Itheum
MY Web3 Data Platform for the Metaverse
We empower 8 billion people all over the globe with the ability to trade and own their data. Itheum is the first decentralized, cross-chain data brokerage platform. Web2 apps that provide high-value, structured personal data and insights. Our suite of tools that use blockchain technology to seamlessly bridge high-value data to web3 is possible. Our innovative peer-to-peer technology allows you to take control of your data and make it available for trading. Access high-value data and insights through secondary and primary data markets. Our flexible data collection and analytics technology allows you to create highly customizable, personal data-powered applications. This cross-chain, free personal data marketplace allows for the safe trading of highly valuable personal data. You can trade multiple copies (potentially unlimited) of your data with people all over the globe.
Itheum wants to change this current toxic model for personal data collection and exchange and level the playing field — where the commercial enterprise and “you” (the Data Creator) equally benefit from the trade of personal data.
Itheum empowers data ownership in the metaverse and brings new market value to your data. It enables this by providing “decentralized data brokerage” technology. It’s a suite of tools that enables high-value data to be bridged from web2 to web3 and then be traded via peer-to-peer sales. It allows for “viral adoption” via our creative NFMe ID (Non-Fungible Me ID) and Data NFT technology and our innovative Data Coalition DAOs (which bulk trade your data). It also aims to be fully privacy-preserving, regulation-friendly, and cross-chain; making it the most comprehensive core blockchain data infrastructure available in the market with use-cases in both the enterprise and consumer space.
It provides 3 fundamental products (that when used together) will flip the dynamic of personal data collection and exchange.
Our Core Products:
- Data Collection & Analytics Toolkit (Data CAT)
- Decentralized Data Exchange (Data DEX)
- Data Metaverse
Itheum is the world’s 1st decentralized, cross-chain data brokerage platform
- Build web2 apps that generate structured and high-value personal data and insights
- Seamlessly bridge high value data into web3 with our suite of blockchain-powered tools
- Take ownership of your data and trade it using our innovative peer-to-peer technology
- Discover and access high-value data and insights via primary and secondary data markets
Itheum Roadmap
- Data CAT and Data Adaptors (SDK to build and bridge high-value personal data from web2 into web3) went live
- Data DEX tech stack to enable peer-to-peer trade of data went live on testnets
- Data NFT technology that wraps access to personal data went live on testnets
- $ITHEUM utility token launched on Elrond
- Elrond integration for Data DEX and Data NFTs
- Gaming and Metaverse use-case integration (Guilds, players, scholars, NFT asset utilization data insight unlocking)
- NFMe ID Personal Data Avatar powered “Player Passports” development (player reputation, NFT utilization, and inter-game/guild movement tracking)
- NFMe ID Personal Data avatars deployed to testnet
- Multi-chain support
- Security audits
- Data DEX & Data NFT deployed to mainnet
- NFMe ID Personal Data Avatars deployed to Mainnet
- Data Metaverse “Greenroom” portal for the public to claim their NFMe ID avatars
- Enterprise data sharing use-case development
Overview
Itheum is the world’s first decentralized, cross-chain data brokerage platform. Itheum focus on unlocking data silos, created and closely guarded by Web2 organizations, to generate new value for the owners of this data. Itheum recognize that data is a highly tradable asset with immense worth for those who control it — in this sense, we aim to empower users by letting them regain control of their data to the users as we enter the Web3 and Metaverse era.
In Web2, data brokers and major corporations typically harvest, package, and sell user data on separate markets, meaning they leverage your information to influence and advertise to you while also generating immense profits in the process. Luckily, Itheum has a novel solution to change the pernicious behavior of these Web2 enterprises, finally enabling users to truly own and benefit from their respective data.
Itheum’s platform will enable users to enter their verifiable personal data into the Web3 world and Metaverse, where they will have greater control over how their information is used — as such, our decentralized personal data repository and data brokerage platform will enable multiple use cases within the blockchain space. Users on Itheum’s platform will be able to determine how their data is used in the DeFi (decentralized finance), social media, insurance, health, gaming, and Metaverse spaces, among others.
Unlike most projects in the crypto space in their development stages, Itheum is already a step ahead of the game with a working product that’s been tested by users. Itheum’s platform also has cross-chain compatibility, meaning it can be used across multiple blockchains and decentralized protocols.
