yeah, i saw this earlier

It's supposedly backed by CIA

thats not a red flag at all

not sure i see any use case for it; it's just another form of ocean protocol

what block-chain spec are they using?

Build for eth oracle based if I recall, bit fuzzy, kind of high atm. <:pepelaugh:544857300179877898>

lol

Hey, I have been sober for 3 weeks

I was a good BOI

I wanna join the CIA someday

Just read the whitepaper, the source is always better than second hand. @ManAnimal

well, was more interested in contrasting this

https://blog.oceanprotocol.com/how-to-monetize-tokenize-data-8f860e405773

so ocean protocol wraps an ERC-791 token inside an ERC-20

More stuff to read tomorrow, stop giving me homework. <:pepelaugh:544857300179877898>

allows for the separation of concerns from platform providers to data owners to data brokers to data customers

reminds me alot of the Digital Signage market

you have people looking to advertise for a single company then people that look to advertise for a basket of companies... that's the customer side

"Yeah, im a communist. Howd you know?

Hey niggers

then you have people that provide digitial signage equipment, you have vendors that host digital signs, you have brokers that manage a bunch of signs accross several locations, pushing ads to each

@phadreus sup tranny

that's the supply side

...

the problem is that in such markets, no one person does everything soup to nuts. there is a chain of middle men, each with their own incentives and market influence

the vendor who hosts a sign might only want to view certain types of ads but the guy who installs the sign and manages it gets both the ads he puts on them and the equipment from 3rd parties

so there is a disconnect between say those that build the hardware with certain capabilities and the end user of those capabilities

say nothing between those producing the ads that will be displayed on hundreds of signs

it's like one side sells 'ad slots' and the other buys those slots. but those slots are administered not by the person that owns the bar or resturant that hangs the sign, but by the guy who goes around and convinces a bunch of restaruants and bars to hang one of his displays in exchange for a cut of the earnings he makes from offering all the ad 'slots' accross all the machines he manages to the companies looking to advertise

@Vander Loonéy, make any sense?

Didn't need the last part though.

Sounds interesting, already login on binance. ^^

ideally, you want to create a market for signs/data in which a person can install a device/digital sign and once there is a hookup, it creates an interm market for 'bundlers' to mix and match data from different groups into 'bundles' then market those bundles to people that want them

if he sells a 'bundle', he gets a cut. if your data is part of that bundle, YOU get a cut

his customers are the people looking for data. he doesn't care about you, the person PROVIDING him with data

same with the manufactures of a device that collects data; YOU are their customer. if you don't ask them for the added functionality, they won't include

@Vander Loonéy what do you think of this use-case: a new video game is released on the market. those lucky kids with the first few copies and nothing better to do than play games immeditately start playing, each while running a 'bundler bot'. The bot collects data about easter eggs the player finds, strategies and maps and publishes that data to a cloud store. similar data from all players running the bot is then avail for purchase by any noob that wants to 'cheat'. when a person purchases the entire bundle of secrets, each player that contributed gets a micropayment proportional to the percentage of data they supplied vs the amount of data in the bundle that was purchased

That twitch should invest.

ikr

Couple it with streamers, and it will make loads of money.