Data Ownership Protocol - DOP tokenomics model is not as interesting as their technological solution but I'd still expect a 5X-10X from the current valuation. The valuation at launch is pretty high, but let's crunch the numbers.

The airdrop is under way for those who participated in the test network tasks. I did get an allocation but it is nothing to write about, although for the time invested I guess it was ok, but nothing exceptional that I would want to write about. Since the token is on the main Ethereum network with very high transaction fee, I'm not even claiming my airdrop just yet until I see what final price once it starts trading. At this point in time, I would have made about $50... 545,000 participants received that airdrop. I would have preferred to get a bigger airdrop but with a 1 year vesting period.

The total supply will be 23,370,186,853 at the time of this writing. They had a pre-sale for eligible participants at $0.082, which means a $1.9B fully diluted market cap (FDV). That's a little high for my taste although I've seen worse, assuming they have between 1M and 2M wallet holders, I'd say that should be priced at less than $20B once they fully execute on their roadmap. So, what will be the listing price itself? I'm guessing $0.10 which means a $2.3B FDV, which means 5X to 10X potential growth as the bull run goes into full bull. Not necessarily bad but I have a feeling a lot of airdrop farmers will be gone soon after they receive their airdrop, so I think the actual number of users will shrink a lot before it starts climbing again. Speculators always outnumber real users, so I don't know how many people are actually serious at encrypting their assets and transactions. I would guess maybe 20K users will actually use the service at first, which would price a FDV closer to $200M.

I feel there is a way too much tokens getting unlock at TGE itself (8B tokens), it will be a bit hard to overcome that sell pressure (potentially $800M). I don't know how much money they have accumulated, but if people start selling in masses and overcome the buy pressure, panic selling may starts to set in and that would be a bloodbath. I wouldn't be surprised to see the token price tank, but I don't know what is the size of the liquidity pools on DEX, and the liquidities available for market making on CEX, yet I highly doubt it can absorb $800M. If the price drop to $0.01 I will start to DCA in because it is still a great project.

As well, I've never been a fan of seeing the team fully vesting their token within 36 months. There are better ways to manage this to reduce sell pressure, using resistance in the price structure instead.

In summary, I'm expecting a listing price around $0.10. I'll start to DCA on the way down below $0.01. I believe the top price could reach $1.16 at the peak of the bull run in 2025.

The Data Ownership Protocol (DOP) is utilizing zero-knowledge proofs in order to allow flexible transparency on top of Ethereum L1. DOP allows users and DApps to store assets and make transactions privately, or selectively disclose token holdings and historical information.

Data Ownership Protocol

[Data Ownership Protocol - DOP](dop.org) tokenomics model is not as interesting as their technological solution but I'd still expect a 5X-10X from the current valuation. The valuation at launch is pretty high, but let's crunch the numbers.

The airdrop is under way for those who participated in the test network tasks. I did get an allocation but it is nothing to write about, although for the time invested I guess it was ok, but nothing exceptional that I would want to write about. Since the token is on the main Ethereum network with very high transaction fee, I'm not even claiming my airdrop just yet until I see what final price once it starts trading. At this point in time, I would have made about $50... 545,000 participants received that airdrop. I would have preferred to get a bigger airdrop but with a 1 year vesting period.

The total supply will be 23,370,186,853 at the time of this writing. They had a pre-sale for eligible participants at $0.082, which means a $1.9B fully diluted market cap (FDV). That's a little high for my taste although I've seen worse, assuming they have between 1M and 2M wallet holders, I'd say that should be priced at less than $20B once they fully execute on their roadmap. So, what will be the listing price itself? I'm guessing $0.10 which means a $2.3B FDV, which means 5X to 10X potential growth as the bull run goes into full bull. Not necessarily bad but I have a feeling a lot of airdrop farmers will be gone soon after they receive their airdrop, so I think the actual number of users will shrink a lot before it starts climbing again. Speculators always outnumber real users, so I don't know how many people are actually serious at encrypting their assets and transactions. I would guess maybe 20K users will actually use the service at first, which would price a FDV closer to $200M.

I feel there is a way too much tokens getting unlock at TGE itself (8B tokens), it will be a bit hard to overcome that sell pressure (potentially $800M). I don't know how much money they have accumulated, but if people start selling in masses and overcome the buy pressure, panic selling may starts to set in and that would be a bloodbath. I wouldn't be surprised to see the token price tank, but I don't know what is the size of the liquidity pools on DEX, and the liquidities available for market making on CEX, yet I highly doubt it can absorb $800M. If the price drop to $0.01 I will start to DCA in because it is still a great project.

As well, I've never been a fan of seeing the team fully vesting their token within 36 months. There are better ways to manage this to reduce sell pressure, using resistance in the price structure instead.

In summary, I'm expecting a listing price around $0.10. I'll start to DCA on the way down below $0.01. I believe the top price could reach $1.16 at the peak of the bull run in 2025.

Crypto Rookies

Data Ownership Protocol is building something I haven't seen before using zero knowledge proof technology. You can encrypt your digital assets in your wallet so that other users cannot find out what and how much you own. As well, you can send and receive encrypted assets which will not be able to be identified by other users. That's very useful to prevent hackers from targeting someone.

Imagine you go to a store and they accept payment in crypto, because your wallet address will be seen, the cashier could see how many millions of dollars is in your wallet, and he could call out his buddies to come kidnap you... That wouldn't happen with DOP.

