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Removed v4 mentions
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@ -123,7 +123,7 @@ Great, now our publish page explains that users should be publishing photos and
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![Market Customisation](../../.gitbook/assets/market/publish-page-2.png)
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There is one more thing that is fun to change before we move away from the publish form. You’ll notice that Ocean Market V4 now has a cool SVG generation feature that creates the images for the Data NFT. It creates a series of pink waves. Let’s change this so that it uses our brand colors in the waves!
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There is one more thing that is fun to change before we move away from the publish form. You’ll notice that Ocean Market now has a cool SVG generation feature that creates the images for the Data NFT. It creates a series of pink waves. Let’s change this so that it uses our brand colors in the waves!
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Open up `/src/@utils/SvgWaves.ts` and have a look at lines 27 to 30 where the colors are specified. Currently, the pink color is the one used in the SVG generator. You can replace this with your own brand color:
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@ -174,7 +174,7 @@ NEXT_PUBLIC_CONSUME_MARKET_FIXED_SWAP_FEE="0.01"
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### Change the Fee Address
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At this point, we have made a lot of changes and hopefully, you’re happy with the way that your marketplace is looking. Given that you now have your own awesome photo marketplace, it’s about time we talked about monetizing it. Yup, that’s right - you will earn a [commission](../contracts/fees.md) when people buy and sell photos in your marketplace. In Ocean V4, there are a whole host of new [fees](../contracts/fees.md) and customization options that you can use. In order to receive the fees you’ll need to set the address where you want to receive these fees in.
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At this point, we have made a lot of changes and hopefully, you’re happy with the way that your marketplace is looking. Given that you now have your own awesome photo marketplace, it’s about time we talked about monetizing it. Yup, that’s right - you will earn a [commission](../contracts/fees.md) when people buy and sell photos in your marketplace. In Ocean, there are a whole host of new [fees](../contracts/fees.md) and customization options that you can use. In order to receive the fees you’ll need to set the address where you want to receive these fees in.
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When someone sets the pricing for their photos in your marketplace, they are informed that a commission will be sent to the owner of the marketplace. You see that at the moment this fee is set to zero, so you’ll want to increase that.
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@ -4,7 +4,7 @@ description: How can you build a self sufficient project?
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# Community Monetization
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Our intentions with all of the V4 updates are to ensure that your project is able to become self-sufficient and profitable in the long run (if that’s your aim). We love projects that are built on top of Ocean and we want to ensure that you are able to generate enough income to keep your project running well into the future.
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The intentions with all of the updates are to ensure that your project is able to become self-sufficient and profitable in the long run (if that’s your aim). We love projects that are built on top of Ocean and we want to ensure that you are able to generate enough income to keep your project running well into the future.
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### 1. Publishing & Selling Data
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@ -14,17 +14,17 @@ Ocean V3 introduced the new crypto primitives of “data on-ramp” and “data
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The datasets can take one of many shapes. For AI use cases, they may be raw datasets, cleaned-up datasets, feature-engineered **data**, **AI models**, **AI model predictions**, or otherwise. (They can even be other forms of copyright-style IP such as **photos**, **videos**, or **music**!) Algorithms themselves may be sold as part of Ocean’s Compute-to-Data feature.
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The first opportunity of data NFTs is the potential to sell the base intellectual property (IP) as an exclusive license to others. This is akin to EMI selling the Beatles’ master tapes to Universal Music: whoever owns the masters has the right to create records, CDs, and digital [sub-licenses](../discover/glossary.md). It’s the same for data: as the data NFT owner you have the **exclusive right** to create ERC20 datatoken sub-licenses. With Ocean V4, this right is now transferable as a data NFT. You can sell these data NFTs in **OpenSea** and other NFT marketplaces.
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The first opportunity of data NFTs is the potential to sell the base intellectual property (IP) as an exclusive license to others. This is akin to EMI selling the Beatles’ master tapes to Universal Music: whoever owns the masters has the right to create records, CDs, and digital [sub-licenses](../discover/glossary.md). It’s the same for data: as the data NFT owner you have the **exclusive right** to create ERC20 datatoken sub-licenses. With Ocean, this right is now transferable as a data NFT. You can sell these data NFTs in **OpenSea** and other NFT marketplaces.
