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HomeCOINSWhat Is Data Economy Index (DATA)? Complete Guide Review...

What Is Data Economy Index (DATA)? Complete Guide Review About Data Economy Index.

What Is Data Economy Index (DATA)?

Data Economy Index enables a new data economy. The Web3 Data Economy Index is an ecosystem of data-centric protocols and applications disrupting the data monopolies built in Big Tech. DATA provides exposure to the growth of the Web3 data economy in a single token. Information is for educational and illustrative purposes only. The Index Cooperative is not engaged in the business of the offer, sale or trading of securities and does not provide legal, tax, or investment advice. Cryptocurrencies and other digital assets are speculative and involve a substantial degree of risk, including the risk of complete loss.

There can be no assurance that any cryptocurrency, token, coin, or other crypto asset will be viable, liquid, or solvent.No Index Cooperative communication is intended to imply that any digital assets are low-risk or risk-free. Data Economy Index Index Cooperative works hard to provide accurate information on this website, but cannot guarantee all content is correct, complete, or updated.

Data Economy Index Storage Key Points

Coin BasicInformation
Coin NameData Economy Index
Short NameDATA
Circulating SupplyN/A
Total SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Organic Network Activity or Usage

Protocol must have organic network activity or usage. Data Economy Index On-chain transaction volume, Total Value Locked (TVL), and/or revenue paid to service providers are all examples of metrics that can be used to demonstrate organic network activity.

Market Capitalization 

Circulating market capitalization must be over $100m. Decentralized Exchange (DEX) Liquidity: Protocol token must have sufficient DEX liquidity to support inclusion. If a token has insufficient liquidity, it will be removed from the index during the determination phase.

History 

Data Economy Index Protocol must have at least 3 months history of operation and its token must have at least 3 months of price and liquidity history.

Security 

Data Economy Index independent security audit should have been performed on the protocol and results reviewed by the product methodological. In the case that no audit has been performed, the methodological applies subjective judgement of the protocol based on assessment of the criteria above and communications with the team.

What is the Index Coop?

Data Economy Index a community of finance professionals, engineers, DeFi experts, meme-makers, content marketers and crypto enthusiasts focused on making crypto investing simple. Together they launch, grow, and maintain the most trustworthy crypto indices on the market.

Key Partners

A partnership of three key entities is pivotal to what they do at the Index Coop. These are:

  • Index Coop Community – A network, of finance professionals, engineers, DeFi experts, content marketers, designers and crypto enthusiasts.
  • DeFi Pulse – The Bloomberg of decentralized finance. Data Economy Index Pulse is the leading site for the latest analytics and rankings of DeFi protocols and serves as the methodologist behind your flagship product, DPI.
  • Set Labs – Battle tested team of engineers responsible for the set protocol, crypto largest actively managed funds. Set Labs’s V2 infrastructure underpins your method for creating and rebalancing our Index products. The maturity and experience of the Set team has been a critical enabler behind Index Coops rapid growth.

Index Token

The Index Token is your governance token and used to vote on the proposals at the Index Coop. These proposals can cover almost anything, including which products they launch and which Working Groups to fund. Data Economy Index It is also used to reward contributors and partners. There is a max supply of 10 million Index tokens which will be distributed as follows. They want to collaborate with industry experts and thought leaders in the space to develop the best index products on the market.

Business

  • Shared GoalsData Economy Index aim to create a wide range of suitable indices by leveraging a diverse and knowledgeable community, for the benefit of both users, and the wider digital asset space. They believe in constructive contribution and working alongside others to achieve success together.
  • Innovation – Index Coop began as an idea to collectively create and manage digital asset indices and this aim to lead the development of future products that continue to advance the space.
  • PerformanceData Economy Index goal is to offer index products that represent simplicity and peace of mind. Indices are designed to help minimize fees and hassle, while maximizing the breadth of choice for digital asset holders.
  • Data Driven, Community Governed – It is important that your decisions are driven by the wealth of market data available within DeFi. Combining the depth of this data with a passionate community they can make informed decisions quickly with a chance for everyone to contribute. This is a powerful strategy that will help Index Coop remain competitive in a fast-moving sector.
Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .