19h ngày 05/25 vừa qua, GeoDB đã tổ chức một buổi đáp trên Blockchain Crews. Dưới đây là tóm tắt nội dung chính của buổi AMA này.
Khách mời: Mr. Luis Gelado
Thời gian: 19h tối Thứ Hai, ngày 05/25/2020
Địa điểm: @Blockchaincrews
Phần quà 100$ dành cho các bạn có câu hỏi hay về GeoDB.
1. Đặt câu hỏi cho team GeoDB tại đây: https://forms.gle/UvSK8um23BS3YwcH7
2. Chia sẻ sự kiện này trên bất cứ nền tảng mạng xã hội nào và gửi lại link vào biểu mẫu trên.
Đội nhóm của mình sẽ công bố các bạn trúng thưởng sau chương trình.
3. Tham gia Blockchain Crews: https://t.me/BlockChainCrewS
4. Tham gia các trang Media của GEOBD:
Global: https://t.me/GeoDBgroup
Vietnam : https://t.me/geodbvietnam
Twitter: https://twitter.com/geodatablock
Sau đây, đôi lời giới thiệu về GeoDB
– Hi everyone! To start up with I wanted to thank Crews Community for giving me and my team the opportunity to be here today with all of you. I am very happy to share GeoDB with all of you and I hope we can answer as many questions as possible.
Just to remind you all, you need to join our official Telegram Group (https://t.me/GeoDBgroup) and our Twitter account (https://twitter.com/GeoDataBlock) to participate in today’s prizes! Good luck to everyone!
I present myself. My name is Luis, I come from Spain, although I’ve been traveling around the world my whole life, and during the last 12 years I have been focused on building tech companies. Business student back in college in one of the best business schools in Europe, worked for Deloitte for one year after university and since then I have been a serial entrepreneur. I have built several tech companies, like WLT (www.wavelt.com), managed teams of 30+ people, and raised more than 10m$ in private funding for several startups.
My greatest passion is to build meaningful things and since 2018 I am fully focused on GeoDB, a project that I am totally in love with.
I got into crypto back in 2017 due to the high media buzz it created during that year’s hype, I invested then in several projects to learn and understand the technology, and finally built what will someday be a Crypto fund called Pow Partners.
Based on our experience in the digital and big data industries, we then realized how powerful could the application of blockchain and tokenization concepts be in these industries. As that’s why knowing all the inefficiencies of the industry we decided to create GeoDB, a project that combines Big Data, Blockchain, and Tokenization, which we call Big Crypto.
-Regarding GeoDB, I co-founded the company back in 2018 with three other partners and I’m currently CEO of GeoDB.
-GeoDB is a p2p big data sharing ecosystem. Basically it’s a data marketplace powered by blockchain that connects directly, you, the user, the actual data generators, with data sellers. And the GEO token becomes the representation of data value itself in the form of a tradable virtual asset.
-Users upload data to our network and get rewarded in GEOs, and data buyers acquire information paying with GEOs.
-It’s a circular model in which we are improving the traditional and conventional data market. We are solving all of the issues the industry is now facing, eliminating intermediation which ends up in slow processes, high costs, and lack of transparency for data buyers. And tt the same time, we are completely improving how users are now treated giving them back important rights as data ownership, privacy, and value.
Dịch:
-Chào mọi người! Để bắt đầu với tôi, tôi muốn cảm ơn Cộng đồng Blockchain CrewS đã cho tôi và nhóm của tôi cơ hội có mặt ở đây hôm nay với tất cả các bạn. Tôi rất vui khi chia sẻ GeoDB với tất cả các bạn và tôi hy vọng chúng tôi có thể trả lời càng nhiều câu hỏi càng tốt.
Chỉ để nhắc nhở tất cả các bạn, bạn cần tham gia Nhóm Telegram chính thức của chúng tôi (https://t.me/GeoDBgroup) và tài khoản Twitter của chúng tôi (https://twitter.com/GeoDataBlock) để tham gia các giải thưởng ngày hôm nay! Chúc mọi người may mắn!
