SYSTEMS, METHODS, AND APPARATUSES FOR INDIVIDUAL-SPECIFIC DATA GENERATED BY SMART TAGS OF SOFT GOODS

1 . A method for exchanging user data for compensation comprising:

receiving data from a user pertaining to usage of a soft good, wherein the data is obtained from one or more sensors coupled to the soft good;

receiving bid information from a bidder, wherein the bid information pertains to an offer to purchase the data;

transmitting or displaying at least a portion of the data to the bidder; and

providing compensation to the user in exchange for providing the at least a portion of the data to the bidder.

2 . The method of claim 1 , further comprising displaying the bid information to the user.

3 . The method of claim 1 , further comprising comparing the bid information to a threshold value, and wherein the transmitting or displaying the at least a portion of the data to the bidder step occurs only if the bid information exceeds the threshold value.

4 . The method of claim 1 , further comprising obtaining a bid acceptance from the user.

5 . The method of claim 1 , wherein the soft good is a garment.

6 . The method of claim 1 , further comprising verifying an identity of the user.

7 . The method of claim 1 , wherein the data is received from a tag of the soft good, wherein the tag is fixedly attached to the soft good.

8 . The method of claim 1 , wherein the sensor continuously obtains data from the soft good.

9 . The method of claim 1 , wherein the sensor obtains data from the soft good at predetermined time intervals.

10 . The method of claim 1 , further comprising storing at least a portion of the data in offsite storage.

11 . A system for facilitating exchanges of user data and compensation comprising:

at least one computer-readable medium having stored thereon:

a software platform configured to receive data pertaining to usage by a user of a soft good, wherein the data is obtained from one or more sensors coupled to the soft good; and

a data exchange platform configured to:

receive bid information from a bidder, wherein the bid information pertains to an offer to purchase the data;

provide at least a portion of the data to the bidder; and

provide compensation to the user in exchange for providing the at least a portion of the data to the bidder.

12 . The system of claim 11 , wherein the soft good is a garment.

13 . The system of claim 11 , wherein the data is obtained by scanning a tag of the soft good.

14 . The system of claim 11 , wherein the sensor continuously obtains data from the soft good.

15 . The system of claim 11 , wherein the sensor obtains data from the soft good at predetermined time intervals.

16 . The system of claim 11 , wherein the platform is configured to verify the identity of the user.

17 . The system of claim 11 , wherein the platform includes a wallet, and wherein the compensation is deposited to the wallet.

18 . A method for exchanging user data for compensation comprising:

receiving data from a user pertaining to usage of a soft good, wherein the data is obtained from one or more sensors coupled to the soft good;

displaying to the user one or more bids for the data;

receiving from the user an acceptance of at least one of the bids;

transmitting or displaying at least a portion of the data to the bidder; and

providing compensation to the user in response to the user's acceptance of at least one of the bids.

19 . The method of claim 18 , wherein the data is received from a tag of the soft good, wherein the tile tag is fixedly attached to the soft good.

20 . The method of claim 18 , wherein the compensation is provided to the user using a virtual wallet.