Ocean Protocol
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 8.9m | 8.9m | 6.4m | 9.3m | 9.3m |
% growth | - | - | (28 %) | 45 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | Early VC | ||
N/A | Seed | ||
N/A | $22.1m | ICO | |
N/A | Seed | ||
N/A | $6.0m | ICO | |
N/A | - | ||
* | $5.0m | Early VC | |
* | N/A | Acquisition | |
Total Funding | $5.0m |
Related Content
Recent News about Ocean Protocol
EditOcean Protocol operates in the blockchain and data economy sectors, providing a decentralized platform for secure and privacy-preserving data exchange. The company serves data owners, consumers, and developers by enabling them to publish, discover, and consume data through its Ocean Market app. Ocean Protocol's business model revolves around the use of its native OCEAN tokens, which are staked to provide liquidity to data pools. Additionally, the platform offers tools for developers to build data wallets, marketplaces, and other applications using Ocean libraries and datatokens, which are wrapped as industry-standard ERC20 tokens. This allows for seamless integration with existing crypto wallets and exchanges. The company generates revenue through transaction fees on its marketplace and by offering premium services for data management and exchange. Ocean Protocol aims to build a decentralized European Data Economy, leveraging blockchain technology to ensure data privacy and security.
Keywords: blockchain, data marketplace, privacy-preserving, decentralized, OCEAN tokens, data pools, ERC20 tokens, data wallets, liquidity staking, Web3.