DATUM TOKEN SALE
What is Datum?
World's first distributed database and marketplace for safe trade and exchange of personal data.
Datum is a decentralized and distributed high performance NoSQL database backed by a blockchain ledger. This technology allows anyone to securely and anonymously backup structured data from social networks, wearables, smart homes, and other IoT devices. Datum provides a marketplace where users can share or sell data on their own terms.
DAT - The Datum Network Token
The DAT token facilitates transactions in the Datum network, providing value to the data on the network.
The DAT token sale will enable full development of the Datum network and provide an efficient, transparent and secure smart contract token to facilitate exchange of data on the network.
DAT Token Crowdsale
Role of Token: Enable trade of data between data owners and buyers
Symbol: DAT
Supply: 3,000,000,000
For Sale: 1,530,000,000
Emission Rate: No new tokens will be created
Price 25’000 DAT per 1 ETH
Sale Period: 29/10/2017 13:00 UTC to 29/11/2017 13:00 UTC
Accepted Currencies: ETH
Token distribution: 4th December to 11th December 2017
Minimum goal: 5000 ETH (raised on 8th September 2017)
Maximum goal: 61200 ETH
DAT Allocation Overview
51% of all minted DAT tokens will be offered for purchase by the public under the ticker symbol DAT. The crowdsale will take place on 29th October 2017 at 1 PM UTC (GMT+0) and stay open for 31 days or until the hard cap of 61200 ETH is reached. 75000000 (75 million) DAT Tokens were offered to selected investors and the public as part of a Presale at the DAT Rate of 1 ETH = 10,000 DAT, which started on 11th August 2017 and ended on 8th September 2017.
Including bonus offered to presale participants and adjusting for the DAT Rate change at time of main Token Sale (1 ETH = 25,000 DAT) the total amount of Tokens sold in the Presale was 214802742 (214.8 million) DAT Tokens representing ~7.16% of all tokens.
29% of minted DAT tokens will be held in a reserve by the Datum Network GmbH for community initiatives, user growth, business development, academic research, and future market expansion.
20% of raised DAT Tokens will be allocated to DAT core developers, founders and advisors with sales restrictions spread monthly over 2 years as incentive to ensure long term alignments of interest and commitments towards the future
value of the tokens.
Conclusion
Datum will initiate a change in how people think about data. By empowering data creators with a secure way to store and exchange their data, and a vibrant marketplace to monetize this data, a new economic model will be created that empowers consumers instead of large private companies. The DAT token will facilitate compensation of data sources and storage nodes and enable a new era of secure and decentralized data storage and exchange.
Join us today!
https://datum.org/
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https://t.me/datumnetwork
https://bitcointalk.org/index.php?topic=2049312.0