📬
Sign up for the Product Hunt Daily
Every Monday - Friday, your daily dose of the very best of Product Hunt

Product Hunt Daily Digest
December 6th, 2019
Brought to you by 

Here’s a thought: Would you sell your own data if you could make $$$? 🤔

Delphia, a new Toronto-based (and Y Cominator-backed) fintech startup that lets people invest in the stock market using only their data, thinks you would.

How it works: Delphia was founded on the idea of collective action. Users connect their personal information — location data, social media accounts, shopping data — to Delphia and answer daily questions about their behavior for the company to analyze. All data is consensually shared and Delphia then makes strategic picks in the stock market on behalf of its users. The company will collect fees and then redistribute half of those back to users sharing their data in exchange for investments, but users don’t have to actually contribute any money to participate.

But in order for the idea to work, there needs to be a critical mass of users sharing their data, and Delphia is aiming for 100,000 folks before “officially” launching their app. 👀

So how much money could you theoretically make through Delphia? The answer depends on a combination of the uniqueness of the data you contribute as well as the quantity.

While current financial systems rewards having valuable information that others do not and those who have more capital, Delphia believes they’re exploiting a “glitch” in the system.

“The entire system is built on predicting the future. On betting whether a company will rise or fall, or whether we will or won’t buy. It’s built on betting where the money will flow nextWhich is interesting when you consider that GDP – the measure of a country’s economic growth – is mostly (68%) made up of consumer spending. Said another way, the things that you and I do with our money, are the questions of greatest importance to those in power.- Delphia CEO Andrew Peek 

🚨2019 Wrapped by Spotify is HERE

"Apparently my 4th favorite genre is 'meme rap' and I don't know how I feel about that."

PROMOTED 
Ship.com
Ship.com automatically tracks your online orders and gives you real-time package updates. Share package notifications individually or in a group and never hear, “Where’s my stuff?”, again.
Newsletter SponsorBrought to you by 

We’ve all been there: you’ve finally landed a new apartment or home, and you’re ready to sit back, relax, and spend a few hundred at Ikea. Unfortunately, signing up for renters or home insurance is one of the most important parts of relocating, and the process is painstakingly frustrating. To start, the average homeowners’ premium  went up in 2014 and again in 2015, and those numbers show no signs of slowing down.

Luckily, there’s a company working to make homeowners’ and renters’ insurance affordable and accessible. Lemonade is disrupting the traditional market with custom plans for a fraction of the cost of typical insurance bundles.

For one thing, Lemonade’s base price for renters’ insurance is up to 68% less than the average cost of insurance from large competitors. If you want to add  Extra Coverage for valuable items like jewelry or electronics, you can do it with a few taps on your smartphone through  Lemonade’s Live Policy. Your policy will update in seconds, and you’ll never pay for coverage you don’t need.

Get the best new products in your inbox, daily.