How to make your Data a valuable asset?
Have you ever noticed that Netflix sends you suggestions of movies and shows with such an accuracy that you end up binge-watching them in the coming weekend? Well, the recommendation system is so accurate that it influences 80% of the content streamed on Netflix. Now just imagine how Netflix sends personalized suggestions to a swarming number of over 100 million subscribers.
Have you ever noticed that as soon as you search for sports shoes on google, you see pop-ups of various shoe brands on your Instagram, Facebook, and other social media platforms? Or have you wondered why McDonald’s McAloo Tikki is the most sold burger in India, or how a company finds inspiration to launch a new product?
One word answer to these questions is — DATA. Data is the most powerful tool that progressive companies use to improve their customer services, refine their marketing strategy, and increase their revenue.
But there is one thing that’s more powerful than data, and that is YOU, the data provider. However, unfortunately, due to a lack of knowledge and guidance, people fail to monetize their data. As a result, companies bathe in millions of dollars from your data and you, on the other hand, get nothing.
Not anymore! EQ8 Network brings an opportunity for data providers to reward themselves for the data they provide- Big or Small. So, no more brokerage of data without your authorization.
A guide on how to Monetize your data on EQ8 Network:
EQ8 Network is a unique platform that uses blockchain technology to store data in digital blocks, and no data broker can alter or steal your data. So, if you are sceptical of providing your data due to the fear of getting misused, there is no safer place than EQ8 Network.
Entire ownership is given to the person who owns the data, and nobody else can have access to it without the owner’s permission.
Step 1: Build a profile easy as it can get! To be eligible for participating in a plethora of surveys, advertisements, polls, and assessments on EQ8 Network and start earning rewards, all you have to do is — download & create a profile in the EQ8 Network app.
Level Up on EQ8 Network
Just like Asphalt racing games or Candy Crush, you get a chance to level up and earn more rewards. The only difference is that on EQ8 Network, rewards have a real value that will add weight to your pocket, and also, it’s easier to Level-up without any challenges.
There are several levels of verification on the EQ8 Network related to your interests, hobbies, entertainment preferences, music taste, and many more. The more you provide your data and level up on EQ8 Network, the more rewards in the form of EQ8 tokens will fall into your basket. Another benefit of levelling up the verification process is that you will be eligible to participate in more activities on EQ8 Network based on the data provided. Hence, more opportunities to earn rewards.
Step 2: Fill in the information
After building your basic profile, you are eligible to fill the market research queries in the form of surveys, polls, advertisements, etc., for various companies.
Step 3: Earn Rewards
Finally, once you have filled in the data, you will be rewarded with EQ8 tokens with these three simple steps.