Doing a bit of the FAQ job for data broker dao

hauwamusa (25)in #ico • 6 years ago (edited)

Its very good when creating a whitepaper to always add a section about frequently asked questions and answers.

It helps clear any misconceptions especially when it comes to not just the investors but first timers in ico investments. while surfing through the data broker documents and white paper I noticed that that was missing.

So I figured, as an ICO reviewer how about I do it myself.

First Q: I've heard IOTA before but how does it compare to Data broker Dao?

well you are right they both have to do with data however Data Broker Dao focuses more on commercializing IOT sensor generated data and not creating a hub for investors between all data devices like IOTA does. so even though they're all in the data sector, they aren't really as closely related as you think. and besides, the Data Broker Dao just utilizes on ground technology.

You may see more about that in the white paper.

Second Q:

How is the integrity of the data maintained?

Well network operators serve to identify all IOT sensor data generators and also its stored safely by being Anchored on the Ethereum mainnet through blockchain technology.

besides it utilizes a petition score system to ensure quality of data is maintained.

Third Q: I heard the DTX token has a twin, tell me more about it.

well actually you got that wrong it's(Dat broker's) token, the DTX is an erc20 token which will be the central currency for trade within the platform.

however, what you mistook for a twin is that the DTX coins comes in a minimie standard. making it clonable and thus, will be done if there is any need for that,such as an upgrade.

Fourth Q; is there any lock up period for the tokens?

Yes, but actually not all of it. only 30% of it.

when will the lock up Be lifted?

Well it will be in 2021 this strategy as you know will cause a relative scarcity of supply. Thus adding value.

Well above, I have hypothetically tried to answer a few questions that I feel could be relevant frequently asked questions(FAQs) about theData broker Dao project.

If you have any questions that I have not answered above (which I'm sure you have) please drop it in the comments or better still direct them to the Data Broker Dao telegram group. (See link below).

I'm sure there will be answered. Data broker Dao compliments today's technologies to provide its vision of an elaborate marketplace for IOT sensor generated data, and you are integral to it.

Join our Token sale Below.

Join the Ico here:

ICO: https://databrokerdao.com/?ref=btctalk

Doing a bit of the FAQ job for data broker dao

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