Tools for the Web3 Data Economy
The utility token for Ocean protocol is OCEAN. It has multiple utilities including staking, governance and buying and selling data. Users earn rewards for staking OCEAN on data assets in the Ocean market. OCEAN holders are also able to vote for community projects to fund via the OceanDAO. This will help the Ocean platform to rise according to the Ocean community rather than a centralised party. In addition, OCEAN will act as a medium of exchange for buying and selling data in the Ocean market. There is a maximum supply of 1.4 billion OCEAN.
Kosmos Ventures, IOSG Ventures, Fabric Ventures, Outlier Ventures, Zeroth.AI, Visary Capital, Nodex Capital, Bamboo Sea Ventures, Julian Sarokin, George Burke.