not approved
Data Marketplace & Exchange Dapp
Current Project Status
unfunded
Total
amount
Received
$0
Total
amount
Requested
$325,000
Total
Percentage
Received
0.00%
Solution

A decentralized data marketplace & exchange; using a tokenized access control layer on Cardano to buy/sell the right to data off-chain.

Problem

Businesses generate an abundance of new data everyday, stored in databases, without an idea of the demand/value for the data that they own.

Addresses Challenge
Feasibility
Auditability

Team

1 member

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[IMPACT]

Tilebase is a decentralized marketplace & exchange for data providers to, publish, monetize, and share their data securely on Cardano.

The data itself does not need to be on-chain, just the access control.

Data permissions & licenses are tokenized using backend smart contracts to create a ‘Datatoken’ (a digital representation of data provenance on-chain), making it easy for businesses/ individuals to publish the ownership of their data, algorithms, or APIs; to be bought and sold in an ‘open’ and transparent market on the blockchain.

Each dataset has its own corresponding liquidity pool, where the price of the data is ultimately determined by the demand of the market through the buying and selling of the ‘Datatoken’.

The analytic performance of the ‘Datatokens’ and our protocol smart contracts, will be accessible through our partnership integration with TIBCO software using Spotfire: https://www.tibco.com/products/tibco-spotfire.

*THE BUYING, SELLING. & TRADING OF THESE ‘DATATOKENS’ THROUGH A DECENTRALIZED EXCHANGE WILL ULTIMATELY CREATE AN ‘OPEN DATA ECONOMY’ AND FUNDAMENTALLY A NEW ASSET CLASS FOR THE CARDANO BLOCKCHAIN*

Our solution is a B2B & B2C marketplace that consists of data providers (individuals/ enterprises) & data consumers (developers/ data engineers) to transact data assets transparently using the blockchain.

An abundance of data will be made available for the growing AI and machine learning ecosystem to thrive and develop more robust and reliable prediction models for a multitude of industries; from smart cities, healthcare, to cleantech, ect.

Go-to-market

Once our project development is completed, we are going to market through:

1. product integration with TIBCO software: https://www.tibco.com/

2. partnership with data DAOs to create data bounty incentives for the community to solve challenges (compile, format, annotate data)

Challenge: Getting the initial datasets and algorithm endpoints published onto the marketplace

Solution:

- We have partnered with TIBCO labs to gain access to their gallery of datasets that will initially be available for free on our marketplace to bring on the initial data consumers into our protocol

- We are partnering with data organizations like DataUnion & data DAOs like Algovera.ai: https://gitcoin.co/grants/4069/algovera-a-data-science-dao-unlocking-more-value- to develop data bounties to compile, format, and annotate data through proposed challenges set up by the community.

Challenge: Validating the quality of data
Solution:

- Community members can stake against these ‘data pools’ to curate the validity of data (the more people staked - the more people backing the risk) to earn a percentage (%) of the transaction fees.

Challenge: Blockchain is new and there is hesitancy in trying new technology at the risk of security

Solution:

- We offer free consultancy to business on how to onboard data into the Web3 ecosystem and showcase the benefits of the blockchain for data sharing.

[FEASIBILITY]

1. Finalize partnership with TIBCO labs to go to market through software integration for analytics and API products (March 2022)
|
2. Receive Catalyst funding (April 2022)
|
3. Build MVP1 - decentralized data marketplace & exchange (May 2022)
a) build frontend UI
b) build backend architecture for liquidity pool and ‘Datatoken’ smart contracts
c) deploy cloud computing architecture (AWS, Kubernetes) and TIBCO software integration
|
4. Build/ integrate a data DAO to propose ‘data bounties’ to the community, to format, annotate, and configure data needed in the marketplace (October 2022)
|
5. Increase services offered (data insurance, decentralized API products/ packages) (2023+)

Tech:

- 32GB Memory-optimized cloud server (USD 180 /mo) x 2 x 12 months = $4,320

- AWS credits = $15,000

- Miscellaneous/ Unforeseen = $5000

Team:

- Full stack Senior smart contract developer ($8,000/month - for 12 months) = USD $96,000

- DevOps/ Solution Architecture ($8,000/month - for 6 months) = $48,000

- Project Manager = $70,000/ year

- Community Moderator/ Social Media manager x 2 = $55,000

- UI/UX frontend developer = $8,680

- Marketing = $23,000


Total Requested Funds: $325,000

1. Jay Fallah, Digital Data Trust Engine - https://www.linkedin.com/in/jay-fallah-7026624/

-A prolific innovator, advisor, and mentor with numerous patents in data integrity, cyber-physical security / privacy through digital ledger.

2. Samarth Narual, DevOps/ Solution Architect - https://www.linkedin.com/in/samarth-narula/

-Worked as a Full Stack Microservice Cloud Devops Engineer

-Senior Software Engineer for Oracle and then I have worked as a Full Stack Java Developer and Cloud Engineer for Goldman Sachs and MasterCard through Accenture

-Architecting microservices and deciding on the best tech stack for the business requirement implementation using web technologies.

-Publisher of two top rated and best-selling Udemy courses based on creational design patterns and Spring Boot framework many top rated technical certification courses on Coursera, TutorialsPoint, Simpliv and I am in collaboration with Great Learning, MicroStreams for Content creation and delivery and I have also provided live training and delivered entire cohort training programs for many financial institutions and many product companies in the world.

-Designed and delivered best in industry curriculums and content

3. Bruce Jin, Full stack developer - https://www.linkedin.com/in/bruce-jin-3a61241b0/

- Senior blockchain engineer who has 4years of experience

-Developed and deployed various ERCs | BEP20 tokens

-Rich experience in building and deploying several DEX and NFT marketing websites by using several protocols

- Soft-forked the Ethereum networks and developed marketplaces with DEX, Bridge, Prediction and Lottery features

4. Tyler Doiron, Project Manager, UI/IX design, Marketing - https://www.linkedin.com/in/tyler-doiron-056744197

- Specializes in building innovative and concrete marketing/ brand strategies for business professionals, as well as, UI/UX design, B2B, & lead management for project development.

-Streamline complex concepts to better understand your company & its industry, as well as your business goals; to develop an in depth user persona profile for future design & development decisions.

Looking For

5. Blockchain developer (Haskell, Plutus, Rust, etc.) - #seek-blockchain-dev

[AUDITABILITY]

3 months

1. Github Commits

2. Discord/ community growth

3. Data published/ available on the marketplace

6 - 12 months

4. (#) of Marketplace Transactions

5. Revenue

6. Churn Rate on SaaS

7. Partnerships/ L.O.Is

1. MVP1 - decentralized data marketplace & exchange w/ TIBCO analytics software integration: Spotfire - https://www.tibco.com/products/tibco-spotfire

2. Partner with data organizations and DAOs to host monthly data bounties for data scientist/ analyst/ engineers to crawl the internet for data to onboard and monetize in the marketplace

3. Strategic partnerships signed with enterprises to add their data onto our marketplace

4. Strong community eager to revolutionize the emerging ‘Open Data Economy’ and participate in our protocol and help us grow into a DAO

n/a

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  • EP2: epoch_length

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  • EP1: 'd' parameter

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