Details

What is OOE

Tokens

1. What is OOE?

OOE (OpenOcean) is a type of token primarily used for trading and payments on the OpenOcean platform. Here’s an introduction to OOE, excluding price information:

  • OpenOcean Platform: OpenOcean is a decentralized trading aggregator designed to provide users with optimal trading prices and liquidity. It aggregates liquidity from multiple exchanges to help users execute trades at the best prices.
  • Functionality: OOE is mainly used on the OpenOcean platform for paying trading fees, participating in community governance, and more.
  • Technical Foundation: OpenOcean is based on blockchain technology and uses smart futures to ensure the security and transparency of transactions.
  • Community: The OpenOcean community is a crucial part of the project, allowing users to influence the direction of the project through holding OOE and participating in community governance.

In summary, OOE is the core token of the OpenOcean platform, facilitating trades and community governance.

2. Who founded OOE?

According to the information provided, the founders of OpenOcean (OOE) are not explicitly mentioned in the search results. However, OOE is a type of token whose price and trading information can be found on platforms such as CoinGecko and Coinbase. If you need specific information about the founders of OpenOcean, further searches or visits to OpenOcean's official website or related documents may be required.

3. What venture capital invested in OOE?

According to the provided information, here are the mentioned token projects and their investors:

  1. Axie Infinity:

  2. May 2021: Led by Libertus Capital, with participation from Blocktower Capital, Konvoy Ventures, Derek Schloss of Collab Currency, Stephen McKeon, and Mark Cuban, the owner of the Dallas Mavericks, raising a total of $7.5 million.

  3. April 2022: Funding rose significantly to $150 million, with specific investors not mentioned in this article.

  4. Opensea:

  5. 2018: Completed a $2 million seed round of financing.

  6. 2019: Completed a $2.1 million strategic round of financing.

  7. March 2021: Led by a16z, raising $23 million in Series A financing with participation from the Cultural Leadership Fund and numerous angel investors including Ron Conway, Mark Cuban, Tim Ferriss, Belinda Johnson, Naval Ravikant, and Ben Silbermann.

  8. July 2021: A $100 million Series B funding round led by a16z, post-money valuation at $1.5 billion.

  9. EOS:

  10. 2018: Raised $185 million just 5 days before the ICO, with specific investors not mentioned in this article.

  11. BAYC:

  12. Specific financing information for BAYC is not mentioned, only its influence in the NFT space is noted.

This information is primarily sourced from articles.

4. How does OOE work?

Tokens are a type of digital currency that uses cryptographic techniques to secure transactions and control the creation of new units. It is based on blockchain technology, which is a decentralized ledger that records all transactions on the network. Here are the basic principles of how tokens operate:

  1. Blockchain Technology: Tokens use blockchain technology to record all transactions. The blockchain is a distributed public ledger maintained by a network of computers, rather than a central authority.

  2. Decentralization: Tokens are decentralized and not under the control of any central authority or government. Transactions are peer-to-peer and anonymous, facilitating greater privacy and security.

  3. Cryptographic Techniques: Tokens employ cryptographic techniques to ensure the security of transactions and to prevent fraud and hacking.

  4. Mining: Units of tokens are created through a process called mining, which involves using computing power to solve complex mathematical problems that generate coins.

  5. Transactions: Transactions of tokens are conducted through the blockchain. Each transaction is recorded on the blockchain and is transparent and visible.

  6. Wallets: Tokens are stored in digital wallets that users can utilize to send and receive tokens.

In conclusion, tokens operate through blockchain technology, decentralization, cryptographic techniques, mining, and digital wallets, offering a secure, transparent, and decentralized digital payment system.

Share to