Technical Whitepaper
Thorough description of Ocean Protocol, in an academic flavor.
Seed
November 2017
Ocean Token seed distribution
Technical Primer
Whitepapers
February 2018
Pre-Launch
March 2018
Ocean Token pre-launch distribution with 3500 Contributors in 100 countries
Activated community & built up the team
Announced partnership with IBM Watson AI XPRIZE
Advisor Program launched with 40 advisors in 20 cities
Bounty Program with 15 bounties and 88,000 PROCN tokens offered
Plankton
August 2018
Spree test network created
Ocean Enhancement Proposals introduced
Pleuston, a proof-of-concept data marketplace
v1 Alpha (Trilobite)
December 2018
Spree test network updated
Development and documentation of Ocean network components
Building global community: 130+ events, 35+ advisors, 120+ ambassadors in 40 countries, 15+ bounties)
Partnerships & collaborations: MOBI Grand Challenge, Fitchain
v1 Beta (Tethys)
April 2019
Nile beta network deployed, with Service Execution Agreements, Access control, Metadata store
Project Manta Ray, a data science workflow powered by Ocean Protocol
More collaborations announced
v1 Pacific
2019
Pacific network launch, Ocean's PoA Mainnet
Token bridge between Ethereum Mainnet and PoA network
Commons Marketplace update including AI for Good channel, stability of consume flow, and metadata validation
IPFS integration for decentralized asset file hosting
Enterprise Marketplace (beta)
March 2020
Decentralized/non-custodial data marketplace
Customizable marketplace for data providers
Deployed with a strategic partner
v2 Compute-to-Data
May 2020
Unlock private data while preserving privacy, by bringing compute to the data
Integrated with Enterprise Marketplace: buy & sell private data while preserving privacy
v3 Datatokens
October 2020
Platform refactored for simplicity featuring datatokens and Balancer pools
Running on Ethereum Mainnet
Updated token design in smart contracts including incentives and staking
Ocean Market (beta) as a community marketplace to buy & sell datasets, and introducing Initial Data Offerings (IDO)
OceanDAO
December 2020
A grants DAO providing community funding for growth & long-term sustainability
Funding for: build/improve apps and integrations, outreach/community, unleash data, and build/improve core software
Projects are proposed and curated by the community
Fix gas costs
Q1 2021
Deploy Ocean contracts and other components on a second chain -- Polygon
Ocean Market users can buy and sell data assets on Ethereum mainnet and on Polygon
Addresses the exceedingly high gas costs found on Ethereum mainnet
Includes an OCEAN bridge between Ethereum mainnet and Polygon
Compute-to-Data in Ocean Market
Mid April 2021 *
In Ocean Market: buy & sell private data while preserving privacy
Mitigates risk of buyer-supplied malicious algorithms, via pre-vetted algorithms
Permissioning
Q2 2021 *
Marketplaces can control which actors can publish assets in that marketplace, view assets, and consume data assets
Fine-grained permissions via Role-Based Access Control (RBAC)
Contracts flexibility (V4)
Q2 2021 *
NFT-ize base IP to enable transfer of base IP, support >1 revenue streams, and more
Architecture for >1 datatoken type, for more flexible fees, pay-as-you-go C2D, and more
Help community monetize: 3rd party marketplaces can earn fees on from swapping, staking, and consuming, and have more control over fee rates
Incorporates Balancer V2
Frontend flexibility
Q2 2021 *
Enable non-OCEAN base tokens in 3rd party markets
OCEAN-backed stablecoin in Ocean Market
Better support free pricing flow for enterprise data sharing
Multichain assets not siloed
Q2 2021 *
Enable Ocean Market users to see data assets across >1 chains at once
Better staking / IDOs
Q3 2021 *
People can stake OCEAN in data pools without having to buy the data asset
Better align incentives of publishers, consumers, and liquidity providers
Ocean Data Farming
Starts Q3 2021 *
A program to incentivize a supply of relevant and high-quality data assets
Earn by staking on datatoken pools; earn more on assets with higher consumption
Total OCEAN granted will start small, and grow as total data asset consumption grows
Ramp up Data Farming
Q4 2021 *
Build on the learnings from Q3 to further scale up the OCEAN allocated, to further catalyze data consume volume
Trustless and convenient urls
Q4 2021 *
In Ocean Market, retain Ocean Market’s current convenience while removing its having brief custody of urls
Continuous improvements & growth
Ongoing *
Improve OceanDAO: streamline user flows and grow the amount funded over time, while retaining quality
Improve multi-chain: deploy to more chains, enable Ocean Market users to see data assets across several chains at once, and more
Improve data services: support ever-more data services as data assets. Over time include WebSockets, Chainlink, TheGraph, Streamr
* Software is sometimes hard to predict, so there might be delays. We will update projected dates once we are closer to a milestone's completion.
Ocean Papers
Business Strategy
Business and ecosystem context for Ocean Protocol. Note: partly out of date.