Building the Data DAO – Weilei Yu

Fri, Oct 2, 2020, 12:00 AM

This talk is from ETHDenver, the world’s largest Web3 BUIDLathon and Community Gathering. ETHDenver’s content is crypto and blockchain focused. Subscribe to our channel to learn more + connect on Twitter: https://twitter.com/EthereumDenver. Speaker: Weilei Lu of Streamr Abstract: Together with DAOStack, Streamr is creating a fully self-governed global data ecosystem run by a DAO. The DATA DAO leverages the data generated by a mobile app called myDiem, which was recently developed by members of the Streamr community. It allows users to share statistics about their mobile apps usage (like time, frequency) without revealing any personal data. It is very similar to iOS’ embedded screentime. Users of the app who are contributing data to the DATA DAO are also active participants who can propose policies and vote. Additionally, we have put together an initial team of administrators composed of developers, designers, marketing and business development professionals. Right now it is in beta testing, with the aim of larger public testing and mass adoption later this year. Each user will not only receive revenue sharing from the data they contribute, but they will be earning also reputation points that can be used to elect new administrators, propose policies or vote for new proposals. The revenue from the app’s sales of aggregated anonymous data will be sent directly to the DATA DAO’s smart contract, where part of its usage will be decided by administrators and part by community proposals. In a 30 minutes long presentation we’d like to showcase what we’ve built so far, talk about the design choices we’ve made in creating the DATA DAO and onboard our first users. At Streamr, we are aiming to build the foundation for a new data economy era where users are empowered to take control of their data and small and big companies alike have equal access opportunities to quality datasets. One of the projects coming out of our ecosystem is Swash, which rewards users globally for their shared aggregated browsing data. It won’t solve the privacy abuse from big tech companies, but it is a first step in rewarding users for the data they generate. Swash onboarded almost one thousand users during its first beta testing in less than a month, without much marketing efforts. Link to myDiem Initial Project Proposal Roadmap https://forum.streamr.dev/d/51-mydiem-create-a-mobile-app-to-gather-usage-metrics-across-apps/38 Link to Swash: https://swashapp.io/. This talk was recorded Friday, February 14, 2020. ETHDenver 2020’s content themes included DeFi; DAOs and Token Engineering (TE); Gaming and Usability; Protocols and Interoperability; and Public Good and Social Impact. Industry experts also weighed in on topics like decentralization, privacy, identity, non-fungible tokens, scaling, governance, diversity, and arts and culture in blockchain technology. The 2020 event was February 14-16 in Denver, Colorado and hosted 2000+ blockchain enthusiasts, developers and community members from 50 countries and 50 U.S. states. 🔴 SUBSCRIBE ETHDenver’s YouTube https://www.youtube.com/channel/UCgz9NU06t_FkT0Py1Vadczw 💡 LEARN ETHDenver’s Official Website https://www.ethdenver.com/ 👋 CONNECT ETHDenver Twitter https://twitter.com/EthereumDenver 📖 READ ETHDenver News on Medium https://medium.com/ethdenver 🛍️ SHOP ETHDenver Official Merchandise bufficorn.com 💬 CHAT Telegram https://t.me/Ethdenver Discord https://discord.gg/jteMn5c 📱 FOLLOW LinkedIn https://www.linkedin.com/company/ethdenver Instagram https://www.instagram.com/ethdenver/ Facebook https://www.facebook.com/ETHDenver/