Question 1

What is OCEAN?

Accepted Answer

Ocean Protocol is a blockchain-based platform that aims to create a decentralized data economy. It provides a secure and transparent way for data providers to share their data with data consumers, while maintaining control over how their data is used and who can access it.

The Ocean Protocol network is powered by a native utility token called OCEAN, which is used to access various features and services within the platform.

Question 2

Who created OCEAN?

Accepted Answer

Ocean Protocol was created by a team of experts in the fields of blockchain, data science, and AI. The team includes CEO Bruce Pon, CTO Trent McConaghy, and COO Chirdeep Singh, among others.

Question 3

What is OCEAN used for?

Accepted Answer

OCEAN is primarily used as a means of value transfer within the Ocean Protocol ecosystem. It is used by data providers to sell their data to data consumers, and by data consumers to purchase and access data from the network.
In addition to data sharing, OCEAN is also used to incentivize network participants to perform important tasks such as data curation, data staking, and governance decisions.
Overall, Ocean Protocol aims to create a more open and equitable data economy by empowering data providers and consumers to share and access data in a secure and transparent way, while providing incentives for network participation and contribution.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	OCEAN-USD OCEAN-USD	coinbase	AA	0.1273USD	-0.55%	50,817.10OCEAN	338	0.1280USD	0.1292USD
2	OCEAN-USD OCEANUSD	kraken	AA	0.1266USD	-0.86%	25,462.77OCEAN	63	0.1277USD	0.1282USD
3	OCEAN-EUR OCEANEUR	kraken	AA	0.1137EUR	0.09%	528.10OCEAN	2	0.1136EUR	0.1137EUR
4	OCEAN-BTC BTC-OCEAN	upbit	B	0.0₅1500BTC	0.00%	4,156.98OCEAN	2	0.0₅1500BTC	0.0₅1500BTC
5	OCEAN-USDT OCEANUSDT	binanceusa	B	0.09870USDT	-26.34%	247.00OCEAN	19	0.1340USDT	0.1340USDT