Conclusion

We hit our milestones. We raised a reasonable amount to fund the project — deploying the proceeds to build a world-class, global team that is ready to continue improving the product. We fundraised in stages so that as milestones were hit, we could come back to the community for feedback and support because no project can build a new Data Economy alone.

Looking at the bigger picture, we have a lot of work ahead because technology is racing ahead faster than societal structures and government can react. We need to put in place the infrastructure that levels the playing field for every human to be able to own their data. And we need to do this fast.

In the past year, we’ve found out more about how large Internet platforms have wilfully violated our data privacy rights, how our democracies have been co-opted and manipulated by state level actors, how the Earth is on the brink of environmental disaster and we’ve seen a continuation of the increasing economic inequality in many countries.

There isn’t a moment to lose because many centralised Web 2.0 Internet platforms and many governments are failing us, while not addressing the most important issues facing humankind.

Ocean Protocol takes us in the right direction because it places a value and price signal on data that wasn’t possible before. Once people and companies see that their data has value, they will demand to control it and they will find ways to unlock and commercialise it, sparking a new Data Economy. More data means that we can deploy resources more efficiently to solve intractable problems.

Choose this project because it has a vision. Choose this project because it is different from the others. Choose this project because it has raised enough to activate the ecosystem. Choose this project because is one of the best chances to unlock data and reset the rules when it comes to data and AI.

Most importantly, we want you to join us to help build the protocol and a network that gives you and every other human on earth control over what is rightfully yours.

Join the conversation on our Telegram channel and don’t forget to sign-up for newsletter updates. We welcome you.

-The Ocean Protocol Team