[PDATA ICO] - A SWOT ANALYSIS

in #cryptocurrency6 years ago (edited)


Opiria is a company that provides a direct line between the consumer and the producer of products or services. Their main mandate is to provide the data that companies need to help their products sell more or to understand the general feeling of the market towards a certain product.

There are a number of companies that do the same thing Opiria does. This business space is becoming more competitive and it requires one to adapt to the ever-changing business environment. Opiria is adapting through the introduction of a new platform that will make them stand out from the competition. They will still provide the same services they did with their old platform but this new one will accord them more opportunities that will be market leading.


Central to this new platform is blockchain technology. This is the major outstanding factor in the Opiria platform. Blockchain will allow Opiria to control how data moves in their platform. It will eliminate the need for third parties as most data collection companies act in this capacity. The set up in the Opiria platform only accommodates data transfer from customers to clients directly. Blockchain assures this through the use of smart contracts and its immutability.
Transparency through blockchain will also be one of their key strengths.

There has been a lot of complaints on how data brokers gather data and use them without the consent or knowledge of the data generators (consumers). Opiria will keep things very open in the platform. Nothing will be done in any underhanded manner. Even as the platform advocated for openness and transparency, privacy will still be maintained.

No data will be collected without the consent of their users. Being an established entity also means that it has access to a large pool of customers it has been working with. More people may sign up to its blockchain platform due to past good experiences with Opiria. This will probably increase their population base.

Opiria is also an established company. It has dealt with some of the companies in the fortune 500 list. It has provided services for companies such as Volkswagen, BMW, and Audi among other famous companies. This would give them a competitive advantage amongst other startups that may have the same idea Opiria has. Its reputation would also increase trust among its potential clients. They are likely to work with Opiria given their history as compared to new comers who may not know how to operate in the data collection space.

The Opiria platform is not faultless as are all the systems we design. One of the things it can not guarantee is the accuracy of the data they collect. This solely depends on the data their members willingly submit. Some may be true, some may be false. However, Opiria will be using the latest data collection methods such as tracking facial expressions to try and address this challenge they will face. Incentives will also be used to encourage their members to give accurate data.


Both consumers and clients stand to benefit from Opiria. Consumers will have a chance to actively take part in determining the nature and types of products they receive through their participation in the Opiria platform. Opiria’s clients will also have the opportunity to improve their sales by providing services and goods that have already received approval by their target market.

Through its token reward system, consumers also have the opportunity to gain tokens from the platform which they can also use to access the service that Opiria will provide.


Blockchain and cryptocurrency have not yet been fully adopted and there may be some skepticism about blockchain platforms which may hinder the acceptance and growth of this platform. There is however hope as more people are coming on board blockchain technology.

Different regulations in different countries may also pose a challenge to the operations of the Opiria platform. However, the benefits of Opiria may help influence the change in these regulations in different countries.
Opiria may also fail in case it does not meet its target during the TGEs. The whole project would be shelved if it does not meet the soft cap set by the Opiria team.

Token Generation Event (TGE)

Opiria are using the TGE to raise the capital they need. They are selling PDATA tokens to those who believe in the future of this platform. The token sale is currently live and will finish 14th July or if hardcap is met earlier.

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You are right, there's a lot of data products on the blockchain. The customers you mentioned like BMW and Audi are great. Is Opiria transitioning all the customers over to the new platform?

That's right, large corporations with massive mainstream pull, and i believe so that is the plan.

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