Progress Update #2 — July 2018

We’re launching August 15, 2018! Get ready to dive into The Ocean.

The Ocean
The Ocean
Published in
4 min readAug 6, 2018

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Greetings! We’re back again with another update on what we’ve been up to this past month. This includes major changes, content releases, and other news worthy of your attention.

We’re Alive! Trade on Mainnet during Beta

In the latter half of July, we launched beta (with all transaction fees waived) as part of our early adopters reward program. Since then, we’ve been gathering your feedback and tracking performance to fuel adjustments across our platform. Thank you to the traders who have participated thus far, and we look forward to onboarding hundreds more in the coming week. Keep a lookout for your email invite very soon.

To ramp up activity and reward beta testers, we’re giving away 10 Ledger Nano devices to those who trade the most volume up until launch day. If you haven’t already, sign up now to queue up for access to beta.

Early Adopter Rewards Doubled

We believe the future of trading is free of intermediaries. Value should flow easily and freely across the world in a reliable, accessible, and speedy way. To better accommodate this vision, we’ve extended our airdrop and beta period until August 15th, 2018.

This gives us ample time to ensure that everyone who sign ups early has day one access to our platform. We’ll also be doubling down on making rapid improvements to trading and liquidity, as well closing out some additional partnerships and tokens for launch.

And as a sign of our appreciation for your support and patience, we’ve sweetened the rewards for all early adopters. All approved traders will now receive double the airdrop tokens and an invite to beta. Enjoy!

DEXs at hack.summit(“blockchain”)

Decentralized custody solutions are becoming an undeniable part of the blockchain ecosystem. We’re on the cusp of transforming not only how cryptocurrency is traded but also how Wall Street’s own asset classes fit into the picture. As a testament to this disruptive power, we joined folks from Pantera Capital, Hyperledger, Stellar, and other visionaries at the world’s biggest, open-source blockchain conference, hack.summit(“blockchain”).

Olá! Hola! Bonjour!

As a company focused on long-term success, we consider worldwide reach crucial.

To ensure global inclusivity, we’re collaborating with several translators and community managers to expand language support now to Spanish, Portuguese, and French at launch. In addition to Korean, Japanese, Chinese, and Russian, this makes 7 languages in total!

Ways to Get Involved

  • Along with our language support, we’re also looking to jumpstart an international community program soon. We’re interested in planning events and scouting for high-quality projects in your country! To show your support, reach out to hello@theocean.trade.
  • Aside from offering some of the lowest fees in the game at public release, we’re also offering additional incentives to dedicated market makers. This starts with zero fees! If you’re interested in learning more, contact us at maker@theocean.trade.

Introduction to The Ocean: The Next Generation of DEXs

Want a refresher on The Ocean and what makes us so unique? We’ve gathered up all our answers to your most frequently asked questions (What are wallet-to-wallet swaps? Why should I trade on The Ocean?) and created a quick-start guide to who we are. Read up and spread your love of DEXs!

Trustless Market Orders

And for those who are already fans of decentralized exchanges, our CTO, Ari, put together a technical article on our approach to Trustless Market Orders on the 0x Protocol. Through an Reservation system, we guarantee best execution, minimal transaction fees, and recreate the efficiency of traditional exchanges.

What’s New?

And finally, here’s an aggregated list of all the news and content that we pushed out this month. Sit back, relax, and happy reading!

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We’re rapidly approaching launch! Don’t forget to sign up and join our Telegram for launch in just a few weeks.

Follow us on Twitter at @TheOceanTrade or subscribe to our newsletter to stay in the loop.

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The Ocean
The Ocean

The Ocean is a high performance 0x-based Ethereum ERC20 token trading platform. Sign up for launch news: www.theocean.trade