DataBroker DAO, the first blockchain marketplace to sell and buy Internet of Things (IoT) sensor data. DataBroker has announced the launch of their Presale token event set to start March 19th, 2018 - 4pm CET.
A remedy to the lost wealth of opportunities caused by IoT sensor data being locked away in the data stores of organizations around the world. The growth of IoT has presented the industry with an unscalable amount of opportunities, for industries, governments, research bodies and many other sectors spending hundreds of billions yearly on purchasing and maintaining IoT sensors.
As there are already more than 9 billion IoT sensors around the world to measure everything from the temperature to traffic congestion to the fullness of waste bins. The owners of these sensors are very diverse covering every industry imaginable as we are approaching a highly connected, “smart” environment. The sensor owners make the investment to gain further insights ultimately to improve their operations or service offering.
The value of these companies business can be represented by the potential value for 3rd parties that would be interested in purchasing the data for any other purpose. Using the native DataBroker DAO ERC20 DTX token. DataBroker DAO users can benefit from a vast library of data which will enable them to monetize their own data and recoup costs while data purchasers gain access to previously inaccessible data.
The market has already reached an astonishing 150 billion USD per year, with more than 5,000 active companies in this space.As the sensors gain traction and the ecosystem continues to move towards a smart future and smart society, data becomes the new hold that will monetize the future. If combined with the rapid advancements in Artificial Intelligence (AI) there is not much room left for anything else while the model is laid out for incredible growth, and global demand for data.
DataBroker DAO can be viewed and something similar to the tech giants Amazon or Alibaba marketplace, dominating the space where they lay. Unlocking the core value of data, which at the current tide, is locked away.
DataBroker DAO lets sensor owners to place their data up for sale priced against the DTX token and can have its integrity secured by their data by stalking DTX tokens, they put their DTX where their reputation is. Data purchasers can simply buy access to the data using DTX, gate operators then run.
DataBroker DAO offers a wide spectrum of benefits to the IoT marketplace, providing solutions to Public Transport, Environmental Agencies, Academics, Smart City Initiatives. This gives the company the ability to gather data from millions of sensors globally, allowing for anyone with a need for data of this magnitude to utilise it and innovate, realise a dream, gain market insights, help self-driving AI technology, the list feels almost endless and it’s time to see how long it could be.
The DTX token derives its name from DaTa eXchange and is an ERC20 utility token to be used within the DataBroker DAO platform serving as the credits to buy and sell data. The goal is to have 1 DTX token to cover the average cost of the data from a sensor for one week.
The Pre-sale event is set to being March 19th. The DataBroker DAO token DTX will be available at a base rate of 1 ETH = 4000 DTX. The Presale participants will receive a 50% bonus, the minimum purchase during this period is 10 ETH.
The main sale will begin Mach 26th and run for four weeks with a first-day bonus of 10%.
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