auth3_network

Auth3 is a privacy-preserved computing network into Web 3.0 that aims to unlock the value of data. Auth3 helps individuals and corporations discover, authenticate and exchange data values rather than data itself. Auth3 encapsulates data usage rights into data tokens by leveraging blockchain and Defi tools, which helps to incentivize and grow the data ecosystem.

Auth represents for Authenticity of data, which is the basis and premise of everything. Auth leverage cutting-edge technologies and powerful incentives to guarantee the authenticity and trust covering the data's life cycle, including data source, data storage, data analysis & computation, etc.

Connecting people and data

Participation

Data Operators can launch data projects in the Data Marketplace and mint relevant data tokens.

Liquidity Providers (LP) are catalyzed to stake tokens for liquidity. LP’s revenue comes from the transaction fee and network rewards (yield farming).

Data Providers are motivated to pick and join data projects by providing qualified dataset and get tokens as reward.

Datasets will be authenticated by the Auth Engine to ensure that they are from authentic sources and not tampered.

Data Consumers need to buy and pay tokens for usage of the specific data assets. The privacy and security are guaranteed by privacy-preserved computing technologies.

Token

AUTH3 token is the platform token of the Auth3 network used for governance, providing rewards, payment for exchange of the data assets and usage of resources in the network, etc. Besides, AUTH3 token can be pledged as the insurance for data quality and compliance when data operators issue data projects.

Data token is distinct for each data project and acts as a unique certificate for deriving dividends from the profits that the project made. The circulation and distribution rules for each project's data token are formulated by the initiator of the project and may be different, we only provide some basic design principles and guidelines for reference, as well as assistant tools.

Support

Auth3 is a network that links any entity who would like to exchange data values, including individuals and corporations. There is no significant difference between the them, they can both act as any role in the network.

Roadmap

2021 Q2 - Release Whitepaper

2021 Q4- Launch Alpha Testnet

2022 Q1 - Launch Mainnet 1.0

2022 Q2 - Continually grow data ecosystem

2022 Q4 - Richer marketplace tools (e.g., Automatic operator, Loans)