In this age of technology, it is common to hear that data is the new oil. Individuals and companies are becoming more educated about data leaks and invasion of privacy. Consequently, they are becoming more focused and protective over who owns and controls their data. This is where projects like...
Ocean Protocol is another project making waves in the blockchain space by facilitating secure sharing and monetization of data. At the center of this ecosystem is the Ocean token, the currency that powers the network and provides incentives for participant engagement. To participate meaningfully on the OCEAN platform, you will...
As the central unit of value in Ocean Protocol’s ecosystem, Ocean Token underpins a secure decentralized data marketplace. It acts as a utility token, powering everything from protocol operations to rewarding users for engaging within the ecosystem. Ocean Protocol unlocks the value of data with a secure and open data...
Now picture a world where your personal data is no longer a mere commodity to be bought and sold by anonymous companies. A more intuitive world in which you have greater control over your data, and can realize the value it brings when shared. For many years now, the data-driven...
As the blockchain and digital assets space continues to evolve, getting — and staying — out in front goes beyond keeping an eye on current market developments. It requires a nuanced understanding of the technologies and standards that are creating the future aspects of data exchange. We at BlockchainShock.com are...
Ocean Token, the utility token of the Ocean Protocol, seeks to decentralize data sharing and monetization. Like any cryptocurrency investment, knowing the risks and rewards that come along with Ocean Token is imperative. This article provides a balanced overview for potential investors, covering its functionalities, market performance, and associated challenges.Introduction...
So, the promise of decentralized data marketplaces — such as what’s made possible by Ocean Token — is definitely exciting. Direct transactions, data ownership in the hands of creators – it's a vision of a fairer, more efficient data economy. Yet, are we so blinded by the possibilities that we...
Flashy Fun’s “Dig It,” which is offering up to $10 million in gold rewards, has definitely got me excited! It’s difficult not to get caught up in the promise of converting digital taps into real world treasure. Before we all run to our phones, let’s add a little reality check...
And we must remember that the gaming and crypto world is ever-changing. It provides new creative mechanisms for gamers to interact with their digital worlds and earn rewards. Dig It, a new Web3 game, is leading the charge with “Play for Gold” (P4G) enabling players to earn Nuggets tokens redeemable...
Omar Zaki. The name may evoke all kinds of different visions, depending on when you came to the world of crypto. Boy wonder? Visionary? Or perhaps now, a cautionary tale? Whatever your initial reaction, Zaki's story, with American CryptoFed DAO, demands we take a long, hard look at ourselves as...
Omar Zaki. Remember the name. He’s much more than just another cautionary crypto tale—he’s a flashing neon sign warning of deeper crypto fissures. Yet, his story—with the SEC now looking closely at American CryptoFed DAO—is not the cautionary tale of one young man’s mistakes. It’s not about pointing fingers, it’s...
The whole cryptocurrency space is like the new gold rush. It offers unimaginable wealth to those courageous enough to plunge beneath the waves. But beneath this sea of potential profit lies a deep well of risk that is important to understand. Omar Zaki’s tragic story should underscore the importance of...
The GMX community recently faced a significant decision: how to reimburse liquidity providers (LPs) after a protocol incident. The vote, centered around a $42 million reimbursement, pitted two options against each other: GLV tokens and stablecoins. With so much at stake, Emily Tran sat down to weigh the advantages and...
Just the other day I interviewed Sarah, a single mom. She poured her life savings into GMX, wanting to develop a safety net for her two children. The exploit hit her hard. She ultimately lost the bulk of her investment, cash she severely needed. It's easy to get lost in...
Imagine ancient Athens, the birthplace of democracy. It was directly democratic — citizens gathered, debated and voted on every issue of state. Sounds idyllic, right? Except, Athenian democracy excluded slaves, women and non-Athenians – a rather big slice of the population. Now, fast forward to present day…and GMX’s $42 million...