DataBroker Dao: An Opportunity to Invest Parallel to the Big Guys
The smart money is running to IoT
The smart money is running to IoT
The IoT market is growing and there's in fact a dedicated ETF for it. GLB X FUNDS/Internet of Things (NASDAQ: SNSR) has rallied nearly 20% in the past 365 days.
All the major tech giants are heavily vested in this industry with Apppe pushing out HomeKit, Google developing products like Google Home and acquiring Nest, Amazon evolving Alexa, Microsoft scrambling to power up Cortana, and the list goes on.
Following the path of the established industry leaders' goals is wise, but it'd be unwise to directly match horns with them.
Dao Takes a Different Approach
DataBroker Dao is entering the IoT market, but instead of competing for a consumer-side product and take arms against the invulnerable giants of the tech industry, DataBroker Dao has a clever approach.
There is far too much competition for the B2C market share, but the company has cleverly noticed that the businesses, like Qualcomm, providing services to other businesses in IoT are all doing remarkably well. And there's also plenty of unfulfilled needs for the businesses that are directly developing the consumer-side IoT products.
The marketplace will provide an easy and more economical route to accessing IoT sensor data.
The success of oil giants are a testament to the success a fuel source can achieve. In this age of digital expansion, DataBroker Dao will be a prime source of one of the most desirable fuels: sensor data that fuels the development in a market that would involve annual expenses north of a trillion dollars.
DataBroker Dao will garner the IoT market's interest and just earning a fraction of the transaction flow could mean this marketplace would have internal transactions in the tens of billions, and this is a marketplace so the company has zero COGS on its accounting sheets. A small platform fee to users, even after all operating expenses are taken into account, would generate a massive net income.
The team behind this marketplace pitches DataBroker Dao as the eBay of sessor data. It very well could he that and it has a potential market reach just as wide as eBay's. eBay sits at a market cap of nearly $45B, and that's a rather reasonable market cap to look at. While some may such lofty goals as unrealistic, it'd be good to reflect on the swift rise in Ripple's market cap.
Whether you, like me, look at DataBroker Dao as a massive gas station for the IoT market or, like its founders, see it as the eBay of IoT sensor data, it's a settled case that this marketplace has a bright and lucrative future ahead of it.
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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