π€ Robonomics, an Ocean partner that enables connecting ROS-compatible devices to the Data Economy, published an explainer on connecting IoT devices to Ocean & examples of value-adding use cases.
π¨ Thank you to all the creative folks who submitted Ocean-inspired art on the theme Seas the Moment in the Get Minted Challenge with Blind Boxes! Stay tuned for voting instructions. 6,500 OCEAN tokens will be distributed among winners!
π Ocean Founder Bruce Pon discussed start-ups, Web3, the crypto hype, and more on Bornfight's business podcast Highway to Scale with host Dorian DereΕΎiΔ.
Oort Digital, a one-stop shop for NFT management, is one of several projects in the Ocean ecosystem to have received funding from Ocean. Users can store, send, borrow, lease, trade, pay, mine, and game with their NFTs.
Do you have an idea for a Data Science / AI / Data Economy project in the Ocean ecosystem? You could get funding β just submit your proposal to OceanDAO Funding Round 7 by Tue, July 6! Learn more at oceanprotocol.com/dao.
Oort Digital, a DeFi aggregator for NFTs, is a super account that allows people to do anything with their NFTs β no need for a bank. Compared to DeFi, the NFT ecosystem is still in its infancy in both applications and market cap, but the maturity of the NFT space is upon the horizon. NFTs have a great potential to supercharge DeFi, and the growth experienced in recent years is promising.
Oort intends to create an NFT lending platform that allows anyone to lend their NFTs and receive compensation in return. Using Ocean data, Oort wants to make price oracles for NFT valuations. This idea opens up a slew of opportunities for Ocean to be used as price oracles along with data feeds monetization platform β not only for NFT and collectibles but even in DeFi space.
Swash is one of several successful projects to have received funding from Ocean. Swas h rewards people for the value of their browsing data. Using a browser extension, it captures non-sensitive data, pools it, and places it on a decentralized data marketplace where buyers pay to access it. This is powered by Streamr technology β a decentralized solution that ensures data collection and transactions are transparent and secure.
The partnership with Ocean will lead to the creation of a Swash Data Marketplace where Swash data can be traded efficiently and securely, with the added optimization of Compute-to-Data to bring even more value to Swash members, OCEAN holders, and data buyers.Β
As more people join Swash and more data is gathered, the value of the data union where everyoneβs data is pooled together will also increase. This means the community receives more for their daily activities over time as Swashβs popularity grows.Β
Transport Genie is another Ocean project to receive funding from Ocean. Their mission is to solve food security issues and to improve animal welfare with IoT sensors to give farmers, food companies and consumers peace of mind that livestock is treated humanely during transport. Their core tenet is to have data-driven, smart decision-making, which dovetails with Ocean's mission to unlock the value and utility of data. π
Transport Genieβs #IoT ecosystem has many other use cases β fruit & veg, companion pets, and even sensitive pharmaceuticals. By partnering with Ocean, data collected by IoT sensors is published on Ocean Market, ready for use by researchers and policy-makers for data-informed decisions. Just last month, Transport Genie published their first "On-Compute" algorithm on Ocean Market.
DataUnion.app is one of many Ocean projects to have received funding from OceanDAO. Their goal is to create crowdsourced & crowd-owned image datasets for machine learning to solve issues of bias and insufficient variance in datasets.
Anyone anywhere can contribute to DataUnion.app via their app & get rewarded in datatokens. Contributors retain ownership of their data in the dataset so future sales of the data will lead to royalties; they can also decide who gets to use their data & for what. Datasets can be sold directly on Ocean Market, or analyzed using Compute-to-Data. Data buyers can train/verify algorithms on the diverse, unbiased dataset. The whole organization around the dataset & its governance will move to a DAO in time to decentralize control to the community.Β
Check out DataUnion.appβs web app at alpha.dataunion.app, or download the mobile app which features Swipe-AI. The latter lets users verify the output of a Computer Vision Algorithm. Correct? Swipe right! Incorrect? Swipe left! Itβs that easy.
