Data is a $400B industry in Europe alone. With Web3 tools we can spread the opportunities around data and fully unleash data’s potential.

The Ocean Protocol Data Economy Challenge: Datatokens edition is an 8-week online hackathon that offers developers an opportunity to unlock data and create innovative data applications from data exchanges to data DAOs, powered by Ocean tools.

This hackathon offers over $USD 55,000 in token prizes for unleashing data and building data applications that leverage Ocean datatokens, plus special sponsored bonus prizes by ecosystem partners including 1inch Exchange, Balancer, DAOstack, Energy Web Foundation (EWF), Pillar, Protocol Labs (Filecoin), Secret Network and Streamr.

What are we looking for?

We are especially looking for submissions that help unleash data as assets in Web3.

This means integrating data services to Ocean, or building/updating open-source apps that leverage Ocean (by using Ocean’s datatokens technology at a minimum).

Tracks and Bonus Prizes

The Ocean Protocol Data Economy Challenge Datatokens edition has only one single track with 7 top level prizes including first, second and third place as well as a Community Choice Award and up to three honorable mention awards.

In addition to top level prizes, there are 16 bonus prizes including:

8 bonus prizes with Ocean Tokens for Special Projects including prizes for best applications and integrations;
8 bonus prizes sponsored by ecosystem partners and collaborators at 1inch Exchange, Balancer Labs, DAOStack, Energy Web Foundation, Pillar, Protocol Labs (Filecoin), Secret Network and Streamr.

All winners will be considered for Ocean funding programs afterwards, such as Shipyard and OceanDAO.

Submission Requirements & Inspiration

For more information on base requirements for all submissions check the REQUIREMENTS.

For inspiration on what to build and to give you additional insights about the type of submissions that we are looking for, check out our detailed HACKER GUIDE.

For more about Ocean Protocol click here.

Eligibility

Individuals – and teams of individuals – must all have reached the age of majority in their jurisdiction of residence at the time of entry. For further eligibility information, visit section 3 in the rules.

Requirements

Submissions must build (or update) an open-source software application or integration that leverages Ocean Protocol datatokens.

To qualify for prizes and challenge rewards, participants must abide by all of the rules and the following minimum submission requirements:

Your submission must have a “live” working product. E.g. live webapp, live browser extension or Docker container
Your submission must use Ocean datatokens
Your submission must have working code
Code must be open source (GPL, Apache V2, MIT, or similarly permissive)
You must submit a video showcasing your POC and end-to-end user experience
Your submission must have a real-world use case

These minimum requirements apply for ALL submissions competing for main top level challenge prizes.

To be eligible for bonus prizes, submissions must meet all minimum requirements for the top level challenge prizes PLUS additional requirements specifically defined for each bonus prize. For details on specific bonus prize requirements please refer to the prize section.

Hackathon Sponsors

Prizes

$67,000 in prizes

First Place

- $10K in Ocean Tokens

- Cash prizes will be paid in Ocean Tokens. The reward level of this prize is set at 20,000 Ocean Tokens. At the time of announcing this prize 20,000 Ocean Tokens was equal to USD$10,000.

- Social media promotion

- Virtual Meeting with Ocean Protocol Team

- Fast-track to discussions about additional funding from Ocean Protocol Foundation (Shipyard Program)

Second Place

- $7K in Ocean Tokens

- Cash prizes will be paid in Ocean Tokens. The reward level of this prize is set at 14,000 Ocean Tokens. At the time of announcing this prize 14,000 Ocean Tokens was equal to USD$7,000.

- Social media promotion

- Virtual Meeting with Ocean Protocol Team

- Fast-track to discussions about additional funding from Ocean Protocol Foundation (Shipyard Program)

Third Place

- $4K in Ocean Tokens

- Cash prizes will be paid in Ocean Tokens. The reward level of this prize is set at 8,000 Ocean Tokens. At the time of announcing this prize 8,000 Ocean Tokens was equal to USD$4,000.

- Social media promotion

- Virtual Meeting with Ocean Protocol Team

Community Choice

- $3K in Ocean Tokens

- Cash prizes will be paid in Ocean Tokens. The reward level of this prize is set at 6,000 Ocean Tokens. At the time of announcing this prize 6,000 Ocean Tokens was equal to USD$3,000.

