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By https://bitcointalk.org/index.php?action=profile;u=2230830

Data is valuable and it has a booming demand. It is now a difficult industry for start-ups. A protocol for data, like Quadrant, would need the market to be willing to use it as it's not an end-cycle consumable but a framework defining the terms with which different people should interact with data. Quadrant Protocol has some formidable competitors.

Corporations

Quadrant Protocol hopes to disrupt the data cycle. This challenges the very core of most corporations' current business model. Corporations like Google own an immeasurable amount of data and they command the data economy. They preveilance of a decentralized data market, while beneficial to the public, stands in direct opposition to corporate interests. While these companies are not competing with Quadrant Protocol's development, they are the largest users of data and they are likely going to be an obstacle in Quadrant's growth.

Data Collectors

There are small businesses that act as leeches of societal data. Such businesses aim to gather data in any way necessary and then sell it onwards. Data collectors function as scavengers that collect the crumbs that corporation like Google were not able to get. These businesses succeed from the inexistence of a well-defined data economy engagement framework. These businesses compete against Quadrant Protocol but have a weak foundation against decentralization developments. Businesses like these will be squashed if Quadrant's framework is successfully developed.

Blockchain Start-Ups

Quadrant Protocol has no first-mover advantage in terms of using blockchain to target data. There are established names like MIOTA competing for the data market. There are also young competitors like Ocean Protocol and Synapse.ai. Quadrant Protocol is not in direct competition with them. MIOTA hopes to be the currency used for IoT data interactions and the rest of the blockchain start-ups aiming the data market are almost exclusively exchanges. Quadrant Protocol has the first-mover advantage of being the first to use the blockchain to create a framework for the data life cycle.