The Insights Network is a blockchain based data exchange that allows individuals to manage and monetize the data they create in a liquid, real time data marketplace. This marketplace exists on top of the Insights Network protocol built on top of the EOS blockchain and is fueled by our “INSTAR” token.
Users securely own, manage, and monetize their data with the Insights Wallet. Data Brokerage corporations are generating $200 Billion a year in revenue. The Insights Network will transfer that wealth from corporation to consumer over the next ten years.
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About Insights Network
MISSION – To create a trustless decentralized market research network.
Insights is building a decentralized network for the storage of sensitive consumer data accompanied by a platform for organizations to conduct marketing research. Organizations will be able to use the platform to place requests for data on precisely defined target populations existing in the Insights Network.
The Insights Network is a platform that facilitates transactions between two distinct groups: requesters and providers. Requesters need information from Providers and are willing to pay for it. Our token ecosystem will be driven with INS. INS will be used to pay for data requests from Requesters and to reward Providers. Holders of Insights tokens will be able to place data requests or sell them to people who want to.
INS tokens minted as incentives for early adopters will fuel the migration of existing consumer data into the platform where it becomes under the control and ownership of the consumer. For example, releasing one token for every ten data points a consumer inputs that is successfully validated by our Secure Multi Party Computation partners will drive 900 million accurate consumer data points into the network. This provides a data buffet for the existing $200 billion/year Data Brokerage industry to tap into.
