QuadrantProtocol - Decentralized Data Marketplace

in #cryptocurrency-bitcoin • 7 years ago


Quadrant Protocol ICO My TL;DR: Decentralized data marketplace incentivizing entities to sell their data, provides input for AI training and complex data products.

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What I like:

  • Good idea,  decentralized data marketplaces will be the norm
  • They have some good partnerships and data sources
  • PoA for transactions and PoW for settlement is a pretty neat idea to enhance performance while retaining a proper anchor
  • $20mn for 40% of tokens is on the average side
  • Endorsed by Bluzelle, Santiment AI COO advisor
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What I dislike:

  • Team not very impressive
  • Blockchain spin-off of DataStreamX, which only raised $818k in funding
  • Very strong competition - a lot of projects in this space;

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Conclusion

For yet another data marketplace project, the team, partnerships, or existing product need to be outstanding. None of which are for QuadrantProtocol. I will avoid this ICO. https://www.quadrantprotocol.com/

 

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7 years ago in #cryptocurrency-bitcoin by
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