Following the unsuccessful Veriblock IEO, Bittrex has just announced on Twitter that the second IEO will take place on April 30 (16:00 GMT / 18:00 CEST) ie 23h00 Vietnam time with the project. Ocean Protocol.
What is Ocean Protocol?
Ocean Protocol is a decentralized data exchange protocol to unlock data for AI. Through blockchain technology, Ocean Protocol connects data providers and consumers, enabling data sharing while ensuring traceability, transparency, and trust for all stakeholders. It allows data owners to provide value and have control over their data without being locked in any market. Ocean Protocol is committed to launching a new data economy by combining decentralized blockchain technology, a data sharing framework, and an ecosystem for data and related services.
Token Information and IEO Sale
| Opening time | 23h00 April 30 |
| End time | Sold out or lasts until 23:00 on May 3 |
| Total Supply at Bittrex International | 56,400,000 OCEAN |
| Total Token Supply | 1,410,000,000 OCEAN |
| Initial circulating supply | 353,107,000 OCEAN |
| Token Price | ~$0.12 USD (BTC price will be set within 24 hours before IEO session) |
| Limited individual purchases | ~$5,000 USD |
| Minimum individual purchases | ~$10 USD |
| Coins approved for purchase | BTC |
| Token Type | ERC-20 |
| Token distribution and listing | Within 48 hours from the end of the IEO |
Ocean Protocol has raised 3 rounds of capital since 2017, 2018 and the most recent 1 round in early 2019.
Round 1 (2017) price: $0.09 USD ($4.5 million)
Round 2 (2018) price: $0.12 USD (20.5 million USD)
Round 3 (2019) price: $0.12 USD ($1.9 million)
Total raised capital: 26.8 million USD.
Bittrex’s previous IEO was a disappointment for investors when compared to Binance and Houbi, the VBK coin, after listing on the exchange, went sideways for a short while, today has lost 40% of its value compared to the previous one. IEO price.
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