects.
  • Motivation: We want a “snowball effect” for ecosystem growth, where more funds granted leads to more funds available for grants in the future. This will happen with more network revenue or a rise in OCEAN.
  • This page has more information on Expected ROI.

Criterion (2). The project must help to promote the Ocean’s mission & values (or at least not work against them).

  • Mission & values. Ocean’s mission is to equalize the opportunity for people to access data. Ocean’s values, and further details, a

Minimum Proposal Requirements

Anyone can propose a project to OceanDAO. However, to be considered, you must have at least 5,000 OCEAN in the same Ethereum wallet as listed in your proposal by the time the proposal process ends (December 14th, 23:59 pm GMT). If selected for a grant, this will be the same wallet where you will receive your grant funding. This helps to filter towards people with a vested interest or “skin in the game” in OCEAN — that is, Ocean community members. Ocean Protocol team members will verify.

Discussion Venues

There are two main venues for discussion: text chat-based at Discord, and videochat Town Halls.

Discord: Navigate to the Ocean Protocol Discord and join the  OceanDAO channel. Here we welcome all conversation and questions OceanDAO related.

Image for post

Town Halls . These are regular videochat events among community members, open to all. It’s a great place to get to know the community. Here you can ask questions, share proposal feedback, and more.

The first Town Hall is Wednesday, Dec 2 at 16:00 GMT.

See the Town Hall page for information on future calls.

Voting: Details

Voting will take place on:  vote.oceanprotocol.com

Implementation

  • At proposal deadline (December 14th at 23:59 pm GMT), Proposals that meet the “Minimum Proposal Requirements” and “Project Criteria” will be migrated to the  OceanDAO Voting Page.
  • Vote with your OCEAN Tokens. 1 OCEAN = 1 vote.
  • In order for your vote to count, you must have the OCEAN already in the non-custodial wallet you plan on voting with before the vote opens (December 15th at 12:00 pm GMT). This is so your existing OCEAN balance can be counted. Voting from exchanges is not supported.
  • Your wallet address can only vote on one proposal. If you would like to vote on more than one proposal, you will need to fund your multiple wallet addresses with the respective amount of OCEAN before the voting opens.
  • You can only vote with the OCEAN tokens in your wallet. You will be unable to vote with OCEAN that is deposited as liquidity in Ocean Market, Bancor, or otherwise. It is your choice if you would like to remove liquidity, vote, and re-add the liquidity back later. Risks come with removing liquidity (impermanent loss etc). This is up to you to manage. In the future, we aim to support voting without needing to remove liquidity (e.g. vote with BPTs).

How to Vote

Image for post

  • Navigate to the  OceanDAO Voting Page.
  • Once voting begins you will see the active proposals on the ballot.
  • Connect your Web3 wallet containing your OCEAN tokens.
  • Select the proposal you wish to vote for.
  • Click “Vote” and sign with your wallet.
  • Vote percentages will adjust accordingly as votes are counted.

Grant Details

Grant Recipients

In Funding Round 1, each winning project will receive 10,000 OCEAN from OceanDAO. There will be 5 winners: the top 5 highest voted proposals (additionally, to receive a grant you must also receive greater than 1% of the vote).

Funds will be disbursed to the grantees within 24 hours after voting ends.

Funds for OceanDAO currently come from Ocean Protocol Foundation (OPF). Future funds are earmarked to also come from the 51% Ocean token supply

Non-Grant Recipients

If you were not selected for a grant in this Funding Round, we highly encourage you to continue to stay involved in the Ocean community. You are appreciated! There are future OceanDAO funding rounds on the first of every month starting in February 2021, and  other opportunities to receive funding.

On OceanDAO Evolution

The best practices and technology around DAOs are still evolving. OceanDAO’s strategy is to “bake slowly” — to ratchet up value-at-risk over time, to give space to learn and for technology to improve. Accordingly, the amount of funds per Funding Round may vary, and OPF reserves the right to make changes in general. The aim is: if OceanDAO creates positive value, then the funds allocated to OceanDAO will go up.

