Why MYRAD
MYRAD transforms how data is owned, priced, and distributed.
Why This Approach
Traditional data marketplaces rely on centralized pricing and access systems. MYRAD eliminates the middleman by:
- Tokenizing datasets as ERC20 DataCoins
- Using automated market makers (AMM) for price discovery
- Enforcing access through token burning and JWT authorization
This enables a trustless, transparent, and fair data economy.
Why Us
- Initial liquidity: We provide seed liquidity for creators to kickstart trading
- Fair economics: 0% buy/sell fees, with a 5% supply allocation of each data coin
- Fully decentralized: No central authority or custodian
- Transparent pricing: Automated liquidity pools define fair value
- Creator empowerment: Data owners earn directly from trades
- Security-first design: OpenZeppelin-audited contracts and JWT-controlled access
- Composable infrastructure: Built for integration with DeFi and Web3 ecosystems