Question about the upcoming Data Tunnel. How will rALBT play

Question

Question about the upcoming Data Tunnel. How will rALBT play

a role in incentivizing companies to aggregate quality data? What’s the incentive for a company to accumulate rALBT? Maybe Daniel can answer this question?

#allianceblock #cryptocurrency #de-fi #english

0

08.03.2022

21 ответов

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Leon S Автор вопроса

Thanks for clearing this up! Seems like a hard task to come up with the rALBT tokenomics for things like the data tunnel. For example: what set of data will be worth 10 rALBT and what would be worth 100 rALBT. Will there be an option for data consumers to rate data which is provided? Maybe this contributes to this process.

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08.03.2022

Daniel | Will never PM you first

Leon S
Thanks for clearing this up! Seems like a hard tas...

Yeah so, the dataset will be still valued in ALBT. So people can really subscribe to the data. So here the utility of ALBT also comes in. But as a community member for your contributions you will earn reputation (rALBT). Indeed the whole scheme of how that would benefit everyone is in progress. However it’s really cool to think and work on something like this. Having ALBT and rALBT in the center of it all. Also we will allow data consumers to rate the data. So it’s in the benefit of the uploader to have the highest quality data.

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08.03.2022

Leon S Автор вопроса

Daniel | Will never PM you first
Yeah so, the dataset will be still valued in ALBT....

Very exciting! Can’t wait to see how this will be integrated with Fundrs and LMaaS.

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08.03.2022

Muskaan

Leon S
Very exciting! Can’t wait to see how this will be ...

Same! Can't wait

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08.03.2022

Jon Gill

But how do we contribute as a community here ?

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08.03.2022

Daniel | Will never PM you first

Jon Gill
But how do we contribute as a community here ?

Contribution will be for example by checking the quality of the data and improving it. Like in the example I mentioned about the column that contained a number. As a community member you could describe this number in more detail. This can then also be peer reviewed by other community members and the owner of the data. Once the description is accepted and added to the dataset, you earn the rALBT.

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08.03.2022

Masha 💎- Won't DM

Daniel | Will never PM you first
Contribution will be for example by checking the q...

Can't imagine how rich I will be 🤩😄

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08.03.2022

Crypto Pope

Masha 💎- Won't DM
Can't imagine how rich I will be 🤩😄

I want to be just as rich also😂

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09.03.2022

Lavie Garbuzz

Crypto Pope
I want to be just as rich also😂

I bet everyone wants to

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09.03.2022

logan jaul

Crypto Pope
I want to be just as rich also😂

Diamond hands

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09.03.2022

Crypto Pope

Lavie Garbuzz
I bet everyone wants to

Some more than others though

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09.03.2022

Masha 💎- Won't DM

Crypto Pope
I want to be just as rich also😂

I can share some part of my wealth to my AllianceBlock family 🔥😂

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09.03.2022

Phil Tomas

Masha 💎- Won't DM
I can share some part of my wealth to my AllianceB...

That's a good thought

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09.03.2022

Phil Tomas

Masha 💎- Won't DM
I can share some part of my wealth to my AllianceB...

You should be one of the big investors here

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09.03.2022

Crypto Pope

Masha 💎- Won't DM
I can share some part of my wealth to my AllianceB...

Please do, I'm at the top of the list 😂🙏

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09.03.2022

Masha 💎- Won't DM

Defiantly, you are 🎁😅

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09.03.2022

Crypto Pope

Masha 💎- Won't DM
Defiantly, you are 🎁😅

Thank you 😊

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09.03.2022

Kyle Jones

Crypto Pope
I want to be just as rich also😂

Hahaha...We all want to be

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09.03.2022

Crypto Pope

Kyle Jones
Hahaha...We all want to be

WAGMI 🥂

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10.03.2022

logan jaul

Crypto Pope
WAGMI 🥂

👍

0

10.03.2022

Daniel | Will never PM you first · Accepted Answer

So imagine a company uploads their data. This data can be of different quality and also the data can be described in an insufficient manner. So it’s not really clear what the data actually is. Now for example you have a column in the dataset with a number. You can say that this column contains a number, but that doesn’t say much about this number or the data. If you would describe it in more detail, that this number actually represents the year in which a building is constructed. Suddenly this makes more sense. Also maybe you can derive from this description that the dataset is about buildings. If you have a very rich description of the data within the dataset, the value of the data increases. We want the community to continuously contribute to this process and for these actions they will earn rALBT. We are still in the beginning stages how to create this participatory economy, but to us it’s very important that all contributors are rewarded accordingly. So it’s not necessary the company that uploads the data that earns the rALBT, but it’s more you as a community member that can earn the rALBT. The goal is in the end to create a place where everyone is able to upload valuable data and by contribution to increase the value of the data so those that use the data can extract the most value out it.

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