How does Ocean relate to other Ocean funding programs (Shipyard, Data Economy Challenge)?

They are complementary:

  • Shipyard offers grants curated by the core Ocean team.
  • OceanDAO offers grants curated by the broader community of OCEAN holders.
  • Data Economy Challenge (DEC) offers prizes curated by expert judges from the community.
  • More information is at:  https://oceanprotocol.com/fund

Is Ocean a governance DAO? Can we use it to change parameter x?

No. OceanDAO is exclusively a grants DAO which gives funding for community-proposed projects. That’s it.

Is this Ocean V4? If no, does that mean you didn’t complete your roadmap?

The roadmap laid out shipping OceanDAO as Ocean Goal 4 / V4. In shipping OceanDAO, we are fulfilling Goal 4 and the promise of the roadmap. However, we are now reserving the label “Ocean V4” for future changes to Ocean smart contract software.

Why not quadratic funding? Quadratic voting? Conviction voting? Futarchy?

These are all great ideas. Currently we constrain ourselves to using readily-available tooling with a minimum of experimentation needed. None of the ideas listed fit that criteria. However as DAO tooling improves, we hope to be able to try out new ideas.

Are there plans for a governance DAO?

Not at the present. This is also because, for Ocean, PRs or forks are generally more appropriate anyway, see below. Let’s see how things evolve. For changes to:

  • Ocean Market code, then make a PR, or fork and make your own version.
  • libraries like ocean.js, then make a PR, or fork and make your own version.
  • the datatokens contracts: there is virtually nothing to change since they’re so simple. Basically just ERC20.
  • the pool contracts, fork it, change it, and deploy as your own version. We want more types of pools in Ocean.

More OCEAN tokens are in circulation via the grant rewards. Does this really bring more value to the Ocean ecosystem? What are the benefits of OceanDAO?

OceanDAO is a grants DAO with the purpose of growing the overall value of Ocean Protocol. Investing in the Ocean ecosystem is a critical aspect of this goal. See  The Web3 Sustainability Loop for more details.

The OPF has Ocean tokens, will they use them to vote for proposals? Will it then be a centralized system where the OPF chooses what will get funded?

No. The OPF and BigchainDB will not be voting.

Where Can You Buy Ocean Protocol (OCEAN)?

Ocean Protocol (OCEAN) tokens can currently be traded on more than two dozen exchanges, including several top tier platforms — like Binance, KuCoin, Bittrex and Poloniex. As of November 2020, Binance is the most liquid centralized exchange for OCEAN, whereas Uniswap is the most liquid decentralized exchange for OCEAN.

Looking for more information…

WebsiteExplorerExplorer 2WhitepaperSource CodeSocial ChannelSocial Channel 2Social Channel 3Message BoardMessage Board 2Coinmarketcap

Would you like to earn OCEAN right now! ☞ CLICK HERE

Top exchanges for token-coin trading. Follow instructions and make unlimited money

BinanceBittrexPoloniexBitfinexHuobi

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #ocean protocol #ocean

aaron silva

aaron silva

1622197808

SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon

SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

Read More @ https://bit.ly/3oFbJoJ

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aaron silva

aaron silva

1621844791

SafeMoon Clone | SafeMoon Token Clone | SafeMoon Token Clone Development

The SafeMoon Token Clone Development is the new trendsetter in the digital world that brought significant changes to benefit the growth of investors’ business in a short period. The SafeMoon token clone is the most widely discussed topic among global users for its value soaring high in the marketplace. The SafeMoon token development is a combination of RFI tokenomics and the auto-liquidity generating process. The SafeMoon token is a replica of decentralized finance (DeFi) tokens that are highly scalable and implemented with tamper-proof security.