Itheum token sale details:
- Token Name: Itheum (ITHEUM)
- Hard Cap: 2,000,000 USD
- Total Token Supply: 1,000,000,000 ITHEUM
- Initial Token Supply: 166,250,000 ITHEUM
- Total Tokens Allocated to Maiar Launchpad: 50,000,000 ITHEUM (5% of Total Token Supply)
- Public Sale Token Price: 1 ITHEUM ≈ $0.04
- Token Sale Format: Lottery
- Funding currency: EGLD
- EGLD/ITHEUM parity to be decided based on the EGLD USD spot price on 25 March
- Purchase lottery tickets: 26 March
- Lottery draw for winning tickets: 28 March
- Winners claim ITHEUM token: 28 March
- Max Number of Winning Lottery Tickets: 10,000
- Allocation Per Winning Ticket: $200 (5000 ITHEUM)
- Supported Currency: EGLD only
- Itheum (ITHEUM) will be issued on the Elrond Network blockchain as an ESDT asset
Why We Be Believe In Itheum
On our perpetual search for innovative projects for the future of web3 and DeFi, in Q3 of 2021, we came across Itheum, the first-ever metaverse data platform. We quickly realized the project’s unique vision of transforming user data into tradable assets that have the potential to redefine the $200 billion data market.
According to The Economist, data is the world’s most valuable commodity, even overtaking oil. It is at the very helm of internet-based companies and without it, web2 as we know it today, would not have existed. Data aids innovation, marketing, sales, business development and even design and with web3 around the corner, our dependence on data has grown exponentially.
While this is one side of the picture, the other side isn’t so pretty. The collection and use of personal data have been the source of some of the world’s largest controversies. Most of the data is collected without the consent of the users it belongs to and stored in centralized servers that are prone to data breaches. Instances of users’ personal data being leaked have grown and are continuing at a fast rate. Even tech giants like Meta (Facebook) have been caught up in data leak scams and misuse which raises serious concerns about user privacy.
On one hand, our modern world cannot progress without data, and on the other, users’ concerns are valid — this has led to a catch-22 situation that is difficult to navigate. However, with a project like Itheum coming into the picture, users will not only have full control of their data but will also have the means to benefit from sharing it. Realizing the importance of a platform like this, we have invested $1.5 million in the growth and development of Itheum’s platform.
How Itheum Is Redefining Data Trading
The advent of blockchain technology opened the scope for fully-fledged transparency in all major world industries. Itheum is a platform that uses this technology to its full potential to bring a paradigm shift in the way the data market operates. It is a decentralized data trading platform for web3 that brings users and businesses onto a level playing field where users are in control of their data and have the power to trade it with businesses of their choice.
The platform features a blockchain-based toolkit that ensures that all data collected by businesses is traced and accounted for. This allows data owners to keep a constant check on what data is collected and how it is used. Moreover, they can use Itheum’s Data DEX to secure sensitive personal information in vaults and trade it only with the businesses of their choice through peer-to-peer direct trades.
For businesses, Itheum has an analytics and data collection toolkit that can seamlessly be integrated into applications and programs to collect rich, real-time data with user consent. The analytics toolkit features one-of-a-kind anonymous analytics that provides businesses with a real picture of market trends and user behaviour patterns while protecting the data owners. It also allows businesses to bridge data from web2 to web3 to facilitate transparency and direct data trades.
Data NFTs are another innovative feature of the Itheum platform and they provide a way to tokenize user data on-chain using the NFT standard. This not only provides a way for users to permanently secure ownership of sensitive data but also for both businesses and data owners to earn via data sharing. These Data NFTs, just like other NFTs, are designed to generate value for their original owners every time they’re re-traded. They add a whole new dimension to data as a commodity and redefine the way it is collected and stored.
Itheum as a platform and its whole suite of tools can be integrated across different chains and are EVM and non-EVM compatible. A platform like Itheum is pivotal for the onset of the fourth industrial revolution and web3, both of which are driven by data. It circumvents data privacy problems in web2 and creates a scope for a future where data can consensually be collected and traded.
Our investment in Itheum is an effort directed exactly towards this goal. We aim to contribute to Itheum expanding its horizons and bringing in multichain functionalities and NFT-Metaverse applications for the future.
The Data Safe Haven
With the importance of data only growing by the day, the world has been long-awaiting a solution that can facilitate safe data transfers while allowing users to retain control of their information.
In this context, the launch of the Itheum comes as a boon to the $200 billion data market. Unleashing the full potential of blockchain, this platform is poised to bring unmatched levels of security and transparency between users and businesses and create a space for them to exchange data.
Itheum Price Summaries
Latest Data
Itheum’s price today is US$0.04485, with a 24-hour trading volume of $20,157. ITHEUM is +1.06% in the last 24 hours. It is currently -0.63% from its 7-day all-time high of $0.04513, and 3.39% from its 7-day all-time low of $0.04338. ITHEUM has a circulating supply of 348.95 M ITHEUM and a max supply of 1 B ITHEUM.
