We live in an era where more data are stored digitally with or without our consent. Your name, favorite, family background, region and location, hobbies, education accomplishments, gender, age, the list can go on with anything that has to do with human personalities and are own by large organizations (Google, Amazon, Facebook, Linkedin, Twitter, WhatsApp, SnapChat etc). All these information are used for the benefits of the holders for marketing purpose with a targeted audience and sometimes come with annoying Ads, an unwanted promotion that is difficult to resist.
Users inadvertently gave consent by agreeing to the user conditions in order to be able to use the services provided with zero knowledge about what happened to data thereafter which all the big tech companies monetize with little or no n=benefit to the user. In fact, data is the biggest takeaway in our digital era.
Datafundhas come to put a check into this by providing a platform where you have full control of your data (own, reclaim and manage your data) effectively. Datafund project is a protocol and a distributed application (dApp) that guards personal data, provides safe storage and enables provable personal data exchange. Information is shared anonymized or on a need-to-know basis according to an agreement between exchanging parties.
Tinder knows your sexual preferences, Amazon knows what you talk about at home, Facebook what you believe and Google what you’re about to buy. IBM needs only 200 tweets to break down personality into 50 different traits (Venture Beat) — that was three years ago. The mission is to know as much as possible about you before and better than you know yourself. Predictive is the buzzword.
Humans forget, computers don’t. The talkative digital trail we are already leaving now — without being aware of it — will only be expanded, more detailed and more actionable. We lock doors but leave access to the mind wide open.
There is an invisible battle happening, the battle for your mind and personal liberty where we are constantly profiled for weak spots and impulses. The internet has been weaponized, data is ammunition and we are all going to suffer if we don’t act now. It has already started. In the future, we will be by default recommended or black-listed by algorithms which sort through our data. Your job, credit score, spouse, house. Just a number.
Reclaim your data, reclaim freedom: The world is becoming data-driven and the biggest takeaway from any individual is data. Personal data is becoming more sensitive and we are more vulnerable than ever before. Now it’s time to reclaim, own and manage personal data. Datafund is a protocol that guards personal data and provides safe storage and enables ethical data exchange.
Datafund leverages blockchain technology to deliver an uncompromisingly transparent personal data exchange. Information is shared on a need-to-know basis according to an agreement between exchanging parties. Datafun has already developed a working product which is currently being tested on 20,000 customers with the key technical features already in place for the reclaiming phase.
Towards a democratic data society : Humanity first — EU & GDPR
Datafund embraces this vision of the future with a strong belief that blockchain is the technology that is the enabler of the grand GDPR vision — citizens should have control over their data. Today, we have consumers with no rights or who are not aware of their rights, sometimes with some data on one side, while on the other side are corporations and digital services that have enormous quantities of (personal) data and almost no rights to use them. Many global services and applications based on personal data today are using data in a way they should not. On top of that, efficiency without sacrificing transparency can be drastically improved.
The three primary entities in the personal data economy
In the spirit of the new understanding of the personal data economy and centrism of the individual within it, we understand data owners as individuals (the GDPR calls us data subjects), primary consumers who provide the raw material — the data about them — to companies and other organisations.
Companies can finally stop collecting data and start using it — in an ethical way
Usually when we start talking about problems connected to the use of personal data, the focus is mostly on the individuals and their rights to privacy and control of their data. However, there is also the company’s side of the story, a side that has to deal with availability, access and quality management of customer data.
We want to bring these two worlds together. Our goal is to give a reliable and easy-to-use solution to companies that want to treat personal data in an ethical way. Through our extensive meetings with companies over the past months we’ve identified four sets of problems that businesses have with personal data:
- There isn’t always really a good return on customer data.
- Data quality is often underwhelming and significant effort is required to make use of it.
- There’s a jumble of global regulation and mounting pressure from regulators and customers for personal data protection.
- No simple and comprehensive solutions exist that connect user data from different platforms into one cohesive picture.
Mihael Modic: Cofounder, CEO
Zenel Batagelj: Cofounder, Chief Strategist
Gregor Žavcer: Cofounder, Protocol
Viktor Tron : Cofounder, Protocol
Datafund team consist of: entrepreneurs, business professionals, scientist, engineers, hackers and freedom fighters, all in the same vision of building a personla data economsy. Visit here for a comprehensive list of competent teams with diverse of experience.
To enable personal data management and exchange network, Datafund will create a DEX token which is an ERC777 token (also ERC20 compatible token) and acts as a non-security consumer token. DEX token utility can be summarized in these distinct cases which will be enabled gradually, as protocol development reaches planned milestones:
- Staking for listing in token curated registries and for service providers
- Decentralised governance
- Payments (optional)
Token sale and use of funds
Hard cap (Manage milestone): 20,000 ETH
Soft cap (Reclaim milestone): 3,000 ETH
Emitted tokens (incl. Seed and bonus): 40%
Rate: 50,000 DEX for 1 ETH
Join The Privacy Awareness Campaign, Click on Level 1 tasks and start earning DEX tokens as described below:
Privacy Awareness Campaign (PAC)
For the Privacy Awareness Campaign Datafund will allocate 30,000,000 DEX tokens. Datafund intend to build a strong community and reward its members for spreading awareness about the ever-growing importance of data privacy and the Datafund project itself.
Level DEX allocation
- Level 1 40% of PAC pool (12,000,000 DEX tokens)
- Level 2 45% of PAC pool (13,500,000 DEX tokens)
- Level 3 15% of PAC pool (4,500,000 DEX tokens)
Steps to join the airdrop and bounty
- Sign up at the Datafund website.
- Click on the edit menu to complete your profile and enter your ETH address.
- Click on Start earning DEX! button
New tasks will be added regularly, so make sure you check our Twitter and Telegram frequently.
|№||Task name||DEX Value|
|1||Join our Telegram group||250|
|2||Follow us on Twitter||250|
|3||Click to tweet privacy post 1||50|
|4||Click to tweet privacy post 2||50|
|5||Click to tweet privacy post 3||50|
|6||Click to tweet privacy post 4||50|
|7||Click to publish our blog to your Twitter 1||50|
|8||Click to publish our blog to your Twitter 2||50|
|9||Click to publish our blog to your Twitter 3||50|
|10||Click to publish our blog to your Twitter 4||50|
|11||Click to publish our blog to your FB 1||50|
|12||Click to publish our blog to your FB 2||50|
|13||Click to publish our blog to your FB 3||50|
|14||Click to publish our blog to your FB 4||50|
Click on each task to see how to complete it when you login.
|№||Task name||DEX Value|
|2||Video Content||3,600,000 DEX|
|3||BTT Signature campaign||1,800,000 DEX|
Privacy Champion is the highest rank in PAC and is reserved for participants who demonstrate exceptional effort. As such, they can also represent Datafund at meetups and events. You can join this level by writing a short presentation describing why you’re the right candidate to be a Privacy Champion.
Tokens for this will be used to reward participants who provide great content, bring Datafund & data privacy into the spotlight, connect us with influencers, and all other situations and ways of promotion we haven’t yet covered in our PAC program.
Please reach out to us at firstname.lastname@example.org if you want to be a Privacy Champion and let us know how you could contribute. We’ll get in touch with you as soon as possible.