Hello guys! It's pretty simple to sell your social media data and earn some crypto bucks. The big names in the social media industry has invaded our privacy and stolen our data. Little did I know before now that you there's a decentralized marketplace where you can sell and buy data. Both parties wins at the expense no one. Sounds great right?
Wibson can facilitate this. Wibson is a blockchain-based platform where you can trade your data for crypto. The wibson token is the lubricant of the platform and it's already trading on bittrex and bifforex.
To get know how this data trading works kindly watch this video:
https://youtu.be/CFNYcy02fi8Wibson website:
http://wibson.org/Selling your data for tokens or bitcoins is not very good, since it is not known who will use them.
You run the risk of appearing on the site of liars as one of the developers team and what do you think who the police will look for if investors are deceived.
And as regards personal identification, I think this contradicts the whole law of cryptography on the Internet, everyone should be anonymous if he so desires.
KYC was used for avoid a cheating went involved some campaign/airdrop.
KYC problem was alraedy many to discuss, Still dont know what the best other solution to solved the problem without doing a KYC.
And you need to deal with fraudsters with smart contracts, for example, a contract is created on the site where it is indicated that the token developers promise profit to the investor within 2 months if this does not happen, the money is returned to the investor, somehow.