Personal Data — The oil of the 21st century
11th of May saved for PDATA IEO
The world’s most valuable resource is no longer oil, but data, as The Economist had clearly defined it back in 2017. And here we have PDATA, making the best out of it for you and me! Giving the ability to earn money by selling your anonymised data, instead of giving it away.
We’re happy to announce, that PDATA selected ExMarkets to launch their Initial Exchange Offering (IEO). Set your alerts for May 11th!
Head over to ExMarkets and register your account, don’t miss the action!
More about Opiria — a personal data marketplace powered by blockchain
Opiria, a place where everyone is in full control of their own data and have the possibility to make a profit selling their data to whom ever requests it. Opiria is a working product since 2015, used by hundreds of customers globally, including many Fortune 500 companies such as BMW, Audi, Mercedes, Volkswagen, GM, Nissan, P&G and Intel.
For an instance, here is what Dr. Wolfram Remliner, a high level executive in Audi´s Research & Development department, has commented about Opiria:
“Opiria really understands what B2B companies need in order to design customer-oriented solutions that have a high added value.
Opiria-platform will have a huge impact on how companies world wide will gather and analyze personal data in the future.”
Opiria marketplace, how does it work?
Opiria marketplace is establishing a two-sided token economy with companies on one side and consumers on the other side. Through Opiria marketplace companies can purchase data from the consumers and pay them with PDATA tokens. That means PDATA tokens will act as the primary medium-of-exchange in the entire ecosystem.
The amount of compensation depends on the type and amount of data that is sold. This can range from 1 USD for participating in a simple survey and can go up to 100 USD for selling one month of web-browsing and online shopping data.
Companies globally have to purchase the PDATA tokens from exchanges in order to compensate consumers. Consumers can either hold the tokens or cash out. The following figure shows this unique token economics that automatically leads to a high trading volume that even increases with the increasing number of customers and consumers using Opiria marketplace.
The IEO of PDATA will take place from the 11th of May till the 26th of May. The time frame will be separated in to 3 rounds, each lasting 24 hours with a short break of a few days in between.
- Round I : May 11th — May 12th
- Round II : May 18th — May 19th
- Round III : May 25th — May 26th
During the IEO you’ll have the chance to receive a 20% extra tokens and after that, the tokens will be listed at a price of 0.10 USD.
Here is what Dylan Sharkey, Head of Enterprise Sales has to say about PDATA:
“We are thrilled to host Opiria’s IEO for their PDATA token on ExMarkets. As the team puts it so eloquently, personal data really is the oil of the 21st century, and we are excited to work with them as they bring this vision into a reality. This is again another extremely high calibre project from an established and well funded platform that is used by several Fortune 500 companies like BMW,Intel and P&G. We think our community of traders and supporters should love this one.”
IEO fundamentals:
- Start date: 11.05.2019
- Token symbol: PDATA
- Token price: 0.10 USD
- Tokens reserved for IEO: 3,600,000 (1,200,000 for each of the 3 rounds)
- Currency pairs: BTC, ETH, USDC, EUR
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