What is Opiria PDATA project?

What is Opiria PDATA project?

Opiria & PDATA is a decentralized marketplace to create a passive income stream by selling personal data.The platform enables consumers to sell their own personal data to companies and create a passive income stream by doing so.

Consumers can sell:

• feedback about products or services, as well as answer surveys and provide their opinions about topics of interest
• data from many important channels such as their web browsing behavior, eye tracking, emotions, data from wearables and smart devices, smartphone usage, online shopping and more.

Opiria is developing a platform where users can sell their personal data to corporations in exchange for the company's internal cryptocurrency, the PDATA Token. The company has the ambitious goal of disrupting the existing consumer data industry, helping companies gain more useful information and consumers protect their privacy.

Opiria is already a successful company, paying its current users with fiat currency, and boasts several prominent customers. However, the company mentions that it hopes to attract tens of millions of users within the next few years, and it's not clear whether the company's token will be desirable enough to compel that many people to participate.

Opiria's Solution

Opiria is a web-based market research platform that allows companies to understand in real- time what consumers think, experience, see and feel in order to design better products and services. The revolutionary approach of Opiria is to establish a direct line between companies and consumers by targeting an addressable market of 2 billion people all around the world who have smartphones and are permanently online and accessible. This allows Opiria to gather opinions and feedback from them everywhere and at any time

The following figure shows a simplified diagram of the Opiria architecture and its components: 

As shown, consumers and companies are directly connected via the PDATA platform. Consumers become part of the PDATA platform by downloading the Opiria app to their Apple or Android smartphone. Afterwards they create a profile and disclose specific information about themselves (e.g. gender, age, country) by filling out an initial survey. 

Companies can access all consumers in the Opiria database by logging in to the Opiria web application. The Opiria web application is the central platform that allows them to create, distribute and analyze surveys. Currently, two types of surveys are supported: mobile surveys and mobile diaries. A mobile survey contains one or several questions and is answered once. A mobile diary can be answered multiple times and tracks consumer experiences with a product or a service for a certain period of time. The following figure shows how a mobile survey looks like in the Opiria web application. The purpose of this question is to understand which iPhone design is preferred by consumers. 

Opiria's Technology

Opiria has already developed apps for iOS and Android, as well as a web portal. Users can take surveys and earn money virtually any time, anywhere. They state that the entire ecosystem that incorporates the PDATA Token will be launched in the first quarter of 2019. Opiria claims that its service helps both consumers and businesses. Many consumers tacitly accept to having their browsing data collected and sold as a condition of using many online services.

Opiria allows them to at least be directly paid for this information, and completely protects their privacy because all data is recorded onto an anonymous blockchain. Users can elect to give Opiria an immense amount of data – including information from wearable devices, eye trackers, their location, and details about their finances and health – but they are entirely in control of what they share or keep private.

Businesses – who rely on this data for both marketing and product development – should also appreciate the data they gain through Opiria, since it is more consistent and honest than that gained through corporate surveillance.

Opiria's TEAM

• Dr. Christian Lange (CEO): proven track record in entrepreneurship and successful exit in 2015
• Marlene Gagesch (CTO): head of B2B software departments for > 10 years
• world-class advisors:Ismail Malik: one of the most influential people in the blockchain and cryptocurrency space
• Daciana Sarbu: Member of the European Parliament
• Dr. Wolfram Remlinger: Audi AG R&D
• supported by the European Parliament:in person by Daciana Octavia Sarbu (http://www.europarl.europa.eu/meps/en/33989/DACIANAOCTAVIA_SARBU_home.html)
• video statement of Daciana Octavia Sarbu: http://bit.ly/2FQcA1K

Token distribution

1 PDATA = 0.1000 USD

• Issued: 60% of the coins will be issued for the TGE
• Development Fund: 13% will be used for data purchase and community development
• Company/Team: 20%
• Advisors: 5%
• Bounty: 2%

How will the team’s 20% be used?

• 25% of them will be available in the same time as for the public, roughly 1 month after the TGE.
• 25% of them will be locked for 6 months
• 25% of them will be locked for 12 months
• 25% of them will be locked for 24 months

Token distribution timeline

Public Sale (TGE): from April 21th 2018, 10 am GMT to May 21st 2018, 10 am GMT

2-4 WEEKS after public sale Tokens will be available

For more information:

Website : https://opiria.io/

Whitepaper : https://opiria.io/static/docs/Opiria-PDATA-Whitepaper.pdf

Facebook : https://www.facebook.com/pdatatoken/

Twitter : https://twitter.com/PDATA_Token

Telegram : https://t.me/PDATAtoken

Youtube: https://www.youtube.com/channel/UCW3cOXsxLicxZqRt1TFSmLQ

 Bitcointalk thread: https://bitcointalk.org/index.php?topic=3076122.0

Author: tinhkhuat

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1885373