- Social media promotion

The winner of this award award will be voted on and selected by the community at large.

Honorable Mention (3)

- $2K in Ocean Tokens (x3 for a total of $6K in Ocean Tokens)

- Cash prizes will be paid in Ocean Tokens. The reward level of this prize is set at 4,000 Ocean Tokens each. At the time of announcing this prize 4,000 Ocean Tokens was equal to USD$2,000.

- Social media promotion

1inch Exchange Bonus Prize

- Bonus Prize: $500 in DAI will be awarded to the winner.

Eligible submissions must build an app that uses Ocean datatokens and 1inch Exchange to enable a novel use case. Examples include: tracking one user performance with several owned wallets, a loyalty program, a referral program, a trading contest mechanic or just combine Ocean datatokens and 1inch Exchange in a new way!

Balancer Bonus Prize

- Bonus Prize: 100 Balancer tokens (BAL), worth ~$US2K, to be awarded to the winner.

Eligible submissions must build an app that uses Ocean datatokens and Balancer in a way that is useful and novel beyond the existing Ocean-Balancer integration. Examples include: combine the Ocean-Balancer integration with another DeFi protocol; a new GUI for existing Ocean-Balancer integration; or combine Ocean datatokens and Balancer in some new way.

DAOstack Bonus Prize

- Bonus Prize: 20K GEN tokens (worth ca. $USD2K) to be awarded to the winner.

Because datatokens are ERC20, DAOstack DAOs can receive, hold and manage datatokens. Eligible submissions must build an app that uses Ocean datatokens and DAOstack protocol in a way that is useful and novel. Examples include: build unique governance mechanism for DAOStack DAO to control data assets on the Ocean Protocol; build aggregation tools to combine several datasets into a single dataset owned by a DAOstack DAO, etc.

Energy Web Foundation (EWF) Bonus Prize

- Bonus Prize: $2K in Energy Web Tokens, which is ca. 250 EWT, to be awarded to the winner.

Eligible submissions for the EWF Bonus Prize must
1. Apply Energy Web and Ocean Protocol technologies to solve a real-world challenge in the energy sector. For example: optimizing dispatch of energy assets to provide grid flexibility, identifying an innovative new application of data from energy device
2. Demonstrate a deep understanding of Energy Web’s open source libraries and how they would integrate with Ocean Protocol to solve a problem
https://github.com/energywebfoundation
3. Integrate the Energy Web Decentralized Identifiers (DID) library for managing device identities into the solution.
https://github.com/energywebfoundation/ew-did-registry

Pillar Bonus Prize

- Bonus Prize: $2K worth of Pillar tokens (PLR) to be awarded to the winner.

Eligible submissions must use Pillar's Etherspot SDK for leveraging Pillar smart contract-based wallets with Ocean datatokens. (https://etherspot.github.io/)

Protocol Labs (Filecoin) Bonus Prize

- Bonus Prize: 300 Filecoin Tokens (FIL) to be awarded to the winner.

Eligible submissions for the Protocol Labs (Filecoin) Bonus Prize must either: leverage the Ocean/Filecoin Protocols to enable a substantive or novel use case OR offer a service / functionality / tooling that reduces interoperability friction between the Ocean Protocol and Filecoin ecosystems.

Secret Network Bonus Prize

- Winner(s) will receive up to $2K in SCRT tokens.

Eligible submissions must leverage the Ocean/Secret Protocols to either:
1) enable publishers of data to Ocean Market to have both convenience and fully trustless operation (recommended)
OR
2) enable publishers of Compute-to-Data services to have convenience and fully trustless operation (extra credit).

Other projects that make novel use of privacy preserving properties of Secret Network, will also be considered for rewards.

For more details and documentation please refer to the Compute to Data section on the HACKER GUIDE page

Streamr Bonus Prize

- $2K bonus in Streamr DATA Tokens for the best integration into Streamr real-time data streams.

