Information is one of the most valuable resources in the 21st century. Corporations and governments of developed countries allocate huge budgets aimed at the development of IoT and Big Data projects. Developments in these areas have been going on for several decades. A lot of special gadgets and sensors have been developed, experts have learned to collect and analyze huge amounts of data. Nevertheless, the use of information resources is still far from optimal.

The data collected from the IoT sensors are now used to analyze one, maximum two or three directions. Meanwhile, information could be useful in other areas. However, if an agrarian company does not have an interest in mining, it will not share the information gathered about the composition of the soil with a corporation dealing with, for example, oil production.

It's another matter if this data could be sold. And Databroker DAO will help both parties.

What is Databroker DAO?

The Databroker DAO project was designed to bring sellers and buyers of information to one site, giving them the opportunity to make safe mutually beneficial deals. Through the use of smart contracts, any company that has excess unclaimed or already processed information can put it up for sale, and another organization that needs data of exactly this nature, to purchase them for a reasonable price.

Such transactions can be of interest to several categories of organizations:

• Companies initially collecting information for their own needs, and owning large amounts of data;
• state organizations responsible for the "smart cities" program, which install sensors everywhere;
• research centers constantly in need of new information for analysis;
• companies that need data in a certain area for which it is not profitable to organize their collection.

The project team

The following specialists are behind the Databroker DAO platform project:

• Matthew van Nierkerk, CEO and co-founder. MBA, a serial entrepreneur, founded and successfully launched two businesses in Japan. Worked as CTO in a large Japanese bank. The Founder Of The SettleMint.
• Roderick van der Vere, CTO and co-founder. The founder and developer of the platform for the sale of computer equipment, has CTO experience working. Cofounder of SettleMint.
• Frank van Gertruden, co-founder. Specialist in marketing and communications with 20 years of experience.
• Jonathan Johnson, Counselor. President of Medici Ventures.
• Patrick Byrne, Counselor. CEO of Overstock.com.

Plans for further development of the project

The start of the preliminary sale of the tokens is scheduled for March 19, 2018. All buyers can expect a 50% bonus. A week later, on March 26, the main ICO program will begin. In the first week of tokensale, buyers will receive a bonus of 30%, each week the bonus will be reduced by 10%.

The beta version of the Databroker DAO platform is already functioning. It is planned to switch to a working network in the second quarter of 2018.

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