MYRAD

MYRAD is a decentralized data marketplace that transforms datasets into fungible, tradable tokens called DataCoins. Unlike traditional centralized platforms, MYRAD ensures transparency, security, and fairness for both data creators and consumers.

Creators upload datasets to decentralized storage (Lighthouse, anchored on Filecoin), where provenance and immutability are guaranteed. Each dataset is tokenized into its own unique DataCoin, which represents access rights. These fungible tokens can be freely traded on blockchain marketplaces, giving creators flexible monetization options.

Buyers acquire DataCoins via token swaps and must burn them to access and download datasets, introducing a deflationary mechanism that increases token scarcity and value over time. This ensures that creators not only earn from initial sales but can also benefit from long-term trading activity.

The platform’s revenue model is simple and creator-first: 95% of all proceeds go directly to the dataset creator, while 5% sustains platform operations. Access control is enforced through token-gated contracts, and all transactions are transparent and auditable on-chain.

MYRAD makes data sharing accessible and profitable while solving critical issues in the current data economy: lack of transparent provenance, limited monetization methods, and centralized gatekeepers. By merging decentralized storage, tokenization, and automated revenue sharing, MYRAD creates an open, scalable ecosystem where datasets become liquid, tradeable digital assets.

MYRAD is a decentralized data marketplace that transforms datasets into fungible, tradable tokens called DataCoins. Unlike traditional centralized platforms, MYRAD ensures transparency, security, and fairness for both data creators and consumers.

Creators upload datasets to decentralized storage (Lighthouse, anchored on Filecoin), where provenance and immutability are guaranteed. Each dataset is tokenized into its own unique DataCoin, which represents access rights. These fungible tokens can be freely traded on blockchain marketplaces, giving creators flexible monetization options.

Buyers acquire DataCoins via token swaps and must burn them to access and download datasets, introducing a deflationary mechanism that increases token scarcity and value over time. This ensures that creators not only earn from initial sales but can also benefit from long-term trading activity.

The platform’s revenue model is simple and creator-first: 95% of all proceeds go directly to the dataset creator, while 5% sustains platform operations. Access control is enforced through token-gated contracts, and all transactions are transparent and auditable on-chain.

MYRAD makes data sharing accessible and profitable while solving critical issues in the current data economy: lack of transparent provenance, limited monetization methods, and centralized gatekeepers. By merging decentralized storage, tokenization, and automated revenue sharing, MYRAD creates an open, scalable ecosystem where datasets become liquid, tradeable digital assets.