Measurable Data Token - Blockchain Technology Can Help Data Industry To Solve Complex Problems

richzohr (25)in #ico • 6 years ago

Nowadays technology has developed, all our data is stored in the internet and we never know that a data can have value. Who is the social mediat giant today? The answer one of them is Facebook. They have enormous revenuesr. They use user data for the purposes of Advertising, Product Development and Business Insights. Facebook has a tool to record all activity from its users, then store it in storage data or Big Data Storage. Then our data in the data will be sold to data buyer or consumer data which will be used according to their respective interests. I think this is unfair, because the data is ours but we get nothing. Therefore an idea came from MDT to make the data valuable.

Measurable Data Token (MDT)

Measurable Data Token (MDT) is a crypto token which facilitates a decentralized data exchange eco-system. It should be noted that MDT develops a network among data users, data providers, and data buyers. It ultimately resembles the value of the data which is being exchanged. MDT technology paves the way for an efficient, honest, and a transparent market for data exchanges and trading systems. The most basic element of this ecosystem is the Open Messengers. It should be noted that Open Messenger is a messenger solution which is being operated via the email platform. Open messenger facilitates connection among users through a smooth communication experience and it’s user-friendly too. This acts as the first service section to influence the MDT ecosystem and it makes use of the system to reward the key parties involved in the platform. Their vision is to establish a successful Decentralized Data Value Exchange Economy for all the parties operating in the digital world.

Measurable Data Token (MDT) creates a breakthrough for the three Parties to benefit the Providers of data, Data buyers, and Users data in which each Party has an important interrelated roles include:

- Data provider

Surveys each of each user’s behavior to create a new breakthrough in creating the product to be offered. Doing Data Collection needs market share.

- Data Buyers

Are People or Institutions that have an interest in the purchase of such data as a company in launching a product and he wants to know the product is interested in market share or not then he needs data data relating to the product to be advertised.

- User Data

Here Users can provide anonymous which is not easy to recognize and users benefit from Measurable Data Token (MDT) as the data provider.

MDT Token Sale

The platform will sell as many as 500,000,000 MDT from 1 billion MDT for sale to the public. Of the total, the maximum achievement that can be achieved is 84000 ETH. While the minimum target for the project can run is 25000 ETH. The normal price when Token Sale is 1 ETH = 5000 MDT, but early investors will get a special price. In the Pre-Sale event MDT token is sold at a rate of 1 ETH = 7500 MDT, while for Early Bird the price is for 1 ETH = 6250 MDT. The token sale period will last for 30 days.