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If you’re part of an established organization or a growing startup, you’ll also love the new role structure that comes with data NFTs. For example, you can specify a different address to collect [revenue](contracts/revenue.md) compared to the address that owns the NFT. It’s now possible to fully administer your project through these [roles](contracts/roles.md).
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**In short, if you have data to sell, then Ocean V4 gives you superpowers to scale up and manage your data project. We hope this enables you to bring your data to new audiences and increase your profits.**
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**In short, if you have data to sell, then Ocean gives you superpowers to scale up and manage your data project. We hope this enables you to bring your data to new audiences and increase your profits.**
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### 2. Running Your Own Data dApp
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We have always been super encouraging of anyone who wishes to build a dApp on top of Ocean or to fork Ocean Market and make their own data marketplace. With the V4 release, we have taken this to the next level and introduced more opportunities and even more fee customization options.
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We have always been super encouraging of anyone who wishes to build a dApp on top of Ocean or to fork Ocean Market and make their own data marketplace. With the latest release, we have taken this to the next level and introduced more opportunities and even more fee customization options.
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Unlike in V3, where the fee collection was limited to the consume action with a fixed value of 0.1%, V4 empowers dApp operators like yourself to have greater flexibility and control over the fees you can charge. This means you can tailor the fee structure to suit your specific needs and ensure the sustainability of your project. **V4 smart contracts enable you to collect a fee not only in consume, but also in fixed-rate exchange, also you can set the fee value.** For more detailed information regarding the fees, we invite you to visit the [fees](contracts/fees.md) page.
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Ocean empowers dApp operators like yourself to have greater flexibility and control over the fees you can charge. This means you can tailor the fee structure to suit your specific needs and ensure the sustainability of your project. **The smart contracts enable you to collect a fee not only in consume, but also in fixed-rate exchange, also you can set the fee value.** For more detailed information regarding the fees, we invite you to visit the [fees](contracts/fees.md) page.
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Another new opportunity is using your own **ERC20** token in your dApp, where it’s used as the unit of exchange. This is fully supported and can be a great way to ensure the sustainability of your project.
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@ -4,9 +4,9 @@ description: Empowering the Decentralised Data Economy
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# Contracts
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The [V4 release](https://blog.oceanprotocol.com/ocean-v4-overview-1ccd4a7ce150) of Ocean Protocol introduces a comprehensive and enhanced suite of [smart contracts](https://github.com/oceanprotocol/contracts/tree/main/contracts) that serve as the backbone of the decentralized data economy. These contracts facilitate secure, transparent, and efficient interactions among data providers, consumers, and ecosystem participants. With the introduction of V4 contracts, Ocean Protocol propels itself forward, delivering substantial functionality, scalability, and flexibility advancements.
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The suite of smart contracts serve as the backbone of the decentralized data economy. These contracts facilitate secure, transparent, and efficient interactions among data providers, consumers, and ecosystem participants.
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The V4 smart contracts have been deployed across multiple [networks](../../discover/networks/README.md) and are readily accessible through the GitHub [repository](https://github.com/oceanprotocol/contracts/tree/main/contracts). The V4 introduces significant enhancements that encompass the following key **features**:
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The smart contracts have been deployed across multiple [networks](../../discover/networks/README.md) and are readily accessible through the GitHub [repository](https://github.com/oceanprotocol/contracts/tree/main/contracts). Ocean introduced significant enhancements that encompass the following key **features**:
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### [**Data NFTs**](data-nfts.md) **for Enhanced Data IP Management**
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@ -16,22 +16,22 @@ However, Ocean V3 faced limitations in terms of flexibility. It lacked support f
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Ocean V4 effectively tackles these challenges by adopting **ERC721** **tokens** to explicitly represent the **base IP** as "data NFTs" (Non-Fungible Tokens). [**Data NFT**](data-nfts.md) owners can now deploy ERC20 "datatoken" contracts specific to their data NFTs, with each datatoken contract offering its own distinct licensing terms.
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By utilizing ERC721 tokens, Ocean V4 **grants data creators greater flexibility and control over licensing arrangements**. The introduction of data NFTs allows for the representation of [base IP](../../discover/glossary.md) and the creation of customized ERC20 datatoken contracts tailored to individual licensing requirements.
