Latest Ocean Protocol news
NFT Platform set to help combat ocean pollution
An NFT platform is making waves because its product connects plastic recyclers and producers to collaborate on ocean recovery, here’s more on this development Plastiks by Nozama Plastiks was launched in 2012 by Nozama, a London-based sustainability technology company. The company created a marketplace where recyclers worldwide can convert invoice data to NFTs. With this […] The post NFT Platform set to help combat ocean pollution appeared first on NFT News Today.
'Ocean's Eleven' Director Steven Soderbergh Gives $300,000 to Crypto-Powered Film Fund
Oscar-winning director Steven Soderbergh is teaming up with Roman Coppola's Decentralized Pictures, a platform that uses crypto to fund films.
Ocean Protocol: A Web 3.0 Project Unlocking The Data Economy With NFTs
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Web 3.0 is emerging right in front of us. It allows for information to be shared in a decentralized manner and rewards participants by leveraging blockchain technology. Current Web 3.0 trends include NFTs and the Metaverse, but soon the broader crypto space will realize that “data” is the centerpiece of a decentralized digital economy worth trillions of dollars. According to the World Economic Forum, data could become the most valuable resource globally. The amount of data produced in the world will continue to increase forever, given the world's population, internet of things and innovations sprouting from various industries. Data covers a wide range of use-cases, ranging from a ‘Bored Ape’ profile picture, a Facebook user record or a dataset of consumer behavior optimized for artificial intelligence. Data: an exploited, illiquid asset The amount of data produced daily is immense, but unfortunately, it's not utilized. Private data is not under the owner’s control and is given out to companies for free, who then sell it. We don't realize that it has been used until our identity is stolen or we have a look at our spam email folder. While some companies sell their data, a vast majority of them lock it up because they lack the tools to monetize it. They are afraid of giving it out with nothing in return. This leads to the conclusion that our current data economy is broken and can't be depended on as the world evolves. Thankfully, there's a technology that could disrupt how data is exchanged, controlled, and monetized. It's called non-fungible tokens or NFTs. NFTs are becoming more popular as the day passes and massively adopted due to the many use cases they unlock. The NFT mania around Bored Apes and CryptoPunks, which sold for millions of dollars, encouraged users to speculate on digital art. However, NFTs have evolved. Regulating ownership of digital art is just one utility that is rather small. With NFTs, you can also regulate access to data. Whether it's an investment algorithm, a research report, or sensor data, NFTs can control access, and data owners have the liberty to share the data with whomever they please. Gone are the days when someone could exploit data or steal it for their gains. The idea to offer a platform with simple tools for data owners to create NFTs for their datasets is not popular yet. But, Ocean Protocol is here to change all of this. Ocean Protocol: Building a Data Marketplace for Data Tokenization Ocean Protocol is the first to leverage the NFT concept to create a data marketplace where users can turn their data assets into Data NFTs. You can tokenize, control access, and monetize your data just by having a Web 3.0 wallet and an internet connection. Because of this remarkable initiative, the World Economic Forum has awarded Ocean Protocol a technology pioneer in 2021. The beta version of Ocean Protocol was launched in late 2020 when the Marketplace experienced an unexpected demand for tokenized datasets. This year, in Q1 precisely, the team is making giant strides to make creating Data NFTs safer and more convenient. Very soon, Ocean Protocol will launch "Ocean Data Market v4." Not only will Ocean Data Market v4 create an intuitive experience for Data NFT creators, but it will also reward yield farmers to participate in data farming rewards and regulate the data market. Also known as Ocean Farming, the data farming program will incentivize staking on premium-quality data assets with the protocol’s native token OCEAN. Through NFTs, Ocean Protocol is shifting the paradigm of data ownership and access. Data owners can leverage the protocol to generate revenue when creating NFTs of their datasets. The owner can also allow others to access the data by creating sub-licenses in Datatokens. Ocean Protocol will be unveiling the tools for creating Data NFTs soon. Get ready and learn more by visiting Data Whale’s Ocean Data Market Tutorials and download ALGA, the first mobile wallet for blockchain data assets. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
About Ocean Protocol
This article discusses the current OCEAN price and the OCEAN price predictions provided by reliable sources. Can OCEAN reach a new all-time high in the future? What does the OCEAN coin technical analysis indicate? Why is it important? What will the OCEAN price look like in 2021-2025? Is the OCEAN coin a good investment right now? Let’s dive in and decide for ourselves.
Ocean Protocol Real-Time Status
OCEAN current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget
Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.
Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.
Catch up with the latest crypto data by using the widget below.
Ocean Protocol Technical Analysis
Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.
