FRIDAY

Are you a superfan? or a sneakerhead? or really into a niche topic? You probably are, and your online history shows it. But do you own that data, or do Elon & Zuck play around with it without sharing the upside with you? We're here to fix this with FRIDAY👇

@huerhodes Of course it works! C'mon man, don't embarrass us in front of twitter.

How much more valuable do you think this data is when it is combined? Then further enriched, for the next generation of commerce? You -- and only you -- have the right to do this. FRIDAY helps you to do it, and ensures that you remain in complete control at all times.

For just the six ad-driven platforms on this chart combined, the total present market value derived from personal data is $654.27 per user. * The total revenue they derive from personal data is $109.65 per user per year. * * as of June 2023

What is the most valuable data in the world? a thread 🧵... Let's start by looking at the 6 most valuable companies in the world: 1. Apple ($2.96T) 2. Microsoft ($2.77T) 3. Google ($1.72T) 4. Amazon ($1.49T) 5. NVIDIA ($1.23T) 6. Facebook/Meta ($866B)

As a mobile consumer app designed for the mass market, FRIDAY leverages OS biometric security and relies on the Solana mobile stack and the network’s sub-second confirmations to deliver the performance required for that consumer feel. Secure, low latency, high throughput. #Solana

Since our NFTs require “proof of data”, the FRIDAY wallet serves as a sybil-resistant proof of humanity. But humanity is also how you express yourself -- you can claim exclusive access to your favorite creators, athletes, and entertainers, based on who you authentically are.

Crypto is a nearly 100 vol asset class, with correlations that frequently converge to 1. Introducing RWA-backed tokens into portfolios creates superior risk-adjusted return profiles. The value of data, for instance, is primarily correlated to overall economic cycles.

A core problem of web3 is the problem of collateral, as in there is hardly any good collateral. Same problem as the legacy financial system. Not all data can be collateral in a pure sense. But it can bring unquestionable real world value into web3, and help build stability.

And as a digital asset, it has special properties; it's: *natively* secure, *exponential* in nature (not linear like physical), non-rival, global, and moves (and settles) at internet speed. end of 🧵.

Data offers the best of both worlds. As much a real world asset as any, it's already valuable "in the real world". It requires no convincing, and can allow that real value to flow into web3. And like all RWAs, it's similarly resistant to inflation...

If you like real-world assets (RWA) for web3, then you should *love* models to bring data to web3. Why? ... 🧵 #RWA #web3 #stablecoins

Happy Diwali 🪔