Thread by @CryptoWally2

Now. we're. talking.

This was supposed to be my first blockchain @Medium, but as @TheDataShift said:

"🤝 The speed at which the space is moving is mind blowing!"

So let me try a brief 🧵👇

(also related to latest tweets by @trentmc0, @SBF_FTX, @elonmusk 🦍🧠)

https://twitter.com/sytaylor/status/1514951487608209409

1/
We have:

A) big data silos, aka: Web2 behemoths

and

B) a blockchain protocol for privacy-preserving data xchange & monetization: @oceanprotocol

How to connect these two?

@trentmc0 would say:
Use what's there (UWT).

Let's look into this

👇

2/
Following the paradigm (use what's there), you understand that time is also a factor.

So how to connect A) and B), when?

Recent developments, enabling this:
- #NFT hype
- 🦊 as Login
- NFTs as on-chain #PFP (Twitter Blue)
- #DataNFT adding data ownership to NFTs

Connect:
👇

3/
Like @sytaylor stated, it's about the ID part, and also about the "algorithm" part.

Talking AI, we see: algos for system optimization.

By existing Web2 behemoths, science, and Web3.

Web2 rn has the most valuable data sets and biggest demand. Let's leverage this.

How?
👇

4/
What you need:

I) The data as #datatoken on Ocean Market, for privacy-preserving monetization & availability

II) a "hook" for users to connect A) with B) seamlessly

III) frictionless data consume and provide for Web2 🦧s

IV) actionable, contextual data for Web2 🦧s

👇

5/
Finally, ONE concept (1 of 100 ways):

1.) Enrich/re-mint current #PFPclub series, like BAYC, as #DataNFT on Ocean Market (ERC721, usable on Opensea)
2.) Have them point to dedicated #datatoken on Ocean Market
3.) Log into Twitter Blue (or new Web3 Twitter) w/ ur NFT
..
👇

6/
4.) Twitter can read from your data sets, on your premise (accessed by buying #datatoken w/ $OCEAN) to improve ur UX
5.) Twitter will write your new data bits to ur data sets, through your #dataNFT, as they can get royalties per consume of ur data (token) by other platforms
👇

7/
6.) Other platforms (existing like FB, new like mirror.xyz) can also read from your data sets, consuming them via $OCEAN #datatoken, upon login, AND respect ur privacy
7.) You set the rules, you benefit 🪙, YOU give kickbacks to 🦧s, YOU empower new platforms

👇

8/
In my old world this woulda been a 10y thing.

In my new world, seeing the pace, could be weeks.

Most components are there, few need grind, also offering new ecosystem killer spots (compare: Uniswap, Opensea).

Welcome to the real utility of NFT, aka:

A #Web3 #DataEconomy👨‍🎤

9/
Tweets and projects that led to this, making me push 🧵🧐 earlier:

🐦 @elonmusk

https://twitter.com/elonmusk/status/1514564966564651008?s=20&t=NDX-CRSoQcwDs6kf3DlZ8w

🐦 @trentmc0

https://twitter.com/trentmc0/status/1514623325057736704?s=20&t=NDX-CRSoQcwDs6kf3DlZ8w

🐦 @SBF_FTX

https://twitter.com/SBF_FTX/status/1514588820641128452?s=20&t=NDX-CRSoQcwDs6kf3DlZ8w

👨‍💻:
@OCEAN_V4 😉
@TheDataShift
@WeDataNation
@FELToken
@AlgoveraAI
@LilBabyApeClub 🕵️‍♂️🙈🙏

PS:
1 of the upsides here would be that you don't even HAVE to put all of your social network's data, tweets, etc. on the chain (load, scale), you just USE WHAT'S THERE, enrich the current ecosystem, by plugging in a new subsystem and combining existing components ( #Web3 style)

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