Ocean Protocol Price
You can check the OCEAN price through CoinJoy's crypto portfolio tracker. Choose OCEAN from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.
The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.
How To Buy Ocean Protocol
You can choose one or a few ways to purchase OCEAN. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support OCEAN tokens and allow you to store them. Locate the OCEAN address starting from 0x. Sign up with OCEAN and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.
Purchase as many OCEAN coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.
There are various other exchange services that may support OCEAN. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.
Ocean Protocol Price Prediction 2022
We have gathered the latest Ocean Protocol price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Wallet Investor is prominent that Ocean Protocol prices will increase, forecasting a potential bullish trend in 2022. According to the website algorithm, investors may be expecting an average of $0.457, with a potential maximum of $0.457, and a minimum of $0.214.
Trading Beasts has set the following targets for Ocean Protocol in 2022: an average of $0.285, a maximum of $0.357, and a minimum of $0.243. Based on the provided data, purchasing Ocean Protocol might be a good long-term investment.
PricePrediction.net has come out with a positive price prediction for Ocean Protocol: an average of $0.27, and a minimum of $0.26 is what holders could be anticipating in 2022.
Ocean Protocol Price Prediction 2023
Similarly, Trading Beasts indicates an average of $0.246, a maximum of $0.308, and a minimum of $0.209 for Ocean Protocol.
Based on the information provided by key indicators, PricePrediction.net believes that Ocean Protocol prices could grow next year. The website forecasts the following prices for Ocean Protocol: an average of $0.39, a maximum of $0.46, and a minimum of $0.38.
According to Wallet Investor, Ocean Protocol prices are estimated to show negative downtrend signs in 2023, reaching an average of $0.026, with an expected maximum of $0.009, and a minimum of $0.018.
Ocean Protocol Price Prediction 2024
Trading Beasts expects a continuous positive trend for Ocean Protocol throughout 2024. The prices are likely to range between a maximum of $0.33 and a minimum of $0.224, with the average price reaching $0.264.
PricePrediction.net has set an average of $0.56, a maximum of $0.66 and a minimum of $0.54 for Ocean Protocol in two years, therefore predicting value growth for the token.
As for 2024, Wallet Investor is bearish on Ocean Protocol. Investors should watch out for a potential average of $0.011. The website also indicates a maximum of $0.004 and a minimum of $0.007 in two years.
Ocean Protocol Price Prediction 2025
Trading Beasts is also indicating an increase in Ocean Protocol prices, starting from the minimum of $0.264 and reaching as much as $0.388. The expected average price is $0.311.
Furthermore, PricePrediction.net is seemingly enthusiastic about Ocean Protocol prices in 2024. The website forecasts that the price may go up to as much as $0.92. The expected average price is set at the $0.78 level, whereas the expected minimum price is $0.75.
In 2025 Wallet Investor views Ocean Protocol negatively. According to the website algorithm, the expected average price is $0.011, with potential maximum and minimum prices reaching $0.008 and $0.004 respectively.
Ocean Protocol Price Prediction 2030
Trading Beasts predicts that the bullish trend will remain strong for Ocean Protocol in 2030. Investors could be expecting an average of $0.363. The maximum and minimum prices might hit $0.433 and $0.294 respectively.
Last but not least, based on the sentiment from PricePrediction.net, Ocean Protocol prices will continue to grow in the long run, with the average price reaching the $5.38 level. The expected maximum price is $6.14 and the potential minimum is $5.2.
According to the long-term forecast from Wallet Investor, Ocean Protocol has bad investment potential. The prices could reach $0.011 on average, whereas the maximum price could go up to as much as $0.012, and the minimum price could hit the $0.01 point.
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
Is Ocean Protocol a good investment?
According to the experts' forecasts, Ocean Protocol will be a good investment.
Does Ocean Protocol Have Potential?
The OCEAN is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since Ocean Protocol forecast is positive, It has potential.
How much will Ocean Protocol be worth in 2022?
In 2022 the price of OCEAN is expected to reach $0.3, based on the forecasting from various sources.
How much will Ocean Protocol be worth in 2023?
In 2023 the price of OCEAN is expected to reach $0.46, based on the forecasting from various sources.
How much will Ocean Protocol be worth in 2024?
In 2024 the price of OCEAN is expected to reach $0.66, based on the forecasting from various sources.
How much will Ocean Protocol be worth in 2025?
In 2025 the price of OCEAN is expected to reach $0.92, based on the forecasting from various sources.
How much will Ocean Protocol be worth in 2030?
In 2030 the price of OCEAN is expected to reach $6.14, based on the forecasting from various sources.