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Author Topic: Ocean Protocol (OCEAN) Gets Listed on KuCoin + Trading Competition!  (Read 48 times)
simms089
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May 28, 2019, 01:21:52 PM
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Ocean Protocol (OCEAN) Gets Listed on KuCoin!

1. Deposits Effective Immediately
2. Trading: 18:00 May 27, 2019 (UTC+8)
3. Withdrawal: 20:00 June 3, 2019 (UTC+8)

Official news from KuCoin: https://www.kucoin.com/news/en-ocean-protocol-ocean-gets-listed-on-kucoin

Ocean Protocol (OCEAN) Trading Competition, 3 BTC + 200,000 OCEAN to Give Away!

During the competition period, users will be ranked in terms of the total OCEAN trading volume (including both buys and sells) and the total OCEAN net buying volume (buys minus sells) on KuCoin across all OCEAN trading pairs. The competition will run from 18:00:00 on May 27, 2019 to 18:00:00 on June 03, 2019 (UTC +8).

1. Top 50 Traders: Win a total of 2 BTC + 100,000 OCEAN!

The top 50 accounts with the highest trading amounts of OCEAN (buys + sells) on KuCoin will win a share of 2 BTC + 100,000 OCEAN rewards in proportion to their trading amount.

Reward Calculation:

Reward for each user = (Each user’s total trading volume / Top 50 users’ total trading volume) × (2 BTC + 100,000 OCEAN)

For example:
If you enter the top 50 according to your OCEAN trading amount during the competition, with a transaction volume of 10,000 OCEAN and the total transaction volume of the top 50 users is 100,000 OCEAN, your reward proportion will be 10%, which would be 0.2 BTC + 10,000 OCEAN.

2. Participation Award: Win a total of 100,000 OCEAN!

A pool of 100,000 OCEAN will be evenly split between all accounts which have an OCEAN trading volume (including both buys and sells) of 10,000 OCEAN or more over the course of the competition period.

3. Top 5 Net Buying Trader: Win 1 BTC!

The top 5 accounts with the highest net buying amounts of OCEAN (buys - sells) on KuCoin will win a share of 1 BTC rewards in proportion to their trading amount.

Reward Calculation:

Reward for each user = (Each user’s total net buying volume / Top 5 users’ total net buying volume) × 1 BTC

For example:

If you enter the top 5 according to your OCEAN net buying amount during the competition, with a net buying volume of 10,000 OCEAN and the total net buying volume of the top 5 users is 100,000 OCEAN, your reward proportion will be 10%, which would be 0.1 BTC.

Official news from KuCoin: https://www.kucoin.com/news/en-ocean-protocol-ocean-trading-competition

Ocean Protocol (OCEAN)

An ecosystem for the data economy and associated services, with a tokenized service layer that securely exposes data, storage, compute and algorithms for consumption.

We bring together decentralized technology, a trust framework, and an ecosystem for data and related services.

This allows for data to be shared while guaranteeing traceability, transparency, and privacy to enable data owners to maintain control of their data assets and access a wide range of marketplaces and services.

The Ocean protocol provides a tokenized service layer that offers data, storage, compute and algorithms for consumption with a set of deterministic proofs on availability and integrity that serve as verifiable service agreements. There is staking on services to signal quality, reputation and ward against Sybil Attacks.

Discovery is facilitated by storing and promoting metadata, linking assets and services, and providing a licensing framework with pricing.

OCEAN Website: https://oceanprotocol.com/

OCEAN whitepaper: https://oceanprotocol.com/protocol/

Sign up to KuCoin here: https://www.kucoin.com/ucenter/signup?rcode=Kt73ba
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