MONETIZE YOUR DATA (PDATA ICO Review)

How often do you fill online form? How much of your personal data do you have on many centralized locations like Facebook, Twitter, LinkedIn etc . Are you really in-charge of your data on those centralized sites? I believe your answer is No. It's no doubt that personal data is becoming one of the most precious asset to businesses all over the world, businesses needs these data to be able to meet the consumers demand and to build a better and good customer relationship.

Over the years our personal data are been stolen or taken without our consent through these centralized locations where we store these data and are been handed over to the businesses for ads purposes without any form of compensation or our consent, this is because we do not have any control over our personal data on the centralized locations, or who uses or access our personal data, so the managers of the centralized locations can use our personal data as they wish.

But thanks to Opiria-Platform (PDATA), they want to bridge the gap by using blockchain technology to give users the control over their personal data and the users will choose who to grant access to their personal data. Let's find out more about Opiria-Platform (PDATA) and how they intend to achieve that.

What is PDATA

PDATA is a decentralized marketplace for personal data which will connect consumers and companies globally in exchange for personal data. Companies will be able to buy personal data directly from consumers and compensate them with PDATA Tokens.

PDATA Token is a utility token that fuels PDATA-Platform, Companies needs the PDATA Token to be able to reward the consumers for access to their personal data while consumers earn the PDATA Token for providing their personal data to Companies.

In PDATA-Platform the consumer is the one in control of their personal data and choose what to share to the companies to earn the PDATA Token, the more personal data the consumer shares with the companies, the more reward the consumer will earn.

So Why Invest In PDATA?

Investing in a blockchain projects is a tasking decision to make because when you invest, you will be given tokens in exchanges for your investment and when these tokens doesn't perform well when it hit exchanges, it will turn to be a lost investment.

So when investing in a blockchain project through ICO I normally consider four keys things before I will make my investment decision. The four things i consider includes; the product, the road map, the team and the token metrics

The Product

PDATA obviously is no longer an idea on white paper, they already have a working product in form of mobile app which is available for download on Android and Apple stores and with over 100,000 consumers , 150 companies and 9 sales partners on the platform already. And they also have big brands like Mercedes-Benz, Volkswagen, Audi,GM and so on already using PDATA platform, this shows that the platform is really gaining momentum and they already planned to reach 250.000.000 consumers, 27000 companies, 50 sales partners by 2023, this will really make the demand for the PDATA token to rise in demand and value thereby returning great investment for the investors. Find out more about their product: https://opiria.io/#app

The Road Map

PDATA roads map shows what they set to achieve over a long period of time, with each year showing the targeted consumer, company and sales partner base they want to reach. Last year ended 2017 they were able to achieve 4000 consumers, 50 companies , 4 sales partners and 2018 they have achieved over 100,000 consumers , 150 companies and 9 sales, this is a massive achievement and as the year go on more people will join which will increase the demand for the PDATA tokens. Find out more on their road map: https://opiria.io/#roadmap

The Team

PDATA have a solid team, the Founders & CEO Dr.-Ing. Christian Lange and Dipl.-Inf. Marlene Gagesch while the former is a great entrepreneur who started Ergoneers GmbH in 2005 without any equity investment and grew it to $5+ million in revenue, the later she is a software developer that have worked with Siemens before joining Ergoneers GmbH where she headed the software development which saw the software product grew into an international data acquisition and analysis platform with 1000+ B2B customers. This have got to show that the team have the required experience to embark on the PADATA project and lead it to yet another successful venture. They also have advisors that cut across different sectors of the economy with great experience in their different area of profession. I am giving PDATA team a five star. find out more about the team : https://opiria.io/#team

Conclusion

After going through PDATA website, the white paper , the team members and their advisors and haven understood what they intend to achieve and the value it will bring to the everyone that will use the platform, I am rating this project high by my standard way of evaluating ICO / blockchain projects and I will have PDATA token for a long term HODL

PDATA have scheduled their ICO for the sale of their PDATA token you can participate and join in the upcoming token sale

Token Sale Information

Learn More About PDATA:

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Disclaimer:
This is not a financial advice I am just sharing my personal opinion on ICO's. Do your own research before getting into any ICO. Investing in ICO is risky and you could lose your money.