The EQ8 Network Platform is a decentralized and secure platform for data aggregation via assessment techniques such as surveys, polls, tests, quiz etc. EQ8 Network facilitates consensual data exchange between organizations and users, thereby eliminating data brokers. Users are rewarded for sharing their data in proportion to what they expose to data buyers.
Where is your company based?
EQ8 Ltd. is based out of BVI.
Does EQ8 Network have its own blockchain?
No, we have deployed our smart contracts on Polygon (a layer 2 solution build on top of Ethereum). However, in future we may think of building our own chain if the need arises.
Will I need to have a Crypto wallet?
No, you will not be asked for a crypto wallet to get onboarded and participate in campaigns. The EQ8 Network app has a non-custodial wallet built-in, however, to be able to transfer tokens to and from your EQ8 Network wallet, you may need a crypto wallet. You will be given reward tokens upon joining our platform and providing basic demographic information about yourself. The more data points you provide and are ready to share, the more EQ8 tokens you will be rewarded with. For participating in campaigns like Surveys, Polls, Quizzes etc., you will need to stake a certain number of EQ8 tokens. This is to save the system from abuse by bad actors.
Who can participate in token sale?
Anyone except US residents/US citizens can participate in token sale.
Where is my money going and what will it be used for?