PREDIQT: A Consumer Data Asset Trading Platform

What is PREDIQT

Friends, imagine that every day we use our phones, shop online, and browse social media—these activities generate a huge amount of data. This data is extremely valuable to many companies, such as market research firms or brands, who want to know what we like and how we consume. But usually, this data is collected by big corporations, and we, as the “producers” of the data, rarely benefit from it.

PREDIQT (project abbreviation PQT) is a project aimed at changing this situation. It’s like a “data bank” or “data marketplace” that allows ordinary consumers to turn their own data into a valuable “asset” for trading. Simply put, PREDIQT provides a platform where users can participate in market research and other activities, share their consumption data and behavioral insights, and receive PQT tokens as rewards. These PQT tokens can be held, or exchanged for fiat currency, gift cards, or other cryptocurrencies.

Its target users are ordinary consumers like us, especially those who may not have bank accounts (unbanked consumers), enabling them to earn economic benefits from their data. For businesses, PREDIQT offers a channel to obtain high-quality, real consumer data, helping them better understand the market and customers.

Project Vision and Value Proposition

PREDIQT’s vision is to create a fair consumer data marketplace, returning data ownership and value to consumers. The core problem it aims to solve is: in the traditional model, the value of consumer data is underestimated or even acquired for free, while the consumers themselves cannot benefit from it.

PREDIQT’s value proposition includes:

• Empowering consumers: Allowing consumers to control their own data and receive fair compensation for sharing it, turning data into a personal asset.
• Providing real insights: Supplying market research companies and brands with high-quality, depersonalized, aggregated mobile behavioral data to help them gain more accurate consumer insights.
• Promoting fair data transactions: Establishing a transparent and efficient data trading platform that connects data demanders and providers.

Compared to similar projects, PREDIQT emphasizes that its platform can reach over 50 million consumers worldwide and has clients including globally renowned companies such as Nielsen and Ipsos.

Technical Features

PREDIQT’s technical core lies in its data collection, processing, and trading mechanisms. Although there is currently no detailed whitepaper explaining its underlying blockchain architecture, we can glean some key points from available information:

• Mobile app data tracking: PREDIQT operates through a downloadable mobile application. After users opt in, the app runs seamlessly in the background, tracking users’ mobile behavioral data.
• Data depersonalization and aggregation: Collected data is sent to PREDIQT’s servers for depersonalization, aggregation, and analysis, protecting user privacy and generating valuable insights.
• API and SDK integration: PREDIQT provides SDKs (software development kits) and APIs (application programming interfaces), allowing market research platforms to integrate its technology into existing systems to enhance customer views.
• PQT token: The PQT token is the “currency” of this data marketplace, used to reward consumers.

Currently, there is little detailed information on how PREDIQT specifically utilizes blockchain technology to ensure data ownership, privacy, and transaction transparency. It is mainly described as a platform that uses PQT tokens to facilitate consumer data value exchange.

Tokenomics

The token of the PREDIQT project is PQT, a utility token, meaning it has specific uses and functions within the PREDIQT ecosystem.

• Token symbol: PQT
• Main use: PQT tokens are primarily used to compensate users who provide consumer data by participating in market research and other activities. Users can earn PQT by sharing data.
• Circulation and trading: PQT tokens obtained can be held or exchanged for fiat currency, gift cards, or other cryptocurrencies on exchanges that support PQT trading (such as Beldex and Latoken).
• Total supply and circulation: There is some inconsistency regarding the total and circulating supply of PQT. Some sources indicate a maximum supply of 500 billion PQT. On CoinMarketCap, the project team previously reported a circulating supply of 1.62 billion, but the CoinMarketCap team stated that the circulating supply has not been verified and shows a self-reported circulating supply of 0 PQT. Given these inconsistencies, investors are advised to independently verify the latest, validated token data before making any decisions.

Important Note: Tokenomics is central to project operations, but the cryptocurrency market is highly volatile, and token prices are affected by many factors, including market sentiment, project development, macroeconomics, etc. The above information does not constitute investment advice.

