In the IZE ecosystem, the Data Provision step is where users actively contribute their personal or behavioral data to earn IZE tokens. This stage is critical because it fuels the entire ecosystem with raw data that can be refined into valuable insights.
Suppose a user participates in a detailed lifestyle survey on the IZE platform, providing information about their daily activities, preferences, and consumer habits. By contributing this data, the user earns IZE tokens, which can later be used within the ecosystem. The data collected isn't limited to surveys; it can also come from interactions within games, social platforms, or etc, all integrated within the IZEverse. Each interaction not only contributes to a more personalized user experience but also translates into IZE token rewards, which incentivize further participation and data sharing.
During the Data Request phase, entities such as businesses, researchers, or marketers purchase access to the aggregated and anonymized data gathered from the user base. This phase is driven by the demand for high-quality, actionable insights that these entities can use to inform business strategies, marketing campaigns, or research projects.
A healthcare company might be interested in developing a new wellness app tailored for young professionals. To gather relevant data, they access the IZE platform and use IZE tokens to purchase aggregated health and lifestyle data collected from the targeted demographic. This data helps the company to understand the health habits, preferences, and needs of young professionals, enabling them to design a more effective product. The purchase of this data with IZE tokens ensures a fair compensation system for the data providers and sustains the economic loop within the ecosystem.
The final stage, Data Valuation, involves the use of IZE tokens within the ecosystem to access services, products, or even exchange for other forms of value. This stage highlights the real-world utility of the tokens, facilitating a robust market where tokens have multiple uses beyond just transactions within the platform.
After earning IZE tokens from participating in various data provision activities, a user decides to use these tokens to enroll in an exclusive online course offered through the IZE platform. This course, perhaps offered by a renowned expert in digital marketing, is accessible only via IZE tokens. Additionally, the user can spend tokens to purchase custom NFTs that represent unique digital assets or experiences within the IZEverse. They could also use the tokens to access premium features within the platform or to purchase physical goods through a partnered e-commerce site that accepts IZE tokens.
Tokens | Supply % | |
---|---|---|
Total supply | 10,000,000,000 | 100 % |
Pre-sale | 4,000,000,000 | 40 % |
Ecosystem | 1,000,000,000 | 10 % |
Operation & Development | 1,000,000,000 | 10 % |
Marketing | 1,000,000,000 | 10 % |
Team | 1,000,000,000 | 10 % |
Partnership | 1,500,000,000 | 15 % |
Advisors | 500,000,000 | 5 % |