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Reklaim Ltd V.MYID

Alternate Symbol(s):  MYIDF

Reklaim Ltd. is a Canada-based consumer-focused data company. The Company is engaged in offering compliant, first-party data to Fortune 500 brands and agencies, platforms, and data companies through which it allows consumers to visit the platform, confirm their identity and unveil data that has been collected and sold on them for years without the consumer's explicit consent. It enables consumers to take back control of this data by setting up a Reklaim account where, should they choose to, consumers can be compensated for using their data or protect it via a suite of privacy tools. The Company's platform offers various data segments, which includes household information, interests, traits, reading preferences, watching preferences, donation history, and financial information. It reveals various attributes based on the amount or variety of regular Internet activities of the consumers, such as reading articles, shopping, managing finances, and streaming platforms.


TSXV:MYID - Post by User

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Post by StockHawk1on Feb 14, 2022 3:07pm
69 Views
Post# 34427328

What $MYID's Q4 21 can tell us about $MYID and big data

What $MYID's Q4 21 can tell us about $MYID and big data

Meta Platforms Inc ($FB) recently posted disastrous Q4 2021 results. 


$FB blamed privacy safeguards from Apple which made it harder for advertisers. The safeguards allowed Apple users to block some tracking of their internet data. (source: https://www.reuters.com/technology/metas-miss-creates-big-tech-divide-whos-got-data-2022-02-03/)


Personally I think that this news underscore internet users' growing agency over their own data. it also supports Reklaim ($MYID.V/$MYIDF) as an investment IMO because it shows the value of consensually collected data to advertisers.


If  you haven't heard of $MYID before it is a tech company whoes main asset is an app which shows users how much their data is being collected & sold for by third parties and compensates users for their data through gift cards, donations, and digital assets.


By doing this $MYID can consensually collect data to sell to advertisers, creating a win-win-win that will not be subject to Apple's or other' privacy blocks.


Right now $MYID is trading stable at $0.25, MC is $16.844M

 
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