The EQITII Marketplace, will run and be supported by the EQITII Foundation, will implement the Data Marketplace Distributed Blockchain. The EQITII Foundation is committed to the following principles:
- THE RIGHT to control the use of data in a secure, private and fairly compensated manner
- THE RIGHT to easily trade Data Rights in an efficient and secure manner globally
- THE RIGHT to permanent control over Data Rights and immutable records of the use of the data
The EQITII Foundation governance will be run as an Open Source Foundation with a transparent structure and operating model. The structure will leverage a leading international open source licensing foundation and adheres to clear and transparent bi-laws and operating principles. Establishing the EQITII Foundation in these terms will ensure lasting credibility and security.
The leadership is composed of the Board of Directors, the Management Team and the Advisory Board.
The EQITII Marketplace Foundation will possess sizeable monetary assets generated by a planned Token Launch. These assets will be directed towards foundation operational investments and market investments to build a large and diverse community of data owners and data buyers.
Because the EQITII Marketplace will be free to use, the activities of the Foundation will be funded by EQITII Tokens.