Ocean Protocol mechanics explained, Data NFTs, Datatokens and how it actually works
The architecture that made sense to me:
- Datasets are minted as Data NFTs on Ethereum, the NFT represents ownership of the dataset
- Datatokens (ERC-20) represent access rights to that dataset, holding one lets you consume the data
- Compute-to-Data lets buyers run computation on data without the raw data leaving the owner control
That last piece is the one that matters most for sensitive datasets. A pharmaceutical company or a financial institution can monetize data without handing it over. The buyer gets the insights, the owner keeps the data.
How important is the data ownership layer in your thinking about Ocean long-term value?