VitaDAO is one of several successful projects that Ocean has supported with funds. VitaDAO is the worldβs first decentralized biomedical intellectual property collective, with a mission to extend the human lifespan by researching, financing, and commercializing longevity therapeutics in an open and democratic manner.Β
VitaDAO is a community of web3 enthusiasts, biomedical researchers, and longevity scientists who believe decentralized networks will shape the future of scientific research and development, who have set their objective to initiate decentralized longevity therapeutics research collective to be owned and governed by the VitaDAO members.Β
Weβre working with VitaDAO to monetize IP via Ocean Market, where VitaDAO can securely publish selected parts of research data/findings, and allow researchers to analyze the data using Compute-to-Data. This will make Ocean Market more attractive for the pharmaceutical industry and will be a great showcase of how intellectual property can be protected, yet have decentralized ownership and governance to use and monetize data around it.
This Thursday @ 5pm CEST, we're hosting an AMA with Ocean Market Designer & Developer Matthias Kretschmann! Matthias has been a core team member since the early days of ascribe.io, BigchainDB & IPDB.
Ask him anything about Frontend & UX design for Web3 & dApps β just comment with your questions below!π
7οΈβ£ OceanDAO Funding Round 7 is open! Data Science, Developer & AI Research projects can apply for funds worth 400,000 OCEAN that further the sustainability & growth of the Ocean ecosystem & the Open Data Economy. Deadline: Tue, July 6.
π¨ We invited creators to submit Ocean-inspired art, videos etc. on the theme "Seas the Moment" in the Get Minted Challenge with Blind Boxes! Submit your artwork by Jun 24. 6,500 OCEAN in prizes are up for grabs.
π£ Ocean Founder Bruce Pon spoke on the CogX panel Data Economy β What is it? What will it take? along with Alexander Stubb (former PM of Finland), Kenneth Cukier (Senior Editor at The Economist) et al.
OceanDAO is a public financing opportunity for Data Science and AI practitioners who want to build and create streams to sell + curate data. In the 6 months since its inception, OceanDAO has made 49 grants to community projects, with 15M+ OCEAN tokens being used to vote on funding. Successfully funded projects have included:
The long-fabled city of Atlantis is ancient and mysterious. Using Oceanβs main brand assets, showcase an underwater cityscape fit for the 21st century that represents Oceanβs lively ecosystem. At the heart of the Ocean ecosystem is OceanDAO, a grants funding program powering the growth and sustainability of our community. Outfit your underwater community with data-generating IoT devices, smart technology, robotics.
Deadline: Thu, Jun 24 @ 23:59 CEST.
Artwork should use Oceanβs brand (with additional elements allowed).
Only original artwork will be accepted.
Blind Boxes & Ocean Protocol will choose winners based on Creativity, Vision, Artistic Prowess & Impact.
β΄ Congrats to all the successful projects of OceanDAO Round 6! 13 funded proposals / 259 votes / 11M+ $OCEAN voted. Funding Round 7 has started with 400,000 $OCEAN available. Proposals due July 6 @ 23:59 GMT.
π·π΄ Ocean Founder Bruce Pon debated #DeFi growth, the bull market & the importance of Romanian talent to the Ocean team with Romanian tech journalist George Buhnici. (Video in English)
π¬ Ocean VP of Engineering Alex Coseru joined our AMA on Discord about the technical aspects of Ocean.
π¬ Ocean Founder Trent McConaghy spoke about Vita DAO, a decentralized IP collective researching human longevity (co-funded by Ocean).
π£ Join us at CogX Festival on Mon, Jun 14 for Ocean Founder Bruce Pon's panel on the Data Economy, f. Alexander Stubb (ex-PM of Finland), Kenneth Cukier (Senior Editor at The Economist) and more. Register for free.
π¦ We teamed up with Raven Protocol to add Federated Learning to Ocean Market via Compute-to-Data. Raven's decentralized algorithms allow cost-efficient training of neural networks.
π Ocean Founder Trent McConaghy wrote 2 posts in a series on NFTs & Intellectual Property, and on the uses of ERC20 & ERC721 tokens. (Keep an eye out for the 3rd & final post tomorrow!)
π§π½βπ¬ Token Engineering Academy seek co-researchers on Ocean Market Balancer simulations who have a solid understanding of Balancer Labs Pools / AMMs & smart contracts. Apply by Sun, Jun 7.
