Ocean Network
Ocean Network is a decentralized peer-to-peer GPU compute marketplace serving AI/ML developers. Its Ocean Orchestrator IDE extension and ON MCP server enable pay-per-use containerized AI workloads across globally distributed independent node operators via Base L2.
- Company typePrivate
- Founded-
- HeadquartersSingapore, Singapore
- Headcount—
- GTM typeB2C
- OfferingSoftware
What Ocean Network does
Ocean Network operates a decentralized peer-to-peer compute marketplace that aggregates GPU and CPU resources from independent node operators worldwide, enabling AI/ML developers and data scientists to run pay-per-use containerized compute jobs without provisioning or managing infrastructure. The platform is built on libp2p for peer discovery and runs on Base, an Ethereum Layer-2 network, for low-fee transaction settlement and smart escrow-based payments in COMPY tokens or USDC. Headquartered in Singapore and powered by the Ocean Protocol Foundation, the network is in public beta as of March 2026.
The company's product surface centers on Ocean Orchestrator, a VS Code extension (also compatible with Cursor, Windsurf, and Antigravity) that packages code into containers and dispatches workloads to remote nodes with a one-click workflow. Supporting products include ON MCP, a Model Context Protocol server exposing approximately 80 tools that bridge AI agents (Claude, ChatGPT, Gemini, GitHub Copilot) directly to the network; Ocean CLI for terminal-based interaction; persistent bucket storage with ERC-721 soulbound NFT access control; and a Compute-to-Data architecture that minimizes data movement by sending compute to where data resides. Node benchmarking and automatic retry/reassignment address reliability challenges inherent in decentralized execution.
Ocean Network generates revenue through usage-based fees on its GPU/CPU marketplace plus escrow-based transaction settlement, with H200 GPU pricing at $2.16/hr (approximately 50% below AWS GPU/EC2 and below other decentralized compute networks). The go-to-market is purely product-led growth: self-serve onboarding with a $100 grant token for new users, IDE marketplace listings, and developer community channels (Discord, GitHub, X). Strategic integrations with Alchemy for blockchain infrastructure, Base for settlement, and Aethir as an ecosystem collaborator round out the commercial posture.
Ocean Network firmographics
Firmographics- Name
- Ocean Network
- Legal name
- Ocean Protocol Foundation
- Website
- https://oncompute.ai
- Company type
- Private
- Operating status
- Operating
- Short description
- Ocean Network is a decentralized peer-to-peer GPU compute marketplace serving AI/ML developers. Its Ocean Orchestrator IDE extension and ON MCP server enable pay-per-use containerized AI workloads across globally distributed independent node operators via Base L2.
- Ownership category
- akta.pro rank
Ocean Network industry classification
Industry- Product category
- Decentralized GPU Compute
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Rental, Sharing & Peer‑to‑Peer Local Asset Platforms (Tools, Storage, Parking) (BPAMAHAM)
- akta.pro secondary industry
- Hyperscale/OEM & Open Compute (OCP) Server Platforms (HDACABAI)
Keywords
Where Ocean Network is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
Ocean Network business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Operations, Marketing or Sales, Personnel
Revenue model
- GPU/CPU Compute Marketplace: Ocean Network operates a marketplace where node operators rent out GPU and CPU compute resources to developers. Developers pay-per-use based on actual runtime duration rather than reserved capacity. Payment is made via COMPY tokens (on Base network) or fiat credit card.
- Escrow Services: Platform takes a fee through escrow-based payment settlement for paid compute jobs. Funds are locked in escrow when job starts and released to node operators upon successful completion.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Pay-per-use GPU compute jobs |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Ocean Network product offering
Product offeringCore offering
Ocean Network operates a decentralized peer-to-peer (P2P) compute marketplace that aggregates GPU and CPU resources from independent node operators worldwide and rents them to developers on a pay-per-use basis. Customers discover and submit containerized AI/ML workloads (model training, fine-tuning, inference) through a self-serve web dashboard, a VS Code/Cursor/Windsurf/Antigravity extension (Ocean Orchestrator), a CLI, or an MCP server, with payment handled via smart escrow on the Base Ethereum L2.
