This is an unordered list of startup ideas I have, and potentially plan to pursue if no else pursues them. Feel free to use of any of these ideas for your next startup, it would make the world a much better place!
Actually accurate weather predictions: a weekly data science competition (think of Numerai), where data scientists try to predict the weather of the following weeks using machine learning models. To participate, they have to stake some funds (a stablecoin for example).
If they successfully predict the weather, they win money in proportion to how right they were and how much funds they staked. If they didn’t predict the weather correctly, they lose money in proportion to how wrong they were and how much funds they staked.
More funds staked means more funds at risk, but also more potential profit. The data provided to the data scientists comes in an encrypted form (see homomorphic encryption) and is provided by external companies.
Once the company has established a monopoly on actually accurate weather predictions, it should launch a Helium-like network where the general public can buy a sensor to track the weather and gather data, and be rewarded for it with cryptocurrency.
This should only be attempted once there is enough revenu to sustain a network like that of hundreds of thousands of sensor operators.
Real-time economy dashboard: think of these COVID-19 map dashboards, but with faster updates and for the economy. You would be able to track the impact of interest rates increases in real time and in specific places.
Business model is very simple: free users get access to the dashboard, but with a delay of 24 hours for example, and paid users get instant updates in real time with daily or weekly reports and additional metrics.