1 company will not pay you directly 2k$ for your data, thats for sure, maybe 10 Cent or 1$, but you will get your ~2k$ by many companys aka data buyers altogether.
I think you can sell your personal datas for way more than this.
More than 10$ easily.
If you have the right data for the company which want to buy, maybe yes.
But still I wonder, why should companies like Facebook or others stop selling our data themself? I mean, there are companies out there who collect everything they can get from us, they will not just stop selling it now.
they will not stop selling, but they are the middle men. If companies buy directly from end users, they wont need the middle men anymore. I love the idea
Facebook will buy from you as well, you know
Maybe I don't understand the project, but Datum won't/can't prevent facebook & co. from selling your data, right? This would mean, that I actually won't get back control of my data. So, even if I decide not to sell my data, whoever is interested in them, can still buy them from facebook + others.
You are right, if you back up your data to Datum, i guess you can sell it cheaper then social media sites do. Either that or let Facebook / twitter sell it to third parties and you'll get nothing. At least that's how i understood it anyway.
Exactly. It's not the data that facebook sells anyway, it's the actual real data. Have you noticed how some ads are not relevant for you? That's because facebook doesn't know everything. Now, once datum is up and running, facebook will want to get in on that, so they'll buy your data to give you relevant ads that you're actually interested in, so that 1. you'll be happier on facebook because you're not getting irrelevant ads, and 2. facebook advertisers will be happier because they're not spending money on irrelevant ads, 3. facebook will be happier because both parties are happier
To be fair, all the ads in my Facebook feed have been ads for ICOs lately, so they are on to me .