Delve into the future of data monetization and its potential to shape a private-sector UBI with Snickerdoodle’s CEO, Jonathan Padilla.
Posted June 28, 2023 at 9:16 am EST.
Jonathan Padilla, the CEO of Snickerdoodle, engaged in a comprehensive discussion with Laura on Unchained Premium.
In the conversation, Padilla reflected on his entrance into the cryptocurrency world and the inception of Snickerdoodle. He underscored the inherent complexities of building a Web3 business with limited data resources.
The scarcity of customer data in web3 businesses is an obstacle to growth. @JPadillaCA, CEO of @yoSnickerdoodle, explains why having this data is pivotal for understanding customer behavior.
Watch the full interview: https://t.co/KRMm1qWNP3 pic.twitter.com/rAWB4bWV27
— Laura Shin (@laurashin) June 29, 2023
Snickerdoodle’s proposed solution is a unique data leasing strategy to confront a significant infrastructure problem within the Web3 landscape. Padilla also discussed Snickerdoodle’s choice to build relationships with key partners over a more conventional B2C approach. One of Snickerdoodle’s objectives is to allow individuals to monetize their data, hinting at the potential for a new type of private sector Universal Basic Income.
Alongside, Padilla addressed Snickerdoodle’s dedication to data privacy and efforts to safeguard against unauthorized data exposure. Finally, he shared his viewpoint on the perceived reluctance among US Senators to interact with cryptocurrencies.
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- Source: https://unchainedcrypto.com/is-your-personal-data-the-key-to-a-new-form-of-ubi/
