Ocean Protocol

Ocean Protocol

Ocean Protocol Foundation
TokenTax

TokenTax

4.7 out of 5 stars
Ocean Protocol TokenTax

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Ocean Protocol:

About

Ocean Protocol unlocks the value of data. Data owners and consumers use Ocean Market app to publish, discover, and consume data in a secure, privacy-preserving fashion. Holders stake liquidity to data pools. Developers use Ocean libraries to build their own data wallets, data marketplaces, and more. Ocean data tokens wrap data services as industry-standard ERC20 tokens. This enables data wallets, data exchanges, and data co-ops by leveraging crypto wallets, exchanges, and other decentralized finance (DeFi) tools. Ocean makes it easy to publish data services (deploy and mint ERC20 data tokens), and to consume data services (spend data tokens). Crypto wallets, exchanges, and DAOs become data wallets, exchanges, and DAOs. Data tokens are the interface to connect data assets with blockchain and DeFi tools. Crypto wallets become data wallets, crypto exchanges become data marketplaces, DAOs for data co-ops, and more via DeFi composability.
TokenTax:

About

TokenTax is the only cryptocurrency tax software that integrates with every crypto exchange—from major players like Coinbase, Binance, and BitMEX to DeFi platforms to NFT marketplaces like Opensea. No matter where your data is from, we can import it via API or CSV and reconcile it with your trading history. What’s more, TokenTax automatically generates tax forms like the Form 8949, tracks your capital gains and losses, and can help you choose the right reporting strategy with our Tax Loss Harvesting tool. We give you the choice: file with our expert tax filing team, or easily take your crypto-related tax documents to another tax provider or filing software.
Ocean Protocol:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
TokenTax:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Ocean Protocol:

Audience

Crypto users interested in a solution to build data wallets and manage their data exchanges
TokenTax:

Audience

Cryptocurrency investors or accountants looking for a tax solution
Ocean Protocol:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
TokenTax:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
Ocean Protocol:

API

Offers API Not Supported
TokenTax:

API

Offers API Supported
Ocean Protocol:

Screenshots and Videos

TokenTax:

Screenshots and Videos

Ocean Protocol:

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported
TokenTax:

Pricing

$65 per tax year
Free Version Not Supported
Free Trial Not Supported
Ocean Protocol:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software
TokenTax:

Reviews/Ratings

Overall 4.7 / 5
ease 4.4 / 5
features 4.5 / 5
design 4.6 / 5
support 4.7 / 5
TokenTax:

Pros & Cons from Real Users

Pros

  • A complex crypto reconciliation has been delivered on time for two years. One does not simply do this.
  • Customer service is unparalleled, extremely responsive to all questions. Everyone I worked with at TT was a pro. If you're stressing about your crypto filing this is the place for you, they're pros, 5 STARS!
  • TokenTax has grown so much over 4 years since I first started using the software to collect all my transactions. Nowadays, they have advanced integrations for DeFi and centralized exchanges. The customer service is amazing. They're sincerely committed to being helpful and kind to customers. But more importantly, no one is more expert than this team. You'll hear others larping they know as much about crypto taxes but it is undeniable they're at the bleeding edge of crypto tax knowledge. They continue to hire the smartest folks from the likes of KPMG (Arthur Teller) and others from places like Microsoft who actually worked on the Excel product (James). While I currently use their most advanced enterprise level service, previously, I've used their lower tier software package when my taxes were simpler and they were amazing to me back then. However, the last 2 years have required a finer touch and I am please to say they've over-delivered on this top level service. Few businesses meet my expectations nowadays, but TokenTax continually exceeds them.
  • • Experts with tremendous experience in all matters of accounting, including complex cryptocurrency issues (DeFi, Liquidity Providing, Airdrops, Cross-Chain, Missing Transactions, High Transaction volume, etc). • Personalized attention to detail. • Prompt responses • Variety of packages available depending on client needs
  • - TokenTax team is deep into crypto and are on top of the latest trends and changes in different token types - They are highly responsive - They understand tax law well

Cons

  • Do not expect a quick turnaround or not to do any work. You need to provide your records and respond to the team's questions. Be proactive about discussing your unique situation and expectations.
  • Nothing to see here! Can't think of anything negative in my experience.
  • I heard from some random complaints on Twitter back in fall 2021, when the crypto markets started taking off and TokenTax was growing like gangbusters. I have to say I truthfully didn't experience any such growing pains with TokenTax, but at least now, in 2021/2022, I can firmly attest they've scaled up significantly to provide the most unbelievable level of service. One complaint you hear is "they don't support all blockchains" or "they're missing a DeFi app" and neither are true. Because a) you can upload any CSV for any blockchain transactions and b) you can also upload those separate transactions for new DeFi apps. There's hundreds of DeFi apps that come and go so you can't expect TokenTax to support every protocol with deep integrations.
  • • Candidly, I have zero cons. TokenTax took extremely good care of me from start to finish. Perhaps the only thing I could critique would be that it can take up to a day to get back to you, but the attention to detail in their replies more than make up for that small wait.
  • The software is still buggy and requires a lot of manual updates and changes. Also I felt the crypto side of the house was a lot more in order than the non crypto tax filing side of the house.
Ocean Protocol:

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported
TokenTax:

Training

Documentation Supported
Webinars Supported
Live Online Not Supported
In Person Not Supported
Ocean Protocol:

Company Information

Ocean Protocol Foundation
Singapore
oceanprotocol.com
TokenTax:

Company Information

TokenTax
Founded: 2017
United States
tokentax.co
Ocean Protocol:

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TokenTax:

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Ocean Protocol:

Categories

Asset Tokenization Supported
Blockchain Supported
DeFi Projects Supported
DeFi Tools Supported
TokenTax:

Categories

Crypto Supported
Crypto Accounting Supported
Crypto Tax Supported
DeFi Tools Supported
TokenTax:

Crypto Tax Features

Automated Data Import Supported
Exchange Integration Supported
Export Transactions Supported
Historical Prices Supported
Income Overview Supported
Margin & Futures Support Not Supported
Profit & Loss / Cap Gains Supported
Staking / Lending / DeFi Support Supported
Tax Form Generation Supported
Tax Loss Harvesting Supported
Wallet Integration Supported
Ocean Protocol:

Integrations

Bitstamp Not Supported
BTC Markets Not Supported
Balancer Supported
BigchainDB Supported
Binance Not Supported
BitMEX Not Supported
BitPay Not Supported
Bitfinex Not Supported
EtherDelta Not Supported
Gate.io Not Supported
Gemini Not Supported
HitBTC Not Supported
Koinly Not Supported
OAuth Supported
Synthetix Not Supported
The Rock Trading Not Supported
Zerion Not Supported
eToro Not Supported
TokenTax:

Integrations

Bitstamp Supported
BTC Markets Supported
Balancer Not Supported
BigchainDB Not Supported
Binance Supported
BitMEX Supported
BitPay Supported
Bitfinex Supported
EtherDelta Supported
Gate.io Supported
Gemini Supported
HitBTC Supported
Koinly Supported
OAuth Not Supported
Synthetix Supported
The Rock Trading Supported
Zerion Supported
eToro Supported
Ocean Protocol:
Claim Ocean Protocol and update features and information
Claim Ocean Protocol and update features and information
TokenTax:
Claim TokenTax and update features and information
Claim TokenTax and update features and information