SPI - Shopping.io data, A selling point.
Ever heard of the tech giants selling your online behavior data for big money? Do you ever get anything out of it? If no, here is your chance
Summary: Partner with an oracle to sell buyer behavior data on the platform and distribute the income amongst SPI holders
Details:
- Setup a partnership with an Oracle - API3, Chainlink etc
- Store and share data at a rolled up (never individual) level with the oracle provider. The following are examples Facts: Dollar sales, number of orders, crypto spent Dimensions: Sales category, crypto used, shipping region or zip, SPI holding (for market segment sense) or VIP vs non VIP, other parameters
- Share data with Oracle at a preset price and have third party pay in tokens
- Convert tokens to SPI and distribute amongst stakers Note: while ideal to distribute 100% after transaction costs, one consideration is to allow putting 10 to 20% back into business for things like exchange listing, celebrity marketing
Off-Chain Vote
Sell the data - Make SPI holders a "real" part of the business model and significantly increase its value
2.23K 60.5%
Don't sell the data - Keep SPI's utility limited to a discount token and other airdrops
1.45K 39.5%
Timeline
Apr 10, 2021Proposal created
Apr 11, 2021Proposal vote started
Apr 23, 2021Proposal vote ended
Oct 26, 2023Proposal updated