The SafeMoon tokens execute efficient functionalities like RFI Static Rewards, Automated Liquidity Provisions, and Automatic Token Burns. The SafeMoon token is considered the most advanced stable coin in the crypto market. It gained global audience attention for managing the stability of asset value without any fluctuations in the marketplace. The SafeMoon token clone is completely decentralized that eliminates the need for intermediaries and benefits the users with less transaction fee and wait time to overtake the traditional banking process.

Reasons to invest in SafeMoon Token Clone :

  • The SafeMoon token clone benefits the investors with Automated Liquidity Pool as a unique feature since it adds more revenue for their business growth in less time. The traders can experience instant trade round the clock for reaping profits with less investment towards the SafeMoon token.
  • It is integrated with high-end security protocols like two-factor authentication and signature process to prevent various hacks and vulnerable activities. The Smart Contract system in SafeMoon token development manages the overall operation of transactions without any delay,
  • The users can obtain a reward amount based on the volume of SafeMoon tokens traded in the marketplace. The efficient trading mechanism allows the users to trade the SafeMoon tokens at the best price for farming. The user can earn higher rewards based on the staking volume of tokens by users in the trade market.
  • It allows the token holders to gain complete ownership over their SafeMoon tokens after purchasing from DeFi exchanges. The SafeMoon community governs the token distribution, price fluctuations, staking, and every other token activity. The community boosts the value of SafeMoon tokens.
  • The Automated Burning tokens result in the community no longer having control over the SafeMoon tokens. Instead, the community can control the burn of the tokens efficiently for promoting its value in the marketplace. The transaction of SafeMoon tokens on the blockchain platform is fast, safe, and secure.

The SafeMoon Token Clone Development is a promising future for upcoming investors and startups to increase their business revenue in less time. The SafeMoon token clone has great demand in the real world among millions of users for its value in the market. Investors can contact leading Infinite Block Tech to gain proper assistance in developing a world-class SafeMoon token clone that increases the business growth in less time.

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Angelina roda

Angelina roda

1624230000

How to Buy FEG Token - The EASIEST Method 2021. JUST IN A FEW MINUTES!!!

How to Buy FEG Token - The EASIEST Method 2021
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🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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aviana farren

aviana farren

1623836330

Embrace the growth of DeFi Token Development Like SafeMoon in real-world

“The DeFi token development like SafeMoon was initially launched in March 2021 and created huge hype among global users. It is noted that more than 2 million holders have adopted this SafeMoon token in recent times after its launch in the market. The DeFi token like SafeMoon has hit the market cap for about $2.5 billion. This digital currency has experienced a steady increase in its price value to top the crypto list in the trade market. The future of cryptocurrency is expanding wide opportunities for upcoming investors and startups to make their investments worthy.”

The SafeMoon like token development is becoming more popular in the real world, making investors go crazy over these digital currencies since their value is soaring high in the marketplace. The DeFi like SafeMoon token has grabbed users attention in less time when compared to other crypto tokens in the market. The SafeMoon like token exists on the blockchain for the long run and does not rely on any intermediaries like financial institutions or exchanges. It has a peer-to-peer (P2P) network that benefits global users from experiencing fast and secure transactions.

What is SafeMoon?

SafeMoon is considered a decentralized finance (DeFi) token with great demand and value in the crypto market. It is mainly known for its functionalities like Reflection, LP Acquisition and burning. The DeFi token like SafeMoon functions exactly like tokenomics of the reflected finance, and it is operated through the Binance Smart Chain framework. It is a combination of liquidity generating protocol and RFI tokenomics in the blockchain platform. The launch of the SafeMoon token eliminates the need for central authority like banks or governments to benefit the users with secure processing at high speed without any interruption.

