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Just read in your medium post: :Datawallet has the potential to significantly impact the lives of billions of people: we estimate that by 2022, a person’s data could have an average value of $7,000 per year." Sounds pretty awesome, can you explain your estimation please?
Look forward!
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Yep I saw but they explain the difference with standard data brokers and not Datum that has just finished their ICO to create a decentralized data wallet and marketplace where you can monetize your data too. Businesses will be able to buy via an API as well. So it looks pretty similar. Datum has an API for raw data — which, as explained in the post, has little to no value to companies. Okay. Datum has never been very clear anyway, not sure they know that actually. Cool. So you are going to build you own blockchain protocol, if I well understood the whitepaper? Are you forking from an existing platform or building from scratch? |
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Yep I saw but they explain the difference with standard data brokers and not Datum that has just finished their ICO to create a decentralized data wallet and marketplace where you can monetize your data too. Businesses will be able to buy via an API as well. So it looks pretty similar. |
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Hello Team, what's the difference with Datum? They also want to provide an API. https://datum.org/Thanks! |
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How much (in DAT tokens), storing my data is going to cost me? Am I going to pay per Gb stored? Thanks!
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How do you protect my data after a buyer has downloaded it?
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Looks a nice ICO, almost ready to invest but Do you guys have example of who will buy my data? Do you have clients already ready to acquire data? And also what is your estimation of critical amount of users to start being able to sell data? As I think my data alone or of a few thousands of people are not really worth much for a buyer. Working in the data market, data start to be valuable with millions+ data subjects. Thanks and good luck in any case!
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about the buying/selling of the data, there is the demo app you can try its quite simple to use actually
Hey Piggy, where could I try the demo app? thanks! |
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Hello Datum, I like the idea but I have a couple of questions to clarify your product:
- How do I upload my data, let's say facebook or youtube, to your app? And actually what data can I submit, do you have a list somewhere?
- How did you come up with USD 2000 a year?
- A buyer will buy just my data or datasets? how do they buy? Is there an interface for that?
- If my data is that large, how can you store on the blockchain, is it not too big?
Thanks!
Good questions. I also would like to hear some answers about this from the datum team  In my opinion the 2000$ is overcast, but well. maybe 2000 is overcast yes but if its only 1500 it would still be great I agree, 1500 is def good too, but I wonder more between usd 10+ and 1000+. Data are great but only when there is millions of data subjects. |
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Hello Datum, I like the idea but I have a couple of questions to clarify your product:
- How do I upload my data, let's say facebook or youtube, to your app? And actually what data can I submit, do you have a list somewhere?
- How did you come up with USD 2000 a year?
- A buyer will buy just my data or datasets? how do they buy? Is there an interface for that?
- If my data is that large, how can you store on the blockchain, is it not too big?
Thanks!
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Hey Yuuto, thanks for your reply! Indeed and I actually think that Watson wouldn't be able to measure the quality of a project. Hence we started by actually measuring the hype by analysing news and forums (from pre ICO periods) of top performing ICOs and we compare it with bad ICOs. With a first dataset and very first criteria analysed in 24h, we reach a 54% accuracy of differentiating good from the bad on 40 ICOs. Still a lot of work to do!!
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Hey SamboNZ, this won't be a coin or token, no ICO planned. It is just a prediction tool to help decide whether an ICO is worth it or not.
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At the end of the hackaton, I will share mockups and some test results   |
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Hello Everyone We are at an IBM Hackaton and we have this idea of using IBM Watson to evaluate the potential of upcoming ICOs. We call it Nicola. We are not promoting it but just looking for a community validation It is super hard for many average investors to just find a way to evaluate any ICO, and those rating websites out there are pretty crap. Decision is then based on: 1/ feelings for small investors that don't spend too much time on analysis or 2/ a very long time consuming analysis of information available which not many (small) investors can afford. Therefore we want to simplify this process using AI. We source and analyse a wide variety of historic data (news, forums, ico structure, white paper, team relations...) from the pre-ICOs periods of top performing ICOs to date (best ROI a month after being traded on exchange platforms) and we understand what characteristics a successful ICO has to have. Then we do the same analysis with upcoming ICOs to give an evaluation and chance of success compared to these top performing ICOs. Since the research is only done once for an ICO but the results could be shown to many users (with later on adjusting the results depending on user's investment preferences), a small fee could be charged per request or per subscription to Nicola. Validation is key in a hackaton and we just would like direct feedback if it would be something you could use if it proves to be working/successful? If it sounds interesting, validation for us is done by gathering emails from the community to show people would be interested in getting updates: https://nicolaai.wixsite.com/nicola Thanks to the community! |
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