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Planet Ventures Inc. Announces Strategic Investment in Walter.Ai - a Decentralized, Blockchain-Based Protocol that Incentivizes Creating, Sharing and Maintaining Data Feeds by a Global Community Of Researchers and Analysts
(via TheNewswire) Vancouver, British Columbia / TheNewswire / December 27, 2017 - Planet...
About this update from Planet Ventures Inc
[{"type":"text","content":"Planet Ventures Inc. Announces Strategic Investment in Walter.Ai - a Decentralized, Blockchain-Based Protocol that Incentivizes Creating, Sharing and Maintaining Data Feeds by a Global Community Of Researchers and Analysts(via TheNewswire)\n\n \nVancouver, British Columbia / TheNewswire / December 27, 2017 - Planet Ventures Inc. (the \"Company\") (TSX.V: PXI; FSE: P6U) is pleased to announce that it has made a strategic investment in Walter.AI - a decentralized, blockchain-based protocol that incentivizes creating, sharing and maintaining data feeds by a global community of researchers and analysts. Through a token economy, community members participate in both governance and value of the network.\n\n \n \nWalter is an alternative to centralized data companies and prediction markets, focused on swarm intelligence, consensus and distributed ownership to make fundamental data more accessible to everyone.\n\n \n \nAbout Walter.AI\n\n \n \nWalter's vision is to provide an elegant blockchain based solution for the data access problem. Data is valuable as it provides a competitive advantage and allows individuals and organizations with data access to make better decisions. Data is often kept private and proprietary creating barriers to entry that drives inequality. Alternatively where data is publically available, it is often of poor quality, out of date or improperly formatted. In some instances, such as the emergence of a new sector, there may be a lack of data all together.\n\n \n \nImagine a world where millions of researchers, from every country add value and earn rewards for first formulating effective questions and then answering requests for data. Blockchain-based applications offer us new opportunities to deliver solutions that are decentralized, where data is potentially immutable and verifiable, and where actors in the system stand to benefit not only from performing individual tasks but also having a stake in the value of the community as a whole, and a say in its governance.\n\n \n \nThis vision formulates the very mission of Walter AI, a decentralized, blockchain-based protocol that incentivizes creating, sharing and maintaining data feeds by a global community of researchers and analysts. Through a token economy, community members participate in both governance and value of the network.\n\n \n \nWalter's management has ...