More than 400 years ago Sir. Francis Bacon has concluded that: "scientia potentia est," meaning "knowledge is power." As centuries passed his saying become more truthful and powerful than ever before, just maybe with a little twist for our generation, for us - Data is Power!
With the development of blockchain technology, one of the segments getting the most public attention is data. At this moment numerous blockchain based projects are rising and trying to find the right answer on how to gather data, gave it back in the hands of everyday people, how to store it and how to use it. Someone calculated that 90% of data produced in the human's history is created in last two years. This statement will also be truthful in two years, especially with a rise of IoT technology.
The Internet of Things is going to become big in years to come, and its market is expected to grow exponentially, same as the value of all major companies on it. The project I am writing about today is aiming to become a big and significant part of IoT ecosystem, the name of this project is DataBroker DAO.
To simplify, we can say that DataBoroker DAO is decentralized data marketplace. On DAO platform owners of IoT sensors will be able to make a profit by selling data from their IoT sensors in the simple, transparent and efficient manner. There are already 9 billion IoT sensors performing a variety of different functions all over the world. The net worth of all data they gather is priceless, but the problem is that most of it is unreachable for all potentially interested parties to use.
DataBroker DAO is solving this problem with the first peer to peer marketplace for IoT sensor data. With the help of blockchain technology and by issuing DATA utility tokens as a payment instrument for their platform DAO team created a perfect ecosystem that will connect buyers and sellers most efficiently.
To get a full picture of this great project spend 30 seconds and watch this promotional video explaining its idea perfectly.
One more interesting part of DataBroker project is the creation of DAO Alliance. For last few months, DAO team is connecting parties from all over the world interested in selling or buying IoT data. There are already some big and important names on the list, and in the future, it is expected from ALLIANCE to become central base and a place of first meeting for all involved in trading with IoT sensors data.
DataBroker DAO is a project has already developed BETA PLATFORM account that anyone can try on their WEBSITE and see how easy will be to trade with data on DAO. According to their roadmap, the mainnet will be launched, and the platform will be fully operational in Q2 2018. All investors during ICO phase will be able to trade DTX tokens on exchanges just one week after the end of token sale.
ICO Information:
Token name: DTX Token
Number of Tokens: 225 Million (48% per sale)
Presale date: March 19th, 2018.
Price: 1 ETH = 4000 DTX + 50% bonus for early adopters
Main sale date: From March 26th, 2018 to April 23rd, 2018
Price: 1ETH = 4000 DTX
Bonus: 10% Bonus first 24h of sale.
Currencies accepted: Ethereum
It is already possible to PREREGISTER for the token sale and be ready when it starts.
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