Business Analysis of DataBroker Dao (new ICO)
What is DataBroker Dao?
DataBroker Dao is a decentralized marketplace that revolutionizes the massive IoT market. This marketplace allows IoT sensor owners to sell the sensor data they accumulate to provide a secondary market that fulfills the massive demand for IoT sensor data; read detailed introduction here.
Part 1: DataBroker Dao SWOT Analysis
Part 1: DataBroker Dao SWOT Analysis
DataBroker Dao has a number of key strengths. It has great value offerings like cost savings in the IoT sensor data market, but it's strength is that it is being developed by an existing company.
Many ICOs are launched by hopeful teams that still need to go through the process of becoming established as a company. This takes time to get organized and often investors face the risk that the team fails to establish an actual company and operations for its product.
DataBroker Dao is being created by SettleMint's Dubai office and the company already has a demo ready for the public to use. DataBroker Dao has the advantage to leverage the operational efficiency of an existing company and this allows focus to be pointed at developing the main product.
DataBroker Dao is creating a marketplace. For a marketplace to reach profitability, a certain amount of volume must be reached.
But this is a standard weakness that any marketplace would face. The key factor is that DataBroker Dao is connecting a clear and pre-existing supply and demand of IoT sensor data. Moreover, the value offering is extremely appealing: the sensor owners (supply) get a new revenue stream and data purchasers (demand) get access to cheaper pools of data.
DataBroker Dao is targetting a large market that is facing exponential growth. As the world integrates more "smart" devices in day-to-day interactions, the value of and the demand for IoT sensor data are going to grow.
DataBroker Dao is having an opportunistic entry into the IoT sensor data market. While there is so much value here, there is an existing market inefficiency and this marketplace has the key to offer a much-needed service. The kairotic power of this marketplace is incredible. It will seamlessly blend into the world of IoT and then enhance it.
DataBroker Dao will face quick adoption.
There are billions of IoT sensors out there spread among a massive number of owners. This could lead to a sudden and high volume of data available on the DataBroker Dao marketplace.
Purchasers should not have a difficult time locating the data they need. That's why it is imperative that the DataBroker Dao marketplace offers a powerful search mechanism.
The company's demo shows the team understands the need for a strong internal search mechanism, and it can be ascertained with credibility that the team will maintain focus on this factor.
DataBroker Dao has all the right fundamentals to achieve a powerful, positive ripple in the massive IoT sensor market.
Part 2: Essential Information
🌐 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
⌚️ Token Sale: March 26
📃 Ticker: DTX
👂🏻 Token Type: ERC20
🔗 KYC: YES
💰 Accepts: ETH
👔 County: Belgium
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DataBroker Dao Website: https://databrokerdao.com/
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upvoted bro
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