As per an official blog post released on Thursday, the Ocean Protocol (Ocean) has deferred its much-awaited Ocean Nodes Incentive Program. According to the decentralized data exchange protocol, the program has been rescheduled for August 29, 2024.Â
More so, in the post, the Ocean Protocol disclosed that the postponement surfaced as part of its effort to ensure that participants enjoy a good experience throughout the program. Consequently, the protocol revealed that it will take advantage of the change in date to address needed backend updates that may affect the program.
Additionally, the Ocean Protocol said that it discovered some issues with the monitoring system that helps in tracking node uptime and determining which user is eligible for incentives. This issue, according to the firm, is essential in ensuring a fair contest for all participants.
In the statement, the Ocean Protocol team divulged that upon identifying and fixing the bug, it decided to postpone the program to ensure that everything was in order before launching. Furthermore, while addressing the issue, the team also upgraded the Ocean Nodes Dashboard.
Meanwhile, the new addition to the dashboard will help improve user experience and provide users with more detailed data. The team explained how users can now leverage the newly added sorting and filtering feature that allows them to select the columns they wish to view.
While explaining the rationale behind the additions, the Ocean Protocol team added that the features will aid users to have autonomy over how they interact with data.
Side Note On Ocean Protocol
Recall that on July 1, the Ocean Protocol utility token, OCEAN was converted to Fetch.ai token (FET) as part of the artificial superintelligence alliance (ASI) merger. The ASI merger is an initiative that aims to unite a host of artificial intelligence cryptocurrencies under a single protocol.
More so, the merger involves Ocean Protocol, Fetch.ai, and SingularityNet. The initiative will see the conversion of the tokens for the new ASI. Similarly, SingularityNet converted its tokens into FET and the three projects are waiting for the final stage of the merger.
The final stage of the alliance will see FET change its ticker to ASI. Upon launching, the ASI token will hold a market cap worth more than $7.5 billion. Likewise, the last stage of the merger also includes the introduction of new contracts that will further convert the rest of FET, AGIX, and OCEAN tokens to the newly introduced ASI.