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By utilizing ERC721 tokens, Ocean **grants data creators greater flexibility and control over licensing arrangements**. The introduction of data NFTs allows for the representation of [base IP](../../discover/glossary.md) and the creation of customized ERC20 datatoken contracts tailored to individual licensing requirements.
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<figure><img src="../../.gitbook/assets/contracts/v4_contracts_overview.png" alt=""><figcaption><p>Ocean Protocol V4 Smart Contracts</p></figcaption></figure>
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<figure><img src="../../.gitbook/assets/contracts/v4_contracts_overview.png" alt=""><figcaption><p>Ocean Protocol Smart Contracts</p></figcaption></figure>
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### [**Community monetization**](../community-monetization.md), to help the community create sustainable businesses.
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Ocean brings forth enhanced opportunities for marketplace operators, creating a conducive environment for the emergence of a thriving market of **third-party Providers**.
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With Ocean, marketplace operators can unlock additional benefits. Firstly, the V4 smart contracts empower marketplace operators to collect [fees](fees.md) not only during **data consumption** but also through **fixed-rate exchanges**. This expanded revenue model allows operators to derive more value from the ecosystem. Moreover, in Ocean V4, the marketplace operator has the authority to determine the fee value, providing them with **increased control** over their pricing strategies.
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With Ocean, marketplace operators can unlock additional benefits. Firstly, the smart contracts empower marketplace operators to collect [fees](fees.md) not only during **data consumption** but also through **fixed-rate exchanges**. This expanded revenue model allows operators to derive more value from the ecosystem. Moreover, in Ocean, the marketplace operator has the authority to determine the fee value, providing them with **increased control** over their pricing strategies.
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In addition to empowering marketplace operators, Ocean facilitates the participation of third-party [Providers](../provider/README.md) who can offer compute services in exchange for a fee. This paves the way for the development of a diverse marketplace of Providers. This model supports both centralized trusted providers, where data publishers and consumers have established trust relationships, as well as trustless providers that leverage decentralization or other privacy-preserving mechanisms.
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By enabling a marketplace of [Providers](../provider/README.md), Ocean fosters competition, innovation, and choice. It creates an ecosystem where various providers can offer their compute services, catering to the diverse needs of data publishers and consumers. Whether based on trust or privacy-preserving mechanisms, this expansion in provider options enhances the overall functionality and accessibility of the Ocean Protocol ecosystem.
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Key features of the V4 smart contracts:
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Key features of the smart contracts:
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* Base IP is now represented by a data [NFT](data-nfts.md), from which a data publisher can create multiple ERC20s [datatokens](datatokens.md) representing different types of access for the same dataset.
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* Interoperability with the NFT ecosystem (and DeFi & DAO tools).
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## What is a Data NFT?
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A data NFT represents the **copyright** (or **exclusive license** against copyright) for a data asset on the blockchain — we call this the “**base IP**”. When a user publishes a dataset in Ocean V4, they create a new NFT as part of the process. This data NFT is proof of your claim of base IP. Assuming a valid claim, you are entitled to the revenue from that asset, just like a title deed gives you the right to receive rent.
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A data NFT represents the **copyright** (or **exclusive license** against copyright) for a data asset on the blockchain — we call this the “**base IP**”. When a user publishes a dataset in Ocean, they create a new NFT as part of the process. This data NFT is proof of your claim of base IP. Assuming a valid claim, you are entitled to the revenue from that asset, just like a title deed gives you the right to receive rent.
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The data NFT smart contract holds metadata about the data asset, stores roles like “who can mint datatokens” or “who controls fees”, and an open-ended key-value store to enable custom fields.
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@ -31,15 +31,15 @@ With data NFTs, you are able to take advantage of the broader NFT ecosystem and
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### Implementation in Ocean Protocol
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We have implemented data NFTs using the [ERC721 standard](https://erc721.org/). Ocean Protocol defines the [ERC721Factory](https://github.com/oceanprotocol/contracts/blob/v4main/contracts/ERC721Factory.sol) contract, allowing **Base IP holders** to create their ERC721 contract instances on any supported networks. The deployed contract stores Metadata, ownership, sub-license information, and permissions. The contract creator can also create and mint ERC20 token instances for sub-licensing the **Base IP**.
