DataBroker DAO: Marketplace designed for buying and selling sensor data

danny_yell

DataBroker DAO is a marketplace that is designed for buying and selling sensor data. It is the first ever attempt to create a blockchain based decentralized marketplace for IoT sensor data. Over this marketplace, sensor owners will be able to turn their device generated data into stable streams of revenue. The platform is set to open up major opportunities for different industries. Besides, it will also ensure that the data collected will be put to effective use.

How can it function?

The stage will cooperate with multi-sig contract and Ethereum addresses at its center. The center of this stage is the registry of sensors and data streams that will be offered by the stage. The spilled data can be live data that is sourced from an IoT sensor and the offer of data will be founded on time traverse.

The partners of the DataBroker DAO will be the proprietors of sensors, data processors, purchasers of data, and the door administrators. The proprietors of the sensors that choose to offer their data will acquire 80 percent of the sum got. They will be required to pay a little repeating expense for the chance to put their sensor on this stage. The data processors will purchase the data with the objective of improving it and exchanging it.

The purchasers of the data and the processors will have the capacity to secure data as an administration. Subsequently, they will never again need to make costly equipment ventures to get the assets they require. Other than that, they will have the capacity to access data that would have generally stayed in data storehouses of the sensor proprietors.

The door administrators will give the data a chance to stream to the DAO. The data following into the DAO will originate from billions of IoT gadgets all around over a remote sensor arrange. These passages can be worked by Telecom organizations in every nation empowering sensor proprietors to offer data on the DAO stage. While sensors proprietors get 80 of the income, entryway administrators will get 10 percent while the other 10 percent will go to the DAO to take care of working expenses.

The Token

This platform is going to be powered by the DTX token. It is an ERC20-based token. The token will be used as credit for buying and selling the sensor data within the platform. The public sale for this token will be held from March 26, 2018, to April 23, 2018

ICO DETAILS

Pre-sale

Start March 19th, 2018 4PM CET

Token price - 1ETH=6000 DTX

Minimum limit - 10 ETH

Get 50% bonus now

Token sale

Start March 26th, 2018 4PM CET

End April 23rd, 2018 4PM CET

Token price - 1ETH = 4000 DTX

Bonus first day - 10%

Token disribution