On the previous overview we learnt about the PDATA project which ICO is conducting now.
Choosing a project that is good for investments, everyone use their own reference points, such as:
- Uniqueness and usefulness of the idea
- Availability of competitors and advantages over them
- A team, its professionalism and fame
- Business communications and partnership agreements
- Available MVP and finished work product
- Already existing support of investors
- Ratings of the project on independent valuation platforms.
Whether invest to PDATA or not – is up to you, in this article I only want to systematize the initial data to simplify the adoption of a decision. The basis of any successful project is relevance of the idea, the potential of its realization. There are hundreds of failed projects which had an empty, useless or trivial idea. PDATA is going to create a modern, independent and decentralized market of personal data and it is obviously popular and relevant. Thousands of companies now overpay large amounts of money to brokers to get the consumer data. Besides, when paying millions of dollars in total, a company doesn’t have any guarantees of provided data authenticity. «Collectors» of the information are usually interested only in maximally profitable realization of the information they get, they are not interested in authenticity and relevance of the data.
Thus, purchasing the information, companies can’t always rely on its quality. And running business with irrelevant data can lead to sad consequences.
Without the brokers we receive a direct chain «company – consumer». The consumer does not have any motives to provide irrelevant or distorted information, because they are financially motivated to provide full and reliable data. Decentralized data market is the near future, that will bring benefit each side of the data market.
It is also important to mention that PDATA goes to the ICO not with empty promises and road map, but with the completed working platform – Opiria. Moreover, this platform is already in demand and is supported by major players, such as Mercedes-Benz, Volkswagen, General Motors, Nissan, Intel and many others. Who of competing projects can boast such popularity of the completed platform and consumer base? From my point of view, there are not such competitors. And implementation of the blockchain technology to the platform will provide transparency and maximum security, which will attract more customers, both major and minor.
The project team consists of highly qualified specialists in IT, blockchain, marketing, business strategies. The team is strengthened with numerous advisors, and among them is difficult to skip the member of the European Parliament Daciana Octavia Sarbu, the founder and CEO of Blockchain Lab Ismail Malik and many others equally important figures. The team itself and support to it are powerful and there are no doubts that their professionalism and experience will be enough to realize all the goals.
Not surprisingly that already finished working platform, developed customer base and professional team found the support from both large and small investors. The best indicator of qualitative and well-designed project is already existing investments. All information about fees for ICO is on the public domain, the team has nothing to hide and it can boast that more than $12 million dollars have already been collected. If we consider that we are in a falling market now and investments sentiments are far from high, the support of investors for this project is really impressive. Investors are confident in the success of both the project and their investments.
As for the ratings of the project, they are mostly close to the top. In conclusion, it should be said that the project looks serious and detailed. I think it is obvious, that Opiria & PDATA are attractive for investments. Anyway, before you make a decision, you have to study personally technical documentation, the official web-site of the company, expert assessments, and only after this you should make a decision, based on your own research. I hope this systematize information will be of use to you!