Signaling my support for this proposal as I believe the decentralized data economy has significant room to expand into the future given data itself is the world’s most valuable and versatile commodity. Unfortunately to date, monetization of data has been largely captured by centralized intermediaries, and people will only become more aware of this and prefer decentralized solutions, leading to opportunities for investors/speculation. I think the DATA index would make a perfect addition to the DeFi index (DPI) and Metaverse index (MVI) as they are very different domains.
One aspect that stood out from this proposal is the selection of industry leaders within each industry vertical as data has many applications: oracles (LINK), data storage (FILE), indexing (GRT), advertising (BAT), livestreaming (LPT), tokenization (OCEAN), machine learning (NMR), VPN (OXT), prediction (REP). I think this is the right approach to take as holders of such industry leading projects who want exposure to the broader decentralized data economy (initial targeted users of this product) would be unlikely to want exposure to less adopted competitors within their vertical. I can state for at least the Chainlink community, I know that this would be the case. A broad data application index is best approach and glad to see that here, excited to see this launch in the future.