Topic: [ANN] Biotron.io Announcement - Transparent personal data analytics platform - page 36. (Read 29566 times)

Quote from: ParRus on March 22, 2018, 12:47:47 PM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

just like that, good summary, used to the point.

I don't see the point of buying data of another people by people and not by companies.

mandibleclaw

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Activity: 532

Merit: 50

ONe Social Network.

"The unsold tokens will be added to the user acquisition pool, which will be distributed among our app users to give further incentive to be a part of our project."

As I read it, some tokens will be added to a pool which will be distributed to users who download the app. So, since it's basically an airdrop, I don't think that new users will receive a lot of tokens, it's just an incentive, a marketing move if you prefer. It won't affect investors in my opinion.
Biotron.io, correct me if I'm wrong

levyashin

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$CYBERCASH METAVERSE

Quote from: areschen on March 22, 2018, 12:15:42 PM

Quote from: Biotron.io on March 22, 2018, 03:18:06 AM

Quote from: Frickeladm on March 21, 2018, 08:27:15 AM

Quote from: Biotron.io on March 21, 2018, 07:12:37 AM

Biotron's CEO reveals their roadmap for 2018. Initial Token Event starts in 6 days - register at www.biotron.io.

Can you tell us why youre not burning the not sold token? Its normally a better idea so you can raise the value of it.

The unsold tokens will be added to the user acquisition pool, which will be distributed among our app users to give further incentive to be a part of our project.

If you can be an application user and get tokens for free, then what profit will investors get if they buy tokens? What is the point of buying tokens?

This rule is unfair to investors. I think the reward token should be the part of the original marketing plan.
burning the unsold token can protect the interests of investors.

Completely agree, unsold tokens can greatly reduce the price of the token. It would be fair to burn them, or divide them among investors. I hope the project team will be able to reconsider its decision.

I would also prefer burning unsold tokens.

But even if you will do like this just make a ratio of it. Like %80 of the unsold tokens will be burned %20 will distribute among app users. It would be a good solutiıon for everybody.

CryptoCutie

full member

Activity: 238

Merit: 131

Quote from: areschen on March 22, 2018, 12:15:42 PM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

just like that, good summary, used to the point.

ParRus

full member

Activity: 490

Merit: 104

Quote from: Biotron.io on March 22, 2018, 03:18:06 AM

Quote from: Frickeladm on March 21, 2018, 08:27:15 AM

Quote from: Biotron.io on March 21, 2018, 07:12:37 AM

Biotron's CEO reveals their roadmap for 2018. Initial Token Event starts in 6 days - register at www.biotron.io.

Can you tell us why youre not burning the not sold token? Its normally a better idea so you can raise the value of it.

The unsold tokens will be added to the user acquisition pool, which will be distributed among our app users to give further incentive to be a part of our project.

If you can be an application user and get tokens for free, then what profit will investors get if they buy tokens? What is the point of buying tokens?

This rule is unfair to investors. I think the reward token should be the part of the original marketing plan.
burning the unsold token can protect the interests of investors.

Completely agree, unsold tokens can greatly reduce the price of the token. It would be fair to burn them, or divide them among investors. I hope the project team will be able to reconsider its decision.

areschen

full member

Activity: 392

Merit: 100

Quote from: Biotron.io on March 22, 2018, 03:18:06 AM

Quote from: Frickeladm on March 21, 2018, 08:27:15 AM

Quote from: Biotron.io on March 21, 2018, 07:12:37 AM

Biotron's CEO reveals their roadmap for 2018. Initial Token Event starts in 6 days - register at www.biotron.io.

Can you tell us why youre not burning the not sold token? Its normally a better idea so you can raise the value of it.

The unsold tokens will be added to the user acquisition pool, which will be distributed among our app users to give further incentive to be a part of our project.

If you can be an application user and get tokens for free, then what profit will investors get if they buy tokens? What is the point of buying tokens?

This rule is unfair to investors. I think the reward token should be the part of the original marketing plan.
burning the unsold token can protect the interests of investors.

CryptoCutie

full member

Activity: 238

Merit: 131

yes, the cleaned data and remove the personal privacy information would be a good idea.

areschen

full member

Activity: 392

Merit: 100

Quote from: Frickeladm on March 22, 2018, 11:04:21 AM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I think it's right. The user's data needs to be cleaned. remove the personal privacy information. The data is analyzed and formatted. Then the data is more valuable.

