DataBroker DAO - transforming spending into investments

Now more than 20 billion different things are connected directly to the Internet. And their numbers are growing exponentially, so in 2020 its amount will reach more than 50 billion. This number doesn’t even approach the limit. Smart home, smart teapot, smart watch, smart car: all these are just the banalest examples of such things. But what makes them smart? IoT-sensors that collect and send data for further processing. Using such technologies significantly increases the functional potential of any thing and makes its use much easier and more enjoyable for everyone. It allows to develop artificial intelligence and report any non-compliance with parameters. But all this requires big expenses, which basically are non-returnable. In addition, for example, as for different phone models in the past completely different headphone jacks were used, every country has its own standard for a smart home. That’s all complicates the unification of collection, processing and transmission data for various purposes. But all ingenious is simple, and now there is a platform that gives hope for a grand future for not only IoT-data owners, but also for those who process or distribute it.

Databroker DAO is a unique decentralized platform on blockchain technology that will solve many problems which slow down the development of the IoT-industry. Let's look at the benefits for each participant separately. For sensor’s owners, the platform gives an opportunity to turn all the data they collect into an income source as a material for sale. Buyers will have access to data from all over the world, which they can either resell or use it for their own needs. Data processors will receive approximately the same benefits as buyers, they are distinguished only by the purpose of purchases (for example, collecting and ordering data to facilitate their further analysis and sale at a higher price). And one more category of participants - gateway operators. The platform will enable them to provide data transmission services and their further sales on a large scale.

However, this is only a part of the possible advantages. Databroker DAO provides an almost unlimited list of the possibilities of using IoT-data. Almost any device soon can be represented by its smart analog, and therefore the sensor’s using is only a matter of time.

To speed up the process of buying the selling on the platform, a DTX token of the ERC20 standard will be used. Now let’s see a few numbers. The team plans to release only 225 million tokens. Their distribution is as follows: 48% will go on sale, 30% will be blocked for 3 years, 10% will be used as an additional platform fund, 6.5% will be received by early investors, 5% will be divided among the team for next 4 years, and the last 0.5% will be used as the bounty. The Presale will start on March 19, 2018, with an incredible 50% bonus. Crowdsale will be held from March 26 to April 23, 2018, with a 10% bonus on the first day of sales. The sale rate is 1ETH = 4000 DTX. Another nice bonus is a referral program where you can get 5% of the tokens of buys of your invited friend.

Project Team:

Databroker DAO is a project that will give a tremendous boost to the entire IT industry. The decentralized platform will bring the reliable process of storing and transferring data, as well as protecting them from hacker attacks by cybercriminals. Without intermediaries, the total cost of the system will be less, and the opportunity to get them back as investments is generally a big advantage. The team did something very promising and now you can get acquainted with the good demo version of the site and decide for yourself whether it is worth investing in this project.

Project Video:

Project Links:

Website | ANN | Whitepaper | Telegram | Facebook | Twitter | Medium | Reddit | Github

Authored by: Malabarka