Introducing MyStandard

MyStandard is a decentralized data marketplace designed to connect organizations and individuals directly, eliminating brokers and intermediaries from the data exchange process. By compensating users for instantly sharing their data, MyStandard enables organizations to access high-quality, verified information faster and more cost-efficiently than ever before. Its first implementation revolutionizes the talent acquisition industry, allowing companies to make targeted data requests while individuals maintain full ownership and control over their personal data — turning what was once a slow, risky, and expensive process into one that is secure, efficient, and mutually rewarding.

Built on decentralized technologies, MyStandard ensures privacy, transparency, and security for all participants. Sensitive user data is stored using private-key infrastructure and decentralized storage, minimizing risks of data breaches and corporate liability. Payments and transactions occur seamlessly through the $MYST token on the Avalanche C-Chain, creating a global, verifiable system for data exchange. This model not only reduces costs and enhances trust but also incentivizes organizations to validate data, strengthening the overall network and redefining how personal data powers modern business operations.

Features & Products

• Data Marketplace: A decentralized platform where organizations buy verified user data directly from individuals using $MYST tokens, eliminating intermediaries and ensuring fair compensation.
• Data Blocks & Stores: Users organize their data into “Blocks” (e.g., contact info, work history, skills) within themed “Data Stores” like Talent Acquisition, Real Estate, or Medical Records. Each Store is owned by a business partner and generates shared revenue between the Owner and MyStandard.
• User Control & Privacy: Users decide which data to share, when, and with whom. All data is encrypted, stored on IPFS/Filecoin, and accessed only via user-approved private key mechanisms.
• Talent Acquisition Data Store: A live proof-of-concept where users can sell professional data blocks (contact, education, skills, etc.) to hiring organizations. It streamlines recruitment by enabling targeted, bias-minimized searches.
• Pay-Per-Candidate Model: Organizations only pay when users agree to share their data, reducing hiring costs and removing expensive recruiter fees or long-term contracts.
• Timed Incentives & Speed: Time-limited offers motivate passive candidates to respond quickly, helping organizations fill roles faster and more efficiently.
• Bias-Reduced Matching: MyStandard enables organizations to filter candidates purely by skills and qualifications before any personal data is revealed, minimizing bias in early hiring stages.
• Search and Match Engine: Organizations use filters like skills, experience, and location to see how many users fit their criteria before initiating data requests.
• Decentralized Infrastructure: Built on Avalanche for payments and Filecoin/IPFS for storage, ensuring security, scalability, and transparency while reducing liability risks.
• White-Label Integration: Businesses can create their own branded sections (“white label apps”) on MyStandard, manage Data Stores, and co-market with MyStandard to attract users.
• Staking & Rewards System: Organizations validating data or holding $MYST tokens gain search credits and bonuses, strengthening the ecosystem’s data quality and token utility.

Revenue Streams

• Data Transaction Fees: MyStandard earns a platform fee from each data transaction between users and organizations, with the rest paid to users.
• Data Store Partnerships: Partner organizations pay revenue shares to MyStandard for owning or licensing industry-specific Data Stores.
• White-Label Solutions: MyStandard generates income by providing customizable, branded platform integrations to corporate clients.
• Enterprise & Validation Incentives: Organizations validating user data earn $MYST, driving ongoing token demand and repeated platform use.

Tokenomics

• Token Ticker: $MYST
• Token Standard: ERC-20
• Network: Avalanche
• Total Supply: 1,000,000,000

$MYST Token Utilities

• Data Transaction Currency: $MYST is the native payment token used by organizations to compensate users for sharing their data through verified, secure transactions on the MyStandard marketplace.
• Reward Mechanism for Users: Users earn $MYST tokens each time they share or validate their data, encouraging more complete and high-quality data profiles across the network.
• Data Request (DR) Payments: Organizations use $MYST to buy Data Requests, which allow them to access specific user data blocks. Tokens are locked until the transaction is completed to ensure fair exchanges.
• Custody Architecture for Businesses: MyStandard manages $MYST holdings for organizations through a secure custody system, removing the need for companies to handle private keys or crypto directly while maintaining instant product access.
• Market-Driven Token Flow: Tokens enter circulation only through successful data transactions — organizations purchase $MYST from the open market, and tokens flow to users, maintaining a healthy and transparent ecosystem.

Team

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