Introducing MetaMirror
Auth3 Network was founded with the vision of turning data into an asset. An asset that you can invest with and extract profit from, without compromising data privacy. Oasis Labs’ blockchain-based ecosystem supports both secure computation and immutability. It is a perfect infrastructure to build our vision on. Together, we will drive the merging of the digital and physical world.
— Ryan Y., COO and co-founder of Auth3 Network
Data is a profitable asset. But the current legal and technological system can’t protect people’s rights towards their data assets. As a result, our valuable data is either siloed or harvested by those who shouldn’t have any rights to it.
Auth3 Network and Oasis Labs will soon change this situation by launching the first data as an asset infrastructure on the blockchain: MetaMirror.Through MetaMirror, we unify digital and physical assets for the first time in human history. It is the crucial foundation of the Metaverse, a new world where the physical and digital assets coexist. Join us today, mirror your Web 2.0 data into Web 3.0 data assets, shape the future with your data under free will, and get paid for your contributions. And, through all this, you maintain privacy and full control of your sensitive personal data.
Meet MetaMirror
MetaMirror is the foundation of Metaverse. It is a gateway between Web 2.0 and Web 3.0. Through MetaMirror, your Web 2.0 data can be used to construct mirrored data assets on Web 3.0. These data assets will be further used to earn you income in the Web 3.0 world.
MetaMirror unifies digital and physical assets. And just like all other assets, owners retain full rights towards their data assets. This includes not only the right to manage data usage, but also the right to extract profit from it. The data asset is stored in Parcel, a privacy-preserving blockchain storage and computation infrastructure. You can manage how your data asset is being used by reviewing the compensation terms of data projects and contributing to the ones of your option. You also can choose to support the science fields you are interested in by granting them compute access to your data asset, and become part of human’s data-driven innovations.
All data can be assetized. But getting to this vision requires contribution and involvement from all individuals in the community. This is why we begin the journey by focusing on social media data, the asset that we all own but take for granted.
Meet MBuddies
MBuddy is your entry ticket to the Metaverse. It’s a private Web 3.0 identity portrait mirrored from your social media data and your entry ticket to the Metaverse. At its core, MBuddy is a collection of your personal traits stored on blockchain in the text form. We call these traits attributes. The attributes are openly defined by the community. They’re extracted from the data you upload within a secure computing enclave, and securely stored on Oasis’s privacy-preserving blockchain. No one can access the raw data or the computed attributes except you–not even the data storage and computation service providers.
MBuddy bootstraps your Web 3.0 identity from your Web 2.0 data, serving as a bridge between the two internet versions. It uses your information in Web 2.0 to construct a mirrored version of you on the blockchain. This mirrored version of you is called your MBuddy. You use your MBuddy to engage in the Web 3.0 world.
To give an example of Web 3.0 engagement, a musician may want to issue NFTs to reward the fans for spreading a music piece. In this case, the musician first defines an attribute to indicate the level of contribution a fan has. This attribute can be computed on both public and sensitive data, such as the retweets, private chat messages referring to the music, numbers of plays generated through one’s social media spreading and more. Then, the musician defines an NFT issuance policy to grant a higher chance of minting scarce NFTs to those with a high contribution attribute value.
MBuddy transforms your Web 2.0 data into Web 3.0 assets and serves as a defender of your data rights. Through MBuddy, you recover your right in choosing where, when and how your data is used. Another important right is that of extracting profit out of your own data.
In the past, companies extracted profit through amassing, trading, and computing on sensitive personal data. This is an invasion of the data rights of the people. We change this situation into a personal investment scheme where MBuddy owners extract profit from their own raw data. After reviewing the compensation terms of a data-driven project, MBuddies can choose to opt in by granting the project a temporary compute right on their social media data. Notice that the compute right is different from reading right and copying right. The computation is conducted in a privacy preserving way, meaning that your sensitive data isn’t revealed to anyone.
How it works
There are two tiers of data involved in MBuddies, the raw data and the MBuddy attributes. MBuddy attributes are derived from raw data through community-defined algorithms. Both tiers are securely handled.
Raw data is stored and computed in Parcel
Parcel is a privacy-preserving blockchain storage and computation infrastructure developed by Oasis Labs. The raw data that backs up your MBuddy is stored in it with hardware-level privacy protection. Computation jobs will be performed in Parcel upon your authorization. The end result of a computation job becomes an attribute of your MBuddy.
MBuddy Attributes are stored on the Oasis blockchain.
Oasis blockchain is a privacy-preserving blockchain, meaning that your MBuddy can’t be viewed by anyone. You can grant access to some of your attributes to the projects of your choice.
Your privacy, your choice
Attributes are defined by the community based on project needs. After that, the project invites you to both 1. generate the attribute and 2. grant the project smart contract to compute on your attribute. Notice that MBuddy requires separate confirmations for generating attributes and using attributes. This ensures no information is accidentally leaked out against your will. You can also browse the list of attributes and projects to explore suitable earning opportunities.
For example, an animal rescue may have a demand to evaluate the compatibility of adoption families and animals. Traditionally, this requires revealing the personal information of all household members and a lot of repetitive work. Using MBuddies, the rescue can now define attributes to output numerical indexes of the level of suitability between a family and an animal. Then, the rescue invites those who are willing to adopt animals to participate in the project. Only the suitability attributes will be used for evaluation, leaving the household’s private information untouched.
What can you do with MBuddy?
MBuddy has numerous use cases. Here are a few examples of combining Web 3.0 engagement, personal portrait, and social media.
- Privacy-preserving targeted marketing
- Decentralized community management
- Decentralized compensated news propagation
- Audience insights extraction
- Train machine learning models
- Complicated NFT release based on audience data
- Games developed based on player’s personal traits
- On-chain 3D gallery with personalized art piece explanation
- Privacy-preserving recommendation system
MBuddy is derived solely from social media data. But we will soon expand to support other data types. Please follow us on social media and comment on what innovative use cases you would like to see next.
We will reveal the MetaMirror roadmap as well as the first secret project on the MetaMirror website soon.
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