Genesis07

member

Activity: 252

Merit: 10

Quote from: MandatoryOption on March 22, 2018, 10:32:46 AM

Quote from: MandatoryOption on March 22, 2018, 09:51:15 AM

Quote from: levyashin on March 22, 2018, 07:26:29 AM

Quote from: Frickeladm on March 22, 2018, 11:04:21 AM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I don't think there would be some obstacle for individuals to buy data but as you stated it would be meaningless and not expecting any individual go for it.

But if a company is interested in buying data from Biotron, will they be able to pay in fiat or do they have to pay Biotron tokens for the data?

No, obviously only payments with Biotron tokens are possible. That's from their white paper: 'BTRN is a utility token that enables the trade of data between data providers and consumers. It is the only option for data consumers to pay for access to data and the only method by with they can compensate
their providers.'

So, lets say, a company wants to buy an analyzed data set from Biotron for $20.000. Does this mean they have to go to a marketplace, buy ETH worth $20.000, transfer that ETH to an exchange where Biotron tokens are listed, buy BTRN tokens and pay Biotron then with these tokens? Sounds pretty complicated tbh.

But isnt this the thing with every crypto project? Dont know any other project where you could by tokens/coins with fiat currency

like i said before, this would ufk up the idealogy of an investors token totally.

sambuki

newbie

Activity: 238

Merit: 0

Quote from: MandatoryOption on March 22, 2018, 10:32:46 AM

Quote from: MandatoryOption on March 22, 2018, 09:51:15 AM

Quote from: levyashin on March 22, 2018, 07:26:29 AM

Quote from: MandatoryOption on March 22, 2018, 10:32:46 AM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I don't think there would be some obstacle for individuals to buy data but as you stated it would be meaningless and not expecting any individual go for it.

But if a company is interested in buying data from Biotron, will they be able to pay in fiat or do they have to pay Biotron tokens for the data?

No, obviously only payments with Biotron tokens are possible. That's from their white paper: 'BTRN is a utility token that enables the trade of data between data providers and consumers. It is the only option for data consumers to pay for access to data and the only method by with they can compensate
their providers.'

So, lets say, a company wants to buy an analyzed data set from Biotron for $20.000. Does this mean they have to go to a marketplace, buy ETH worth $20.000, transfer that ETH to an exchange where Biotron tokens are listed, buy BTRN tokens and pay Biotron then with these tokens? Sounds pretty complicated tbh.

But isnt this the thing with every crypto project? Dont know any other project where you could by tokens/coins with fiat currency

If we can use the platform with any coins, fiat for example, then what is the point to create the token? That is the rough thinking that I can get till now.

Frickeladm

jr. member

Activity: 182

Merit: 1

Quote from: MandatoryOption on March 22, 2018, 09:51:15 AM

Quote from: levyashin on March 22, 2018, 07:26:29 AM

Quote from: MandatoryOption on March 22, 2018, 10:32:46 AM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I don't think there would be some obstacle for individuals to buy data but as you stated it would be meaningless and not expecting any individual go for it.

But if a company is interested in buying data from Biotron, will they be able to pay in fiat or do they have to pay Biotron tokens for the data?

No, obviously only payments with Biotron tokens are possible. That's from their white paper: 'BTRN is a utility token that enables the trade of data between data providers and consumers. It is the only option for data consumers to pay for access to data and the only method by with they can compensate
their providers.'

So, lets say, a company wants to buy an analyzed data set from Biotron for $20.000. Does this mean they have to go to a marketplace, buy ETH worth $20.000, transfer that ETH to an exchange where Biotron tokens are listed, buy BTRN tokens and pay Biotron then with these tokens? Sounds pretty complicated tbh.

But isnt this the thing with every crypto project? Dont know any other project where you could by tokens/coins with fiat currency

Genesis07

member

Activity: 252

Merit: 10

Quote from: MandatoryOption on March 22, 2018, 09:51:15 AM

Quote from: levyashin on March 22, 2018, 07:26:29 AM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I don't think there would be some obstacle for individuals to buy data but as you stated it would be meaningless and not expecting any individual go for it.

But if a company is interested in buying data from Biotron, will they be able to pay in fiat or do they have to pay Biotron tokens for the data?

No, obviously only payments with Biotron tokens are possible. That's from their white paper: 'BTRN is a utility token that enables the trade of data between data providers and consumers. It is the only option for data consumers to pay for access to data and the only method by with they can compensate
their providers.'

