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A comment on A $100k Prize for a Decentralized Inflation Dashboard. Parent comment

Re:A $100k Prize for a Decentralized Inflation Dashboard by gruez on Thursday August 05, 2021 @06:31PM (#28080897)
>* offer integrations into various relevant systems

What's your moat here? What's preventing a competitor from using the blockchain data you published to make their own product?

>* ability to build custom baskets and/or change the weighting of different categories

Considering that the data is public, that seems easy to do. See also: above comment about moats.

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Re:A $100k Prize for a Decentralized Inflation Dashboard by sparkling on Thursday August 05, 2021 @06:33PM (#28080925)
If it has a good enough UI, people will pay, just like anything else. Not everybody wants to build their own scripts around the data, even if its free.

Obviously this is not a billion dollar idea, but it sure could bring in some $ to pay for a full-time developer or two and still make a little profit.

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Re:A $100k Prize for a Decentralized Inflation Dashboard by gruez on Thursday August 05, 2021 @06:41PM (#28081006)
> If it has a good enough UI, people will pay, just like anything else. Not everybody wants to build their own scripts around the data, even if its free.

Then a big corp comes up with their own offering and steamrolls you with their lower prices, integration with their existing products, and better engineering/sales staff. See for instance, mongodb and elasticsearch.

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