An actual anecdote may look something like this: “We are a startup that creates nutrition assistant and family menu helper app. We collect anonymised data from the users and ensure differential privacy, yada-yada. We want to sell this data to hedge funds that trade food company stocks (so that we can offer the app for free for to our users), but we need to negotiate the terms of these agreements in an ad-hoc way with each hedge fund individually, and we don’t have a principled way to come up with a fair price for the data. We would benefit from something like a ‘platform’ on which we can just publish the API spec of our data and then the platform (i.e., the Gaia Network) takes care of finding buyers for our data and paying us a fair price for it, etc.”
BTW, this particular example sounds just like Numer.ai Signals, but Gaia Network is supposed to be more general and not to revolve around the stock market alone. E.g., the same nutritional data could be bought by food companies themselves, logistics companies, public health agencies, etc.
Thanks for suggestions.
An actual anecdote may look something like this: “We are a startup that creates nutrition assistant and family menu helper app. We collect anonymised data from the users and ensure differential privacy, yada-yada. We want to sell this data to hedge funds that trade food company stocks (so that we can offer the app for free for to our users), but we need to negotiate the terms of these agreements in an ad-hoc way with each hedge fund individually, and we don’t have a principled way to come up with a fair price for the data. We would benefit from something like a ‘platform’ on which we can just publish the API spec of our data and then the platform (i.e., the Gaia Network) takes care of finding buyers for our data and paying us a fair price for it, etc.”
BTW, this particular example sounds just like Numer.ai Signals, but Gaia Network is supposed to be more general and not to revolve around the stock market alone. E.g., the same nutritional data could be bought by food companies themselves, logistics companies, public health agencies, etc.