ETGREDA

ETGREDA is a tokenized data marketplace made with Web 4.0 technology. ETGREDA gives everyone the economic value of their data, solves the copyright issues of AI modules & reduces the CO2 emission of data selling processes by %40.

Efe Gorkem CEK
Erasmus University Rotterdam
International Business Administration

Over het initiatief / About the initiative

ETGREDA

In welke fase zit jouw initiatief? / In what stage is your initiative?

Uitgewerkt conceptfase

Heb je jouw initiatief al gevalideerd? / Did you validate your initiative?

Yes, by communicating with various data owners, data buyers and with extensive market research.

Meer informatie over jouw initiatief / More info about your initiative

ETGREDA is a marketplace dedicated to offering fully verifiable tokenized data. Recognizing that data is the new gold of our age, we see that all AI modules and businesses across various sectors rely on high-quality data to drive improvements and innovations. On ETGREDA, data owners can effortlessly monetize their data to AI modules or businesses by uploading it on our Web 4.0 powered platform. Which results in a win-win situation for both data buyers and data owners.

The core advantage of ETGREDA lies in the assurance that acquiring data through our marketplace ensures the verifiability and the compliance with copyright regulations, enabling its use in AI modules without legal repercussions. This compliance is increasingly critical due to tightening regulations around AI. Furthermore, businesses can also leverage any niche & reliable data from ETGREDA to enhance their operations and projects across numerous areas extremely efficiently. Moreover, data owners will benefit directly from ETGREDA by receiving compensation for the use of their uploaded data.

To top it off, the use of Web 4.0 and tokenization technologies in ETGREDA reduces CO2 emissions by 40-60% compared to any other alternatives for buying data. Our processes are also more secure, verifiable, and transparent due to the integration of blockchain technology in Web 4.0. This not only fosters sustainability but also enhances trust and reliability in data transactions.

Wat is er anders/nieuw aan jouw idee/oplossing t.o.v. bestaande oplossingen? / What is different/new about your idea/solution compared to existing solutions??

ETGREDA enables all types of data owners to monetize their data, unlike current leading competitors like Datarade.ai which only cater to database firms. Our approach reduces unused data and enhances transparency and ethics in the global data market. Furthermore, ETGREDA distinguishes itself by leveraging Web 4.0 technologies, setting it apart from all competitors who are currently utilizing Web 3.0. This strategic choice positions ETGREDA as a pioneer in the Web 4.0 domain, while significantly enhancing sustainability and providing access to extensive amounts of verifiable data. Moreover, ETGREDA specializes in the complex copyright issues associated with AI modules, a largely unregulated legal gray area that demands immediate and effective solutions. This focus not only underscores our commitment to innovation but also enhances our capability to meet emerging challenges in the digital landscape.

Wat zijn jouw volgende stappen om het verder te ontwikkelen? / What are your next steps to develop the initiative?

Getting the Minimal Viable Product (MVP) ready is our initial focus, aiming to develop a product with essential features to attract early adopters and validate our business concept. Following this, our objective is to raise substantial investment to transition from the MVP to a fully developed product, pitching to investors with our business model and market potential. Once funded, we will enhance the product based on user feedback , expanding features and improving usability. Our focus will then shift to marketing and continuously expanding our database , employing a dynamic marketing strategy and leveraging data to refine our offerings and increase market penetration, ultimately driving sustained growth and success.

Wat heb je nodig om (nog meer) impact te maken met dit initiatief? / What do you need to make (more) impact with this initiative?

ETGREDA is currently advancing through the developmental stage, innovating within the Web 4.0 ecosystem. Our immediate focus is on finalizing the Minimal Viable Product (MVP) to facilitate a robust fundraising campaign aimed at securing substantial investments . These funds are crucial for completing our final product and expanding our database , which will enable us to value user data effectively, address AI copyright complexities, and promote sustainable data practices . As pioneers in the use of Web 4.0, ETGREDA is committed to enhancing technological frameworks by setting new standards for the ethical and sustainable use of digital information.