Bolu🐱
@boluisbased
Imagine a world where accessing and using crucial data isn't a headache. This is what @Finisterralabs is looking to achieve with @Baselightdb. Baselight, a decentralized data marketplace and analytics platform designed to break down data silos #DataDecentralization #Web3 . A 🧵
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Bolu🐱
@boluisbased
In pursuit of this goal, @Finisterralabs recently secured $3.75 million in seed funding for @baselightdb, with @Haunventures leading the round and @Lightshift_xyz participating
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Bolu🐱
@boluisbased
Currently, structured data lives in fragmented silos. It's often expensive to access, and if you're a data creator, monetizing it is a complex puzzle. Baselight aims to solve these issues, dismantling the barriers to data accessibility and monetization. How you may ask? @Baselightdb lets you easily query diverse datasets, run complex computations without needing to manage infrastructure,and directly monetize your data. Think of it as a one-stop-shop for all your structured data needs.#DataAnalytics #DataMarketplace #DataScience
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Bolu🐱
@boluisbased
This isn't just about making things easier. @Finisterralabs has big plans for @Baselightdb. They see it deeply integrating into key sectors like AI, finance, and blockchain, unlocking new levels of data accessibility and utility. For AI, Baselight could provide a vast, easily accessible pool of training data. In finance, it could streamline data analysis and risk assessment. And in blockchain, it could enable more transparent and efficient data sharing.
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Bolu🐱
@boluisbased
The platform's ability to allow computation directly within the data market removes the need to copy large datasets, which can be expensive and time-consuming. This increases efficiency and lowers costs. @Baselightdb empowers data creators and consumers alike. It's about giving everyone the tools they need to unlock the true potential of structured data. The seed funding led by Haun Ventures, shows great confidence in @Finisterralabs vision for Baselight.
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