Tôi tự trình bày. Tên tôi là Luis, tôi đến từ Tây Ban Nha, mặc dù tôi đã đi du lịch vòng quanh thế giới cả đời và trong suốt 12 năm qua tôi đã tập trung vào việc xây dựng các công ty công nghệ. Sinh viên kinh doanh trở lại trường đại học tại một trong những trường kinh doanh tốt nhất ở châu Âu, làm việc cho Deloitte trong một năm sau khi học đại học và kể từ đó tôi trở thành một doanh nhân nối tiếp. Tôi đã xây dựng một số công ty công nghệ, như WLT (www.wavelt.com), quản lý các nhóm trên 30 người và đã huy động được hơn 10 triệu đô la tài trợ tư nhân cho một số công ty mới khởi nghiệp.
Niềm đam mê lớn nhất của tôi là xây dựng những điều có ý nghĩa và kể từ năm 2018, tôi hoàn toàn tập trung vào GeoDB, một dự án mà tôi hoàn toàn yêu thích.
Tôi đã tham gia vào tiền điện tử vào năm 2017 do tiếng vang truyền thông cao mà nó tạo ra trong năm đó, tôi đã đầu tư vào một số dự án để tìm hiểu và hiểu về công nghệ, và cuối cùng sẽ xây dựng một quỹ Crypto có tên là Pow Partners.
Dựa trên kinh nghiệm của chúng tôi trong các ngành công nghiệp dữ liệu số và lớn, sau đó chúng tôi nhận ra ứng dụng của các khái niệm blockchain và mã thông báo có thể mạnh đến mức nào trong các ngành này. Vì đó là lý do tại sao biết tất cả sự thiếu hiệu quả của ngành, chúng tôi đã quyết định tạo GeoDB, một dự án kết hợp Big Data, Blockchain và Tokenization, mà chúng tôi gọi là Big Crypto.
-Về GeoDB, tôi đồng sáng lập công ty trở lại vào năm 2018 với ba đối tác khác và tôi hiện là CEO của GeoDB.
-GeoDB là một hệ sinh thái chia sẻ dữ liệu lớn p2p. Về cơ bản, đó là một thị trường dữ liệu được cung cấp bởi blockchain kết nối trực tiếp, bạn, người dùng, người tạo dữ liệu thực tế, với người bán dữ liệu. Và mã thông báo GEO trở thành đại diện cho chính giá trị dữ liệu dưới dạng một tài sản ảo có thể giao dịch.
-Người dùng tải dữ liệu lên mạng của chúng tôi và nhận phần thưởng trong GEO và người mua dữ liệu có được thông tin thanh toán bằng GEO.
-Đó là một mô hình vòng tròn trong đó chúng tôi đang cải thiện thị trường dữ liệu truyền thống và thông thường. Chúng tôi đang giải quyết tất cả các vấn đề mà ngành công nghiệp hiện đang phải đối mặt, loại bỏ sự trung gian dẫn đến các quy trình chậm, chi phí cao và thiếu minh bạch cho người mua dữ liệu. Và đồng thời, chúng tôi hoàn toàn cải thiện cách người dùng hiện được đối xử mang lại cho họ các quyền quan trọng như quyền sở hữu dữ liệu, quyền riêng tư và giá trị.
Segment 1:
Questions 1.- Most users only care about immediate benefits rather than the real value of the project in the long-term. How can you convince users invest to your platform in the long-term?
CEO:
The BigData Industry is constantly growing, and it will be like that during the next decades.
We are offering the world a new solution that solves a big part of the problems that occur on a daily basis related to any deal in this industry. We solve the lack of transparency, we care about the data generator/users, we solve the speed of the deals, we break entry barriers for small players, the lack of price standards…
So Let´s say, we are in a fast growing industry with many things to improve, and GeoDB will be surfing that wave for sure in the longterm.
Question 2.- Could you explain What kind of data that user may need to generate in order to get reward or paid on Geodb ecosystem?
CEO:
Well, firstly let´s say all the data we collect is anonymous,
it´s for the side of the industry dedicated to decision making, computer science, statistics, so we don’t care who you are. We care about aggregated data. So we NEVER re impact the user in anyway, actually we can´t.
So we get from your terminal the geolocation, operating system you use, screen size, Battery level, intensity of the signal, apps installed, age bracket, Gender, etc.
Question 3 – “Raising funds for surviving is the most important key for any projects, so I am curious about that and background of GeoDB team to drive project in long road as well as motivation to build GeoDB?
CEO:
-We have been very successful raising funds so far. We’ve closed 3 private rounds and more than 4m$ raised.
-The team has deep experience and a big network of investors.
-We recently closed an equity crowdfunding round where we onboarded more than 1,000 new insvestors.
