Passive Income? New Start-Up Would Pay you to Share Personal Data

[uchegod-21]

Would you share personal your data to an ad company for a pay? The data will be used for advertising purposes where you can earn a cut of the revenue that the app generates from it.

This isn't an issue to some people who had already lost their data severally to random platforms. Besides this is exactly what banks does with our data without our consent let alone paying us.
So, I wouldn't be surprised to see people subscribe to the idea.

Another issue to consider is how long would they continue to pay you because if your data is harvested once, they may pay once or twice and stop paying you while continuing using your data.

[xSkylarx]

Would you share personal your data to an ad company for a pay? The data will be used for advertising purposes where you can earn a cut of the revenue that the app generates from it.

This isn't an issue to some people who had already lost their data severally to random platforms. Besides this is exactly what banks does with our data without our consent let alone paying us.
So, I wouldn't be surprised to see people subscribe to the idea.

Another issue to consider is how long would they continue to pay you because if your data is harvested once, they may pay once or twice and stop paying you while continuing using your data.

That is also a problem but for sure when we agree for the terms we should be reading it thoroughly if we decide to stop the called data harvesting on you . So probably they will do is that they will stop collecting data on you but again your existing data or your previous data will still be on them and cant be archive or deleted since it is always a win situation for them . Though there is still a lot of things that needs answer like how can they cater if there are a lot of users will sign up on this?

[virasisog]

Would you share personal your data to an ad company for a pay? The data will be used for advertising purposes where you can earn a cut of the revenue that the app generates from it.

This isn't an issue to some people who had already lost their data severally to random platforms. Besides this is exactly what banks does with our data without our consent let alone paying us.
So, I wouldn't be surprised to see people subscribe to the idea.

Another issue to consider is how long would they continue to pay you because if your data is harvested once, they may pay once or twice and stop paying you while continuing to use your data.

It's free so I'm sure that many people would be interested in it despite risking their personal data. If the payment would be worth risking, then I would grab this opportunity.
Our data is being shared online through different platforms, especially those that usually ask for KYC so I don't think taking the risk would be too hard. It would be a lot better if the offer would come from a legit and trusted company.

[bitgolden]

So they are really doing this just to gather your data. $50 per month to remove your privacy; I'm sure many people will agree to this because they don't realize how dangerous and not good it is to be without privacy. I won't say yes or no with this since $50 per month is already huge to us and we are in need of money, but at the same time we need privacy. That is why we really won't be very vocal on social media because we want privacy.

There is a difference between stealing your data to use for illegal stuff, and actually gathering data do something legal. Like if I get the data of a million people and not even share it with marketing people but just get offers and do it, like facebook does, then I could be basically a good guy, because I am not sharing it with any people, marketing people tells me "show this to gamers" and I do, and they have to trust me.

But, if I steal your data and act as if I am you and take out a loan? Now that is totally different thing and we are talking about a risky thing. That's why most places added "show a paper of current date" on the KYC thing as well, had to be added.

[Alpha Marine]

Would you share personal your data to an ad company for a pay? The data will be used for advertising purposes where you can earn a cut of the revenue that the app generates from it. This data would include- what you buy or watch on your mobile device. For instance, a user could consent to sharing his ride-share history so advertisers could create segments of people who ride a certain amount. That would eventually pay consumers up to $50 a month. Can you do it? Could this be considered as a passive income?

News Source

As much as people are free to do whatever they want with their life, this would not be a smart move. A third party company having all your data is all shades of wrong. Its difficult enough as it is to have complete privacy online. Willingly giving permission for a company to know and everything you do online is a whole new level. I'm even tempted to say its laughable but then, not everybody cares about their privacy. And for $5 to $20 a month? c'mon!!

[Ultegra134]

I've been reading the replies, and I'm suggesting that you wait until it's out of the beta testing phase in order to form a justified opinion. $50 per month sounds way too much for doing something you're already doing, basically for free. In my opinion, I find it hard to believe that it will be over $20 per month. If we suppose that you're actually receiving the $50 that other posters mentioned and claimed to be a petty amount, it's actually $600 per year, which is almost another full salary in Greece. We should speculate on things on a long-term basis.

The platform is running with a limited number of users so far; it'd be interesting to review it after it's open to the public.

[AmoreJaz]

I've been reading the replies, and I'm suggesting that you wait until it's out of the beta testing phase in order to form a justified opinion. $50 per month sounds way too much for doing something you're already doing, basically for free. In my opinion, I find it hard to believe that it will be over $20 per month. If we suppose that you're actually receiving the $50 that other posters mentioned and claimed to be a petty amount, it's actually $600 per year, which is almost another full salary in Greece. We should speculate on things on a long-term basis.

The platform is running with a limited number of users so far; it'd be interesting to review it after it's open to the public.

i won't consider such source of money to be an influence with my income. yes, it may be passive, but what is the frequency of getting 50 bucks a month from this app? it is like most survey sites, you will only earn a lil bit if you qualify for their requirements, and not all the time that you will be included in the survey. also, do take note that your movements are recorded on this app, if that's fine with you, great but if you want privacy, better not to. like you will receive an email from out of nowhere, offering a staycation because the app is suggesting you like staycations. you would wonder why they seem to know your movements and preferences, so you need to expect such scenario will happen if you register on this site.

[Mr.right85]

Would you share personal your data to an ad company for a pay? The data will be used for advertising purposes where you can earn a cut of the revenue that the app generates from it.

This isn't an issue to some people who had already lost their data severally to random platforms. Besides this is exactly what banks does with our data without our consent let alone paying us.
So, I wouldn't be surprised to see people subscribe to the idea.

Lol, it's funny you would approach it this way but it's nothing short of the truth. It's the reason why some who knows how much cryptocurrency offers and values privacy stays with the system and operates based on it's principles.

But, if we try to look at banks and the organisation in question, there is a level of compliance and bias that might play to one being more comfortable with the banks that aren't paying you shit as against an organisation that isn't well known but yet ready to pay for a glimpse into your dealings.

Like you've said, it's good enough for some and your surely going to find those people digging in. Those that carres very little of privacy and are in desperate need of money.

[maydna]

Of course not. My personal data is very important, and I want to keep my personal data private from third parties and get paid because usually, the fees are not big and only very little. Third parties will receive the most payment because they can use people's personal data for various things. In addition, we will never know how secure their company is from hackers who want to steal important data from their users. There are many other ways to earn passive income, and if we can't get it right now, we have to keep trying because one day, we will get it.

[Outhue]

I don't like this idea, for me it's a No but there are many people in the world today that are suffering financially due to a bad country's economy, and they will do anything to get rid of their problem.

Do not sell your personal data for some dollars because your data won't be safe in the hands of third-party companies or platforms, they will promise that your data is safe but it's not.

[Leviathan.007]

Would you share personal your data to an ad company for a pay? The data will be used for advertising purposes where you can earn a cut of the revenue that the app generates from it. This data would include- what you buy or watch on your mobile device. For instance, a user could consent to sharing his ride-share history so advertisers could create segments of people who ride a certain amount. That would eventually pay consumers up to $50 a month. Can you do it? Could this be considered as a passive income?

News Source

The thing is if they pay really pay you 50 dollars a month this personal information is much more valuable for them and they will use the personal information to earn for than 50 dollars, we know are in years when advertisers can earn lots of money but this can be very much dangerous to share this information, even if the person is not important and doesn't have any specially thing in his personal information still the personal information worth much more than a few dollars per month.