Schlagwortarchiv für: Data

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Sell Your Data. Earn Passive Income. What Could Go Wrong?

Source: https://slate.com

Your data is not property. It’s a piece of who you are.

By GARRETT HAZELWOOD

The Facebooks and Googles of the world are getting rich off your data. Market researchers at PwC estimate that in 2018, companies that collect personal data to use for targeted advertising brought in $178 billion in revenue. Data brokers last year earned a further $21 billion. And these numbers are only trending up. By 2025, PwC expects the global data economy to be worth more than $400 billion.

So it’s about time we get in on the action, right?

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The Monegro Index

Source: cuvialabs.com

Joel Monegro wrote an insightful piece on crypto-economics called “The Fat Protocol” .  In it,  he concludes that unlike the Internet which is monetized at the application level,  the Blockchain is monetized at the protocol level.    This is analogous to owning a piece of TCP/IP and deriving an economic benefit every time it is utilized.   We created the Monegro Index as a homage to Joel and to clearly illustrate and track this crypto-economic principle.

The economic implication of “The Fat Protocol” are many.   As an investor in a Blockchain application or sub-token,  you are giving up protocol token for app tokens,  which are arguably much less valuable.  As a blockchain app developer,  you are giving up app tokens in exchange for protocol tokens.   Unlike the Internet,  there is an economic disincentive to standardize.   Interesting to see how this all shakes out.

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