-We are very executional team, with a clear vision to build something that matters.
seedrs.com/geodb
-This was our latest funding!
Question 4.- GeoDB has been awarded by several prizes such as “startup competition” of the Blockchain Summit and other recognitions, what has impacted juries the most about geodb? the union of BIG DATA- Blockchain?
CEO:
I think what juries see it´s a direct and real application of the technology to solve real problems.
Happens a lot this question are we a big data company? Are we a blockchain company??
I believe that question will have no sense in the future at many sectors.
I would say we are a big data company that works with blockchain because this technology make this company and this global solution possible. That´s what makes us win the competitions.
And of course, that @LGCrespo is the best speaker always!!
Question 5. What is the advantage between GeoDB and other Project? Why should investors trust and use GeoDB ?
CEO:
It has to do with the idea, the team and our talented background, our past experience, prooven capacity…
We are a hard working company and very executional.
More than 1,600 direct investors, real use case for crypto and blockchain
And a huge market that is already generating 300b$ worldwide.
It’s a super big opportunity and we will make our token holders very happy.
It’s a BUY and HODL clear strategy!
Segment 2:
Q1: Which market are you targeting for 2020 and main focusing right now ? How do you assess the Vietnamese market?
CEO:
Right now we are focused on European market in terms of business and getting prepared for US & Asia
as for crypto bizdev activity Vietnamm is in good prioruty for us alongside with Europe, China, S Korea, India and some other countries
Q2: Mass adoption is one of the big problem for blockchain projects. So how will GeoDB solve this problem in order to achieve adoption in reality?
CEO:
We are partnering with third party platforms to join our network. More than 12m users will be joining the ecosystem once we launch the network!
Q3: What kind of Milestone Geodb have did so far in 2020?
And most important what is geodb target in 2020?
CEO:
Launch of GeoCash and new exchanges! Bitforex and listed on CMC. Expecting TOP100 soon!
Q4: What programmes, like burning and buyback, do you have in place to increase the intrinsic monetary value of GeoDataBlock token?
CEO:
we don’t announce it too kuch, but we are working smart with marketmaking team with a goal to bring liquidity, stabilize price and buyback is one of our strategy
but yes, we understand the importance of price & liquidity stability and working hard on it with best experts on the market on a daily basis
Q5: How can GeoDB earn profit from user’s data?Is it safe when users provide their data for GeoDB?
CEO:
Completely safe and secure. Onlye encrypted, anonymous and aggregated data.
Q6: What is your long-term vision of the industry that GeoDB is working at? In the future are you afraid there will be another project with more advanced technology that can replace GeoDB?
CEO:
We have a great team and three years of development! We are well ahead of competition. Nevertheless, the market is huge! Enough space for many players!
Q7: What’s the Major problem is there in Market, Which GeoDB Project is trying to solve & how GeoDB Project efficiently solves that problem?
CEO:
Well, there are many, I would say the time to close a bigdata deal is between 12-15 months. Now you can buy data with a clik and 24 hours.
Secondly we break barriers to small players and i love that .
Now a guy with one store can access big data to study where to open the second for example.
Q8: Could you explain what is Geodb Reputed pool of investor?
How and what is the benefit being investor of Geodb in long term?
CEO:
Seedrs & Crowdcube are well-known crowdfunding platforms from UK we used with a very tough due diligence
It means that everything we are claiming is doub;e-checked by very tough auditors 
as for investors we have some European VCs participating in early stage rounds and some of them are from universities like IESE business school angel network
you can see all the info on geodb.com.
Q9: Geodb Have Circulating Supply : 11,841,000 geodb , is there any burning plan? Or Buyback program to maintain geodb price?
CEO:
We will in the future. But market cap is very low and potential very big. We expect huge performance of GEO this year!
Q10: What is Geodb testnet?
And why your project doing Testnet?
Is there any plan related to the Geodb testnet?
CEO:
The test net helps our team to solve the first problems in tech before launching the Mainnet which is definitive.
In the meantime, all the users that help using this testnet will get a conversion reward to the definitive mainnet because of having helped us on the road.
Q11: Communities is very important in order to makes impact on more addoption.
How many communities do you have now ? What kinds of support Geodb wants from the community?
CEO:
In just few weeks after starting our marketing within crypto world we have expanded in a lot of local communities! China, India, Bangladesh, Philippines, Japan & growing. Vietnam is our first stop to start intracting with local communities and the response is already tremendous!!
