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BigML Blog, by josverwoerd on October 25, 2012
BigML Gallery allows you create predictive models in a simple way and share them with the rest of the world! And (if you want to) monetize your data wrangling and predictive modeling skills.
As a BigML user you can already create great predictive models in a simple way. It is literally a few clicks after uploading your data. Now, once you have created a great model, you can share it with the rest of the world. For free or at any price you set. Or you can keep your model to yourself but allow others to make predictions with it. You can browse the models that have been published by others, make some predictions and clone the models that you like. It is all - in grand BigML tradition - extremely easy to do.
How about your data? Can you sell that in the Gallery too?
Yes, you can! You can make your Dataset public. Mind you: the Datasets we are talking about are BigML's fancy histograms. This means that other BigML users can look at your Dataset details and create new models based on this Dataset. But they can not see individual records or columns or use it beyond the statistical summaries of the Dataset. Your Source will remain private, so there is no possibility of anyone accessing the raw data.
What's in it for you?
As you set the price for models and predictions, it is immediately clear how much revenue is coming your way with every sale. As you move the slider to set your price or type it in the price tag, the right side of the panel indicates your earnings (see 'setting the price' below). You receive 70% of the sales of your resources. This will be paid out on a monthly basis, with a required minimum balance of $100.00.
Read more.