AFFORDABLE DATA LAYER FOR THE AI AND FINANCE FRONTIER ON PEAQ
Teneo is a groundbreaking decentralized data infrastructure Layer that’s transforming how industries access and utilize real-time social media insights. By tapping into individual users’ social media access through decentralized community nodes, Teneo can bypass traditional API restrictions and offer cost-effective, immediate data access from platforms like X and Reddit. Positioned at the intersection of AI, finance, and market analysis, Teneo empowers clients with affordable, high-value data insights—a rare asset in today’s data-driven economy.
WHY WE INVEST IN TENEO
Teneo brings a unique solution to a rapidly growing need for affordable, real-time social data insights—a necessity for industries such as AI, finance, and market analysis, where data-driven decision-making is paramount. Traditional social data acquisition methods, like costly APIs from X with strict access limitations, present significant barriers for businesses that require frequent, large-scale data pulls. Teneo’s decentralized community nodes tackle this challenge head-on by utilizing individual users' access through browser extensions, enabling data acquisition at a 90% lower cost compared to conventional methods. This disruptive model not only reduces operational expenses for clients but also democratizes access to valuable social insights, leveling the playing field for startups and established enterprises alike.
Teneo’s approach is distinguished by its focus on compliance and scalability. Unlike typical scraping services, Teneo operates within platform rules by relying on logged-in user sessions, which sidestep rate limits and API fees legally and securely. This innovative, scalable architecture positions Teneo as a long-term solution capable of handling high data demands without the volatility and risks associated with centralized APIs or opaque scraping services.
Moreover, Teneo’s multi-faceted business model, which includes tokenized rewards for community participation and a flexible, competitive pricing structure, incentivizes user adoption and reinforces Teneo’s data network. By rewarding participants with Teneo Tokens, Teneo builds a self-sustaining community of data contributors, enhancing the breadth and quality of its dataset while expanding its user base through a gamified referral and rewards system.
Key Team Members:
- Leroy Hofer - CEO & Co-Founder
He is a serial entrepreneur, co-founded ELOOP together with Nico and Frederic before Teneo.
- Nico Prugger - CFO & Co-Founder
He co-founded ELOOP together with Leroy and Frederic. Before ELOOP, he worked as a business excellence consultant in Liechtenstein.
- Frederic Nachbauer - CTO & Co-Founder
Before ELOOP and Teneo, he was a lecturer in Hochschule Luzern(HSLU), offering lectures specialized in social media marketing.
We are excited to support Teneo as the first data layer on peaq, as we continue to expand our investment within the peaqosystem. With a strong team, robust technology, and a clear vision, Teneo is set to enable the DePIN sector with its data superpower.
For more information about Teneo and to explore potential opportunities, please visit Teneo’s website.
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