# IIP-55: Data Economy Index (DATA)

**URL:** <https://gov.indexcoop.com/t/iip-55-data-economy-index-data/1894>\
**Category:** Proposal\
**Tags:** IIP\
**Created:** [7 July 2021 03:41 UTC](https://gov.indexcoop.com/t/iip-55-data-economy-index-data/1894 "2021-07-07T03:41:26Z")\
**Posts on this page:** 1\
**Showing post:** 22

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**Author:** ![corbpage](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/corbpage/32/1223_2.png) [@corbpage](https://gov.indexcoop.com/u/corbpage)\
**Post date:** [8 July 2021 16:31 UTC](https://gov.indexcoop.com/t/iip-55-data-economy-index-data/1894/22 "2021-07-08T16:31:27Z")

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I’m in **strong support** of this index and know institutional investors that would value a product like this.

This is the type of forward-thinking index that DeFi needs!

For my prior thoughts, see this post:

> [@Request for Comment: Data Economy Index (DATA) Updates](https://gov.indexcoop.com/t/request-for-comment-data-economy-index-data-updates/1759/28):
>
> Hi frens, wave New poster; long-time fan of the Index Coop project. I wanted to chime in and voice my strong support for the Data Economy Index. musclewhite_check_mark We at ConsenSys Codefi work with a lot of new DeFi users both retail and increasingly institutional (see [MetaMask Institutional](https://metamask.io/institutions)). New DeFi users are well versed in the big crypto trends (DeFi, NFTs!, Data Economy, DAOs) but they don’t have the expertise to research hundreds of tokens and make the right plays. They want an…

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_[View the full topic](https://gov.indexcoop.com/t/iip-55-data-economy-index-data/1894)._