Databroker DAO- Amazon like platform for data
Hello fellow researchers, I have got some interesting news for you today.
Databroker DAO, a blockchain based application offers us an opportunity to make some value.
Invest in their ICO, wait for the price of DTX to go up then sell it a premium *
Get an IoT sensor, gather some data and sell it on Databroker platform.
So now the question what the heck is an IoT sensor and why would someone want to pay for that data?
What is an IoT sensor
Let's take one at a time. Data is everything in the world my friend. It's the one thing that differentiates a gamble and an informed decision. Lost? let's take this example
You want to set up a Solar panel in some place near your locality. To maximize the production you need to find out which part of my state/province has the maximum exposure to sunlight. Maximum exposure means maximum energy which means efficient planning. For that, you need to collect the data of different areas by using a sensor. Either you do the setup yourself or you buy the data from someone who already has that.
If I have to setup probably I can do a few places but the cost would be more, more travel etc. Not fun!
But let's consider yourself to be on the other side of the deal. I live in my home, I have the data just for my place. A company like Tesla wants to do a research with this data. what do you think your data values now? Huh!
This is exactly what Databroker is trying to achieve. They are creating a decentralized platform where the data from a sensor or any platform can be sold by anyone to anybody in this world who wants to research on.
They do so with a help of Etherium based blockchain platform and their own digital currency DTX.
As a seller or buyer, all you have to do is to log in to their platform get some coins and get the kind of data you need if you are a buyer. If you are a seller you gotta feed your data to their cloud from your sensors and watch them mint some money.
Note: The platform is still under construction and is expected to hit the public hard in a few days. But for that, they need the help of investors like us to contribute to their expenses and be a part of their platform and support them.
This is just one example that I gave of, the range and scope of IoT sensors and their usage are projected to hit a trillion US $ in the coming days. We already are spending around 600 billion dollars now.
Be it the amount of traffic you have in route 1 or which month is cold in a year or which city has the cleanest air to breathe its all data from the sensors.
With sensors being ubiquitous and people becoming more data-oriented in making their decision I am hoping Databroker becomes that platform that Amazon is for online shopping.
If you are up for it then visit their website
Do a detailed analysis of how this whole thing works from their whitepaper
If you still have queries reach out to their email id: [email protected] or telegram group: telegram group
Beta platform: Click here
Here are few details on their ICO.
Do your due diligence and invest wisely.
Website: https://databrokerdao.com/
Whitepaper: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2113309.0
Telegram: https://t.me/databrokerdao