Product overview
Ocean Network is a decentralized peer-to-peer (P2P) compute network that functions as a platform-plus-modules architecture. The core offering combines Ocean Orchestrator (VS Code extension), the GPU Compute Dashboard, and Ocean CLI for accessing distributed GPU/CPU resources. Supporting modules include ON MCP for AI agent integration, Persistent Storage for bucket-based data mounting, and Use Cases/Tutorials for guided workloads. Ocean Nodes form the execution layer, while Compute to Data architecture enables running jobs near data. The network operates on Base (Ethereum L2) for low-fee transactions.
Differentiator
Problem solved
Functional benefit
Brands
- Ocean Orchestrator: VS Code extension for running AI jobs from IDE with one-click workflow
- Ocean CLI
- ON MCP
- COMPY Tokens
Products and services
- Ocean Orchestrator IDE extension (VS Code, Cursor, Windsurf, Antigravity) that packages local code into containers and dispatches them to remote Ocean Nodes for execution, streaming logs and outputs back to the editor. Targets AI/ML developers who want to run GPU jobs without provisioning infrastructure.
- GPU Compute Marketplace Self-serve web dashboard (dashboard.oncompute.ai) where developers browse and select GPU/CPU nodes by spec, price, and availability, then run pay-per-use compute jobs. H200 GPU priced at $2.16/hr with new users receiving $100 in grant tokens.
- Ocean CLI Command-line tool that allows developers and data scientists to publish datasets, consume data, and run compute jobs on Ocean Network directly from the terminal.
- Ocean Node Software that runs on a node operator's machine, exposing GPU/CPU/memory/storage to the network, processing compute jobs, indexing metadata, and storing data. Operators earn rewards for providing compute and can track earnings and leaderboard position.
- ON MCP Server Model Context Protocol server that bridges AI assistants to the Ocean Network, exposing approximately 80 tools for discovering compute providers, writing and validating C2D algorithms, running free or paid jobs, and managing persistent storage.
- Persistent Storage Node-local bucket storage system with owner-scoped buckets (UUID) and ERC-721 soulbound NFT access lists, allowing data to be stored once and mounted into compute job containers at /data/persistentStorage//.
Quantifiable outcome
- 50% cost reduction vs AWS GPU pricing (H200 at $2.16/hr vs $4.33/hr)
- +1 more outcomes
Companies that use Ocean Network
Customer profileSegments2 records
Ideal customer profiles2 records
Ocean Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability6 records
Feature7 records
Ocean Network partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- AlchemycoreAlchemy is listed as a collaborator, suggesting infrastructure integration for blockchain operations. Alchemy provides blockchain development infrastructure and APIs that Ocean Network may utilize for Base network connectivity and transaction processing.
- Base (Coinbase L2)coreBase (Base.org) is the Ethereum L2 network where Ocean Network is deployed for low-fee, high-speed transactions. Ocean Network relies on Base for its payment settlement layer and escrow functionality.
- Ocean Protocol FoundationcoreOcean Network is powered by the Ocean Protocol Foundation. The Foundation provides the underlying protocol technology and governance framework for the network.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Ocean Network competitors and assessment
Company assessmentDirect peers
- Akash Network: Decentralized marketplace for cloud compute (including GPUs) where providers lease capacity and tenants pay with AKT tokens. Most directly comparable to Ocean Network in business model, target user (AI/ML developers seeking cheap GPU), and Cosmos-based settlement layer.
- Vast.ai: Marketplace that matches developers with individuals renting out GPU machines at discounted rates. Same core two-sided P2P GPU rental model as Ocean Network, though uses fiat payments rather than tokens and predates the AI-compute boom.
- io.net: Decentralized GPU network that aggregates consumer and data-center GPUs for AI/ML workloads, with a pay-per-use marketplace and developer tooling. Closest direct competitor to Ocean Network in positioning, technology stack (Solana-based) and target developer audience.
- Render Network: Decentralized GPU rendering network that connects node operators with creators needing GPU compute, paying in RNDR tokens. Comparable marketplace architecture and crypto-rail payments, though historically focused on rendering rather than general AI training/inference.
- Aethir: Decentralized GPU cloud focused on AI and gaming workloads; listed as a confirmed Ocean Network collaborator, indicating overlapping supply pools and shared positioning in the P2P GPU segment. Comparable target customer (AI developers) and token-based settlement model.
