Ocean (blockchain)

Ocean (blockchain)

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.

Ocean Protocol is a decentralized data exchange protocol that aims to unlock data for artificial intelligence. The company is headquartered in Singapore, Singapore and was founded in 2017 by Bruce Pon, Christina Pon, Don Gossen, Chirdeep Singh, Trent McConaghy, Daryl Arnold, Dimitri De Jonghe, and John Enevoldsen. 

It intends to create decentralized data markets, and incentivize the creation of a global data commons by rewarding data providers, data curators, and data keepers. The Ocean Protocol network is powered by its own native cryptocurrency token called OCN.


Initial coin offering

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. 


The following companies are engaged in partnships with Ocean Protocol: BigchainDB, DEX, Interplanetary Database (IPDB), X Prize Foundation, and Mattereum. 

Ocean Protocol is a business, technical, and governance framework that allows data and services to be shared and sold. Ocean Protocol stores metadata, links to data, provides a licensing framework and has toolsets for pricing. Data marketplaces can hook into Ocean Protocol to provide "last mile" services to connect data providers and consumers. Ocean Protocol is designed so that data owners cannot be locked-in to any single marketplace.


January 1, 2017

Founding of Ocean Protocol

In 2017 Bruce Pon, Christina Pon, Don Gossen, Chirdeep Singh, Trent McConaghy, Daryl Arnold, Dimitri De Jonghe, and John Enevoldsen founded Ocean Protocol.

Funding rounds

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Funding round amount (USD)
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Ahmed Ali

Software Engineer

Bruce Pon


Chirdeep Singh


Christina Pon


Daryl Arnold


Dimitri De Jonghe

Co-Founder & Head Researcher

Don Gossen

Co-Founder & Executive Director

John Enevoldsen


Matthias Kretschmann

Lead UI Design & Development

Sheridan Johns

Community Engagement Manager

Trent McConaghy


Further reading


A decentralized data exchange protocol, powered by blockchain technology and a native token

Ocean Protocol Foundation Ltd

A Decentralized Data ExchangeProtocol to Unlock Data forArtificial Intelligence

Ocean Protocol Foundation Ltd

Ocean Protocol: A Decentralized Substrate for AI Data & Services Technical Whitepaper

Ocean Protocol Foundation Ltd

Documentaries, videos and podcasts


Bruce Pon, Co-Founder - How will the Ocean token distribution work?

January 23, 2018

Don Gossen, Executive Director and Co-Founder - How Does Ocean Connect to Big Data

January 23, 2018

Fang Gong, Researcher - Bringing Privacy to Ocean Protocol

October 10, 2018




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the Guardian
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Leah Crane
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New Scientist
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September 18, 2019
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December 5, 2018
KONE Corporation, a global leader in the elevator and escalator industry, has won an order to provide advanced elevator solutions to Ocean, Meriton's first beachfront tower located at 84 The Esplanade, Surfers Paradise on Australia's Gold Coast., , , , Ocean is situated just north of the famous Cavill Avenue, a street and pedestrian mall in Surfers Paradise. It will rise to 75 stories and become the third tallest tower in the Gold Coast area. The tower will be home to both luxury residential a...