Submission should utilise the Streamr JS Client to extract a static data set from a stream and forwarding it to the Ocean Marketplace to make it easy to buy & sell access as an Ocean datatoken. Streamr JS Client: https://github.com/streamr-dev/streamr-client-javascript

Best datatoken analytics app - Special Project Bonus Prize

- $2K bonus in Ocean Tokens for the following targeted application. Cash prizes will be paid in Ocean Tokens. The reward level of this prize is set at 4,000 Ocean Tokens. At the time of announcing this prize 4,000 Ocean Tokens was equal to USD$2,000

Best datatoken analytics app - like Defipulse for datatokens. Include summary statistics like total AUM, total sales, total consumes.

Best data bounty app - Special Project Bonus Prize

Best data bounty app - where people post “data bounties” or “prizes” that can be won by others who supply the data first, or supply the best data).

Best marketplace app with novel curation - Special Project Bonus Prize

Best marketplace app with novel curation. E.g. fork Ocean Market and have curation that isn’t gameable, to help people discover great datasets

Best integration into CoinMarketCap data service - Special Project Bonus Prize

- $2K bonus in Ocean Tokens for the following targeted integration. Cash prizes will be paid in Ocean Tokens. The reward level of this prize is set at 4,000 Ocean Tokens. At the time of announcing this prize 4,000 Ocean Tokens was equal to USD$2,000.

Best integration into CoinMarketCap data service.

- Details for integrations into data services: The integration should make it easy to buy & sell access to a specific data asset as an Ocean datatoken. The integration may be implemented as a fork of github.com/oceanprotocol/provider, and tuned for best UX.

DEC participants are able to enjoy free access to CoinMarketCap API. To sign up for free access go to the DEC HACKER GUIDE page: https://oceandec.devpost.com/details/hackerguide

Best integration into Messari - Special Project Bonus Prize

- The reward level of this prize is set at 4,000 Ocean Tokens and an annual subscription to Messari Pro, which offers full access to Messari's professional grade data, tools and research.

Best integration into Messari data service.

Best integration into Numerai Signals data service - Special Project Bonus Prize

Best integration into Numerai Signals data service.

Best integration into OpenMined - Special Project Bonus Prize

Best integration into OpenMined (as a data service or otherwise).

Best integration into phone data as a data service - Special Project Bonus Prize

Best integration into phone data as a data service. A phone app that gets permissions to access phone data, and helps the consumer to monetize it.

Judges

Aron von Ammers
CTO and Founding Partner, Outlier Ventures

Eylon Aviv
Partnerships / DAOstack

Wendell Cathcart
DOS Economics and Analytics Engineer, Energy Web Foundation

Alex Coseru
VP Engineering, Ocean Protocol

Meltem Demirors
Chief Strategy Officer, CoinShares

Andreas Fauler
Advisory Board Member, Digitalstadt Darmstadt

Matthew Fontana
Head of Developer Relations, Streamr

Adam Hall
Director of Emerging Technologies, OpenMined

Can Kisagun
Co-Founder & Chief Product Officer, Secret Network

Fernando Martinelli
CEO & Co-founder at Balancer

Trent McConaghy
Founder, Ocean Protocol

Anish Mohammed
Co-Founder, R² Labs

Manan Patel
Growth Accelerator, Ocean Protocol

Vitor Py
CTO, Pillar

Simon de la Rouviere
Advisor, Commons Stack

Jessica Salomon
Marketing/Strategy at 1inch Exchange

Jonathan Victor
Product / BD at Protocol Labs (Filecoin)

Dr. Astrid Woollard
Partner, Head of Research, Scytale Ventures

Judging Criteria

Building something people want
50% Does the submission show evidence of traction and early growth that indicates there is a clear path to ensure large-scale adoption? E.g. Submission with strong community support on Discord. The stronger the evidence, the more points!
Showcasing Ocean
20% Does the submission leverage functionality of Ocean Protocol to the greatest extent possible? E.g. An impressive use of Ocean compute-to-data or automated pricing.
Sustainability & potential
15% Does the submission show a chance of success as its own long-term project or product? In other words, can this solution be easily maintained and sustained?
Innovativeness
15% How unique is this submission in solving the stated problem and how innovative is the execution? Additional points will be given depending on how difficult the technical challenge was that was solved.