Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Biotron.io Announcement - Transparent personal data analytics platform
by
Bolovich
on 22/03/2018, 21:50:33 UTC
You also get paid by selling your data with their tokens. I guess also to buy the data is the same story?

Why would an individual buy somebody's data? I think it works only one way, you sell your data, Bitron will collect it, analyze and sell it further to interested companies so they could use this analysis in order to improve their digital marketing campaigns.

I don't think there would be some obstacle for individuals to buy data but as you stated it would be meaningless and not expecting any individual go for it.

But if a company is interested in buying data from Biotron, will they be able to pay in fiat or do they have to pay Biotron tokens for the data?
I think it is logical that they should pay in Biotron tokens, thereby stimulating sales on exchanges and increasing interest in the coin.


Exactly, serving as payment method for data trades is the only purpose of Biotron tokens and it makes sense to exclude other currencies forcing customers to buy the tokens and thus increasing demand.
I can't imagine this working other way. It has to work with Biotron tokens this is why the were created.