Big Data Protocol

BDP is the governance token for the Big Data Protocol. Big Data Protocol powers a liquid marketplace for commercially valuable data.

Big Data Protocol tokenizes commercially valuable data through a network of 14,141 professional data providers and makes the data token liquid on Uniswap. Users earn data by providing liquidity to data tokens.

The Protocol sources commercially valuable data, tokenizes it, and makes it liquid.

1. Source data from professional data providers

The Protocol enjoys access to 14,141 professional data providers.

2. Tokenize the data

The Protocol mints data tokens called bALPHA for the first collection of curated datasets. There are only 18000 bALPHA tokens.

3. Users farm the data token in the Data Vaults

Users earn the data token by providing liquidity in Uniswap to bALPHA and to BDP, the access token for the Protocol.

4. Users redeem data token for datasets in the Data Room

Burn 1 bALPHA to access the underlying datasets.

BDP is burned to access the Protocol and to pay for fees for dataset submissions by data providers, providing curation services by curators, and the data marketplace. Hodlers must hold a certain number of BDP to unlock features and benefits, including access to exclusive datasets and airdrops of data tokens. See our Medium article on Introducing BDP’s Liquidity Mining Program and Token Metrics.

1. Go to the Data Vault .

2. Choose a seed pool and stake one or more assets. No impermanence loss since this is single-asset staking.

ALL of the circulating supply for the first 2 months will be distributed among 12 seed pools over the course of 6 days.

1. Go to the Data Vault’s Liquidity Pools.

2. Provide liquidity on Uniswap to either BDP/ETH or bALPHA/ETH to earn bALPHA.

18000 bALPHA, representing 100% of the total supply, will be distributed among the two liquidity pools over 3 months.