Constellation Networks’ Hypergraph Hour Episode 34: A Deep Dive

In the 34th episode of Constellation Networks’ Hypergraph Hour, CEO Ben Jorgensen and CPO Michael Brand introduce the Dôr Traffic Miner, a new mining device born from Constellation’s acquisition of Dôr Technologies. This device allows anyone to earn crypto in exchange for foot traffic data.

Introduction to Dôr Traffic Miner

The Dôr Traffic Miner (DTM) is a device that mines valuable data from foot traffic. The device is a peel-and-stick device that you stick above a doorway. It operates on a battery and the depth of data it provides depends on how much insight and accuracy the user wants to provide. The devices are starting at five thousand dollars a piece and will be available for pre-sale on January 18th on the Lattice Launchpad. The first devices will be shipped in Q4 2022 via the Data Mining Platform.

Data Mining Platform

The data mining platform is a web 3 based platform that allows mining data from any kind of data source. The platform is flexible and will have all kinds of different data sources. All these sources will be approved by Constellation Networks. The platform will also have a bounty system where people earn rewards for the data they mine. All the rewards will be distributed via this bounty system and will be paid in DAG. A single miner can earn multiple bounties at the same time.

NFT System

The NFT system is a key part of the entire system. The NFT is not only a receipt for your purchase of the data source but also your access to the mining platform. In the future, any other source that Constellation Networks comes up with or if they start releasing even more DTMs, they will have associated NFTs.

Bounty System

The bounty system is a way for people who want data to show how valuable it is. For example, there might be a bounty for any doorway. If you get foot traffic from any doorway, there will be a bounty and reward system in place. There might be an additional bounty for retail shops. So, a DTM can receive both of those bounties and earn from multiple sources.

Data Token

In addition to the bounty system, miners will also receive an additional token called a data token. This is a governance token for the platform and will be earned alongside any DAG that the miner earns.

Conclusion

The Dôr Traffic Miner and the data mining platform are the first steps in creating valuable data sources. The bounty system allows the miner to control who’s buying their data and creates a lot of transparency in this space. The goal is to make it easy for people to navigate the Constellation ecosystem and to make it around hardware and data mining.