€25mn Decentralized Engagement
The Venture
OX revolutionizes the Web3 marketplace by allowing users to monetize their unique digital profiles, known as 'digital twins,' through brief one-minute mining actions. By aggregating user data and eliminating intermediaries, OX reduces customer profiling and advertising costs for businesses while ensuring user control and consent. Users can now unlock the latent potential of their personal data, transcending the traditional model where companies exploit this information without compensation. Instead, OX leverages Web3 technologies to create a dynamic marketplace where users retain control over their data and are duly rewarded for their participation.
- Revolutionizing Personal Data Monetization in Web3
- Driving Innovation and Decentralization in the Digital Economy
- Offers companies the opportunity to advertise by compensating users for their attention and engagement
Intro
Central to OX's mission is the elimination of intermediaries that have long dominated the digital advertising ecosystem. By aggregating user databases and responses, OX streamlines the connection between consumers and businesses, reducing costs associated with customer profiling and advertising while fostering a more direct and transparent engagement model. This paradigm shift not only benefits businesses seeking more efficient ways to engage with their target audience but also empowers users to actively participate in the value exchange of their own data.
Core Team
At the helm of OX's groundbreaking endeavors are a team of visionary leaders, each bringing a unique set of skills and expertise to drive innovation in the Web3 landscape. Co-founders Linda Davis and Bernard Flynn lead the charge, leveraging their deep understanding of modern human psychology, decentralization, and data to reshape the future of work and value creation. Alongside them, CTO Andrii Drozdov, with over a decade of development experience, spearheads the technological advancements powering OX's platform. Together, this dynamic team is driven by a shared commitment to decentralization, blockchain, and consumer optimization, creating new value while prioritizing sustainability and social responsibility. With their combined expertise and passion for positive global change, the core team of OX is poised to revolutionize the digital economy and empower individuals worldwide.
Driving Innovation in Web3 Advertising
As a cornerstone of Web3, OX challenges the dominance of Big Tech by recognizing and compensating users for their attention through paid advertising. By offering credibility and consistency in advertising, OX reshapes the advertising landscape for both enterprises and users, driving innovation and fostering a more equitable and transparent digital economy. Crucially, OX's impact extends beyond mere financial metrics. At its essence, OX represents a paradigm shift in how we perceive and interact with personal data in the digital age. By empowering users to monetize their digital identities and rewarding them for their participation, OX fosters a more equitable and transparent digital ecosystem where individuals are no longer passive subjects but active stakeholders in the value creation process.
Unlocking Market Potential
With over 2 billion Gen Z users poised to become earners in the OX ecosystem, the market potential is staggering. OXIT tokens, the platform's native currency, represent the value of individuals' digital assets and data, creating a self-sustaining 'Personal Utility Economy' where every action contributes to growth. By tapping into a previously untapped $3 trillion market, OX unlocks new opportunities for economic participation and empowerment.
Achievements and Future Growth
OX has achieved significant milestones, including 1.5 million app downloads, 100,000 monthly active users (MAU), and over €5 million in funding raised. The platform is currently raising €1.5 million to complete its seed round and has initiated a €25 million Series A round to solidify its position as a leader in the digital engagement space. With a focus on user acquisition, ongoing development, and strategic partnerships, OX is poised for exponential growth in the coming years.
Highlights
- OX's HumanThink Psychology designs the ‘digital twin’ of each user, incorporating Bio/Psycho/Social Behaviors, Emotional Suite, Beliefs, Motivations, and Propensity to Act, along with industry-specific data.
- OX addresses the traditional disconnect between businesses and consumers, eliminating inefficiencies with its Individual-to-Business (I2B) model.
- Benefits include aligning consumer actions with companies needs, directly tying production to consumer demands, and enhancing sustainability, profitability, and consumer empowerment, with users getting paid.
One example:
OX’s Behavioral segmentation enables companies like Nike to gain a deeper understanding of their customers' preferences, habits, and desires. This data can then be transformed into valuable customer insights and used to help the brand decide which designs to produce and what items to stock in which stores. It's also used to customize what each customer sees in their advertising in order to increase engagement and personalize as much of the shopping experience as possible. By effectively implementing this strategy, Nike can deliver targeted messages, products, and experiences that better resonate with different segments within their audience.
Revolutionizing Engagement Across Diverse Marketplaces
OX occupies a pivotal position across a multitude of marketplaces, driving innovation and reshaping engagement dynamics. From healthcare to entertainment, politics to smart cities, OX's transformative capabilities transcend traditional boundaries, offering a disruptive solution to the challenges faced by businesses and consumers alike. By leveraging Web3 technology, OX seamlessly integrates into precision ad targeting, demand-driven production, individual carbon credits, and more, tapping into a $3 trillion economic opportunity. With its consumer-centric economic model and Individual-to-Business marketplace, OX positions individuals as active participants, aligning products and services with real-time demands while eliminating inefficiencies and enhancing sustainability. Through its dynamic concept and real-time alignment, OX empowers businesses to capture missed value, create new opportunities, and drive positive global change across diverse marketplaces.
Conclusion
In conclusion, OX represents a transformative force in the digital sphere, redefining the relationship between individuals and their data. By offering a platform where users are not only valued but actively compensated for their contributions, OX paves the way for a more inclusive and dynamic economic future. With its commitment to transparency, efficiency, and user empowerment, OX is poised to continue driving positive change and reshaping the digital landscape for years to come.
Learn more at www.oxygean.com
Success Story
OX offers a stark departure from traditional data exploitation by ensuring users are compensated for their information. With its seamless integration into Web3, OX facilitates paid commercial opportunities while prioritizing user control and consent, thus fostering a self-sustaining 'Personal Utility Economy'. Ox is not just redefining digital engagement; it's building a future where individuals hold the power to shape and monetize their own data in a decentralized economy.
Q2 2024, OX
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