Question 1

How much does Owndata (OWN) cost today?

Accepted Answer

As of now, the price of Owndata (OWN) is XRP 0.00000036, which increased in the last 24 hours. The trading volume over this period was 0.1.

Question 2

What is Owndata (OWN)?

Accepted Answer

Owndata (OWN) is a blockchain-based data exchange platform that enables data sellers and buyers to earn money through the exchange of their information. Users of the platform share their data and receive tokens as a reward. Owndata uses sophisticated tools to facilitate data management and sharing with target platforms or user bases. It serves as a marketplace for a wide range of parties, including content owners, website owners and editors, application developers, advertisers, publishers, data suppliers, data exchanges, ad networks, DSPs, DMPs, and more.

Question 3

Who created Owndata (OWN)?

Accepted Answer

While specific creator information for the Owndata platform is not readily available, it is a product of various software developers, data scientists, and blockchain experts who have come together to create a platform that enables the collection, segmentation, and tokenization of data for exchange.

Question 4

How does the Owndata system operate?

Accepted Answer

The Owndata system operates through three main phases: 1. **Data Collection:** Here, site owners/editors sign up and register their websites on the OwnData Blockchain Platform. A unique pixel code (cookie) is produced for each website, enabling the collection of visitor data. 2. **Segmentation & Profiling of Data:** The platform offers a user-friendly interface that allows users to flexibly segment and profile the collected visitor data. It even supports the integration of users' unique algorithms for a more in-depth profiling and retargeting. 3. **Data Exchange:** Once the data has been segmented, it is automatically tokenized and made available for sale to buyers on the OwnData exchange platform.

Question 5

What makes Owndata stand out?

Accepted Answer

Owndata stands out due to its unique approach of rewarding individuals for the data they produce. Its platform allows for practical and efficient data collection, segmentation, and profiling. Additionally, the innovative model of tokenization provides an incentive to share data, which can be exchanged for profit in a secure and transparent manner.

Question 6

Which types of advertisements does Owndata support?

Accepted Answer

Owndata supports a variety of advertisement types: 1. **Digital Advertisements:** These include promotional messages and ads delivered via email, social media websites, online ads on search engines, banner ads on mobile apps or websites, and affiliates programs. 2. **TV Ads:** TV ads have the advantage of sight, sound, and color, making them particularly useful for product demonstrations or services. 3. **Print Ads:** Any advertisement printed on paper, including newspapers, magazines, newsletters, booklets, flyers, and direct mail, falls under the banner of print advertising. Owndata has plans to expand its data exchange to other platforms in the future, such as telecommunications, textiles, medical, and more.

Question 7

Where can Owndata (OWN) be purchased?

Accepted Answer

Owndata (OWN) can be purchased on the following exchanges: CREX24. As always, it is recommended to use a reputable platform and to exercise safety measures when dealing with cryptocurrencies.

Question 8

How much Owndata (OWN) is in circulation?

Accepted Answer

The current circulating supply of Owndata (OWN) is 10.7B. It's important to note that this number can often change due to the token economics of the Owndata network.

Question 9

What is the market cap of Owndata (OWN)?

Accepted Answer

The current market capitalization of Owndata (OWN) is XRP 3.8K, making it rank #3803 in the list of cryptocurrencies by market cap. The market cap of a cryptocurrency is a simple way to gauge its popularity and market value.

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