Economic model
From an authorized contribution to an economic asset
Data does not have a guaranteed unit price. Value may arise from freshness, quality, coverage, uniqueness, utility, legal rights, verification, buyer demand and reproducibility. Processing and customer acquisition also have costs.
Distinct cash flows
| Activity | Who pays? | What is received? |
|---|---|---|
| Data licence or research service | Commercial customer | Permitted use of an asset or an analysis |
| Contributor payout | Operating entity under contract | Contributor receives a defined entitlement, if earned |
| Investment subscription | Eligible investor | An independently defined security issued lawfully |
| Investor distribution | Issuer, after applicable approvals | Cash or other entitlement only if legitimately declared and funded |
Investment subscriptions are not sales revenue. A simulated wallet balance is not a verified bank receipt. An issuer's hypothetical margin is not necessarily distributable profit.
Valuation principles
An asset-based valuation may examine real licence agreements, cash flow, market comparables, replacement cost, quality of rights, expiry, concentration, defects and independent performance evidence. Any valuation should include sensitivity analysis; a proposed asking price is not a verified market value.
Fee transparency
The dossier considers a commercial data-rights fee of 2.9% plus C$0.30 per transaction; this remains a proposal, not an adopted public tariff. Payment-processor fees and exchange fees must be distinguished. Microtransactions can be uneconomic under per-transaction minimums.
What would prove the model?
Repeat customers, independently reconciled collections, qualified products with enforceable usage rights, transparent cost allocations and actual contributor payouts—not just impressive laboratory counts or projections.