H2O

H2O

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A stable asset that allows users to transact freely in Ocean’s decentralized data marketplace, removing the variability of Ocean pricing. Learn more
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DateInvestorsAmountRound
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$1.3m

Early VC
Total FundingCAD1.8m

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H2O Data is a pioneering company in the Web3 Data Economy, offering a unique stable asset called H2O. This stable asset allows users to transact freely in decentralized data marketplaces, effectively removing the variability associated with Ocean token pricing. H2O is initially backed by the OCEAN token and will expand to include other next-generation data tokens in the future. The company operates under a governance model managed by the Poseidon token, which allows holders to control and modify protocol parameters. This governance structure helps shape the project's development and incentivizes liquidity within the protocol. H2O Data primarily serves clients involved in decentralized finance (DeFi) and data marketplaces, providing them with a reliable and stable medium of exchange. The business model revolves around the issuance and management of the H2O stable asset, with revenue generated through transaction fees and staking incentives. H2O Data aims to create a more stable and efficient ecosystem for data transactions, addressing the volatility issues that often plague decentralized marketplaces.

Keywords: Web3, stable asset, decentralized finance, data marketplace, Ocean token, Poseidon governance, liquidity incentives, DeFi, protocol parameters, transaction stability.