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We have implemented data NFTs using the [ERC721 standard](https://erc721.org/). Ocean Protocol defines the [ERC721Factory](https://github.com/oceanprotocol/contracts/blob/main/contracts/ERC721Factory.sol) contract, allowing **Base IP holders** to create their ERC721 contract instances on any supported networks. The deployed contract stores Metadata, ownership, sub-license information, and permissions. The contract creator can also create and mint ERC20 token instances for sub-licensing the **Base IP**.
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ERC721 tokens are non-fungible, and thus cannot be used for automatic price discovery like ERC20 tokens. ERC721 and ERC20 combined together can be used for sub-licensing. Ocean Protocol's [ERC721Template](https://github.com/oceanprotocol/contracts/blob/v4main/contracts/templates/ERC721Template.sol) solves this problem by using ERC721 for tokenizing the **Base IP** and tokenizing sub-licenses by using ERC20. To save gas fees, it uses [ERC1167](https://eips.ethereum.org/EIPS/eip-1167) proxy approach on the **ERC721 template**.
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ERC721 tokens are non-fungible, and thus cannot be used for automatic price discovery like ERC20 tokens. ERC721 and ERC20 combined together can be used for sub-licensing. Ocean Protocol's [ERC721Template](https://github.com/oceanprotocol/contracts/blob/main/contracts/templates/ERC721Template.sol) solves this problem by using ERC721 for tokenizing the **Base IP** and tokenizing sub-licenses by using ERC20. To save gas fees, it uses [ERC1167](https://eips.ethereum.org/EIPS/eip-1167) proxy approach on the **ERC721 template**.
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Our implementation has been built on top of the battle-tested [OpenZeppelin contract library](https://docs.openzeppelin.com/contracts/4.x/erc721). However, there are a bunch of interesting parts of our implementation that go a bit beyond an out-of-the-box NFT. The data NFTs can be easily managed from any NFT marketplace like [OpenSea](https://opensea.io/).
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<figure><img src="../../.gitbook/assets/wallet/data_nft_open_sea.png" alt=""><figcaption><p>Data NFT on Open Sea</p></figcaption></figure>
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Ocean V4’s data NFT factory can deploy different types of data NFTs based on a variety of templates. Some templates could be tuned for data unions, others for DeFi, and others yet for enterprise use cases.
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Ocean’s data NFT factory can deploy different types of data NFTs based on a variety of templates. Some templates could be tuned for data unions, others for DeFi, and others yet for enterprise use cases.
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Something else that we’re super excited about in our data NFTs is a cutting-edge standard called [ERC725](https://github.com/ERC725Alliance/erc725/blob/main/docs/ERC-725.md) being driven by our friends at [Lukso](https://lukso.network/about). The ERC725y feature enables the NFT owner (or a user with the “store updater” role) to input and update information in a key-value store. These values can be viewed externally by anyone.
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What happends under the hood? 🤔
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Publishing with V4 smart contracts in Ocean Protocol involves a well-defined process that streamlines the publishing of data assets. It provides a systematic approach to ensure efficient management and exchange of data within the Ocean Protocol ecosystem. By leveraging smart contracts, publishers can securely create and deploy data NFTs, allowing them to tokenize and represent their data assets. Additionally, the flexibility of V4 smart contracts enables publishers to define pricing schemas for datatokens, facilitating fair and transparent transactions. This publishing framework empowers data publishers by providing them with greater control and access to a global marketplace, while ensuring trust, immutability, and traceability of their published data assets.
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Publishing with smart contracts in Ocean Protocol involves a well-defined process that streamlines the publishing of data assets. It provides a systematic approach to ensure efficient management and exchange of data within the Ocean Protocol ecosystem. By leveraging smart contracts, publishers can securely create and deploy data NFTs, allowing them to tokenize and represent their data assets. Additionally, the flexibility of the smart contracts enables publishers to define pricing schemas for datatokens, facilitating fair and transparent transactions. This publishing framework empowers data publishers by providing them with greater control and access to a global marketplace, while ensuring trust, immutability, and traceability of their published data assets.
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The V4 smart contracts publishing includes the following steps:
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The smart contracts publishing includes the following steps:
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1. The data publisher initiates the creation of a new data NFT.
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2. The data NFT factory deploys the template for the new data NFT.
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### **Regular template**
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The regular template allows users to buy/sell/hold datatokens. The datatokens can be minted by the address having a [`MINTER`](roles.md#minter) role, making the supply of datatoken variable. This template is assigned _**`templateId =`**_`1` and the source code is available [here](https://github.com/oceanprotocol/contracts/blob/v4main/contracts/templates/ERC20Template.sol).
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The regular template allows users to buy/sell/hold datatokens. The datatokens can be minted by the address having a [`MINTER`](roles.md#minter) role, making the supply of datatoken variable. This template is assigned _**`templateId =`**_`1` and the source code is available [here](https://github.com/oceanprotocol/contracts/blob/main/contracts/templates/ERC20Template.sol).
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### **Enterprise template**
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The enterprise template has additional functions apart from methods in the ERC20 interface. This additional feature allows access to the service by paying in the basetoken instead of the datatoken. Internally, the smart contract handles the conversion of basetoken to datatoken, initiating an order to access the service, and minting/burning the datatoken. The total supply of the datatoken effectively remains 0 in the case of the enterprise template. This template is assigned _**`templateId =`**_`2` and the source code is available [here](https://github.com/oceanprotocol/contracts/blob/v4main/contracts/templates/ERC20TemplateEnterprise.sol).
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The enterprise template has additional functions apart from methods in the ERC20 interface. This additional feature allows access to the service by paying in the basetoken instead of the datatoken. Internally, the smart contract handles the conversion of basetoken to datatoken, initiating an order to access the service, and minting/burning the datatoken. The total supply of the datatoken effectively remains 0 in the case of the enterprise template. This template is assigned _**`templateId =`**_`2` and the source code is available [here](https://github.com/oceanprotocol/contracts/blob/main/contracts/templates/ERC20TemplateEnterprise.sol).
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#### Set the template
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"nft": {
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"address": "0x123",
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"name": "Ocean Protocol Asset v4",
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"symbol": "OCEAN-A-v4",
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"name": "Ocean Protocol Asset",
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"symbol": "OCEAN-A",
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"owner": "0x0000000",
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"state": 0,
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"created": "2000-10-31T01:30:00",
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{
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"nft": {
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"address": "0x000000",
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"name": "Ocean Protocol Asset v4",
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"symbol": "OCEAN-A-v4",
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"name": "Ocean Protocol Asset",
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"symbol": "OCEAN-A",
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"owner": "0x0000000",
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"state": 0,
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"created": "2000-10-31T01:30:00Z"
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* **dateCreated**, e.g. “2007–01–20”
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* **datePublished**, e.g. “2022–11–10T12:32:15Z”
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* **author**, e.g. “Spanish Almond Board”
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* **license**, e.g. “SAB Data License v4”
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* **license**, e.g. “SAB Data License”
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* technical information about the **files**, such as the content type.
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Other metadata might also be available. For example:
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@ -10,7 +10,7 @@ Well, brace yourselves for some exhilarating news! Introducing ocean.py, a Pytho
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### Overview
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ocean.py serves as a connection layer bridging the V4 smart contracts and various components such as [Provider](https://github.com/oceanprotocol/provider), [Aquarius](https://github.com/oceanprotocol/aquarius), and [Compute to Data engine](https://github.com/oceanprotocol/operator-service) within Ocean Protocol. This pythonic library brings all these elements together, facilitating seamless integration and interaction. By acting as an intermediary, ocean.py enables developers to easily leverage the functionalities offered by Ocean Protocol, making it a valuable tool in building applications and solutions that utilize decentralized data marketplaces. Its purpose is to simplify the process of connecting with smart contracts and accessing services provided by Provider, Aquarius, and Compute to Data engine, providing a convenient and efficient development experience for users.
