😡Problem

The Challenge of the Information and Data Economy.

In our digital world, information, data, and engagement have become the new oil.

However, there's a crucial difference: while oil is sold by those who extract it, data and information are often extracted and sold without the consent or compensation of their true owners - the users.

Every second, we generate a vast amount of information as users, yet:

• We lack ownership or control.

• We're unaware of how they are collected, used, or sold.

• Despite the immense value generated, we don’t see any profit.

On the other hand, companies face their own challenges:

• They pay dearly for this low-quality information.

• They struggle to truly understand and engage their consumers.

• They face privacy challenges and increasing regulations, like GDPR and CCPA.

We're talking about a 3 TRILLION DOLLAR industry that largely profits at the expense of users. A few giant companies dominate and control this wealth, while most people, whose information fuels this economy, get nothing in return.

The Vision of a Better Future

Jaron Lanier, in "Who Owns the Future?", envisions a world where individuals are fairly compensated for their data. With the evolution of Web 3 and decentralized technologies, this dream is becoming a reality.

Cointimes is the Solution

Cointimes seeks to correct this imbalance, giving users control and compensation for their information and data, while providing companies with high-quality data collected in an ethical and transparent manner. It's time to redefine the data economy for a fairer and more balanced future.