We are thrilled to announce the launch of our decentralized personal data protocol and TAP token, designed to break the cycle of data exploitation. With TAP, users can take control of their digital identity, mint NFTs (Non-Fungible Tokens) representing Blockchain Verified Consent, and license this data for use across the web. In return, they can receive value in the form of ERC20 tokens from organizations.
Over time, Web2 has evolved into a centralized environment where user data is often misused. Many individuals unknowingly agree to terms that compromise their privacy and security when signing up for online services, leading to significant personal and systemic risks.
Tapmydata: A Game-Changer for Digital Identity
Tapmydata offers a comprehensive solution to this issue by leveraging a robust framework of tools, ledgers, and decentralized protocols. This platform enables users to:
- Seamlessly reclaim their digital identity.
- Transform verified elements of consent into unique NFTs.
- Establish a transparent and fair data-sharing model, allowing legitimate parties to exchange data and value effectively.
“The flexible design and permissionless structure of the Balancer protocol enables teams like TAP to imagine and develop new use cases that bring valuable new financial products and service offerings to market.”
– Jeremy Musighi, Head of Growth, Balancer
Why Balancer?
Balancer is an innovative DeFi platform that simplifies cryptocurrency trading. It allows users to provide liquidity to Balancer Pools by depositing assets, earning trading fees, and receiving BAL tokens as rewards.
“We have been hugely impressed with the pace of development at Balancer. They lead the industry in creating mechanisms for liquidity events and price discovery, which are crucial for the long-term success of token projects like TAP. When selecting a platform for our token event, Balancer was the clear choice.”
– Gilbert Hill, CEO, Tapmydata
How to Participate in the Token Sale
To join the TAP token sale:
- Download the Tapmydata app from your preferred app store.
- Complete the KYC/AML process as prompted in the app. Participation in the token sale is only possible after completing these steps.
The integration with Balancer ensures a smooth and secure KYC/AML process for Liquidity Pool participants.
Token Sale Timeline
The TAP public sale will start on December 14, 2020, and run for two weeks, ending on December 28, 2020. Stay updated on further announcements by joining the official Tapmydata Telegram channel.
This is your opportunity to join the revolution and take control of your data.