Company & timeline
From incorporation to launch, with the source for every date.
Each date shows where it comes from: an official filing, a public post, on-chain data, or our own statement. Where only a company-stated date exists, we label it that way.
Mission & vision
Why IDIA exists
Our mission
Turn people from uncompensated subjects of the data economy into paid, legally defined participants.
We give individuals a way to capture their own data, attach a specific consent to it before it leaves the device, and license it to buyers through The IDIA Hub. When a buyer spends Synapse credits on that data, the contributor receives a Data Royalty in USDC plus IDIA Token.
Our vision
The Verified Truth Economy.
In the Post-AI Era, synthetic content is cheap and everywhere, so the scarce thing is no longer information but verified provenance. We picture an economy where data that real people chose to share, with a record of that consent, is the trusted input for AI and research, and where the people behind it share in its value.
The asset
The Universal Basic Asset (UBA).
The white paper sets the UBA against Universal Basic Income: an asset you contribute to, not a handout. Within IDIA it is a defined, administered asset class made only of the data individuals and businesses capture, verify and authorize for licensing through IDIA's apps. It is not a claim over the wider web, and it is not a share, deposit or guaranteed income.
Life by IDIA
The individual node, where people connect sources and set consent.
IDIA Pay
The business node for merchants. In progress, not yet live.
Preview IDIA Pay
The IDIA Hub
The marketplace where buyers license consented data streams.
What is a Verified Truth
A Verified Truth is data with its whole story on record.
A Verified Truth exists only once a piece of consented data has been aggregated, tagged, staged, referenced by a buyer, and its transaction recorded on Base in a Liability Receipt NFT. That record is the proprietary asset IDIA creates, and trading in it is what we call the Verified Truth Economy.
- 1
Aggregated
Life by IDIA
Your connected sources are gathered in the app.
- 2
Tagged
Life by IDIA
Each record is tied to your consent and its source.
- 3
Staged
Synapse Engine
Records are held with their consent hash, ready to offer.
- 4
Referenced
The IDIA Hub
A buyer spends Synapse credits on data that includes it.
- 5
On-chain
Base
The transaction is recorded in a Liability Receipt NFT.
A Verified Truth proves where data came from, who consented and that it was bought. It does not certify that the data itself is accurate, anonymous or safe for every use.
Company-stated definition. A proprietary IDIA record, not a patent or a claim over the data itself.
Company-stated aims, not results. Source: IDIA white paper, “The Verified Truth Economy” (updated October 14, 2026): Abstract, §3.4 and §13.1. Read the white paper
July 11, 2025
IDIA Data Inc. incorporated
The operating company behind Life by IDIA and The IDIA Hub is formed as a Delaware stock corporation (File Number 10257709).
Official filingDelaware Certificate of Incorporation, filed July 11, 2025May 1, 2026
Life by IDIA (iOS) and The IDIA Hub (web) published
Company-stated product release date. This is when we say the products were published. It is not the date of the public App Store announcement, which is listed separately below.
Company-statedCompany-stated release dateMay 13, 2026
IDIA DAO LLC formed
Wyoming Articles of Organization filed for the governance entity.
Official filingWyoming Articles of Organization, filed May 13, 2026May 13, 2026
IDIA Token contract deployed on Base
All 10,000,000,000 IDIA were created at deployment (Base block 45,953,693) and placed straight into five allocation vaults. The white paper describes this as a fixed supply. It happened the same day the DAO LLC was filed.
On-chainToken contract on BasescanMay 27, 2026
IDIA Token live on Uniswap
Public announcement that the IDIA Token can be traded on Uniswap v4 (Base). On-chain pool data shows the IDIA / USDC pool was created at 23:28 UTC on May 26, 2026.
July 8, 2026
Public App Store availability announced
Company LinkedIn post announcing Life by IDIA is available on the Apple App Store.
Public postCompany LinkedIn postJuly 28, 2026
IDIA Indemnity Reserve LLC formed
Delaware Certificate of Formation filed for the reserve entity.
Official filingDelaware Certificate of Formation, filed July 28, 2026
Pending
Not done yet
These depend on a condition being met, so they have a trigger instead of a date.
- Planned
When the DAO reaches 100 governance members
IDIA DAO LLC converts to IDIA DUNA
A DUNA (Decentralized Unincorporated Nonprofit Association) is a Wyoming legal form for nonprofit DAOs, and it needs at least 100 members. Members are wallets holding IDIA governance tokens. Until the DAO reaches 100, it stays a Wyoming DAO LLC.
Source: IDIA DAO LLC Operating Agreement (Art. 2.3, 3.1) and white paper §7.2
- Planned
Needs an IRS determination
501(c)(3) tax-exempt recognition
The Operating Agreement sets the DAO up only for charitable, educational and scientific purposes, and says no earnings can go to private people. The IRS has not recognized the DAO as tax-exempt, so this is a goal, not a status.
Source: IDIA DAO LLC Operating Agreement (Art. 1.4 and Art. II)
Our entities
Three entities, each with its own job
Formed July 11, 2025
IDIA Data Inc.
Operating company. Builds and runs Life by IDIA and The IDIA Hub.
Formed May 13, 2026
IDIA DAO LLC
Governance entity (Wyoming DAO LLC). Plans to become IDIA DUNA once it has 100 members. Its Safe owns the local DAO pools that receive the DAO share of settlements.
Formed July 28, 2026
IDIA Indemnity Reserve LLC
Reserve entity (Delaware), kept separate from the operating company. Holds the $0.25 set aside for every Synapse Credit used, which backs IDIA's Liability Shield promise to data buyers.
Leadership
The Team
“Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has.”
Chief Executive Officer
Eddie E. Elam Sr.
Over 15 years leading technology initiatives for Fortune 50 corporations, government agencies and regulatory systems such as the NCSBN. Has designed payment systems, data analysis tools and immersive media.
Chief Technology Officer
Dr. William Komp, Ph.D.
Ph.D. in theoretical physics. Uses his background in physics and mathematics to shape IDIA's data technology.
Lead Blockchain Development Engineer
Dr. Shawn C. Adams, Ph.D.
Cyber operations veteran, programmer and associate professor with a Ph.D. in Computer Science. Has also written smart contracts as a freelancer.
Lead AI Development Engineer
Dr. Cati Mollaei, Ph.D.
Machine learning engineer, AI researcher and postdoctoral scholar with a Ph.D. in Biomedical Engineering. Designs AI agent workflows and deep learning systems that scale.
"IDIA Data Inc was created as an answer to the wealth gap that plagues many Americans. I knew that data would become the most valuable resource on earth and if I could help people realize that value within themselves then maybe they might have a fighting chance."