What is Ocean Protocol?

Ocean Protocol is a crypto project that lets people share, sell and use data and AI computing power through blockchains. It turns datasets and data services into tokens, so access can be bought, transferred and tracked onchain. Its token is OCEAN.

What does Ocean Protocol do?

Ocean's docs describe three core tools:

• Data NFTs and datatokens. A data service is published as an ERC-721 NFT, which represents ownership, and ERC-20 datatokens, which act as access passes. Holding one datatoken grants access, and using the service spends it. Our guide to ERC-20 tokens explains that standard.
• Compute-to-Data. Instead of handing over a private dataset, the owner lets buyers run computations on it where it is stored. Only the results leave, so the raw data stays private.
• Ocean Nodes. These let people turn spare computing power, including GPUs, into infrastructure that others can pay to use for AI work.

As of October 2026, Ocean's website also lists Predictoor, a tool for running AI-driven prediction bots on crypto price feeds, and Ocean Network, where users pick a template or model, run it and pay only for what they use.

What is the Ocean Protocol token used for?

Ocean's glossary describes OCEAN as a utility token for the ecosystem. It can be used to buy and sell data services, to stake on data assets and to take part in governance.

What happened with Ocean Protocol and the Artificial Superintelligence Alliance?

In 2024, Ocean joined Fetch.ai and SingularityNET in the Artificial Superintelligence (ASI) Alliance, which combined their tokens into one. OCEAN holders could convert at a fixed rate of 0.433226 FET per OCEAN. Our guide to Fetch.ai covers the merger in detail.

On October 9, 2025, the Ocean Protocol Foundation resigned from the alliance. The Block reported that Ocean cited independent funding and tokenomics, and said part of the profits from future spin-outs would go to buying back and burning OCEAN. By then about 81% of OCEAN had been converted to FET. Roughly 270 million OCEAN remained, and the conversion bridge run by Fetch.ai stayed open.

The exit led to a public dispute. Cointelegraph reported that Fetch.ai accused an Ocean-linked multisig of converting about 661 million OCEAN into 286 million FET and moving much of it to an exchange and a market maker. Fetch.ai's CEO offered to drop legal claims if the tokens were returned. Ocean denied wrongdoing, and founder Bruce Pon promised a point-by-point rebuttal. Anyone holding old OCEAN should confirm the current state of conversion and listings with official channels, and see what is a token migration for the scams that copy these swaps.