Ocean Protocol
OCEAN
Watchlist
₹0
LIVE
Watchlist
Price of OCEAN today
The current live price of OCEAN today is ₹0, with a 24-hour trading volume of ₹6,87,72,312.78. Our OCEAN to INR price is updated in real-time. OCEAN has seen a increment of 9.03% in the last 24 hours. With a live market cap of ₹0.00 , the circulating supply is at 0.000 OCEAN coins, with a maximum supply of 1,410,000,000OCEAN coins.
Ocean Protocol Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | ₹0.00 | 0% |
7 Days | ₹0.00 | 0% |
30 Days | ₹0.00 | 0% |
1 Year | ₹0.00 | 0% |
Ocean Protocol Price Information
Price Change (1hr)
0%
Price Change (24hr)
0%
Price Change (7d)
0%
Ocean Protocol Market Stats
Market Cap
₹0.00
Fully Diluted Market Cap
₹72,04,26,25,189.22
24hr Volume
₹6,87,72,312.78
197.85%
Circulating Supply
0 OCEAN
Total Supply
1410000000 OCEAN
Things to know about Ocean Protocol
What is Ocean Protocol (OCEAN)?
OCEAN is an ERC-20 token on the Ethereum blockchain.
It is used for buying/selling data, governance, staking, and incentivising data sharing.
Tokenomics
The maximum supply is capped at 1.41 billion OCEAN tokens.
Distribution for network rewards, Ocean Protocol Foundation, team, and early investors.
A significant portion is allocated for community and ecosystem
incentivization
incentivisation
Market Data
As of today {today’s date}, the price of {token name} is {coin price inr} INR or {coin price usd} USD, with a 24-hour trading volume of {daily volume} USD. The market capitalization is around {market cap}USD. The circulating supply is {circulating supply} { token name}, with the total supply also being {total supply} {token name}.
Token Pros and Cons
Pros:
It facilitates a decentralised data marketplace, enabling secure, privacy-preserving data sharing and monetization.
Incentivises data providers and consumers through token rewards.
Supports community governance, allowing token holders to participate in decision-making processes.
Cons:
OCEAN faces competition from other data marketplace and blockchain projects.
It is dependent on the broader adoption of blockchain technology for data sharing.
The regulatory uncertainties around data sharing and monetisation could impact its adoption.
Why Should You Invest in the Coin?
Importance of data and AI in industries.
Potential value capture as the data economy expands.
Governance and incentive mechanisms could drive adoption and demand.
USP of the Coin
Tokenizes
Tokenises
data assets for
monetization
monetisation
while preserving privacy.
Addresses data economy challenges: secure, transparent, equitable data exchange.
Problem the Coin is Solving
Solves issues of data silos, lack of data control by creators.
Enables secure, transparent,
and
fair data sharing and
monetization
monetisation
Founder and Team Background
It was founded by Bruce Pon and Trent McConaghy, who have backgrounds in business/finance and AI/big data.
The team includes experts in blockchain, data science, and business development.
ICO Price
ICO price was $0.12 in April 2019 IEO.
Raised approximately $6.77 million with 56.4 million tokens sold.
Risks Associated in Investing in the Coin
Market volatility, regulatory changes in data sharing/
monetization
monetisation
Competition from other projects and technical challenges in blockchain/data tokenization.
Whitepaper Insights
securely and transparently. The protocol uses blockchain technology to create a trustless environment for data exchange, leveraging smart contracts to automate transactions and ensure compliance with data-sharing agreements.
their data while maintaining control and privacy. Data consumers, such as AI researchers and analysts, can purchase datatokens to access high-quality, verified data sets.
data sharing and ensure the integrity of the data marketplace. One such mechanism is staking, where OCEAN token holders can stake their tokens on data assets they believe are valuable. This signals the data asset's quality and allows stakers to earn a portion of the transaction fees generated from the sale of the associated datatokens.
The protocol also incorporates a governance model that allows OCEAN token holders to participate in decision-making processes, such as proposing and voting on improvements to the protocol. This ensures that the development of Ocean Protocol is community-driven and aligned with the interests of its users.
Ocean Protocol’s architecture is designed to be flexible and scalable, supporting a wide range of data services beyond simple data sharing. These include compute-to-data, which allows data to be processed on its hosting environment without exposing the raw data, and data farming, where data providers are rewarded for providing high-quality, valuable data.
of the Ethereum blockchain.
, creating a more open, equitable, and efficient data economy. By leveraging blockchain technology and tokenization, Ocean Protocol provides a secure and transparent platform for data exchange, empowering data providers and consumers to unlock the full value of data.
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Investment Amount
Investment Period
6M
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OCEAN to Converter
Quantity
OCEAN
Price
₹
Price as per 03:40 PM • 29 Oct 2024
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What is the price of Ocean Protocol (OCEAN)?
The current price of Ocean Protocol (OCEAN) in INR is ₹0 INR.
What is the current OCEAN market cap?
The current market capitalization of Ocean Protocol (OCEAN) is ₹0.00 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of OCEAN by the number of coins in circulation.
What is the current supply of Ocean Protocol (OCEAN)?
The current supply of Ocean Protocol (OCEAN) is 0 OCEAN. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of Ocean Protocol (OCEAN)?
The 24-hour trading volume of Ocean Protocol (OCEAN) in INR is ₹6,87,72,312.78. This figure represents the total value of all OCEAN transactions across various exchanges within the last 24 hours.
How to Buy Ocean Protocol (OCEAN) in India?
To buy Ocean Protocol (OCEAN) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in OCEAN.
Can I buy Ocean Protocol (OCEAN) with UPI?
Yes, you can buy Ocean Protocol (OCEAN) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert Ocean Protocol (OCEAN) to Indian Rupee (INR)?
To convert Ocean Protocol (OCEAN) to Indian Rupee (INR), you can use our OCEAN/INR conversion rates in real time.