Case Study #2
Datapace happens to be a direct competitor with a similar business model. The most apparent difference is they have decided to go for a "decentralized application based on the blockchain
network with native token value".
As the words blockchain and decentralized might be trending these days, those technologies are too volatile to underline the value that the data sellers provide.
In Datapace whitepaper, 2017, it is described that their system would work through Cosmos hub. It's main purpose is to provide an common interface
between the apps TAS token and the rest of cryptocurrencies. They claim this architecture will influence the token's technology and raise it's value.
Yet, by looking at the TAS market data, we can very clearly see that the optimistic claims of that system not only have they not been met,
but also resulted in an -84.29% ROI.
It could be argued, that it was bad luck, and with better management this model would have succeeded, but Wibson is another such example.
Their coin information, WIB, is very limited but visibly shows the same trend as the one above. It is far from inspiring confidence.
Therefore, as we do believe in innovation in technology, we also think that we shouldn't gamble the success of a technology on real users. Specifically, when we want to preserve a trustworthy image.
As it was once said in business: "Revenue is Vanity, Profit is Sanity, Cash is Reality".