You can not select more than 25 topics
Topics must start with a letter or number, can include dashes ('-') and can be up to 35 characters long.
142 lines
2.9 KiB
142 lines
2.9 KiB
---
|
|
|
|
Alias: ["Ocean Protocol (OCEAN)", "OCEAN", "Investment"]
|
|
Tag: ["Data", "Industrial", "Marketplace", "AI"]
|
|
Date: 2021-08-17
|
|
DocType: "Investment"
|
|
Hierarchy: "NonRoot"
|
|
TimeStamp: 2022-01-14
|
|
location: [1.336245, 103.8866274]
|
|
Investment:
|
|
Type: "Crypto"
|
|
Style: "Growth"
|
|
Stage: "Early"
|
|
Ccy: USD
|
|
Trading:
|
|
PDate: 2021-03-15
|
|
PPrice: 1.47497
|
|
LPrice: 0.76
|
|
CollapseMetaTable: yes
|
|
|
|
---
|
|
|
|
Parent:: [[Crypto Investments|Crypto Investment]]
|
|
|
|
---
|
|
|
|
 
|
|
|
|
```button
|
|
name Edit Investment parameters
|
|
type command
|
|
action MetaEdit: Run MetaEdit
|
|
id EditMetaData
|
|
```
|
|
^button-OceanInvEdit
|
|
|
|
```button
|
|
name Save
|
|
type command
|
|
action Save current file
|
|
id Save
|
|
```
|
|
^button-OceanInvSave
|
|
|
|
 
|
|
|
|
# Ocean Protocol
|
|
|
|
 
|
|
|
|
```ad-abstract
|
|
title: Summary
|
|
collapse: open
|
|
The OCEAN Protocol is a marketplace for data, with a free-floating price for data packs depending on actual demand for this. Data can range for big data packs for marketing or computing purposes to more qualitatively curated datasets.
|
|
Data/Big data is entering the Blockchain world through that particular project.
|
|
```
|
|
|
|
 
|
|
|
|
```toc
|
|
style: number
|
|
```
|
|
|
|
 
|
|
|
|
---
|
|
|
|
 
|
|
|
|
### Investment thesis
|
|
|
|
 
|
|
|
|
OCEAN Protocol aims at liberalising, facilitating and monetising the access to large datasets of any kind with a variety of user cases: training AI, feed corporate decision-making, scholar testing of hypotheses; in a era where data consumption is at its highest. The use case of the marketplace is therefore very appealing.
|
|
The token is the utility token of the marketplace and will fluctuate with adoption/traffic. Holding the token may not be the best strategy in this and therefore upside price action potential may not be the most rewarding strategy.
|
|
|
|
 
|
|
|
|
---
|
|
|
|
 
|
|
|
|
### Risk profile
|
|
|
|
 
|
|
|
|
<mark style="background:yellow;color:black">Medium risk</mark>
|
|
The token itself has little utility beyond powering the marketplace and therefore price action may be driven by investor sentiments and fluctuate widely.
|
|
|
|
 
|
|
|
|
---
|
|
|
|
 
|
|
|
|
### Tokenomics
|
|
|
|
 
|
|
|
|
```ad-product
|
|
title: Price update
|
|
OCEAN:USD price = 0.76, volume = 126,444.59, change = 0.00 on 2022-01-14T17:43:02
|
|
```
|
|
|
|
The OCEAN token powers the marketplace and will benefit from generated transactions and adoption. However, the token appears to be a simple currency mean and therefore may not hold an intrinsic value. Instead, token holders are encouraged to participate in liquidity pools between dataset-specific tokens and OCEAN to guarantee the liquidity of dataset-linked currencies and increase wealth through staking.
|
|
|
|
As described above, staking, which provides a utility to the marketplace, is encouraged.
|
|
|
|
 
|
|
|
|
---
|
|
|
|
 
|
|
|
|
### News & corporate activity
|
|
|
|
 
|
|
|
|
#### Current pipeline
|
|
|
|
Data vendors and buyers keep coming to the platform. VW, in Germany, is tge single biggest firm using this particular marketplace.
|
|
|
|
 
|
|
|
|
#### Innovation
|
|
|
|
N/A
|
|
|
|
 
|
|
|
|
---
|
|
|
|
 
|
|
|
|
### Further steps
|
|
|
|
 
|
|
|
|
Further steps are captured in the [[Crypto Tasks|Crypto task list]]
|
|
|
|
 
|
|
  |