Sharing Your Geo-Location Data and the Importance of Compensation
In today’s digital age, location data has become a precious commodity. For MapMetrics, it is the backbone of our web3 navigation app , and it’s generated by the GPS system in your smartphone and SPT device. This data provides rich information about your movements, behavior, and preferences. Sadly, most individuals are unaware that they are sharing it. Until now, there hasn’t been an effort to compensate people for their data. Let's take a look at the importance of compensation when it comes to sharing geo-location data. Ownership: People generate a vast amount of geo-location data through the use of their smart devices. This data provides valuable insights into our movements, preferences, and behaviors, making it a valuable commodity in today’s digital world. It’s only fair that people should own this data and have control over how it’s used. Rewarding people for their data not only acknowledges their ownership but also provides a financial benefit for something that