Ocean Protocol (OCEAN) currently has a price of $0.51 and is down -5.48% over the last 24 hours. The cryptocurrency is ranked 173 with a market cap of $299M. Over the last 24 hours, it saw $38.2M of trading volume. The token has a circulating supply of 589.6M tokens out of a total supply of 1.4B tokens.
Ocean Protocol is a decentralized platform that allows for the secure sharing and monetization of data. Using the OCEAN utility token, users can buy and sell data and services within the ecosystem. Stakeholders can easily access and control data, while smart contracts facilitate automated data exchange between providers and consumers. The protocol also focuses on AI, providing a decentralized marketplace for AI data and connecting data providers and consumers in a transparent and secure manner. Its interoperability with other Ethereum-based dapps and integration with De-Fi and other data monetization services make it stand out in the crypto sphere.
Disclaimer: The content was generated with the use of AI. For feedback and sponsorship enquiries, email [email protected].
© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.