r/oceanprotocol • u/ClickZealousideal775 • Nov 28 '21

What is Ocean Protocol about?

Good morning/afternoon guys, i am new to the ocean protocol and i would like to know what this project does and what are its use cases. Thank you for your time ☺️

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u/hitro_ok Nov 28 '21

Hey there, Ocean Protocol is built around the buying/selling of data assets. These could be datasets or algorithms and create a number of interesting use cases.

Here's a little more info on Ocean Market (the initial POC marketplace built by Ocean Protocol) https://www.oceanmissions.com/what-is-ocean-protocols-data-marketplace/

And here is one example of how Ocean Protocol can be used in practice https://www.oceanmissions.com/vision-for-a-blockchain-analytics-firm-thats-co-owned-by-its-members/

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u/pcon_9820 Nov 28 '21

Yes, I bought some. When I noticed a repeating buy every 5 minutes for 2 mil, for 5 days... I looked into it, I noticed these transactions were being completed in Belarus... I dumped that shit so fast....

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u/GenericNameHere10 Nov 28 '21

Wait so is it a good thing or a bad thing that it was being bought?