Ocean Protocol dey partner with DOVU to create new revenue streams for farmers
Ocean Market go host carbon data from DOVU farmers to generate income for them and insights for industry and research
DOVU go enable farmers to join hin DOVU Carbon Marketplace, where them fit upload their carbon data to get the amount of carbon wey dey stored in their soil and verified by DOVU. Then the carbon go dey published for sale to carbon buyers, wey go generate income for the farmers.
Farmers go kon also be able to publish their carbon data for sale on Ocean Market. Carbon datapools go become an additional source of income for farmers wey dey work with DOVU, on top of their carbon sales, and provide valuable insight to researchers or the industry into carbon farming practices. The collaboration go expand the list of potential data sources on Ocean Market, an open-source community marketplace for data.
We dey pleased to welcome this new stream of data to Ocean Market. By to bring carbon data from DOVU farmers onto Ocean Market, Ocean Protocol go continue its mission to bring data sovereignty to the world — in this case, to agriculture. DOVU data get utility for both research and industry to gain insights into agricultural practices and its impact on the environment. Ocean Protocol go allow for AI models to train on the data in a privacy-preserving manner.
Sheridan Johns, Head of Ecosystem at Ocean Protocol
Ocean Protocol go also leverage the DOVU Carbon Offset Platform to give the Ocean community insights as to how them fit reduce their carbon footprint.
As DOVU sources its own carbon supply the collection of data from our carbon suppliers dey essential. This partnership go dey welcomed by our farmers as a new source of revenue as well as our carbon buyers as dey provide more visibility and therefore go increase trust in the process. We dey also look forward to integrate the DOVU Carbon Offset solution within Ocean Protocol, to offer all participants an opportunity to reduce their environmental impact.
Irfon Watkins, Founder of DOVU
DOVU’s mission na to incentivize users to carbon offset their lives by capturing and rewarding value. Read more about their vision in their whitepaper.
About Ocean Protocol
Ocean Protocol’s mission na to kickstart a Web3 Data Economy wey go reach the world, to give power back to data owners and to enable people to capture value from data to better our world.
Data na new asset class; Ocean Protocol go unlock its value. Data owners and consumers dey use the Ocean Market app to fit publish, discover, and consume data assets in a secure, privacy-preserving fashion.
Ocean datatokens dey turn data into data assets. This go enable data wallets, data exchanges, and data co-ops to leveraging crypto wallets, exchanges, and other DeFi tools. Projects dey use Ocean libraries and OCEAN in their own apps to help drive the Web3 Data Economy.
The Ocean token dey used to stake on data, to govern Ocean Protocol’s community funding, and to buy & sell data. Hin supply dey disbursed over time to drive near-term growth and long-term sustainability. OCEAN dey designed to increase with a rise in usage volume.
Visit oceanprotocol.com to find out more.
DOVU na protocol wey aim to offset every crypto transaction globally. We dey empower local communities by unlocking the carbon wey dey the soil under their feet. Our mission na to connect the entire crypto community through fun and frictionless interactions with our platform, where them fit offset their crypto transactions or anything else by to support farmers globally!