Overview
Founded by Matthew D’Amour, Data Daddy Inc. aims to disrupt the data economy by enabling mobile users to manage and potentially monetize their personal data. With an innovative mobile data wallet and a proprietary authentication protocol, the company provides a platform where users can securely store personal information and easily share it through QR codes or data exchange IDs. Data Daddy Inc. emphasizes user ownership of data, with no collection or resale of user data.
Unique Aspect
The unique aspect of Data Daddy Inc. lies in its approach to personal data management, offering a secure way for users to store and share their information while retaining full ownership.
Approach to kick off
The business started with a vision to disrupt traditional data management practices, leveraging the founder's expertise in cybersecurity and decentralized systems.
Scoop
Business Model ViabilityThe business model, focusing on user-controlled data management and potential monetization, taps into the growing demand for data privacy and security.
Future Projections
Plans to expand the use cases for its technology, targeting areas like eVisa, healthcare records, and esports biometrics, while exploring the potential for transparent data monetization.
Startup Stats
📊 ARR: $60,000
📈 MRR: $5,000
🚀 Startup Costs: $60,000
👥 Team Size: 3
🌍 Market: Targets the 4 billion mobile internet users for personal data management and monetization
👨💻 Users: In the alpha tester phase with early support program
💰 Funding: Bootstrapped, initial startup costs of $60,000
👨💼 Founders: Matthew D’Amour
Related summaries: