A new crop of new blockchain projects plan to bring tokenization and decentralization to the dating economy (now a $3bn industry), hoping to confirm user identity, secure user data, and align participants' dating incentives.
If the prospects like each other, the matchmaker gets a reward through its token system. And, should the couple eventually commit to marriage, the matchmaker earns a larger reward. Ponder is also working on a group matchmaking feature, which would allow for the creation of sub-groups that could be based on shared values or interests. As to the merits of using and applying blockchain technologies for dating and matchmaking industry, Siim Õunap, an FX and cryptocurrency markets trader, remarked: “Not many things need more protection than information about your private life. There is no better way to protect your data than by using the blockchain.”