Cambridge Analytica Had Plans To Launch A Token

Cambridge Analytica Had Plans To Launch A Token

Facebook and Cambridge Analytica screwed up big time. The last month’s revelations came in times when the public is already alarmed about the gruesome tactics of technology giants. Yes, for those of us who grew up with internet browsing it barely came as a surprise but yet the majority of the population was somewhat caught off-guard.

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Facebook and Cambridge Analytica screwed up big time. The last month’s revelations came in times when the public is already alarmed about the gruesome tactics of technology giants. Yes, for those of us who grew up with internet browsing it barely came as a surprise but yet the majority of the population was somewhat caught off-guard.

We all had the feeling that we are closely monitored though Facebook never admitted that. Until now. It looks like geo-targeting is not a marketing tool anymore but rather a surveillance instrument. The more time passes by, the more Cambridge Analytica gains notoriety. Unfortunately, influencing voting decisions might just be the tip of the iceberg.

The data analytics company had plans to launch its own cryptocurrency, according to the New York Times. The digital token was meant to serve as a reward to internet users willing to give off their privacy. Luckily, the Facebook fiasco was eventually the end of it. What is even more frightening is that the ex-CA employee Brittany Kaiser revealed the company’s plans. She insists that the number of targeted accounts on Facebook exceeds the 87 million mark by a long shot. And if that is not enough, Cambridge Analytica has used several quizzes to harvest data, Kaiser claims.

Before leaving Cambridge Analytica in February, Brittany Kaiser was the one pulling the strings on the coin offerings business. It is rumored that the political influencer company has been in talks with many cryptocurrency developing teams. Now prepare for the frustrating news. Kaiser admits that at one point CA proposed paying people in a distanced regions in Mexico in exchange for participating in its surveys. The ultimate goal behind the stunt was to use the collected data during political campaigns at a later stage. Quite a useful exercise we have to admit.

One of the potential cryptocurrency partners of Cambridge Analytica has been Dragon Coin. Dragon Coin itself was initially designed for the gambling needs of Macau island enthusiasts. Rumor has it, the token was financed by Broken Tooth (Wan Kuok-koi) which in turn is the leader of the 14k triad. Needless to say, Dragon Coin insists it has nothing to do with the mafia even though NYT documents point in the oppositedirection.

The whole fiasco seems to have triggered an irreversible chain of events. But hey politics and mafia have been around since the ancient times.