PDATA- A UNIQUE TOKEN TO SUPPORT DEMOCRATIZATION OF PERSONAL DATA TRADING
The world financial ecosystem is experiencing significant changes as the cryptocurrency or cryptographically coded digital currencies are creating a hassle-free financial transaction system for the businesses that are growing within it. The cryptocurrency is becoming a predominant factor within numerous business models for simplifying the payment systems for their customers and stakeholders. And for this reason new and new companies are emerging with exceptional business ideas by integrating cryptocurrency based economy within their business structure. Apart from the developmental functionality within businesses, the digital currency system has the potential to revolutionize the financial strategies of many industries. One of those industries is the data industry. In the data industry cryptocurrency system is playing a very crucial part in making it lucrative for financial investors and original data providers.
The data industry is going through various difficulties. The intermediary data collectors are not transparent about their operation; they do not even provide advanced data encryption and compensation facility for the original data providers. As a result, millions of data are getting stolen by hackers and millions of customers or original personal data providers are losing their trust in the data collector companies like social media or data sharing platform. And for those reasons, the data industry is experiencing a significant loss of their financial assets. As the data industry is one of the most prospective industries in the global financial ecosystem, therefore it is our duty to protect its integrity, so that the global financial assets can grow even more and the world economy can expand its horizon. But, to make all this possible tokenized economy is to be developed which will be dedicated to data industry and can help the data providers to earn compensation in exchange of their valuable personal information utilizing a secure decentralized network. There are some companies who are trying to build this kind of ecosystem for the personal data providers, but none of them can provide tokenized compensation which can also be collected in FIATs. That is where the PDATA has emerged with their PDATA token system as their major liquidity. This is a company which values the contribution of the personal data providers as well as compensates them with PDATA token whenever they trade their data with the data collectors with the help of OPIRIA platform.
In this article I am going to present the PDATA token, its use case and Token Generation Event (TGE) while describing the benefits that this token has to offer.
PDATA TOKEN AND ITS STRUCTURE
PDATA token is designed for supporting the OPIRIA platform to be a democratic ecosystem for personal data providers where they can trade their private data as per their own choice to the data collectors who require them for their company’s research and development purpose. This token is the key through which OPIRIA can encourage the data providers to trade their personal data in exchange of this token, as well as the token can be used for data purchase from OPIRIA database for collectors. As the token is built for the secure and flexible transaction so it is being developed by following the structure below,
• Token Platform: Ethereum
• Token Standard: ERC20
• Token Type: Utility
• TGE Included: Yes
• Purchase Method: BTC, ETH, XRP
PDATA TOKEN PRICING METHOD
Approximately 750 Million PDATA tokens are going to be produced for sale and reserve purpose. Each token will be priced at 0.1 USD and the ETH price will be adjusted at a regular basis for which will reflect the current price of ETH in USD.
TOKEN GENERATION EVENT (TGE)
PDATA token is going to be produced and sold by utilizing the TGE method or Token Generation Event. The benefit of TGE is the balance of tokens will be maintained properly and there will be no unnecessary loss of assets. The PDATA TGE will maintain the following time and bonus schedule by following the segments given below,
• Private Sale
• Public Pre-Sale
• Public Sale
Private Sale: Private-sell of PDATA with a minimum contribution of 50,000 USD has ended as the Public-sale has begun.
Public Pre-Sale: This sale has started from April 20, 2018, at 10 AM GMT, and lasted till June 15, 2018, 10 AM GMT and during this period minimum contribution was 2,500 USD at 20% bonus rate.
During this phase, there was a hidden cap which controlled the sales of PDATA. As soon as that hidden cap was triggered the sales during that period was planned to be stopped. And as soon as the pre-sale ended the public-sale was to be begun within 24 hours.
Public Sale: This phase started on June 16, 2018, at 10 AM GMT and it is still ongoing. On July 14, 2018, at 10 AM GMT during this phase, the bonus is available 15% on the day 1 and gradually it has decreased 1% every day and at the end of 15 days, the bonus is to be 0% for all. So, at present there is no bonus offers left to avail.
During this phase at the first 4 hours, maximum contribution was set at 1 ETH after the end of 4 hours that limit was removed.
For more information about TGE please read their detailed whitepaper from, https://opiria.io/static/docs/Opiria-PDATA-Whitepaper.pdf. And if you wish to participate in TGE you can register at, https://opiria.io/register.
WHY PURCHASE THIS TOKEN?
There are several benefits for which one must buy these tokens as they are available during TGE. These benefits are,
• This is a token which adjusts the value as per the value change of ETH;
• This company project has a very broad perspective and has the opportunity to reach more audiences, so all your investments will remain secure for a long time;
• You will be able to purchase private data at a reasonable price for developing your own trust base database so you should purchase this token if you are willing to make benefits from data trading industry.
CONCLUSION
PDATA token is a liquidity to compensate the personal data providers who trade their data on their own discretion. This is utility token for OPIRIA platform and a secure investment for cryptocurrency investors. The token also has the potential to grow in its value as the popularity of the platform increases. And as the platform is providing unique facilities like direct connectivity with the Fortune 500 companies so it is sure to achieve massive popularity among millions of personal data providers who are willing to share and trade their valuable personal data in exchange of proper compensation with maximum data security. And there is no other platform OPIRIA, to provide such a facility.
So, participate in the PDATA token sale and get a hold of a token worth investing. To participate in their token sale please visit, https://opiria.io/register. and to learn about PDATA and their project please visit, https://opiria.io.
Please visit to know more,
Company Website: https://opiria.io
Whitepaper Link: https://www.opiria.io/wp-content/uploads/2018/01/PDATA%20White%20Paper%2020180118.pdf
Telegram Group: https://t.me/PDATAtoken
Facebook Group: https://www.facebook.com/pdatatoken/
Twitter Pages: https://twitter.com/PDATA_Token
Medium Blog Link: https://medium.com/pdata-token
Youtube Link: https://www.youtube.com/channel/UCW3cOXsxLicxZqRt1TFSmLQ
Linkedin Link: https://www.linkedin.com/company/18291449/
BitcoinTalk User Name: mm.mobiemarket
BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1273086