Team, Governance, and Funding

The PREDIQT team is composed of experienced professionals. According to available information, PREDIQT was founded by Henry Chan, who has over 25 years of experience investing in and founding software technology companies. Team members are senior executives with more than 20 years of experience in mobile technology, enterprise software development, consumer research, and finance.

Regarding the project’s specific governance mechanisms (e.g., whether it adopts a decentralized autonomous organization DAO model) and funding (such as treasury size, fund usage plans, etc.), there is no clear mention in public information. In a relatively centralized company structure, governance is usually handled by the core team and board of directors.

Roadmap

Currently, there is little publicly available information on the specific roadmap for PREDIQT (PQT) as a consumer data marketplace. We have not found a clear timeline listing its historical milestones and future plans.

Typically, a project’s roadmap details its product development stages, feature releases, market expansion plans, technical upgrades, etc. The lack of a public roadmap may make it difficult for the community and potential users to understand the project’s future direction and progress. It is recommended to follow PREDIQT’s official channels for the latest project updates and plans.

Common Risk Reminders

Investing in any cryptocurrency project carries risks, and PREDIQT is no exception. Here are some common risk reminders:

• Technical and security risks: Any software system may have vulnerabilities. Security flaws in data collection, storage, and processing could lead to user data leaks. Additionally, blockchain technology itself faces smart contract risks, network attack risks, etc.
• Economic risks: The price of PQT tokens may be affected by market supply and demand, overall cryptocurrency market volatility, project development status, competitor performance, and other factors, with the possibility of significant fluctuations. Inconsistencies in token circulation information also add uncertainty.
• Compliance and operational risks: Data privacy and protection regulations are becoming increasingly strict worldwide. As a data platform, PREDIQT needs to continuously comply with data regulations in various countries. Operational risks also include team execution, market acceptance, competitive pressure, etc.
• Information transparency risk: The lack of a detailed whitepaper and public roadmap may result in investors lacking a comprehensive understanding of the project, increasing uncertainty in investment decisions.

Please note: The above risk reminders are not exhaustive. Cryptocurrency investment is highly risky, and you may lose your entire investment. Before making any investment decisions, be sure to conduct thorough independent research (DYOR) and consult a professional financial advisor.

Verification Checklist

For any blockchain project, here are some recommended verification checklist items to help you better understand PREDIQT:

• Block explorer contract address: Find out which blockchain PQT tokens are issued on and obtain its contract address. Through block explorers (such as Etherscan, BSCScan, etc.), you can view the total token supply, holder distribution, transaction records, etc. Current information shows PQT is traded on Beldex and Latoken exchanges, but its native chain is not clearly specified.
• GitHub activity: If the project is open source, check its GitHub repository for commit records, code update frequency, community contributions, etc., to assess development activity and transparency. No GitHub link for the PREDIQT (PQT) project has been found so far.
• Official website and social media: Visit PREDIQT’s official website (prediqt.com) and official social media (such as Twitter, Telegram, etc.) to learn about the latest announcements, community discussions, and project progress.
• Audit reports: Check whether the project has reports audited by third-party security agencies, which helps assess the security of smart contracts. No relevant audit report information has been found so far.
• Exchange information: Pay attention to PQT token trading volume, liquidity, and trading pairs on major exchanges.

Project Summary

The PREDIQT (PQT) project aims to build an innovative consumer data marketplace, incentivizing users to share data through PQT tokens, enabling consumers to benefit from their own data and providing valuable market insights to businesses. Its core concept is to return data value to individuals and offer a new source of income for the global “unbanked” population.

The project team has extensive industry experience and has already established partnerships with some globally renowned companies, reaching a large number of consumers. However, information on PREDIQT’s blockchain technical details, specific governance model, detailed roadmap, and some key data in tokenomics (such as accurate circulating supply) is currently limited and inconsistent.

As a blockchain research analyst, I objectively believe that PREDIQT’s vision and the problems it addresses are attractive, especially as data privacy and personal data value are increasingly in focus. However, insufficient information transparency, lack of a detailed technical whitepaper and clear roadmap, and inconsistencies in token data all add to the project’s uncertainty. For anyone interested in PREDIQT, I strongly recommend conducting thorough independent research, reviewing all available official materials, and fully understanding the risks before considering participation. This is not investment advice; please make decisions with caution.