Key Participants (By Role)
Infrastructure Providers (Node Operators, Service Providers)
Node Operators
- Responsible for transaction validation, block production, and hosting storage on the DEAP Network.
- Roles include checker nodes, container nodes, indexers, and more.
- Rewards (in tokens or similar incentives) are granted based on uptime and verifiable operational performance.
- Penalties such as partial stake slashing may be imposed in cases of misconduct or prolonged downtime.
Service Providers
- Install IoT devices or sensor equipment in the field to directly collect activity and environmental data.
- By uploading the collected data to the network, they earn rewards as data providers.
- Typical use cases include deploying devices in smart homes, public areas, or commercial facilities to collect localized data.
Infrastructure Users (Businesses and Individuals Utilizing the Data)
Data Consumers (Businesses)
- Organizations such as HR firms, healthcare providers, advertising and marketing agencies, research institutions, government bodies, and insurance companies analyze and utilize activity, location, and consumer preference data.
- When purchasing data, these entities acquire access rights through smart contracts and pay the data owners (individuals or companies) accordingly.
- They can integrate this data into aggregation systems and machine learning models to drive new product development and improve existing services.
Data Providers (Individuals)
- Individuals record their activity data (e.g., health, learning, social media activities) and grant viewing rights as needed.
- They maintain ownership of their data while earning rewards.
- The system supports “selective disclosure,” enabling users to share only specific data with third parties while safeguarding their privacy.
- Users can also track which entities are using their data.
Developers (Engineers Developing Applications)
DApp Developers
- Build new services and applications on the DEAP Network using its APIs and smart contracts.
- Capable of developing dashboards for visualizing activity data, analytical tools, P2P matching platforms, and more to support a wide range of use cases.
SDK & Tool Developers
- Enhance APIs and SDKs to create a developer-friendly environment for building applications on DEAP Network.
- Provide libraries that simplify integration with decentralized storage and extend functionalities for index nodes, thereby supporting overall ecosystem growth.
Investors & Community Participants
Token Holders & Investors
- Existing DEP holders on Ethereum can participate as network validators through bridge staking, which locks DEP on Ethereum while simultaneously staking on DEAP Network.
- These investors help provide the project’s initial capital and liquidity while earning rewards as validators.
- They also obtain governance voting rights to influence protocol updates and parameter changes.
Node License Holders
- Users holding node licenses are empowered to operate nodes directly or delegate node operations.
- DEP tokens staked via bridge staking are delegated to node license holders for network operations.
Community Members
- Contribute to the promotion of DEAP Network through activities such as organizing events, translating documentation, and providing user support.
- Participate in protocol improvements through proposals and discussions, and contribute bug reports and feature ideas.
Incentive Design
Rewards for Node Operators and Device Installers
Block Rewards & Transaction Fee Distribution
- Validator nodes receive base rewards when generating blocks. In a PoS system, validators are selected based on their stake and other criteria, and rewards are distributed to nodes that perform honest validations.
- A portion of transaction fees and data access fees paid by network users is allocated to participating nodes.
Data Collection Rewards for Device Installers
- Participants who install IoT sensors or wearable devices to collect activity and environmental data are rewarded based on the data uploaded to the network.
- For example, devices deployed in smart homes, public areas, or commercial facilities collect localized data, and rewards may vary according to node uptime, data volume, and data quality.
Incentives for Users (Data Providers & Consumers)
Monetization Opportunities for Data Providers (Individuals)
- Individuals can securely upload their activity data (e.g., health, learning, social media activities) and grant access as needed, earning compensation in tokens or fiat currency.
- Smart contracts enforce selective disclosure (revealing only specific data while protecting privacy) and ensure that users are fairly rewarded for providing their data.
Benefits for Data Consumers (Businesses)
- Businesses, research institutions, and organizations can access reliable, tamper-proof activity, location, and consumer preference data, which can improve analytical accuracy and service quality.
- When data is purchased, access rights are acquired through smart contracts, and data owners are compensated, making it easier for companies to manage data costs and risks.
- This data can also be integrated into aggregation and machine learning models for new product development or service improvements.
Incentives for Developers & Community Participants
Developer Reward Programs & Ecosystem Funds
- Developers who contribute to building new DApps or infrastructure components are rewarded through token grants or financial incentives.
- An official grant program supports the creation of useful tools, libraries, and UI/UX improvements.
Community Contribution Visibility & Token Distribution
- Contributions such as bug reports, governance proposals, and promotional activities are tracked and rewarded based on scoring or voting mechanisms.
- Rewards may include not only tokens but also non-monetary incentives such as priority in development requests within the project.