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Topic: [ANN] Enabling Consumers to Capture, Own and Profit from Their Data (Read 200 times)

copper member
Activity: 10
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If you'd like to join our whitelist, please go to https://www.cyd.digital/#13.
copper member
Activity: 10
Merit: 0
TL;DR:
• Introducing CYDigital, enabling Consumers to capture, own and profit from their data
• Centerpiece of the system is the CYDT token
• As more consumers and brands enter the ecosystem, CYDigital will need to purchase CYDT back from CYDT holders

I want to introduce our project to you, CYDigital.

We estimate that in 2019 U.S. Consumers will generate data valued at $820B USD, yet the online user does not have the opportunity to share in that value.

Our purpose is enable Consumer to capture, own and profit from the data they create.

Through CYDigital's platform and its DApp, Consumers will be rewarded for participating in the CYDigital ecosystem when they sign-up, stay active and share their tokens. Brands, via a permission-based system, will be able to reach these specific Consumers with specific offers (not ads!), including while Consumers are viewing competing products/services.

Please consider this scenario: you're looking at a set of pots and pans from Company X, and an indicator on your browser bar is lit. When clicking on the indicator (just that action alone earns you tokens), you are presented with a deeply discounted offer of a set of pots and pans from Company Z. That's just one way the CYDigital platform works.

The centerpiece of CYDigital is the CYDT utility token.

Out of the 1B CYDT issued (that's it), CYDT is used to reward Consumers, and is used by brands/advertisers to reach these Consumers. So as more Consumers and brands enter into the ecosystem, the more CYDT is needed to reward Consumers and for brands to pay for access. As a result, CYDigital will need to go back to CYDT holder to buy back CYDT so as to always keep a reserve on hand.

Resources:
Website: https://cyd.digital
White Paper: http://cydigital.io/CYDigital_White_Paper_5.3.pdf
Investor Deck: http://cydigital.io/CYDigital_Investor_Deck_6.0.pdf

You may have questions, we definitely have answers. We'd love your feedback.

Joe
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