Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Tokens/Coins Offerings (ICO, IEO, etc.) => Topic started by: Goodcat49 on February 24, 2018, 11:27:26 AM
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What is Databroker DAO?
Databroker DAO is a distributed marketplace that connects sensor owners with data buyers. Essentially it could be called an “Amazon” for IoT sensor data.
DataBroker DAO is the first marketplace to sell & purchase sensor data. It uses Blockchain technology and enables sensor owners to turn generated data into revenue streams.
Due to the poor infrastructure for the data monetization, thousands of gigabytes of data are locked away now.
DataBorker DAO solves this issue with dApps and smart contracts and by presenting the decentralized P2P marketplace for the IoT sensor data. The model of the platform has been developed to cater the needs of sensor owners, sensor manufacturers, network operators, agricultural sector, smart city programs and academics. It offers an easy and secure access to conduct big data transactions using DATA utility tokens.
The following advantages are provided:
Sensor owners are able to monetize their data and turn a sunk cost into a potential money maker and at least the opportunity to recoup some of their investments in IoT sensors.
Network operators gain scale and speed in the adoption of their network as connected telcos can present a win-back to their enterprise accounts, a clear USP.
Sensor manufacturers can stop the ‘race to the bottom’ for production and pull resources and capital out of manufacturing and allocate these to profitable SaaS offerings.
Smart city initiatives can limit the upfront cost of populating the town with sufficient sensors and turn the expense into an investment with a 2–3 year payback period and a continuous income stream after that.
Academics can get access to thousands of sensors and can buy data directly and more cheap on the marketplace, cutting out established data providers.
Pre-sale will begin on: MARCH 19TH, 2018–4PM CET
Token sale will begin on: MARCH 26TH, 2018–4PM CET.
Read more: https://medium.com/@coinidol.com2017/databoker-dao-universal-decentralised-marketplace-for-iot-sensor-data-token-sale-starts-on-march-fd6db3592d26