RE: Web 3.0: The Power of Decentralized Networks
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Your use of Reddit as an example is great. It really shows how much data is worth, and that the users that are supplying them are not even getting anything from these deals. I don't know how it would go if Peakd did a similar deal, but I know that I own the posts I created.
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Yep. Just think if we created $60 million worth of value on Hive in the data...then multiply it by whatever number of entities wanted to use it.
If 50 did, that would be $3 billion equivalent. Something to consider.
That is true. Although now that I think about it. I guess we can't really monetize our data, since it is in the blockchain and publicly available.