WeData - Our data, our value | Round 15

Name of Project:

WeData - our data,our value

Proposal in one sentence:

Creating a platform to build datapools which contain the data gathered from social media platforms of private individuals, who are willing to grant permission to this data via Ocean Protocol’s compute-to-data in exchange for a financial compensation.

Description of the project and what problem is it solving:

By aggregating as much data as possible from individuals, who are willing to sell access to this data a high value offer is made available on the Ocean market. This leads to an increase in the attractiveness for data suppliers as well as entities that are willing to purchase data sets for a fee; This leads to a positive effect on the transaction amount for Ocean market and an associated increase in the volume of sales.

Grant Deliverables:

  • Establish Brand, Homepage, Social media channels to attract first community members and develop traction for the next milestones to achieve
  • Build Mockups for investor presentations
  • Finalize research for requirements and system
  • Continue Interview with potential lead-customers, partners and stake-holders

Which Project Category best describes your project?

  • Build application to Ocean

Are you applying for an Earmark?

  • New Project

What is the final product?

Becoming the “Data supplier of the masses”

By creating a network of a great number of private individuals who are willing to sell their own data, a market model is created that is still missing in the established value chain. Using the existing infrastructure of DataUnion Foundation ensures the compatibility of the collected data for the use of third-party algorithms. Access granted through the Ocean market results in the generation of revenue, which can be passed pro rata on to the network of private individuals.The focus is therefore on the creation of a service that enables the aggregation of user data from various self-used platforms.The data collected in this way remains the property of the respective individual, enabling an overview and the targeted granting of permission for certain data sets. Additional features such as the payout of any earnings can be made via fiat payouts. As a result, it remains an easy-to-use and understandable solution, which promises a freely accessible overview of your own data, permissions and at the same time a source of income. The designation of income streams generated in this way as a universal basic income is obvious.

What value will be added?

  1. Usage of Ocean Protocol: We will add a significant data-consume volume to the network through finding a lot of lead-customers whose only way to analyze the data we provide is to purchase access rights via the ocean protocol
  2. Viability very likely through three aspects:
  • Partnership and support with know how, infrastructure and development power of DataUnion Foundation
  • Chance of funding through the current participation in the final round of the Blockchain-Founders-Group “Superstars” accelerator program
  • Broad connected ecosystem inside the financial & startup branch, through 7 years of background from CEO
  • Worldwide networking through Blockchain-Founders-Group
  1. Community active-ness: Our technical advisor Robin Lehman (CEO & CTO - DataUnion Foundation) is a member of the DAO for many years. Our CEO Henry Griesbach as the core team will actively take part in all upcoming events to support the community and establish more connections inside of this great project.
  2. Adding value to the overall community: By establishing an easy way for private individuals to join a pool for selling their data the overall awareness of Ocean Protocol will rise. In addition the need for algorithmic programmers will rise, as this task becomes a significant factor to connect collected data to potential buyers via insights created from the data.

Question on “value add” criteria: which one or more of the criteria will your project focus on? Why do you believe your team will do well on those criteria?

The initial focus is on creating a use case for Ocean Protocol. By achieving a clear customer-buyer relationship that starts with the data providers (individuals) and ends with the data consumers (companies, institutes, private individuals), a valuable building block in the value chain is added to Ocean Protocol.

Funding Requested:

3.000 USD

Proposal Wallet Address:

0xDfe3396e9b7FD74827D2D3667b5469592Fe87ea1

Have you previously received an OceanDAO Grant?

NO

Team Website (if applicable):

coming soon

WeData on Twitter

WeData on Discord

Project lead full name: Henry Griesbach

Project lead email: Henry.Griesbach@Blockchain-Founders.io

Country of Residence: Germany

## Part 2 - Team

### 2.1 Core Team

Henry Griesbach

  • Role: CEO
    Relevant Credentials:
  • Background/Experience:
    • Technical Trading Support at germans biggest retail market maker
    • Financial markets expert
    • External Advisor for the “financial Tinder” - Vickii
    • Business development Advisor for different german financial statups

Dieter Haas

  • Role: Community Manager & Web-Designer
  • Background/Experience:
    • Marketing expert
    • Founder of a fitness-company

Damian Rolek

Raphael Hagemann

  • Role: Artificial Intelligence Developer
    Relevant Credentials:
  • Background/Experience:
    • AI Student @ International University of Applied Sciences
    • Project & Systems Management and Regulatory Compliance @ germans biggest retail market maker
    • Bachelor of Arts @ Banking & Finance

### 2.2 Advisors

Robin Lehmann

  • Role: Technical Advisor and early stage supporter
    Relevant Credentials:
  • Background/Experience:
    • CEO, CTO and Co-Founder of DataUnion Foundation
    • Ocean Protocol Ambassador

Nathan Vandy

Max Zheng

Valentin Seehausen

## Part 3 - Proposal Details

### 3.1 Details

Details of the proposal:

With this grant we will achieve our next milestones of setting up a corporate identity for our data-collecting-plattform and start to set up the architecture for it. The general idea is: By creating a network of a great number of private individuals who are willing to sell their own data, a market model is created that is still missing in the established value chain. The connection to the existing infrastructure of DataUnion Foundation ensures the compatibility of the collected data for the use of third-party algorithms. Access granted through the Ocean market results in the generation of revenue, which can be passed pro rata on to the network of private individuals.The focus is therefore on the creation of a service that enables the aggregation of own data from various self-used platforms.The data collected in this way remains the property of the respective individual, enabling an overview and the targeted granting of permission for certain data sets. Additional features such as the payout of any earnings can be made via fiat payouts. As a result, it remains an easy-to-use and understandable solution, which promises a freely accessible overview of your own data, permissions and at the same time a source of income. The designation of income streams generated in this way as a universal basic income is obvious.

