Hottest LaunchPad No One is Talking About?

I am sure you are thinking, Zero.Exchange, Jigstak aka Lemonade or even Unizen as some of the newest and trending new LaunchPads chasing PAID and Polkastarter. I am refering to the new Data Market being launched by Big Data Protocol that will be launching on 5 May @2PM UTC. Thinking of this uniquely new concept to tokenize big data and deliver it more effcicently going into the future.

Big Data Protocol hit the streets in early March with a splash of a TVL locked up of over $6.6B during is token generation event via 12 seed pools and liquity incentives for its core token BDP and BALPHA. It is clear many people took advantage of the event, but those that have stuck around and held their BDP are about to get rewarded with the opportunity to earn rewards through providing BDP liquity to unlock Data Tokens (DT) for commercial grade data or trading for the DT directly.

As the community has been playing around with the Beta version, discovering bugs and helping the rapid on-boarding of this exciting market place, I expect each of these Initial Data Offerings (IDOs) based on the communities leveraging the Beta to fetch individually price tags in the thousands and the prices are discovered through user interaction and liquidity staking on the platform. A key item to realize is that for my Liquidity Provider (LP)friends is that we are used to Uniswap fees being 0.3%, but in the Data Market fees are set for 1%, thus making 3X compared to Uniswap LPs.

An example of what to expect as a liquidty provider is below:

Example of earnings while providing liquidity for a Data Token.

For those interesting in speculating on the DTs themselves, just like all IDO Token races, the launch time and getting in first will get you the most rewards as the prices will have yet to be set, until there is activity, similar to the launch of bAlpha. The big difference here is that there is intrinstic value locked
already behind these DTs by the
Data Providers themselves, such as Glassnode. As always you have two basic approachs for maximizing your ROI, as those that have been holding realize that the Strategic move is always better than thinking there are better rewards around the corner. Earning on the luctrative transaction fee percentage as indicated above and picking quality data sets will be key.

So the big question is then, how do you determine the best data sets? This is something even I am honestly still strugling with, as really its up to the market to really determine this. But here is a list of things I think about:

· Size of Data Set

· Speed of updates

· Accessibility

· Users

· Users with social feedback

· Use-cases

· Frequency of updates

· # of years provided

· Top-clients?

· Speed of use of Data Token/easy/hard

Below Oyster Shell has started its initial attempt at providing a baseline value to help determine which data sets are more lucrative than others.

https://oystershell.io/

Below you will find the link to the actual contract for the Data Market:

https://etherscan.io/address/0xc739d7520c9a48803cc50622b979a110c203d472#tokentxns

With liquidity providers for the bAlpha token, I have a preminition that once prices start to get locked in for these initial data sets in the thousands of dollars. Other investors will start to realize the true value of the bAlpha token, as a life time unlocking mechanism. This value and the need to pay an annual price as discovered through the Data Market in the thousands initially will be shifted to those lucky few who realize the lifetime value is a true game changing value for an organization leveraging these types of data sets as an opportunity to fix and ultimately reduce costs in the out years.

I would expect bAlpha to climb well beyond its initial ATH quickly as the DTs go through price discovery with the launch of the Data Market. Peter Chen, did say that his target was $300,000 for the bAlpha token. Based on what I have seen in the Beta and the number of Data Providers along with price discovery, bAlpha truly is undervalued at the end of the today, lets see how time ages this prediction.

Feel free to leave your feelings on my predictions.

About Cyber Strategy Institute

Was established to provide clarity in the Cyber Domain, specially centered around Strategy and Decision Making. After developing a Cyber Strategy Truths Strategic Framework, it enabled a clear understanding that current approach by organizations and their leaders is a failing approach. The real future will be through leveraging the blockchain and through that will bring the Cyber Security many dream about today.

Cyber Strategy Institute Links

Website: https://cyberstrategyinstitute.com/

Medium: https://medium.com/cyberstrategy1

LinkedIN: https://www.linkedin.com/company/cyber-strategy-institute/

Twitter: https://twitter.com/CyberStrategy1

About Big Data Protocol

Big Data Protocol is a DeFi protocol powering a Web 3.0 data marketplace. The Protocol tokenizes commercially valuable data through a network of 14,141 professional data providers and makes the data token liquid on Uniswap. Users earn data by providing liquidity to data tokens.

The Protocol has a vast existing ecosystem of professional data providers by leveraging Amass Insights, founded in 2015 by our co-founders, Jordan Hauer and Mark Donovick. Amass Insights connects 14,141 professional data providers with over 10,000 consumers of data, who are primarily investment managers.

Big Data Protocol Links

Website: https://bigdataprotocol.com/

Medium: https://medium.com/big-data-protocol

Telegram: http://t.me/bigdataprotocol

Twitter: https://twitter.com/bigdataprotocol

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