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> Who should use your site but others who also want to offer data asset funds? Why do you build the exposure for rugpullindex instead of directly creating the f
by timdaub 5y ago
> Who should use your site but others who also want to offer data asset funds? Why do you build the exposure for rugpullindex instead of directly creating the fund?
Good question. Initially, I went for building the fund product directly. Then I noticed that in my jurisdiction it's far from easy just launching a financial product. Additionally, one problem that I continue to have is that for the data assets curated on my site, an old version of Balancer contracts (V1) [3] is used which means each rebalance for 10 assets would come at a cost of > 100k gas * 10 assets.
I've thought of optimizing gas cost, but I haven't found a solution so far [1], [2]. The Ocean Protocol team had also promised to upgrade to Balancer V2 up until recently on their public roadmap website. But they've suddenly changed priorities and so now I'm doubting that those contracts will ever become upgraded...
> Your site could use a filter for various data markets.
What other data markets do exist? I'd definitely be happy to integrate other markets too.
> Right now, investing in the index is risky because competing data sets to core assets of the index could drive down its value fast.
I'm not sure I get what you're saying. Mind elaborating?
- 1: https://timdaub.github.io/2021/04/19/ethereum-web3-saving-gas-mainnet/ https://timdaub.github.io/2021/04/19/ethereum-web3-saving-ga...
- 2: https://rugpullindex.com/blog#IntroducingHoneybatcher https://rugpullindex.com/blog#IntroducingHoneybatcher
- 3: https://github.com/oceanprotocol/contracts/tree/main/contracts/balancer https://github.com/oceanprotocol/contracts/tree/main/contrac...
Edit: That one is important too: https://timdaub.github.io/2021/05/22/ethereum-layer2-scaling-rollups-dapps-sidechains/ https://timdaub.github.io/2021/05/22/ethereum-layer2-scaling...
- randomsilence 5y ago>> Your site could use a filter for various data markets. >What other data markets do exist? I'd definitely be happy to integrate other markets too. That's not what I meant. I haven't seen a way to cluster the existing offers according to the type of datasets. E.g. market place scans, CAD models, medical studies Say I have the technology to scan ebay. I want to answer the question: which datasets should I create to make the most money. I don't want to waste time looking through all other type of data. >> Right now, investing in the index is risky because competing data sets to core assets of the index could drive down its value fast. >I'm not sure I get what you're saying. Mind elaborating? In a working market, prices should go down to production costs because there is no lever for the producers to demand more money. If you provide transparency and access, I would expect that there will be massive competition for any data set that is easy to produce. Thus prices will go down. In other words, unlike other coins, early investors will be punished. So to attract investors, you first have to bring down prices in a sector so that investors don't pay a premium for buying from the only supplier. This will drive away casual data providers but it hopefully will attract enough consumers that efficient data providers will accept the ocean protocol as a distribution channel. Take this with a grain of salt since I am not an expert at all. Anyway, your page looks nice and clean. I hope your project will be successful.