Read the entire briefing on medium

### 3.2 If in Category “Build / improve applications or integration to Ocean”:

App will be live at:

Appstore of Apple & Android + webversion

Is the software open-source?

No

**If open-source, please specify the license. If no, please specify why not open-source.

Due to the competitive nature of the data union ecosystem the code will not be made Open Source - especially the DataUnion Foundation backend system will not be Open Sourced as there are security features in place that cannot be made Open Source for the protection of the data.

### 3.7 If the project includes software:

Are there any mockups or designs to date?
Mockups will be needed for Blockchain-Founders-Group investor pitch @ 31.March 22.
By then they will be latest available

**Please give an overview of the technology stack. **

Mobile app: React Native, Web3.JS, Ocean.JS, WalletConnect

Backend: Flask, Ocean.PY, REST APIs, Solidity

### 3.8 If the project includes community engagement:

Which channels will be used? For how long?

We will use Twitter, Discord & LinkedIn to establish traction for collecting as many followers and early registrations for a potential beta as possible. This traction we will achieve through cooperation with potential partners and the usage of the already existing network of the team-members and DataUnion Foundation.

### 3.9 Project Deliverables - Roadmap

Any prior work completed thus far? Details?

  • regulatory consultation
  • 40 interviews with potential high grade lead-customers from different branches
  • technical feasibility has been proved in cooperation with DataUnion Foundation developers and ex-/intern data scientists
  • deep research on potential features, concept and implementation
  • setup connections to potential investors & advisors

What is the project roadmap?

  1. Homepage & social media set up until latest mid of March
  2. Interviews with lead-customers to achieve letter of intent by end of march
  3. Make cooperations with potential data-delivering-companies by end of march
  4. Mockups for Investor-pitch by end of march
  5. Start building backend, frontend & first small app-version in april
  6. Present result as a medium post in april

What are the team’s future plans and intentions?

We intend to build an ecosystem where data sellers, buyers and processors all benefit and share a common goal: the commercialisation of data and the associated basic incomes for individuals, as well as the provision of data for research and other projects that improve the current state of our society.

Thank you for your submission @Traidee, it is now registered for R15.

1 Like

Hi @Traidee

Thank you for submitting your proposal for R-15!

I am a Project-Guiding Member and have assigned myself to help you.

I have reviewed your proposal and would like to thank you for your participation inside of the Ocean Ecosystem!

Your project looks promising and I believe it’s aligned with our evaluation criteria of generating positive value towards the Ocean Ecosystem and the W3SL. The proposal makes it possible for retail users to participate in the marketplace with minimal effort and are incentivised to share the data.We also appreciate the prior work done to understand the domain from legal,business and technical perspective. I am really excited and looking forward to helping you out in anyway!

Based on the reasons above, I am in support of your project and proposal. I look forward to continuing providing support and feedback to your project.
All the best!

-Trishul, PGWG Guide

Hi @Trishul,

thanks for your friendly welcome.
I`ve send you an invite in discord for the short call.

Thanks and best regards from the hole Team
Traidee

Hi @Traidee,
super cool project, even though I don´t quite understand how the user will share his data with the pool in the end.
Would this be possible in the same manner with data produced by users on their journey through a metaverse?
This kind of data could also become very valuable in order to simply see where the traction in the metaverse is, where a lot of transactions are made / value is transferred and so on.
I will vote in your favor and am looking forward to maybe see a metaverse integration at some point as well.
Schöne Grüße
Phil from MGH

1 Like

Hey Phil,

first of all thanks for your interest and your support!

Actually a metaverse implementation is planned. We are working together on this with the platform itself - but at the moment I don’t want to go to deep in detail.

Would love to welcome you on our discord channel to stay in touch!

Beste Grüße aus Düsseldorf
Henry

Deliverables from our last proposal (what we achieved last month) :

[X] Establish Brand, Homepage, Social media channels to attract first community members and develop traction for the next milestones to achieve

Brand: WeDataNationHomepage:WeDataNation.io / .com / .de / .ch is registered and ready in english version → Releasedate is 10th April

Social Media: Discord, Twitter, LinkedIn, Twitter, Telegram is registered and will go live parallel with the homepage 10th April

[X] Build Mockups for investor presentations

Proof of concept: ready
Designer:assigned
Mockups for App are finished / Mockups for Web are in the final stage and will be ready by 10th april

First pitch to very early stage investors to win additional advisors @ 12.april
Second Investor pitch to get funding by end of april

[X] Finalize research for requirements and system

[X] Continue Interview with potential lead-customers, partners and stake-holders

Interviews> 50

Results: We found > 20 potential lead-customers interested in testing our product for a web 2/3 hybrid market research tool.

Perspective: With our product a significant amount of potential new customers from a company side will start using ocean market and by this increase

[X]Additional deliverables this month :

  • Found a way to add additional value to the datasets by connecting web 2 & 3 research tools

  • Signed partner agreement with DataUnion and started to plan the timeplan for development of the app & data-portal

  • Team is taking part in OCEAN DAO townhall meetings and is now member of the OCEAN Ambassador program and actively working on tasks from the activity farming

  • Wrote down the philosophy of WeDataNation to prepare upcoming interviews, videos and other presenations in public- Established working group for our Data-Trust-DAO structure with 3 respected external advisors

  • Finished research on potential EU-grant programs for data based startups

  • Received invitation for first pitch to win addional advisors @12.april

Thank you for submitting your deliverables @Traidee! Everything is in order!

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