Overview

Opiria & PDATA is a global decentralized marketplace for the secure and transparent buying and selling of personal data.

Project stage

Working product

Detailed description

Opiria-Platform and PDATA Token are creating a global decentralized marketplace for the secure and transparent buying and selling of personal data.

Opiria-Platform enables consumers to earn money by monetizing their personal data. Companies can buy personal data directly from consumers and compensate them with PDATA Tokens. PDATA Token is the currency that expresses the value of personal data and enables its trading by using smart contracts on the blockchain. Opiria platform will connect consumers and companies globally and become the world´s largest decentralized personal data marketplace. 

Opiria-Platform and PDATA Tokens will democratize the brokerage of personal data in a secure, lawful, fair and transparent way, by making use of blockchain technology and the principle of choice - your choice to securely sell your personal data with whom you want with the help of our platform. We give companies access to real, reliable and high-quality consumer data and compensate consumers for their data with PDATA tokens - all the while respecting their privacy, in line with rigorous General Data Protection Regulation (GDPR) guidelines.

Problem

  • Companies worldwide desperately need to know their customers. They need fundamental human insights about consumers in order to design innovative products and services that fuel desire, which leads to sales.
  • Data brokers operate inconspicuously behind a veil of secrecy and a good number are evidently stealing personal data, packaging and reselling it as a commodity, to companies worldwide. By doing so, data brokers are violating consumers’ data privacy and not even compensating consumers
  • Consumers worldwide are becoming increasingly aware of these unethical practices and have begun to actively protect their data privacy.

The current system is opaque and uncontrollable, consumers’ privacy is violated, and companies are hardly getting enough quality data to meet their market research requirements. This already leads to failed investments in the double-digit billions. In addition, the General Data Protection Regulation (GDPR) of the European Union becomes enforceable from May 25 th 2018 and will make it even more complicated for data brokers to access personal data

Solution

The solution needs to be fully transparent and secure, while providing an open marketplace that enables and ensures the following: 

  • Consumers can control with whom they share specific personal data 
  • Consumers get proper compensation for providing personal data 
  • Personal data flows directly from consumers to companies with no middlemen

With the PDATA token and the blockchain-based Opiria platform, we want to create a global decentralized marketplace where companies can buy personal data directly from consumers without any middlemen. 

The PDATA token puts a value on personal data and creates a currency that expresses that value. Consumers can create a profile on the Opiria platform and start disclosing personal data, or granting permission for their personal data to be collected via e.g. a browser plugin, a smartphone app, wearables and smart devices, or through surveys. They can decide which data they disclose to the Opiria database. The more they disclose the more valuable their profile becomes. Companies can ask consumers for permission to access their disclosed personal data via the Opiria platform. Consumers that consent to provide their data would trigger a smart contract between the consumer and the company. On this basis the consumer is paid with PDATA tokens and the company receives the requested personal data.

Features

PDATA Token holders will benefit in two ways:

  • Since we already have the platform minus the blockchain element the “time to market” for the platform including the blockchain element is much shorter than if the development would start from scratch after the TGE.
    Also having all those renowned customers makes sure that our consumers will be able to start selling their personal data right away to big corporations after the launch of the blockchain element.
  • Consumers that hold PDATA Tokens have an advantage over consumers that don´t hold tokens. If a consumer holds more PDATA tokens than another consumer, he is more likely to receive a "personal data request” from a company earlier than consumers with less PDATA tokens. This gives consumers that keep a larger pool of PDATA tokens on-hand on average a small time advantage to sell their data to companies
Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : PDATA
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 30,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :750,000,000 PDATA
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    After TGE, bonus locked for 30 days

    Unsold tokens

    All unsold tokens will be burned.

      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Special Offer — Ended
      Start Soon
      End 23 Jul 23:58 UTC
      NA 10% - Uncapped Uncapped
      Public sale — Ended
      16 Jun 00:00 UTC
      14 Jul 00:00 UTC
      0.1 USD 20% Max 1 ETH Uncapped 30,000,000 USD
      Public sale

      20% Bonus:

      $550 per ETH

      Read more about vesting and bonus
      • Team

        • Christian Lange photo
          Christian Lange
          Founder & CEO
        • Marlene Gagesch photo
          Marlene Gagesch
          Co-founder & CTO
        • Toma Corbu photo
          Toma Corbu
          Software Architect
        • Marius Balaban photo
          Marius Balaban
          Frontend development
        • Dorin Danilov photo
          Dorin Danilov
          App development
        • Daniel Turcan photo
          Daniel Turcan
          App development
        • Eugen Melentii photo
          Eugen Melentii
          App development
        • Vlad Blana photo
          Vlad Blana
          Algorithm Development
        • Paul Olteanu photo
          Paul Olteanu
          Frontend development
        • Bogdan Uretu photo
          Bogdan Uretu
          Testing
        • Razvan Tautu photo
          Razvan Tautu
          UX Design
      • Advisors

        • Ismail Malik
          Founder & CEO Blockchain Lab
        • Daciana Octavia Sarbu
          Member of the European Parliament
        • KyouHoon Hwang
          BITGOSU - CEO
        • Wolfram Remlinger
          Research & Development
        • Sam Lee
          Director of Research Strategic Coin
        • Richard Kim
          Founder and CEO VCN
        • Harold Kim
          Asia Business Director
        • Mihai Dumitrescu
          CTO Rosoftlab
        • Michael Mazier
          Founder Bondirectly
        • Pavel Kapelnikov
          Principal Chelsea Holdings Company
        • Angel Colon
          Financial Officer and Wallstreet Advisor
        • Anthony Georgiades
          Partner at Innovating Capital

      Roadmap

      • 2018
        • Consumers - 100000
        • Customers - 150
        • Sales Partners - 9
      • 2019
        • Consumers -1500000
        • Customers - 300
        • Sales Partners - 17
      • 2020
        • Consumers - 10000000
        • Customers - 1400
        • Sales Partners - 26
      • 2021
        • Consumers - 50000000
        • Customers - 6500
        • Sales Partners - 34
      • 2022
        • Consumers - 12500000
        • Customers - 15000
        • Sales Partners - 42
      • 2023
        • Consumers - 250000000
        • Customers - 27000
        • Sales Partners - 50

      Activity