Ocean Protocol Partners With Zero1 Labs to Power Decentralized AI

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Veronika Rinecker

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Ocean Protocol Partners With Zero1 Labs to Power Decentralized AI

Ocean Protocol, a decentralized data exchange protocol, has teamed up with Zero1 Labs, a community-focused decentralized AI (DeAI) platform.

According to Zero1 Labs’ announcement from Sept. 23, this collaboration aims to improve the accuracy and performance of artificial intelligence (AI) solutions developed by Zero1 Labs’ projects while ensuring Ocean Protocol’s data privacy and compliance tools.

Enhanced Support for Incubated Projects

Zero1 Labs’ DeAI ecosystem provides a supportive environment for projects enrolled in the Zero Construct Program (ZCP), ensuring a successful go-to-market launch.

Through this partnership, as per the announcement, Zero1 Labs’ incubated projects will gain access to Ocean Protocol’s decentralized data marketplace and data privacy features that protect sensitive information and ensure regulatory compliance.

By collaborating with Zero1 Labs and Ocean Protocol, projects can gain access to a global network of data providers, ensuring they have the resources needed to fuel their AI models.

Additionally, projects can leverage Ocean Protocol’s marketplace to monetize their data, creating a new revenue stream that can support their growth and sustainability.

Ocean Protocol’s Growing Focus on AI

Ocean Protocol is increasingly focusing on the integration of AI technologies into its decentralized data exchange platform. As part of this commitment, on Aug. 15, the company announced the launch of Ocean Nodes, a new solution designed to streamline AI model development.

With Ocean Nodes, developers will be able to run all essential components of the Ocean Protocol stack, including Ocean Provider, Aquarius, and Compute-to-Data, in a single setup. This streamlined workflow not only saves time but also provides greater flexibility and control. Additionally, Ocean Nodes offer enhanced privacy features, ensuring that sensitive data remains secure and confidential.

In addition, on April 16, Ocean Protocol and two other major players in the crypto-AI industry, SingularityNet and Fetch.ai, approved a $7.5 billion token merger to create the Artificial Superintelligence Alliance (ASI) project. The alliance is currently exploring three distinct product pipelines: deployment of AI agents in commercial environments, neural symbolic language learning models (LLMs), and AI data sharing and exploitation.

The token merger creating the Artificial Superintelligence Alliance unfolds in two stages. In the first phase that began on July 1, SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens were consolidated into Fetch.ai’s FET token. This unified token will then transition to the permanent ASI token in the second phase.

Roadmap of the token merger between Fetch.ai, Ocean Protocol and SingularityNET
Roadmap of the token merger between Fetch.ai, Ocean Protocol and SingularityNET. Source: Fetch.ai

As of Sept. 24, FET is currently trading at $1.70, up 33% in the last month, with a market capitalization of over $4.2 million.

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