Q12: How can GeoDB earn profit from user’s data?Is it safe when users provide their data for GeoDB?
CEO:
it is 100% safe
we have carefully studies all regulations and we are not touching your private data
users share only their behavioral data like location and other activities
the data which is being captured is validated through IOTA network
so there are several level of guarantee that your private data is not gathered
as for profit – we gather your data nd sell it directly to data buyers like big data companies. You can see these committed companies on our website geodb.com
Q13: Many companies and organizations misuse or even sell users’ data to other companies. It literally exploits. In this sense, can GEODB sell the data of users to other companies? What criteria do you care about protecting users’ information?
CEO:
absolutely you are right! and the unfair part is that when other apps sell your data, you don;t get anything
while in our case we take your data, sell it on a p2p basis to data buyers and you get rewarded for the data being generated as it does have value!
Q14: What challenges does GeoDB feels the Current Big Data Market is facing that it seeks to solve and what approach does it want to use in solving it?
CEO:
Well, there are a lot of data unexploited in the world. There are no bridges between particpants. And nowadays small players cant enter bigdata deals. So geodb solves all of these by breaking the entry barriers.
If the Bigdata purchase is more accesible to everyone , to small businesses, the speed of this industry will multiply
Q15: What exactly is the circular model you are developing and how does it play a role in preventing transparency for the slow processes, high costs and data receivers faced by the industry? How does this model work for data ownership?
CEO:
the problem of high costs is mainly caused by many intermediearies in the data purchase model
what we are buildimg is a peer-to-peer data exchange marketplace where transactions happen in a automated way powered by smart contracts excluding any third parties
data sources are verified in blockchain solving the problem of lack of tust and all agreements are automated
that is what makes GeoDB more beneficial in terms of costs and efficeincy.
Q16: How will GEODB democratize the big data market and transform it into a more beneficial ecosystem?
CEO:
Well, lets say we break entry barriers for smallplayers. Nowadays only mid and big companies can access to buy data. With our ecosystem anyone with one store deciding where to open a second one can have access to big data.
On the selling side, same thing, now persons can sell directly and instantly their data at a transaprent price related to the token public pricing.
Q17: What are your strategies in building a big and strong community? Do you agree that the power of the community will lead your project to grow globally? What are the services you offer to the community?
CEO:
Absolutely! We know communication & community’s represent any good crypto project. Without community mass adoption is impossible to push !
We are developing communites by going into local communities & interacting with them to really make them understand the relevance of GeoDB and why its the next big thing that some may miss 
We truly belive we are on the path to build a quality community.
Join @geodbgroup & @geodbvietnam
Q18: So many good blockchain projects have failed because of low sale of their token, which can be blamed on the present bear market. How will you raise funds for your project and survive this bear market? #GeoDB
CEO:
we have already raised more than 4 million USD and keep on growing our community of token holders
the point about GeoDB is that we are not fully dependant on crypto market
our main net will go live in Q3 2020 and we already have a high demand for data transactions which means high demand for our token
big data is a 200 billion + industry and we expect a high organic demand for our token with keeping in mind the bizdev activities on the crypto syde of the market
Q19: Do you support all over world? Mean any people from any country can buy/sell Geodb and get chance to enjoy your services? And how to spread your project to crypto and non crypto people?
CEO:
Yes, GeoDB is available to everyone around the world. Data is one thing every device produces in the world, GeoDB is open to all this data, Now when people notice that you can get paid by anonymously by sharing this data, they will know the value of it. Thats the reason why we were able to sucessfully able to raise funds from a lot of investors who have just entered crypto world with Geo db. So we are already brining new people into crypto !
Q20: The most important aspect of the platform’s success are CUSTOMERS
-(Marketing Strategy)
What are also your Strategies to Attract Costumers?
TRUST is very important
How will you able to gain the TRUST of your costumers?
CEO:
-Our customers are users (data generators) and data buyers
-For bth of them we have a very clear innvotive value proposition
-Data users get rewarded for the data they generate – first time on the market. and our first version of geocash alreacy has 50.000+ downloads without any marketing efforts
-Same for data buyers – they easily join our ecosystem when they understand our vlaue prosition
-But of course beside of that we have a solid marketing plan of attracting those clients though expansioon and traditional marjeting & growth instruments.
