Itheum a Web3 Data Brokerage Platform After Raising $1.5 Million is Launching on Elrond | HackerNoon

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Itheum a Web3 Data Brokerage Platform After Raising $1.5 Million is Launching on Elrond | HackerNoon
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'Itheum a Web3 Data Brokerage Platform After Raising $1.5 Million is Launching on Elrond' web3 decentralizedinternet

, a Web3 data brokerage platform that will debut on Elrond’s strategic launch platform, the Maiar Launchpad.

The web3 platform shall provide the groundwork for everyone to control their personal data as assets by utilizing Elrond Network’s scalable blockchain technology. It uses NFT technology to generate NFMe ID-s, “soulbound” Data Avatars for Metaverse.Data will be the building blocks of the Metaverse, and Itheum is creating the premise for everyone everywhere to share in the significant upside potential of this untapped new economy.

The Elrond blockchain powers Itheum, the world’s first decentralized multi-chain data brokerage platform. For the last three years, it has been under development to break down data silos that Web2 companies have constructed and carefully guarded. Data is a highly transferable asset with enormous value for its owners. Thus, they want to empower people by owning and trading their data in the Web3 and Metaverse age.

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