What is the cost of your data? Experts have already calculated.

Egor Perezhogin
Prom
Published in
2 min readMay 30, 2019

Our personal data has become a currency, in exchange for which we receive products and services, such as the ability to use Instagram, Facebook, Google, etc. These companies collect information and sell it to third-party without the users’ permission. Most of us don’t understand how much data they generate. However, anyone can download their data and estimate its volume. Here’s how to do it on Facebook.

Click here
Choose what sort of information you are going to download
You will get a zip folder. There are HTML files inside: your messages, likes, locations, calls, payments, etc.

Instead of hysterical about the inevitable leakage of information, you can learn how to monetize your data. How profitable is this? According to JPMorgan Chase, the data of one person is $ 4 for Facebook and $ 24 for Google. In other words, this sum will be paid, for example, the Adidas marketing department. The Russian Internet Initiatives Development Fund has calculated that an ordinary person will be able to earn up to a thousand dollars a year from selling their data. If you are a millionaire, a musician, an artist, an influencer, you own property, a yacht, a car, you are going to get married, you have many children, then your data will be much more expensive. You can approximately assess your data using the Financial Times calculator.

Prometeus Network will allow you to maximize the benefits of using your data while ensuring their 100% security.
You simply upload your data to our network. This information will be securely encrypted. You provide the decryption key to data buyers of your choice. No other company will receive your data.

Follow the Prometeus news and subscribe to our social channels: Tg, Tw, In. There are a lot of interesting ahead. Next articles will contain details about our tecnology and analytics about data brockage market.

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Egor Perezhogin
Prom
Writer for

Senior Project Manager & Chief Editor at Blockchain Startups | Credits, Promeθeus labs, W12