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ocean.py serves as a connection layer bridging the smart contracts and various components such as [Provider](https://github.com/oceanprotocol/provider), [Aquarius](https://github.com/oceanprotocol/aquarius), and [Compute to Data engine](https://github.com/oceanprotocol/operator-service) within Ocean Protocol. This pythonic library brings all these elements together, facilitating seamless integration and interaction. By acting as an intermediary, ocean.py enables developers to easily leverage the functionalities offered by Ocean Protocol, making it a valuable tool in building applications and solutions that utilize decentralized data marketplaces. Its purpose is to simplify the process of connecting with smart contracts and accessing services provided by Provider, Aquarius, and Compute to Data engine, providing a convenient and efficient development experience for users.
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#### Architectural point of view
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### Appendix. Tips & tricks
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This README has a simple ML algorithm. However, Ocean C2D is not limited to usage in ML. The file [c2d-flow-more-examples.md](https://github.com/oceanprotocol/ocean.py/blob/v4main/READMEs/c2d-flow-more-examples.md) has examples from vision and other fields.
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This README has a simple ML algorithm. However, Ocean C2D is not limited to usage in ML. The file [c2d-flow-more-examples.md](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/c2d-flow-more-examples.md) has examples from vision and other fields.
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In the "publish algorithm" step, to replace the sample algorithm with another one:
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## Reference
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All content within has been assembled via reference of the [Ocean Data Farming Series](https://blog.oceanprotocol.com/ocean-data-farming-series-c7922f1d0e45), official [Ocean Protocol github repositories](https://github.com/oceanprotocol/), and [v4 Whitepapers](https://oceanprotocol.com/tech-whitepaper.pdf).
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All content within has been assembled via reference of the [Ocean Data Farming Series](https://blog.oceanprotocol.com/ocean-data-farming-series-c7922f1d0e45), official [Ocean Protocol github repositories](https://github.com/oceanprotocol/), and [Whitepapers](https://oceanprotocol.com/tech-whitepaper.pdf).
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To qualify for DF, an asset must also:
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* Have been created by Ocean Smart contracts [deployed](https://github.com/oceanprotocol/contracts/blob/v4main/addresses/address.json) by OPF to [production networks](../discover/networks/README.md)
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* Have been created by Ocean Smart contracts [deployed](https://github.com/oceanprotocol/contracts/blob/main/addresses/address.json) by OPF to [production networks](../discover/networks/README.md)
|
||||
* The asset must be listed on Ocean Market
|
||||
* Can’t be in [purgatory](https://github.com/oceanprotocol/list-purgatory/blob/main/policies/README.md)
|
||||
|
@ -18,7 +18,7 @@ Once you're confident that the dataset meets your requirements, you're ready to
|
||||
|
||||
### Let's Go Shopping! 💁♀️🛍️
|
||||
|
||||
1. Go to the [Ocean Market](https://v4.market.oceanprotocol.com/).
|
||||
1. Go to the [Ocean Market](https://market.oceanprotocol.com/).
|
||||
2. Search for NFTs using the search bar in the top right corner of the page. The Ocean Marketplace provides features to search for Data/Algorithm NFTs by text, and users can also sort the result by published date.
|
||||
3. Connect your wallet. If you know the network the asset is hosted on, then you can also select the network from the dropdown to the left of the Connect Wallet button to filter!
|
||||
|
||||
|
@ -24,7 +24,7 @@ Don't enjoy reading? Watch our video tutorial!
|
||||
|
||||
#### Getting Started 🏃💨
|
||||
|
||||
1. Go to the [Ocean Market](https://v4.market.oceanprotocol.com).
|
||||
1. Go to the [Ocean Market](https://market.oceanprotocol.com).
|
||||
2. Connect your wallet.
|
||||
3. Select the network where you would like to publish your NFT (ex. Ethereum, Polygon, etc).
|
||||
|
||||
@ -123,7 +123,7 @@ Now, your data NFT is successfully published and available in the Ocean Market!
|
||||
|
||||
![Successful publish](../.gitbook/assets/market/publish-7.png)
|
||||
|
||||
On the [profile page](https://v4.market.oceanprotocol.com/profile), a publisher has access to all their published assets.
|
||||
On the [profile page](https://market.oceanprotocol.com/profile), a publisher has access to all their published assets.
|
||||
|
||||
### Code flow
|
||||
|
||||
|
Loading…
Reference in New Issue
Block a user