Category Archives: DataBroker DAO

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DataBroker DAO Announces Double Token Distribution and Sets Sights on China while Extending Token Sale to June 30th 2018

The DataBroker DAO team have been pondering the next steps for the company, extending their token event to the 30th June, 2018 and for every DTX purchased, participants will now receive a bonus token, with the extra tokens being locked away for a 3 month period.

The DataBroker DAO platform has undergone many positive changes since its inception, as well as opening up a wide scope of vision for the project. As new opportunities have presented themselves, and so DataBroker DAO is more than pleased to reveal these new exciting details to everyone involved.

Token Sale Extension and Token Distribution Doubled

The DTX token sale period was coming to a close, and the community put forward several questions on the DataBroker Telegram, regarding whether or not unpurchased DTX tokens would be burned or not.

DataBroker came to a solid conclusion that the best and most fair solution for the community would be to continue to distribute them to the participants. For everyone that already has and will go on to participate in the DTX token sale, one it has concluded, users automatically receive an extra token for each one purchased in the token event. This naturally increases the base rate of 4000 DTX per 1 ETH to 8000 DTX, subject t a 3 month lock-up period.

DataBroker DAO Traveling To China

The DataBroker DAO team are planning to travel to china on what is expected to be a strategic and important trip for the company. DataBroker DAO will be postponing listing DTX on the CoinFalcon exchange until this extended period has drawn to a close. In the meantime, DataBroker DAO is in the process of having the DTX token listed on reputable Chinese exchange.

As the company is heading to China for two weeks, visiting Beijing and Shanghai with two additional cities in consideration; the goal of which is to introduce the platform to the Chinese markets and shoot for the 108 Million DTX sale target.

Continued Platform Development

DataBroker DAO is on track to launch the widely anticipated dataset feature that allows data purchases to sell “Processed Datasets” i.e AI, BigData, Aggregation, Enriched Data, and it will become live on the DApp this week. DataBroker DAO wholey believes this extra monetization option can generate waves of bold innovations on an unfathomable scale.

The DataBroker team has also been in talks with external experts to finalize release contracts, as well as implementing   “a bridge between the Ethereum Mainnet with the DTX token, and the Parity based proof of authority network that will run the application.”

DTX Token Sale

As mentioned previously, the token sale for the platforms native token DTX has been extended to June 30th, 2018. The rate of exchange is now 1 ETH per 8000 DTX; this is inclusive of participants who purchased DTX prior to this announcement. 4000 of the tokens earnt per ETH will be subject to a 3 month lock-up period.

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Databroker DAO — Bringing Data to the Masses

Ever-evolving Technologies Pave new Paths for Data Collection
As we progress ever further into a hyper-connected environment the ways in which users and companies are using and collecting data is an ever-evolving process. Data is collected by companies in a variety of ways in order to build a cyber profile. An example of this would be web browser cookies. This information helps companies target specific individuals with advertisements or products.

Today’s companies make use of “sensor data” collected from IoT devices to optimize and monitor their day to day operations. Internet of Things (IoT) is a broad term that encapsulates a multitude of physical devices embedded with electronics, software, and sensors connected via a network. In recent years, we have seen a 31% rise in online compatible devices leading to a figure of 8.4 billion recorded in 2017.  Industry experts have estimated that the figure could rise to over 30 billion IoT devices by 2020 as well as a market value of 7.1 trillion. A company looking to take advantage of this industry using the blockchain is Databroker DAO.

Databroker In a Nutshell
Data Broker DAO is the world’s first decentralized markets place which enables users to buy and sell IoT sensor data. Being a decentralized marketplace allows owners of devices with various sensors to create a substantial stream of revenue using their personal data. This in turn, gives opportunities to many companies in varying industries to acquire accurate data in an efficient and more importantly, in an ethical manner. By utilizing blockchain technology and therefore a decentralized marketplace had enabled data broker to increase efficiency and lower the costs, in turn, allowing more profit for sellers and lower prices to those buying the data.
Databroker aims to disrupt the IoT sensor data industry by revolutionizing the way in which sensor data is used. Devices that are often forgotten about in day to day activities generate a magnitude of specific data that many average people do not see the monetary value of. In regards to data researchers, this type of information is a gold mine.

Databroker’s decentralized marketplace has many stand out features that benefit seller and buyer in multiple ways. The need for a middleman has been eliminated lowering costs for all parties involved. By utilizing blockchain technology allows transparent transactions, inspiring trust from users as well as offering easy and efficient access to accurate and relevant data for companies and organizations alike.

DTX Token Sale Details

Databroker has just announced its public sale starting on April 26th, 2018 completing on the 26th of May. This public sale allows contributors to acquire DataBrokers DTX tokens at a reduced price. To ensure there are no regulatory issues in the future, Databroker has included a KYC procedure for all contributors, this is mandatory and must be completed before acquiring their DTX tokens.

Once completed this process and the confirmation email has been received backers are able to send ETH to the address listed and claim the specified amount of DTX tokens. DataBroker DAO has already signed up with multiple exchanges including Coin Falcon and Chankura to list their tokens a week after the sale ends, bringing public trading to all token users.

During the DTX token sale buyers have a chance to claim 4000 DTX tokens at the exchange rate of 1 ETH. A 10% discount was available to DTX token sales until April 26th, however a  generous referral system is still in place which offers buyers a 5% bonus on tokens sold.

To find out more more about DataBroker’s DOA platform and token sale, click here. For more insight, read Data Broker DOA’s Whitepaper. Users are also encouraged to chat with DataBroker DAO’s team on Telegram.

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