Country of Residence - United Arab Emirates
Our Round 7 Pledge: 32’000 OCEAN
The following proposal aims to support Data Whale’s efforts towards encouraging adoption of the Ocean Marketplace by leveraging on three main pillars: community tools, trading tools and business development.
Tired of reading? Check out our latest YouTube video “The BIG Reveal”, where we discuss our purpose, objectives, opinions, achievements but also challenges in detail.
Data Whale is a startup that strives to encourage adoption of a new data economy within the Ocean Protocol eco-system.
We develop a variety of tools for the community that encourage the outreach of datatokens, an emerging asset class of ERC tokens backed by real-world data.
Furthermore, our team is constantly working on acquiring quality datasets from potential data partners, in order to support with the curation and tokenization of data on the Ocean Market, unlocking new data assets for stakers and investors.
To become the largest and most trusted liquidity pool provider on the Ocean Marketplace.
To acquire, curate and onboard the most sought-after datasets from a variety of industries.
To develop the most recognized third-party platform to research, understand and trade datatokens.
To establish effective marketing communication channels to encourage the adoption of datatokens.
Build & develop a mobile application, which encourages adoption / usability of the data marketplace.
Encourage outreach of the Ocean Marketplace through our other marketing and communication activities.
What have we achieved so far?
Apple App Store:
Why should you vote for this Data Whale proposal?
We will continue to develop and #buidl with the following activations in mind.
Develop an end-to-end mobile Dapp trading, storage and exchange solution, by expanding our development team for ALGA. and get support from an experienced Ethereum Developer.
Continue building our business, as highlighted in previous OceanDAO rounds. Check out our new website https://datawhale.online
Continue our business development efforts and launch more IDOs on the Ocean Marketplace.
What are our Targets for Round 7 and beyond?
Updated ROI Calculation
Below is our Year-To-Date (YTD) operating statement in US$.
The reason for calculating in US$ is that we have self-financed the majority of our development in this currency and have not sold any $OCEAN. Instead, we are adding value to the eco-system, by staking our OCEAN grants on the BANCOR Liquidity Pool. We understand that this holds significant liquidity risks (such as in the current scenario), but also an upside potential (e.g. if OCEAN price rises again).
Ocean Price used for final calculation as of 22.06.21
Our ROI pledge has the main objective to drive value to the Ocean eco-system through the BUILD and ENCOURAGE OUTREACH objectives.
Total ROI Calculation can be updated as follows.
(BANG (R1/2 + R3 + R6 + R7) / BUCK (R1 + R2+ R3 + R6 + R7)) * R7 Chance of Success = ROI
(540’000+75’000+75’000+125’000) / (13’000+10’000+10’000+15’000+32’000) * 85% = 8.65
We have updated the R7 BANG to 125’000 OCEAN, as we believe that our marketing efforts on social media and YouTube will bring simplicity and excitement to the data economy. The channel will be fully dedicated to datatokens and data-finance (DaFi).
We discuss our team, collaborators and supporters in detail in our latest YouTube video. Check out our channel!
We hope that you continue supporting our initiatives that builds a foundation for the future of the data economy. If you would like to collaborate, please feel free to reach out to us! For now:
THANK YOU FOR YOUR SUPPORT!
We remain at your disposal for any questions. Contact us on one of the many channels linked above!