A Look at PDATA Tokens

hatu (76)in #ico • 6 years ago

A Look at PDATA Tokens

PDATA tokens are the native currency of Opiria. The token name hints onto what market Opiria targets: personal data.

Opiria is a marketplace where anyone can sell their personal data to any company in return for PDATA tokens.

Token Importance

It is imperative that a token serves an essential purpose to its host ecosystem.

Since Opiria is a marketplace, its entire existing purpose is to facilitate transactions. PDATA tokens are meant to be the currency for those transactions, so PDATA tokens are directly linked to the cause of existence of Opiria. It's clear that PDATA tokens will always be necessary for the proper functioning of the Opiria marketplace.

In fact, this also means that PDATA tokens will always retain a natural transactional drive. A vast portion of tokens currently face an issue that most of their transactional volume is driven by token trade itself. A utility token serving the purpose of a currency can quickly establish an organic transactional volume through its actual usage in the market.

Boosted Tokens

One of Opiria's main operational goals is to reallocate the way money is spent in the personal data market. It wants to make sure companies do not rely on middlemen to acquire personal data and instead get personal data directly from consumers. As a result, its creating a new channel of transactional flow, one where companies transact directly with consumers.

This gives Opiria a unique advantage in terms of developing token value. PDATA tokens become an important and only currency that lets companies access direct (personal data) transactions with consumers.

Token Metrics

PDATA tokens have a total supply of 750,000,000 and 450,000,000 are up for sale. Also, all unsold tokens will be burned; as always, this is great news as current token pricing takes into account max possible supply. A token burn would have an inflationary pressure on token price, which is great for token investors.

PDATA tokens are priced at $0.1 and have a hard cap of $30 million; the soft cap, interestingly, is undisclosed.