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Bullboard - Stock Discussion Forum Reklaim Ltd MYIDF


Primary Symbol: V.MYID

Reklaim Ltd. is a Canada-based consumer data and privacy provider. 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... see more

TSXV:MYID - Post Discussion

Reklaim Ltd > What $MYID's Q4 21 can tell us about $MYID and big data
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Post by StockHawk1 on Feb 14, 2022 3:07pm

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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