SafeMoon Tokenomics :

The SafeMoon tokenomics describes the economic status of the crypto tokens and has a more sound monetary policy than other competitors in the market. However, it is figured that investment towards DeFi like SafeMoon tokens has a higher potential for returns to benefit the investors in future and the risk associated with it is less. The total supply of SafeMoon tokens is estimated at 1,000,000,000,000,000, and 600,000,000,000 of these tokens are still in circulation. Burned Dev tokens supply is calculated as 223,000,000,000,000, and the shorthand is 223 Trillion. The Fair launch supply is closed around 777,000,000,000,000, and it is circulated for about 777 Trillion.

SafeMoon Specification :

The SafeMoon like DeFi token development is currently the fast-moving cryptos and struck the market cap for about $2,965,367,638. The SafeMoon token price value is found to be $0.000005065 that lured a wide range of audience attention in a short period. The total supply of tokens in the present is one quadrillion tokens.

SafeMoon Protocol :

The SafeMoon Protocol is considered as community-driven DeFi token that focuses on reflection, LP acquisition, and burn in each trade where the transaction is taxed into 5% fee redistributed to all existing holders, 5% fee is split into 50/50 where the half is sold by the contract into BNB and another half of SafeMoon tokens pairs with BNB and added as liquidity pair on PancakeSwap.

Safety: A step by step plan for ensuring 100% safety.

  • Dev burned all tokens in the wallet before the launch.
  • Fair launch on DxSale.
  • LP locked on DxLocker for four years
  • LP generated with every trade and locked on Pancake

Why is there a need for reflection & static?

The reflect mechanism effectively allows token holders to hang on their tokens based on percentages carried out and relying upon total tokens held by owners. The static rewards play a significant role in solving a host of problems to benefit the investors with profits based on the volume of tokens being traded in the market. This mechanism focuses on satisfying the early adopters selling their tokens after farming high APYs.

What is the role of Manual Burns?

The manual burns do matter at times, and sometimes they don’t. The continuous burn on any protocol is efficient for a shorter period, which means there is no possibility of controlling it in any way. It is necessary to have the SafeMoon like token burns controlled and promoted for further achievements over community rewards. It is possible that even manual burns and the amounts to be tracked down easily and advertised. The burn strategy of DeFi like SafeMoon token, is beneficial and rewarding for users engaged over the long term.

How efficient is Automatic Liquidity Pool (LP)?

The SafeMoon protocol ensures to take the assets automatically from token holders and locks them for liquidity. The main intention is to keep the holder in touch with the performance of the SafeMoon token by preventing the dips from whales when they are adopted for the mass trade-off.
The DeFi like SafeMoon token, has great price value in the trade market with fewer fluctuations.

Attractive features present in DeFi like SafeMoon token platform :

  • Stable Rewards
  • Manual Burning
  • LP Acquisition
  • Community Governed Tokens
  • RFI Staking Rewards
  • Automated Liquidity Pool
  • Automated Market Making

What are the benefits offered in SafeMoon like Token Development?

  • The SafeMoon like token development maintains high transparency over user transaction details to gain their trust.
  • It eliminates the need for intermediaries in DeFi token like SafeMoon platform to benefit the users with less gas fee, wait time and faster transaction speed.
  • The DeFi token development like SafeMoon supports borderless transactions for users to transfer funds from anywhere and anytime.
  • It benefits the token holders from gaining exclusive ownership rights over their purchased DeFi like SafeMoon tokens from the marketplace.
  • The smart contracts present in DeFi like SafeMoon token platform manages to operate the overall flow of transactions without any delay.
  • Investors can generate immediate liquidity from DeFi like SafeMoon tokens to increase their business revenue in a short period.

Summing Up :

The DeFi token development like SafeMoon is the next game-changer for the upcoming generation to explore the benefits for their business growth. The investments towards DeFi like SafeMoon token has excellent value in the long run that benefits the investors with high returns. It is highly efficient for trade, buy/sell and transaction. Investors can connect with any reputed blockchain company with professional experience developing a world-class DeFi like SafeMoon token platform with high-end features cost-effectively.

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