$1 To $1 Million

What Is Data Lake? (Deep Dive On LAKE Token)

Feb 8, 2025
In this conversation, Oliver Slapal, Co-founder of Data Lake and expert in simplifying medical data research, shares insights on revolutionizing the research process. He discusses the potential of their new platform, Lake.Fun, and its goal of enhancing patient recruitment. The talk also dives into the innovative LAKE token and its unique tokenomics designed to incentivize data contributors. Additionally, Oliver emphasizes the importance of specialized data for AI innovation and the project's plans to connect researchers with essential data sources.
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INSIGHT

Data Lake's Mission

  • Data Lake aims to streamline research by providing tools for easier, transparent, and legal data access.
  • It uses blockchain to ensure ethical data handling with patient consent and control.
ANECDOTE

Data Lake's Pivot

  • Initially, Data Lake aimed to collect patient data and find clients, but this proved challenging.
  • They pivoted to providing tools and services, including research projects for pharmaceutical companies.
INSIGHT

Market Size

  • The global medical data market was valued at $30 billion in 2021.
  • Data Lake aims to capture a significant percentage of this market.
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