Emerging players
- Gensyn AI: Decentralized protocol purpose-built for ML model training that coordinates heterogeneous compute contributors with cryptographic verification. Overlaps with Ocean Network on AI-developer tooling and decentralized GPU supply, but specializes in training-stage verification.
- Salad.com: Consumer GPU-sharing network monetizing idle gaming PCs for containerized workloads, including AI inference. Comparable supply-side model (consumer GPUs) and target use cases, but currently narrower in workload mix than Ocean Network.
Broad incumbents
- CoreWeave: Large-scale centralized GPU cloud provider purpose-built for AI workloads, serving many of the same end-customer use cases (LLM training, inference). Sets the price benchmark Ocean competes against (NVIDIA H100/H200 at premium rates) and represents the conventional alternative to decentralized compute.
- Together AI: AI cloud platform providing on-demand GPU instances and managed inference/training services for open-source and frontier models. Competes with Ocean Network for AI-developer GPU budget via a centralized, developer-friendly stack.
- AWS EC2 (P5 instances): Hyperscaler reference price for H100/H200 GPU compute ($4.33/hr explicitly cited by Ocean). Sets the cost benchmark Ocean's 50% advantage is measured against and represents the dominant centralized alternative.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Ocean Network social profiles
Digital presenceOcean Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ocean Network leadership team
Management profileNumber of profiles
Profiles1 record
Ocean Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ocean Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ocean Network
What does Ocean Network do?
Ocean Network operates a decentralized peer-to-peer (P2P) compute marketplace that aggregates GPU and CPU resources from independent node operators worldwide and rents them to developers on a pay-per-use basis. Customers discover and submit containerized AI/ML workloads (model training, fine-tuning, inference) through a self-serve web dashboard, a VS Code/Cursor/Windsurf/Antigravity extension (Ocean Orchestrator), a CLI, or an MCP server, with payment handled via smart escrow on the Base Ethereum L2.
Is Ocean Network a public or private company?
Ocean Network is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Ocean Network founded?
Ocean Network was founded in -1.
Where is Ocean Network based?
Ocean Network is headquartered in Singapore, Singapore, in the Asia region.
How does Ocean Network make money?
Two revenue lines are on record. GPU/CPU Compute Marketplace is the primary driver. The others are escrow Services.
Who are Ocean Network's main competitors?
Direct peers on record are Akash Network, Vast.ai, io.net, Render Network and Aethir. Emerging players are Gensyn AI and Salad.com. Broad incumbents are CoreWeave, Together AI and AWS EC2 (P5 instances).
Does Ocean Network have an API?
Yes. ON Compute MCP is a Model Context Protocol server that bridges AI agents to Ocean Network, exposing approximately 80 MCP tools plus searchable documentation resources. It connects to Claude, Cursor, ChatGPT, Gemini, and VS Code/GitHub Copilot. The server is P2P-first: on startup it joins the Ocean libp2p network and discovers nodes over DHT. Tools include peer discovery (find_provider, mcp_server_peers, list_discovered_peers, resolve_peer_multiaddr), asset management (resolveDdo, validateDdo, order_asset), compute lifecycle (getComputeEnvironments, validate_algo_structure, initializeCompute, freeComputeStart, computeStart, computeStatus, computeStop, getComputeResult, getNodeJobs), authentication (create_auth_token, getNonce), persistent storage (node_status, createPersistentStorageBucket, upload_persistent_storage_file, listPersistentStorageFiles, deletePersistentStorageFile), and on-chain/escrow operations (escrow_deposit/withdraw, escrow_authorize/get_authorizations, get_balance, broadcast_transaction). The MCP server URL is https://mcp.oncompute.ai/mcp. On-chain tools return unsigned transactions; the server never holds funds or signs anything. Developer documentation is at docs.oncompute.ai/on-mcp/quickstart.
What industry is Ocean Network in?
Ocean Network's product category is Decentralized GPU Compute. Its primary akta.pro industry code is BPAMAHAM, Rental, Sharing & Peer‑to‑Peer Local Asset Platforms (Tools, Storage, Parking), with a secondary code of HDACABAI, Hyperscale/OEM & Open Compute (OCP) Server Platforms. Its NAICS code is 518 and its SIC code is 7373.