1. Not only works of art can be NFT, but personal data can also be NFT
In the current cryptocurrency market, NFT is becoming more and more popular in the market. Not only are insiders in the cryptocurrency industry talking about NFT, more and more non-currency artists have begun to auction their art on the NFT platform. works. For example, Musk’s wife Grimes sold $5.8 million worth of digital art through Nifty Gateway in 20 minutes.
In addition to paintings and other artworks, some influential people around the world are also auctioning their NFT works in some form. For example, the NFT column auction of "New York Times" columnist Kevin Roose finally sold for 350 ETH. Approximately 560,000 US dollars. The first tweet NFT minted by Twitter CEO Jack Dorsey through Valuables has also been successfully auctioned for 1,630 ETH (valued at over US$2.9 million).
NFT has successfully "out of the circle" and it will become another hot spot in the cryptocurrency market after the DeFi wave. In the future, more and more people will sell their works in the form of NFT. The main reason why NFT is so popular is that it can use blockchain technology to prove the "uniqueness" of works. Everything is queried and verifiable on the chain, and all pirated copies are no longer valid.
In fact, in addition to artworks, personal data can also be NFTized and can create value as a result. For example, Tapmydata is a decentralized data protocol that NFTizes personal data.
2. Tapmydata: Data Infrastructure in the Web3.0 Era
With the continuous development of technologies such as artificial intelligence and big data, data has developed into an indispensable means of production for enterprises. Even Google, Facebook claims that it is actually a data company, and data can be used for users. Carry out accurate product push, but while these technology companies use user data to make money, they actually did not pay the user (that is, the true owner of the data) due to this, and even the platform leaked or sold the user's individual Data, this is obviously unreasonable.
In the world of Web2.0, it may be restricted by many factors such as technology. It is difficult for users to commercialize their personal data. The personal data that originally belonged to them is used by merchants for free, or even abused.
In the era of Web3.0, user data will be better protected, and users can obtain a certain amount of revenue by sharing their own data. When merchants use user data,not only need to obtain user authorization, but also users can obtain a certain amount of economic benefits. Tapmydata is committed to becoming a data infrastructure in the Web3.0 era.
Tapmydata is a decentralized data protocol that allows people to have their own digital identities through NFT certification and enables companies to rebuild trust. Tap m y d ata provides a way to break the cycle of data abuse, share data where it is needed, and give it value. Using NFT enables everyone to store, manage, distribute and certify their personal information along with offline accessible data packages.
Tapmydata uses blockchain technology and the spirit of Web3 to help people create NFTs that contain verified elements of their ID, data, and digital activities (Spotify, social, network), and authorize third parties to use these elements, own and control them.
Tapmydata's vision is to use blockchain technology and Web3 technology to allow people to control their own data and get their own benefits from the huge data market worth US$325 billion each year. The operation process is actually very simple. Personal data is often scattered in all corners of the Internet. The Tapmydata protocol tokenizes data with commercial value through the network of professional data providers and makes the token liquid on Uniswap. Users get rewards by providing liquidity for tokens.
3. Tapmydata products and functions
Tapmydata PDS (Personal Data Storage) is a consumer-friendly mobile application that can be downloaded on Google Play or Apple App Store. It currently has more than 1000+ active users.
Tapmydata PDS has three main functions:
1. Personal data storage cabinet: users can organize and verify personal data
Tapmydata follows two general principles when processing user data:
First, collect as little data as possible from users, sometimes referred to as privacy in design, or beyond this privacy by default.
Secondly, don't hold any unencrypted personal data, and make sure that only participants can decrypt it.
For example, applications usually require user profiles, and user profiles often require data. In accordance with past practice, the platform needs to collect emails and passwords.
Tapmydata’s solution will instantly generate a user profile without your intervention, will randomly assign you an email address (this address will be used in some features later, but it’s not relevant at this time), and also create With a super secure password, you will never know and never need.
2. Generate NFT: Realize the value of users' own data storage
Tapmydata platform uses self-developed ID verification technology to establish self-sovereign identity (SSI) for users, and user data can generate NFT tokens. That is, NFT and data owners can construct their data profile and package their profile information into NFT (data block) to exchange TAP tokens.
3. Wallet: store tokens and receive rewards
The Tapmydata platform also has the function of a wallet, which can store Tapmydata's platform token TAP, and the rewards that users receive for sharing personal data are also stored in the wallet.
