DATABLOCKCHAIN.IO ICO REVIEW

sammy-gates (44)in #ico • 6 years ago (edited)

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INTRODUCTION

It's no secret that the key to acquiring new customers and keeping your current customers is possessing the critical data that can help you reach out to potential prospects with the tendency to use your products and services and help identify the needs of your current customers. With this 'critical data', any business can acquire new customers and ensure that its current customers have a long-term loyalty towards them.
This is where DATABLOCKCHAIN.IO comes into play. And without further ado, let's dive into why i think you should invest into DATABLOCKCHAIN.IO

DATABLOCKCHAIN.IO OVERVIEW

DataBlockChain.io is a revolutionary data platform that stands to disrupt the way that companies and individuals gather premium data. They aim to democratize
big data and level the data playing field by providing the most comprehensive
marketing data solution to all businesses and individuals. They will provide an easily accessible interface for businesses or individuals and the data providers.

The backend system will provide full confidence in data quality(for businesses and individuals) and monetary value for data(for data providers).

The main objectives of DataBlockChain.io are:
=To ensure that data providers can simply monetize their data by providing access to it.

=To provide transparency and traceability to the data providers using blockchain technology.

=To give businesses and individuals quality verified data they require.

=To give clients a simplified and easy-to-use interface with a quick/secure payment system(DBC token).

=To build confidence and trust between the end user and data sources.

THE PROBLEM DATABLOCKCHAIN.IO WANTS TO SOLVE.

The data industry today is not what it used to be. Data acquisition processes are now expensive and data providers are now scarce. This has led to an increase in number of businesses desperately in need of critical information.

The existing data market ecosystem of data/list owners, managers and brokers is inefficient and often ineffective, costing businesses unnecessary time and money.

Data is a very important aspect of the digital marketing /advertising industry. Yet, effective data sources are now seld and the few that are left, are offered at a very high price. **The high demand for data sources that provide quality, complete and most importantly, verified data has skyrocketed in today's digital age.

THE SOLUTION TO 👆THIS PROBLEM

DataBlockChain.io will provide a robust interface between the users and
the data sources. DataBlockChain.io will create a single-point solution that
will eliminate the need for multiple data vendors and layers of list
managers and brokers that create inefficiency in the marketplace. The
backend systems will ensure full confidence in data quality for the end user
as well as transactional finality for the data providers.
DataBlockChain.io will change the way the data list industry operates by Eliminating unnecessary middlemen and making available a more easy to use data sourcing and delivery process. This will be made possible using a unified UI to allow both businesses and individuals search varying and diverse sources of data for records that match thier search query parameters.

This will save time and money.

TECHNICAL ASPECTS OF DATABLOCKCHAIN.IO

¶Smart Indexing Engine (SIE)
DataBlockChain.io utilizes a decentralised Smart Indexing Engine(SIE) to index all data sources and assign confidence scores on the sources. The SIE is an type of AI using data analysis and machine learning. It uses predictive analytics to create an appropriate score and It constantly checks and re-evaluates the sources updating the scores.

¶Blockchain Integration
DataBlockChain.io utilizes the Ethereum Blockchain and smart contracts for all transactions and payments.When businesses seek to use data, they can search for data on DataBlockChain.io that meets their requirements. As soon as they find it, they can send payment to the data providers so that they can be given access to the data they requested for. This becomes real using a digital currency that works together with the DataBlockChain.io platform using Smart Contract, so that both parties are satisfied and all these can be done anonymously .

¶DBCWallet to simplify buying process.

TOKEN MECHANISM

DBCCoin is an ERC-20 token(with ERC-677 functionality) that is implemented on the Ethereum blockchain. The platform will utilise Smart Contracts written in solidity for transactions, auditing and payments anonymously. DBCCoin will be used for transactions on the DataBlockChain.io platform and to reimburse data providers for thier data.

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DEVELOPMENT ROADMAP

The roadmap of the entire project is clear and easy to understand and if it is followed, DataBlockChain.io can be among the leading data platforms in the industry.

THE TEAM

The team comprises of competent data industry experts, seasoned leaders and engineers with a lot of experience in the data and technologies industries.
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STRATEGIC RELATIONSHIPS

=Media Direct, Inc. – contributing billions of
records tied to 300MM+ consumers and
16MM+ businesses.

Media Direct, Inc is the most influential partner of the DataBlockChain.io project and here is a few partners of Media Direct, Inc.

=Appsbar – 2MM+ SMB requiring critical data for business growth

TOKEN DISTRIBUTION

• Total Tokens Created: 870MM
• Token Type: ERC-20
• Total Tokens Being Sold: 522MM (60%)
Private Sale: 100MM Tokens
•Pre-Sale (5/27 - 6/21)
Total Tokens Being Sold: 164.58MM
Token Price: $0.08 ($0.12 w/ 50% bonus)
•Main Token Sale (6/27 - 7/21)
Tokens Being Sold: in Token Sale: 257.42MM
Token Price: $0.12
• Team/Advisors Allocated: 221.1MM (25.41%)
• Bounty Campaign: 10MM (1.15%)
• Air Drop / Marketing: 10MM (1.15%)
• Exchanges/Reserve: 106.9MM (12.29%)
• Min purchase for Pre-Sale: 1 ETH
• Min purchase for Public: 0.1 ETH
• All Unsold Tokens will be burned
• Team members will be on a 12 month vesting
schedule with 25% released quarterly
• Soft Cap: $10 Million | Hard Cap: $50 Million