An ecosystem for sharing data and associated services. It provides a tokenized service layer that exposes data, storage, compute and algorithms for consumption with a set of deterministic proofs on availability and integrity that serve as verifiable service agreements.
On March 9, 2018 Ocean Protocol held their initial coin offering (ICO) selling approximately $20 million worth of their platforms native cryptocurrency Ocean (OCN). During their ICO Ocean Protocol allocated 10% of their total supply of 1,410,000,000 of OCN. Notable participants of the ICO include: Zeroth, Synapse Capital, Outlier Ventures, Kosmos Capital, Fabric Ventures, and Julian Sarokin.