1/ $BDP = $OCEAN fork + professional data providers

But we're more than $SUSHI to $OCEAN's $UNI
U can't HODL what u don't understand

DEFINITIVE thread 👇
What is $BDP

Why $bALPHA = $300k

What we’re building this month

Big data opp

Our community

Our build-first philosophy
2/ What is $BDP used for?

a) Farm for #datatokens

Farm for $bALPHA with $BDP

Farm $bBETA + $bGAMMA later

b) $BDP Data Market fees + burning (more on this 👇)

This is the #1 use for $BDP
We're a data market, not a food coin

Come for the farm, stay for the #DataRevolution
3/ $bALPHA lets you redeem for Alpha Collection in our Data Room. This is LIVE

bigdataprotocol.com/dataroom

What's $bALPHA worth?

Let's look at just 1 dataset from @ClosingBellCo

This dataset alone makes $bALPHA > $300k conservatively

medium.com/big-data-proto…
4/ This research paper highlights the value of the @ClosingBellCo dataset, showing that with this data, an investor could've made 27.8%/yr investing in stocks

A hedge fund paid ClosingBell $35k for this exact dataset

PER YEAR

Others have paid more

drive.google.com/file/d/1B5gZY1…
5/ $bALPHA, when redeemed, grants lifetime access to every dataset in Alpha Collection

The fund would've been better off buying $bALPHA at $300k than paying $35k/year for 10+ years

Like $SOCKS, burn 1 $bALPHA to redeem + limited supply

But datasets are not a gimmick
6/ Now $BDP Data Market is what we're building this month and shipping next month

Cause ppl hate multi-year roadmaps

We designed and built the UI
bigdataprotocol.com/datamarket

It will be a fork of $Ocean Market


We've already started the integration
7/ This whole time we've assumed people knew what market.oceanprotocol.com was. Many don't

Go and play with it

It's addictive. I've spent 100+ hours on there

You can publish, swap, stake, + consume #datatokens

blog.oceanprotocol.com/ocean-market-a…
8/ $BDP DATA MARKET EARNS A % FEE OR BURNS $BDP FOR EVERY #datatoken TRANSACTION

Publish = data provider uploads data to sell as #datatokens

Swap = trade #datatokens

Stake = stake $BDP on datasets. Best datasets = most $BDP pooled

Consume = burn #datatoken+redeem for dataset
9/ OK, so how is $BDP Market diff from $OCEAN Market?

You played with it, right?
You may notice that quality of the datasets VARIES

ANYONE can publish data to $OCEAN

$BDP will only allow commercially valuable data from PROFESSIONAL data providers @ClosingBellCo @glassnode etc
10/ We have an existing network of 14K professional data providers + 10K data consumers

Painstakingly built starting in 2015

We've built a successful data market already @AmassInsights

$BDP is the Web3 version
11/ This means $BDP is a launchpad for Initial Data Offerings from our 14k data providers, each w multiple datasets

If you thought $6 bil staked was a lot

wait till you see how many #datatoken txns we'll have

publish, swap, stake + consume

$BDP gets % and burn from every txn
12/ Size of the market

DATA IS THE NEW OIL

Data drives FAANG @Facebook @Apple @amazon @netflix @Google

@Facebook + @Google don't sell products but DATA

@RobinhoodApp: 0 fees but sells DATA

even exchanges @Nasdaq make most of their $ selling data

economist.com/leaders/2017/0…
13/ Legacy big data is highly illiquid and sit in "closed silos despite its digital nature"

Sharing, selling, or onboarding data takes weeks + legal agreements + tech integration + diff standards

sloanreview.mit.edu/article/what-m…
14/ Our grand vision is for ALL data, from tech giants and individuals alike, to be tokenized, shared + traded frictionlessly on scalable blockchains

If $BDP doesn't do it, someone will
15/ To realize a grand vision, you have to start somewhere, or ur just dreaming

@amazon started w/ books

$BDP is starting with unleashing liquidity on commercially valuable #datatokens

$6 bil staked, millions in liquidity for $bALPHA...

I'd say we're off to a good start
16/ Why #fairlaunch?

To build a community + let all participate equally

We turned away VCs throwing millions at us
Gave away 30% of $BDP + 100% of $bALPHA for free

We welcome hodlers big + small, from minnows to @SBF_Alameda @justinsuntron @zhusu @0x_b1

Community = everything
17/ We have a build-first philosophy at $BDP

What we build is the only thing within our control. Not the price or what others think of us

When the
good times end
everything is down
markets crash
DeFi/crypto winter

We will build

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Big Data Protocol

Big Data Protocol Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @bigdataprotocol

7 Mar
1/ANNOUNCEMENT: @ClosingBellCo the social stock recommendation platform founded in 2014, joins $BDP's Data Marketplace

@ClosingBellCo uploaded crowdsourced stock ratings, with price targets + buy/sell ratings from 1000s of users since 2014. More 👇
bigdataprotocol.com/dataroom Image
2/Check out the sample dataset in our Data Room

Redeem 1 $bALPHA to get full perpetual access to the @ClosingBellCo dataset + all current and future Alpha datasets

This dataset offers retail + pro traders insight + trading signals on retail sentiment
bigdataprotocol.com/dataroom
3/@ClosingBellCo has over 45,000 users on its platform, and has seen an explosion of interest since the recent rise of #wallstreetbets and traders of meme stocks.
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!