TAPMYDATA, the ‘APP’ that allows me to earn money with my personal data.

Marcel Marcus Junior
4 min readDec 21, 2020
Tapmydata

My data

My data (and your data) is “the gold of the 21st century” is a mantra increasingly heard. But the metaphor is taking shape. A sample is Tapmydata a is a decentralized marketplace of data, based on blockchain technology, which allows me to manage my personal information and obtain income in exchange for my data. Everything safely and anonymously.

Tapmydata

Tapmydata has an advanced, robust data rights solution and channel for organisations to rebuild trust with citizens — securely, transparently and with Privacy by Design — the first of its kind worldwide.

The decentralised TAP personal data protocol and token breaks the old cycle of data abuse. Each user can manage their own digital identity, mint NFT’s of Blockchain Verified Consent and license this for use across the web, receiving value (ERC20 tokens) from organisations.

The app awards TAP tokens for activity which benefits the community, like sharing data or verifying credentials. You can then use these tokens (or buy more) to mint your own Blockchain Verified Consent artefacts (NFTs). These are what organisations purchase for use in targeted marketing, also using the tokens.

I believe that the time has come for citizens to regain control of their data and benefit from the value they generate.

An ecosystem has been built around my data.

In today’s economy, the data is money, as evidenced by the stratospheric value that Google, Facebook, Apple, Amazon or Microsoft have on the Stock Market. Although the internet is a fundamentally decentralized system that links billions of devices to improve communication, companies have skillfully used the protocols that support it to create applications and services that capture and control massive amounts of personal data.

Services that capture and control massive amounts of personal data

Tapmydata is my favorite ecosystem, it has been built around our data and our identity that has to be changed. The rules have changed, when I want to give my data, it will be my own decision. People don´t want Google and Facebook to own their data; that they know more about me than they do.

Google and Facebook are not very transparent, but they provide us with great value. Imagine how inefficient and slow the world would be today without them. But, the latter, get succulent income with our data without giving us anything in return.

The rules have changed, when I want to give my data, it will be my own decision.

Tapmydata relies on blockchain technology , and this allows users to have a direct relationship with companies that want to use their data.

Tapmydata will completely change the dynamics of the market. Now consumers will regain control of their data, I will be the one who decides how and when to monetize them, I will know to whom they are sold and what use they are going to make of them. And it will also agree on the price they have.

Tapmydata app not only benefits consumers by providing them with the ability to control and monetize their personal information, but it also gives advertisers and organizations interested in that data access to verified information of high quality, and with the explicit consent of the consumer. A mechanism that will be critical as new privacy regulations, such as the GDPR (the new European data privacy law), come into effect in the coming months.

TAP Token

But how does this data market work?

I should only connect to the Tapmydata app (list for iOS and Android) my Facebook accounts, LinkedIn, Gmail, my mobile GPS, any source of personal data. From there, the information is encrypted on my mobile phone (nothing is saved in Tapmydata) and I start receiving offers from data buyers, which can be accepted or not.

Once a transaction is confirmed, I will receive payment for sharing my data. Blockchain will always have a Smart Contract between buyer and seller of the data, which will establish the conditions of use of that information, adding that the charge will be made in a cryptocurrency called TAP. The TAP token became available with the launch of the Tapmydata market in December 2020.

Public sale

The public sale will be December 17th 2020 at 17:00 GMT.

Only Public sale tokens will be in circulation for the first 6 months.

KYC and AML solutions will be applied. 10% Bonus will apply to all token holders who pass KYC process.

How you can buy TAP tokens? Follow these three simple steps:

https://tapmydata.com/how-to-buy-tap-on-balancers-lbp/

For me the most important thing is to maintain the privacy of my data and sell them if I decide, and for you?

More info:

https://tapmydata.com/

Bounty0x usertname: MiguelitoX11X

“A sponsored article written for a bounty reward.”

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Marcel Marcus Junior

CRYPTO INFLUENCER. #Blockchain #Cryptocurrencies #Bounties & Emerging #Technology. 🔃