The Ocean Protocol is now live on Layer 2, with Polygon!

Ocean Protocol’s smart contracts and the Ocean Market are deployed on Layer 2!

Read the Partnership Announcement from The Ocean Protocol here:

After being deployed on the Ethereum mainnet, Rinkeby, Ropsten and Ganache, Ocean Protocol have now partnered with Polygon to bring Web3 Data Economy tools to Polygon’s Layer 2 chain & ecosystem.

Ocean Protocol’s mission is to kickstart a Web3 Data Economy that reaches the world, giving power back to data owners and enabling people to capture value from data to better our world.

Data is a new asset class; Ocean Protocol unlocks its value.

With this partnership,

  • Users can use Ocean Market to publish, swap, stake and consume data assets in Polygon. Transactions now cost mere cents with lower latency. Users simply point their wallet in Metamask to Polygon and Ocean Market will show data assets registered in the Polygon network.
  • Data marketplace builders and other dapp developers can use Ocean libraries (ocean.js, ocean.py) and frontend components (react hooks, market) with Polygon.
  • Token holders can move their OCEAN to Polygon as mOCEAN tokens, and back.

“Polygon has a long history of collaboration with the Ethereum ecosystem with an eye towards scaling and security. The Polygon team has developed a first-class platform for running EVM-based contracts and bridging across chains. It’s our pleasure to leverage Polygon so that our users benefit from far lower gas costs, in Ocean Market and in other emerging dapps & protocols that use Ocean,”

  • Trent McConaghy, Co-Founder, Ocean

“We’re thrilled to have Ocean Protocol and their revolutionary data marketplace on Polygon. The Ocean Market will allow Dapps to build powerful marketplace powered applications, leveraging the power of data and Polygon-grade txns. We’re excited to see what devs build!”

  • Sandeep Nailwal, Co-Founder/COO, Polygon

For Ocean Protocol, Polygon is the first network where beyond Ethereum Mainnet that isn’t a testnet, where tokens on the network have a real value associated, so token bridges across networks have been built.

About Ocean Protocol

Ocean Protocol’s mission is to kickstart a Web3 Data Economy that reaches the world, giving power back to data owners and enabling people to capture value from data to better our world.

Data is a new asset class; Ocean Protocol unlocks its value. Data owners and consumers use the Ocean Market app to publish, discover, and consume data assets in a secure, privacy-preserving fashion.

Website | Twitter | LinkedIn | Blog | Reddit | Telegram Chat | Discord

About Polygon (Formerly Matic)

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Matic POS, designed for flexibility and independence. Polygon’s Layer 2 Chains have seen widespread adoption with 100+ Dapps, ~10M txns and ~230K unique users.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

More from the Polygon Blog
Announcing Polygon Pod, a Podcast From the Epicenter of Web3

What’s the future of DeFi? How can blockchain projects shake the reputation for being bad for the environment? What in the world are zero knowledge proofs? How can Web3 attract and accommodate the next billion users? When Flippening? You want to know the answers and so do we. That’s why Polygon is launching Polygon Pod […]

Read More
Introducing Polygon Nightfall Mainnet: Decentralized Private Transactions for Enterprise

We’re in the early innings when it comes to enterprise needs for blockchains. Whether it’s supply chain management or marketplaces, the potential for secure business transactions on a public ledger has enormous implications. That’s why we’re pleased to announce Polygon Nightfall, a blockchain solution that leverages cutting edge Optimistic-Zero Knowledge technology to give businesses an […]

Read More
Polygon Is Going Carbon Negative in 2022 With a $20 Million Pledge

Today marks the start of a new, sustainable era for the Polygon ecosystem -- the core team has committed to eliminating all of the network’s carbon debt going back to inception and making the chain climate positive into the future. Polygon’s Green Manifesto announced today is part of a broader vision for sustainable development that […]

Read More
Introducing Polygon ID, Zero-Knowledge Identity for Web3

At Polygon, we believe that putting people firmly in control of their digital identities is at the core of Web3’s promise to empower users over networks. We have been working behind the scenes to fulfill this promise and today are proud to introduce Polygon ID, the self-sovereign, decentralized and private identity for the next iteration […]

Read More
Calling All Web3 Developers: #WAGMIonPolygon

This is Dalip, head of Developer Relations at Polygon. These past few weeks have been tough on everyone in Web3. But when the going gets tough, the tough get building. That’s why today we are announcing #WAGMIonPolygon, a new series for developers available on our YouTube channel. The program will focus on educational content, expert […]

Read More
PolygonInsights - WEEK19

Hola readers! Roland-Garros, an eTennis competition series by BNP Paribas, will launch its first NFT collection on Polygon, Chainsmokers shared their album royalties via NFT drops on our network, and the Polygon PoS bridge maintains its position in the Top 5 most used dApps on Ethereum. Let’s dive in.  Key takeaways:  There was an increase […]

Read More
MSP Recovery and Tokenology Choose Polygon to Tokenize Medical Claims

MSP Recovery, a $32.6 billion publicly-traded U.S. company leading the healthcare reimbursement recovery industry, has partnered with Tokenology to launch a healthcare claims tokenization platform that will help eliminate fraud and benefit patients, care providers and insurers alike.  LifeChain will run on Polygon, leveraging the carbon-neutral network’s low transaction fees, high throughput and a suite […]

Read More
crossmenuchevron-down-circle