Opiria Business Analysis (new ICO)

in #ico6 years ago


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Opiria is creating a personal data marketplace where anyone can sell their personal information to any company.

Opiria SWOT Analysis

SWOT analysis sheds light on the potential of a project.

Strength.png

Opiria's main strength is that it has already proven to have a successful idea. Opiria currently has both consumers and companies utilizing its service.

This allows Opiria some important advantages.

  • Opiria can learn from the mistakes made in the development of its previous product to ensure its personal data marketplace is successful.

  • Many projects launching ICOs are mere ideas. Opiria, on the other hand, is already an established company.


Weakness.png

Opiria is entering a competitive market as lots of companies want a piece of the pie of the data market. The result is that Opiria will have to make strong efforts to stand out.

However, given that Opiria is making a new means of getting data that is not just more accurate, but is also an ethical approach, it has the base to easily stand out. The company will just have to dedicate some effort to promotional campaigns.


Opportunity.png

Recently, mainstream media has shed a heavy spotlight on the importance if securing private information. This has made the mass market more aware of steps they need to take to protect their information. This recent shift has made it difficult for companies to access accurate data on consumer needs.

Opiria is offering a composite solution to this dilemma right when it is most needed. Consumers' privacy is kept intact as only they can choose which aspects if their personal data they want to sell, and as a result, companies get thorough information on what consumers want.


Threat.png

Plenty of blockchain projects are targetting the data market. One such project could stem into the personal data market as Opiria.

However, every blockchain project aiming for the data market is in its early stage and is working to capture the data market niche it is differentiated to capture. Also, Opiria is leveraging the network and abilities of an existing company and that gives it a massive advantage in capturing the personal data market.

So, it's extremely unlikely that Opiria would see a peer data-focused blockchain project try to stem into its niche.


Wrapping up: Opiria has plenty of strengths to leverage as it aims to dominate the opportunities in the personal data market.

Opiria Essential Links

🌐 Website: https://opiria.io/
💡 Whitepaper: https://opiria.io/static/docs/Opiria-PDATA-Whitepaper.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3076122.0
💻 Telegram: https://t.me/pdatatoken
⌚️ Token Main Sale: May 1

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Glad you liked it!

I don't know anything about opiria, what is it all about sir?

Opiria is creating a marketplace where anyone can sell their personal data to any company (detailed intro).

Essentially, you can sell your personal information to a company for PDATA tokens (token details here). This allows companies to have accurate consumer wants data and in return consumers are able to both secure their information and earn an income from it.

Ok. Thanks

You're welcome :)

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