New users are assigned to 5 existing users - they must be voted in by at least 3 members or through bribing the "covenant". Prices are pegged to a demand algorithm and may rise beyond $100 SGD.
Eventually we monetize our data through a user opt-in system and make it accessible to other businesses through a priced API. Banks with stringent know-your-customer protocols and a vast market of compliance services would pay for our verified data.