What Is OCEAN?


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.