Ocean Protocol to Conduct IEO on Bittrex starting April 30th

After raising $1.8m in an ICO during network launch this year, Ocean Protocol has announced details of their “borderless, privacy-preserving data sharing platform and IEO” on Bittrex, commencing Tuesday, April 30th, 2019, 16:00 GMT / 18:00 CEST.

Singapore based Ocean Protocol is riding the new IEO wave where projects get to launch their tokens on well-known exchanges like Binance and Bittrex, the burden of the token sale processes is taken care of by the exchange itself giving its existing users exposure to the tokens.

Ocean is aiming to raise $6.77 Million in Bitcoin (BTC) through Bittrex after a failed attempt $13 Million on CoinList and Fractal. The Singapore based company was only able to raise $1.55 Million in the regulated token offering, however, it is backed by prominent investors like Outlier Ventures, Zeroth AI, Fabric Ventures, etc

Bruce Pon, founder of Ocean Protocol said:

“With Ocean Protocol, people with data can be connected with people who need data. This is the start of a new data economy and Ocean is the means to promote liquidity and ultimately a financial value for data”

Here are the important details about the token sale:

Ocean Protocol Tweeted:

Image Source: Unsplash

Disclaimer: The above information is for information purposes only and does not constitute financial or investment advice in any shape or form.

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