So, lets say, a company wants to buy an analyzed data set from Biotron for $20.000. Does this mean they have to go to a marketplace, buy ETH worth $20.000, transfer that ETH to an exchange where Biotron tokens are listed, buy BTRN tokens and pay Biotron then with these tokens? Sounds pretty complicated tbh.

maybe they will have an option on their website to be able to buy those tokens directly, but on the other hand it would fuk up the idea of having them on an exchange to push the price

MandatoryOption

member

Activity: 546

Merit: 12

Quote from: MandatoryOption on March 22, 2018, 09:51:15 AM

Quote from: levyashin on March 22, 2018, 07:26:29 AM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I don't think there would be some obstacle for individuals to buy data but as you stated it would be meaningless and not expecting any individual go for it.

But if a company is interested in buying data from Biotron, will they be able to pay in fiat or do they have to pay Biotron tokens for the data?

No, obviously only payments with Biotron tokens are possible. That's from their white paper: 'BTRN is a utility token that enables the trade of data between data providers and consumers. It is the only option for data consumers to pay for access to data and the only method by with they can compensate
their providers.'

So, lets say, a company wants to buy an analyzed data set from Biotron for $20.000. Does this mean they have to go to a marketplace, buy ETH worth $20.000, transfer that ETH to an exchange where Biotron tokens are listed, buy BTRN tokens and pay Biotron then with these tokens? Sounds pretty complicated tbh.

mike0182

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Activity: 420

Merit: 136

Quote from: MandatoryOption on March 22, 2018, 09:51:15 AM

Quote from: levyashin on March 22, 2018, 07:26:29 AM

Quote from: MandatoryOption on March 22, 2018, 09:51:15 AM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I don't think there would be some obstacle for individuals to buy data but as you stated it would be meaningless and not expecting any individual go for it.

But if a company is interested in buying data from Biotron, will they be able to pay in fiat or do they have to pay Biotron tokens for the data?

No, obviously only payments with Biotron tokens are possible. That's from their white paper: 'BTRN is a utility token that enables the trade of data between data providers and consumers. It is the only option for data consumers to pay for access to data and the only method by with they can compensate
their providers.'

I agree, it is logical to pay for the provided data only with the BTRN token. Thank you for showing this into white paper.

batako

sr. member

Activity: 1022

Merit: 252

Quote from: levyashin on March 22, 2018, 07:26:29 AM

Quote from: MandatoryOption on March 22, 2018, 09:51:15 AM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I don't think there would be some obstacle for individuals to buy data but as you stated it would be meaningless and not expecting any individual go for it.

But if a company is interested in buying data from Biotron, will they be able to pay in fiat or do they have to pay Biotron tokens for the data?

Using only biotron token will be the best solution I guess. Beside the platform get profit it can help the token to get some volume from the trade those companies made.

Jay2408

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Activity: 518

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🚀🚀 ATHERO.IO 🚀🚀

Quote from: levyashin on March 22, 2018, 07:26:29 AM

Quote from: saintkamei on March 22, 2018, 09:20:09 AM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I don't think there would be some obstacle for individuals to buy data but as you stated it would be meaningless and not expecting any individual go for it.

But if a company is interested in buying data from Biotron, will they be able to pay in fiat or do they have to pay Biotron tokens for the data?

No, obviously only payments with Biotron tokens are possible. That's from their white paper: 'BTRN is a utility token that enables the trade of data between data providers and consumers. It is the only option for data consumers to pay for access to data and the only method by with they can compensate
their providers.'

cmg12

full member

Activity: 280

Merit: 106

Quote from: levyashin on March 22, 2018, 07:26:29 AM

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

Most businesses prefer raw data from people who are not necessarily filling out forms for the purpose of data analytics. Biotron will have ensure that to profitable in this business. The scandal over Cambridge Analytica and Facebook is for all to see.

Today's computers have so much power that working on huge chunks of raw data is not a problem

MandatoryOption

member

Activity: 546

Merit: 12

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I don't think there would be some obstacle for individuals to buy data but as you stated it would be meaningless and not expecting any individual go for it.

But if a company is interested in buying data from Biotron, will they be able to pay in fiat or do they have to pay Biotron tokens for the data?

saintkamei

member

Activity: 210

Merit: 10

You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

Most businesses prefer raw data from people who are not necessarily filling out forms for the purpose of data analytics. Biotron will have ensure that to profitable in this business. The scandal over Cambridge Analytica and Facebook is for all to see.

cmg12

full member

Activity: 280

Merit: 106