DataXchain ICO

nsamir (-1)(1)in #blockchain • 6 years ago

DataXchain-Blockchain Based Decentralized Data Trade Service

What is DataXchain?

DataXchain is Decentralized P2P Data Trading Service, to the widerworld.

DataXchain believes that the aim of the Intelligent Information Society is to provide ultimate efficiency to all mankind, based on the new values created on the ICT foundation, by delivering intelligent technology and innovation to the general public. The data flowing through the information communication network around the world represents a fundamental resource to our society.

However, under our current industrial system, data is locked within centralised systems and services, generally represented by a handful of social media and internet portals. Our personal data has been harvested by these Data Giants to generate profits or satisfy their own interests.

DataXchain will change the current data game and enable Data Liberalism through DataXchain, a novel ‘Blockchain-based Decentralized Data Trade Service’. Leveraging the DataXchain Platform, all the information of DataXchain’s partners and users will be connected, integrated and managed equally and fairly.

About Why DataXchain?

User-Friendliness

Provides simplified upload procedure

as well as potential value viewer service

on website and mobile APP

Intelligence

Smart data handling: With advanced

AI & Big Data technology,

allows automatic matching as well as

cataloguing service (DataXchain Engine)

Agility

Strong & quick service process:

DataXchain enables simultaneous

yet massive process through various open

source projects participation such

as Ethereum Sharding project.

Flexibility

Provides Seamless service to

provide stable service & Flexible software

architecture for high-tech application

Security

Security enhancement & real time tracking:

DataXchain enforces security with Smart

Contract powered by Blockchain network

and separate key value storage.

Accuracy

Prevents filter bubble with

automatic matching process based

on diverse hybrid algorithm

VISION & MISSION

VISION

DataXchain will open up a new era in the Intelligent Data Age in which everyone can enjoy equal and happy digital economic activities.

MISSION

DataXchain will build a data ecosystem to trade My Data fairly and equally, towards

the protection of each individual’s data ownership.

The market’s problem and the DataXchain solution

As we are currently shifting to the era of big data, we consider this as an opportunity to bring about tremendous changes to create immense wealth for individuals by creating a new earnings stream and reinventing various aspects of their lives in work, education, leisure and more . Today, big data is used more and more, but there are two serious problems in this area: insufficient reward for the trade and use of My Data and misuse and manipulation of My Data.

DataXchain has a solution to the problem! Our project is a "Blockchain-based Decentralized Data Trade Platform" which can be supplied with what data users.

Through 'decentralising' data ownership and trade, DataXchain aims to create a new data paradigm in which individuals, as opposed to data giants, own the rights to their own data and are equitably compensated if their data is used. It also aims to create a brand new data trade environment in which anyone can easily create Digital Assets to share or sell.

With data, penetrating, almost every aspect of our lives, we are able to dramatically improve our lives.

Who started DataXchain?

DataXchain’s core team is led by Mr Lee Woo Yung (CSO), Mr Baek Yong Chang (CEO), Mr Choi Young Hun (CMO) and Mr Frank Cha (COO).

Founder and CEO of Xiilab, Mr Lee is a prominent figure in field of data technology in South Korea. Having participated in policy formulation on data management at a governmental level, he is the President of the Association of Big Data Business & Services Companies in South Korea. He started Xiilab in 2010 and grew it into a Konex-listed industry leader in big-data technology and Artificial Intelligence with a market capitalisation of KRW1.1 billion.

Mr Baek built an impressive career as one of the key executives at KT Corporation, formerly Korea Telecom, which is the largest telecommunications company in South Korea. He was Managing Director between 2000 to 2010 and then Vice President after, overseeing areas such as intelligent data services, network and technology, technical sales, the Digital Library and the e-book business. More recently, he was the Senior Managing Director in Dinnoplus, managing sales and marketing of IoT, Edge/Cloud Computing and Big Data solutions.

As Chief Marketing Officer, Mr Choi will build DataXchain’s brand and drive its adoption. He has a strong background in Intellectual Property (IP) management, having been the Managing Director of Markpro, an IP management services provider, covering sales, marketing and operations for over 20 years at Markpro. He is currently also a Managing Director at Xiilab.

Mr Cha will manage the overall operation of DataXchain, implementing its business strategies and plans and building a successful ICO. Prior to this, he was the oversee the US operation of Markpro, driving sales and market share growth, services, managing market research and growing various product lines.

How does DataXchain make money?

DataXchain makes money each time a transaction is made, receiving a commission each time a data user decides to purchase data from data owners on the platform.

The company has undertaken to donate 50% of the commissions to charity, while ploughing the remaining 50% into the operations and expansion of the DataXchain ecosystem.

DXCT Crowdsale

The total number of shipments is 1 000 000 000 DXT

The price is 0.06 USD per token

Sales of 09/20/2018 start

Currency received: BTC, ETH, USD

Hard hat for $ 30 million

Min. / Max. Acquisition of USD 100 / USD 500 000

Bonus for Airdrop / Referral 117 500 000 DXT

ICO sales

Token price: USD 0.06 (market price after listing)

Chips for Sale (W / Bonus) 730 million DXT

Advance sales: 10.08 ~ 10.28.2018 84,375,000 DXT 35% bonus

The main round of sales 1: 10.29 ~ 11.04.2018 30% bonus

The main sales round 2: 11.05 ~ 11.11.2018 25% bonus

Main Sales Round 3: 11.12 ~ 11.18.2018 20% bonus

Main Sales Bonus Round 4: 11.19 ~ 11.25.2018 15%

Basic sales Round 5: 11.26 ~ 12.02.2018 10% bonus

The main sales round 6: 12.03 ~ 12.09.2018 5% bonus

The main strategic partner of DataXchain in its development is one of the main suppliers of big data from South Korea and AI solution, Xiilab. Being a DataXchain strategic partner, Xiilab has the technology, knowledge and experience needed in the big data field to help jump DataXchain in the development process. Not just a key member of Tobelet from Xiilab, DataXchain will benefit from the resources and connections of Xiilab and DataXchain This platform will be developed together with Xiilab, which will ensure its successful application.

Road map

2018

06.12: To Be Let Establishment

2Q: DataXchain Teaming

4Q: Private Sale

Pre - ICO / Main ICO

4Q: Token Issue

4Q: Alpha Build

2019

2Q: Beta Build

3Q: Soft Launch

4Q: DataX Full Service Open