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Overfunding
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Big Data is becoming one of the most valuable assets in the world, being exploited by small oligopolies. While you, the USERS, the real data generators are being left out. Using the Blockchain technology, GeoDB will reward any user or company around the world for the data they generate
- GeoDB aims to pay anyone around the world for their generated data
- Allows data buyers to access trusted, encrypted and accurate datasets
- Plans to solve the inefficiencies of the $166bn Big Data Industry
- By creating a safe, valuable and efficient Big Data marketplace
Idea
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GeoDB is a decentralized protocol powered by blockchain.
What makes GeoDB unique is its encrypted, safe, transparent, verified, accurate and decentralised datapool nature. In essence, it is a big data marketplace, which aims to solve the existing problems of the huge big data industry.
At one end, users upload their data to the protocol. In exchange, the protocol rewards them for that generated data. Meanwhile, at the other end, data buyers access the data pool and purchase those datasets.
Additionally, as it is based on blockchain, developers can add resources to the protocol and are also rewarded for it.
Thus, GeoDB is a circular, organic and perfectly assembled tokenised model, in which every player is being remunerated, reaping the benefits of data commercialisation in the most effective and efficient possible way.
On the data buying side, there are all sorts of data seekers: analysts, data scientists, data managing and reselling companies, marketers, large corps and enterprises, among many others.
On the uploading side, there are 2 main agents:
- Users: they will be able to upload their data and receive the payment; and
- Companies: Our research suggests that startups, small businesses, corps and enterprises of any kind are interested in developing a new revenue stream this way, which in our opinion, is integrated in the easiest and most seamless possible way with their services.
THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE BY THE COMPANY RAISING FINANCE AS IDENTIFIED ABOVE (THE "COMPANY") IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY AND SUBJECT TO THESE TERMS AND CONDITIONS. CROWDCUBE CAPITAL LTD IS AUTHORISED BY THE FCA AND CARRIES OUT DUE DILIGENCE ON EACH COMPANY THAT LISTS ON CROWDCUBE AS SET OUT HERE.
This investment opportunity is not an offer to the public and is only available to registered members of Crowdcube.com who have qualified and categorised themselves as able to invest. The investment opportunity is not directed at persons located in the United States, Canada or Japan. Any person resident outside the United Kingdom who wishes to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict access.
In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended, subject to certain exceptions, that any offering of the securities mentioned in such materials (the "Securities") by the Company would be made, or any documentation be sent in or into, the United States, Canada or Japan. There will be no public offering of the Securities in the United States.
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