Ocean Protocol

Ocean Protocol is a data-sharing ecosystem designed to let data owners publish, license, and monetize their data and algorithms without giving up direct control of those assets. It targets the problem of data being locked inside siloes, particularly where that data could otherwise be used to train or improve artificial intelligence systems. The intended users range from individual data providers to enterprises and AI developers who need access to datasets they cannot easily obtain elsewhere.

Ocean Protocol runs across several blockchain environments, including Ethereum, Polygon, Optimism, and others listed in its ecosystem categories, using smart contracts to represent data assets and services as tokens. The OCEAN token is used within the protocol for staking on data services, which is intended to signal quality and reputation and to discourage fraudulent actors, and it also functions as a medium of exchange within data marketplaces that connect to the protocol. No consensus algorithm or block time is recorded for OCEAN itself, as it is a token rather than a base-layer blockchain.

The data provided does not include a recorded fee stream, revenue figure, or protocol earnings metric, so fee-based measures that this site might calculate for other assets cannot be populated here. What the data does show is that roughly 17.10 percent of the maximum supply of 1,410,000,000 OCEAN tokens is currently in circulation, with about 11.04 percent of the maximum supply not yet issued, representing potential future dilution. The ratio of fully diluted value to market capitalization stands at 1.11 on a point-in-time basis, reflecting that modest remaining issuance. Observers interested in the economics of the protocol would need to consult external sources for marketplace transaction volumes and any fee-sharing arrangements between the protocol and marketplace operators.