Precautions
Precautions
These updates do not contain a list of all the things we are working on. Because we have to keep certain plans and details under wraps until we announce them publicly, the team is currently working non-stop 7 days a week;
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Project Progress
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Announcement: DeFi integration with OpenDAO - will use BDP as collateral for stablecoins
Meetings with 4 top market makers to discuss providing liquidity and trading listings
Start BDP Reviews - weekly updates to the community + answers to frequently asked questions
Released two introductory videos based on our existing technology and the upcoming Data Market
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technology
Meeting with Ocean team to continue integrating and forking Ocean Market to launch BDP's data marketplace (planned for April)
The final design of the BDP data market UI
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business development
Meetings with six data providers including two financial institutions
Announcement of Xena Exchange and Finage
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How will dataset providers be rewarded?
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Is it possible to mine more coins in the future?
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Will bALPHA be listed on the centralized exchange?
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Will the data of the Alpha Collection (Alpha Collection) be updated in real time or expanded in the future?
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Is there only one wallet with lifetime access to the dataset? What if it's hacked and unusable?
Only through one wallet. We do not have account registrations or passwords. A wallet is all it takes to access the Alpha collection. Users need to protect their wallet security.
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What is the reason why the seed pool failed to receive benefits?
Partners who have not yet claimed their $BDP rewards can do so now. For full details on the error, see the full incident report link below.
We have confirmed that this bug does not affect anything else in the protocol. It will not affect $bALPHA or the liquidity pool.
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https://twitter.com/bigdataprotocol/status/1371516917698150400
https://bigdataprotocol.com/BDP_IncidentReport.pdf
Is there any change in the total amount of BDP issued and the total amount of tokens?
The circulating supply of BDP is essentially unchanged, and ~$5.7M in BDP (>7% of the total supply) will be burned.
The circulating supply is still 24 million BDP. About 5.7 million BDP is locked in the contract and can never be released. We have about 5.8 million BDPs available to claim (since we have +20 bonus BDPs for about 5000 people, that's about 100,000 BDPs).
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What's next for Big Data Protocol? Will bBeta and bGamma tokens be issued? Or open up the functions of the Data Market (Data Market) and the Data Room (Data Room) first?
We have big plans. There are some details we cannot share at this time.
We are continuing the integration of DeFi and oracles. Collaborate with API3 and OpenDAO (launch stablecoin backed by BDP). Continue to add data providers, including Finage, Xena Exchange, and many others.
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Will BDP be listed on Binance/Huobi?
postscript
postscript
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Vercingetorix throws down his arms at the feet of Julius Caesar — 1899 painting by Lionel Royer
Article translated by Big Data Protocol partner Topoblock
Official website of TopoBlock:
Official website of TopoBlock:www.topoblock.com Twitter:@TopoBlock_vc
Medium: topoblock.medium.com
