Redpill me about OCEAN

Heard a lot of good things about OCEAN Protocol. Redpill me anons

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Doing really transactions in its network

Its trying to set up a data market, the issue is only big tech and governments have a lot of valuable data and they won't sell any of it to a random crypto, its a good idea in theory but a pipe dream. Also the german bank asked them to create some data thing, but the data is just for them and their customers so isn't related to what ocean is trying to do.

had swash drain half my ocean stak, looks like an awesome token

>they won't sell any of it to a random crypto
They do have tons of partners and a huge ecosystem tho right

Also correct me if i'm wrong but they aren't really selling the data to a random crypto right, Ocean is only like the middle man?

the more important thing is, that people who don't work in a company can privately create datasets that will be useful for companies. the potential lies especially in the fourth industrial revolution when robots take over our jobs. the whole world will eventually be digitalized and data will be more valuable than gold at this point. even now the data market creates moves within astronomical prices.

The partnerships are huge with this one
The data market is live and you can make a really nice profits just by providing liquidity to the data there (50x and such) i suggest digging up more at Ocean_Farm tg group, it will become more mainstream once Binance AMA will occur soon. Get in early >> market.oceanprotocol.com/

How does that work tho? If you could make 50x that means theres huge risk to it

It’s seriously undervalued. Not as good as chainlink, but definitely at top 30-20 coin. Better get in soon before they announce their NDA partnerships

Central Bank of Germany all I'm saying

Don't be retarted

It's a piece of shit

well its 1 week old.. early moonbois are holding it atm, and the second biggest dataset is only $800k marketcap;; everyday new blood comes in and pump it, binance ama soon will push the entire market to the skies, atm we are just providing liquidity to it really

The project is good, but 90% of the data market is made of scams.
I spend 15 ocean in a university project there, just to experiment with it. Lost all in a matter of minutes.
Many others also reported the same happening with other datasets.
The site warns about rugpulls, but they seem to be the rule, not the exception.
Im just waiting to do a 2x or 3x, then I will switch it back to eth, or maybe buy some link.

Really? I haven’t lost anything and I’ve been using for a week

So since the governance utility of the token is not working yet, the majority of crypto traders don't use the token to buy or sell data in the market and the staking utility is mostly rugpulls, the token itself is useless atm

It's anti-semitic.

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Thats not anti-semitic its just data

Yep it definitely won't work anons. Definitely. Don't research yourself but take my word for it.

Not gonna work. So give up. Don't buy any. Trust me and don't even BOTHER researching yourself.

Won't work. Don't buy. Please don't buy it.

It won't work,

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still not gonna work sorry user i didnt do x10 within 1 day user

how many to make it?

500k

meant 50k

not all of us have 25k user

then you should have started investing in crypto in 2017. but even if you don't get a make it stack(goal: $5 million), you can still make decent gains

yeah well some of us were still gaming. thanks tho based user. i'll buy as much as i can afford.

I guess

Still a lot of hype around it and the project itself is good. Might still be a good investment

bitch and moan all you want.

you see how easy it is for plebs to get addicted to the data market. it'll pump in the bull run and user is right. 50k likely gets you your asian waifu in a cozy house with plenty left over.

Just add liquidity to swash and hold long term. It's that fucking easy.

Stop gambling all your money away and get off biz for a while.

Wait we're suppposed to provied liquidity for this coin? I was just holding it