Capturing the moment in information sharing innovation: 

• The past: In the early 90s, we had web 1.0, where all the user could do was read. 

• The present: We are operating in web 2.0 of reading and writing. 

• The future: With Web 3.0, we will have the ability to read, write, and own (thanks to the blockchain).

The idea: Open source our data through the blockchain.This allows us to have complete ownership of our data forever. When a user wants to use our data for commercial purposes, a smart contract can automatically execute the licensing agreement, ensuring we are being compensated for the use of our data. Smart contracts can get their environment data from blockchain oracles. 

Blockchain oracles provide external data sources such as environmental data and state information about how the data is being used, where it is being used, and by whom. Smart contracts can be programmed to execute when certain conditions are met. By utilizing smart contracts with blockchain oracles, we can automate the licensing process and ensure that we receive compensation for the use of our data while maintaining complete ownership. 

Additionally, we can retrieve external data that is essential for the development of generative AI models, which we can use for our own AI model. 

The data can be used in other people’s generative AI models, by any customer or adjacent businesses alike, and if they profit from it, we get a cut from it. Because we have the best data, it can permeate all generative AI models in our business space (and beyond) collecting all the royalties from the same data indefinitely . 

The benefits:

• Could shoot up innovation in safety and quality in this space and other industries due to its highly collaborative nature of so many people from different knowledge sectors and backgrounds having access. 

• Greatly enhance brand recognition, customer and employee loyalty as well as attract top talent as this creates goodwill throughout the developer community and beyond.

• Great appeal for retail investors (or any type of investor, depending on the stage of your company).  

• Mitigates the hardware risk of large scale production: We only need a few devices to collect data in a set number of common scenarios that can be released publicly.