There is not much information about tokenomics yet, as they are pre-launch, but in the meantime potential users can qualify for a airdrop using this link: https://doptest.dop.org/id=YEbwKET. Since all the tasks are done on testnet it basically cost nothing to do them, the only problem is the permission requested for the twitter step is really aggressive, I believe it was just a mistake by the team, and they don't have ill intentions, but at worst you may have to consider creating a new twitter account to qualify for that airdrop.

Regardless, it is a very interesting piece of technology, and I intend on using it to encrypt data on metamask and other of my wallets.

[Data Ownership Protocol](https://dop.org) is building something I haven't seen before using zero knowledge proof technology. You can encrypt your digital assets in your wallet so that other users cannot find out what and how much you own. As well, you can send and receive encrypted assets which will not be able to be identified by other users. That's very useful to prevent hackers from targeting someone. 

Imagine you go to a store and they accept payment in crypto, because your wallet address will be seen, the cashier could see how many millions of dollars is in your wallet, and he could call out his buddies to come kidnap you... That wouldn't happen with DOP.

There is not much information about tokenomics yet, as they are pre-launch, but in the meantime potential users can qualify for a airdrop using this link: [https://doptest.dop.org/id=YEbwKET](https://doptest.dop.org/id=YEbwKET). Since all the tasks are done on testnet it basically cost nothing to do them, the only problem is the permission requested for the twitter step is really aggressive, I believe it was just a mistake by the team, and they don't have ill intentions, but at worst you may have to consider creating a new twitter account to qualify for that airdrop.

Regardless, it is a very interesting piece of technology, and I intend on using it to encrypt data on metamask and other of my wallets.

In examining the technological landscape of L2 solutions, it is evident that zk proofs (ZKPs) are commonly employed to enhance privacy. However, prevailing L2 privacy options grapple with significant drawbacks. Notably, the reliance on centralized sequencers introduces a potential single point of failure, raising concerns about the security of funds. Additionally, the absence of fraud proofs to validate L2 transaction records also poses a notable risk for users engaged in rollup transactions.

This is where I love the technology behind Data Ownership Protocol.

DOP distinguishes itself through a unique approach to privacy, opting for selective transparency instead. The platform enables users to share only the data they are comfortable with, empowering individuals to exercise control over the extent of information shared.

A very different method from the conventional L2 and L1 solutions currently out there. DOP's has taken the decision to build directly on top of Ethereum as a dApp. This strategic choice offers several advantages:

1)	Enhanced Data Control and Options: Building on Ethereum provides a broader scope for "data control" and more flexible options.
2)	Potential for Increased Privacy: Users have the option to maintain greater privacy if they choose.
3)	Data Control on the Ethereum Mainnet: Users retain control over their data without the need for bridging to other networks.
4)	Direct Access to ETH Liquidity: DOP users can leverage liquidity on the Ethereum network without compromising privacy.
5)	Seamless Transition to "Data Control" Mode: Transitioning from Ethereum or the EVM into a "data control" mode is facilitated more smoothly compared to L2 solutions.

Contrary to the predominant focus on privacy in the L2 and L1 space, DOP prioritizes user and data control. The emphasis is on allowing individuals to manage what information they share, with whom, and when. DOP's decentralized approach, as a dApp on Ethereum, stands out to me as a more secure and decentralized alternative to the traditional L2 solutions. As I mentioned in my micro review I believe DOP's technology offers a promising balance between openness and asset safeguarding. This innovative approach could significantly reduce the likelihood of users becoming targets for hacks or, more alarmingly, kidnappings - a real use case that I am sure that a lot of crypto users like myself would gladly opt for.

Jeppopo

Sigh...I'll say it again...you cannot have privacy on Ethereum.

This is another project that is attempting to use zero knowledge proofs as a buzzword to make their project seem more legit, when it's more of the same nonsense.

Sure, some level of privacy can be achieved by implementing a layered solution like this. But the inputs and outputs that get recorded on the main Ethereum chain can be monitored.

There also isn't a whole lot of information about the project on the website. It looks sketchy.

Sigh...I'll say it again...you cannot have privacy on Ethereum. 

This is another project that is attempting to use zero knowledge proofs as a buzzword to make their project seem more legit, when it's more of the same nonsense. 

Sure, some level of privacy can be achieved by implementing a layered solution like this. But the inputs and outputs that get recorded on the main Ethereum chain can be monitored. 

There also isn't a whole lot of information about the project on the website. It looks sketchy.

Tartarian

Sleepless AI (AI) is a cryptocurrency and operates on the BNB Smart Chain (BEP20) platform

Sleepless AI

The Zephyr Protocol, at its heart, is an over-collateralized, crypto-backed stablecoin protocol, a concept refined through the Djed Protocol.

Zephyr Protocol

TON is an open source, Polkadot style multi-chain that's developed by a contributor community and focuses on micro payments, ease of use, privacy, transaction speed, scale and more.

Toncoin

All Street, Not Wall Street. Once reserved for the rich - welcome to the Genesis of Access. We are the 99%. A powerful, all-in-one platform that makes investing in Web 3 simple.

Common Wealth

Gala (GALA) is a cryptocurrency and operates on the Ethereum platform

Data Ownership Protocol

More Reviews of Data Ownership Protocol

Trending Projects

Follow Us