ICOMarkets

IoT Data Marketplace DataBroker DAO Advances Goals

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DataBroker DAO has ended the first week of its pre-sale for its token DTX that started on the 19th of March, 2018, The pre-sale follows DataBroker’s DAO announcement of a “V2.0-alpha” upgrade in response to feedback received from token holders, potential users and DataBroker DAO alliance members.

The DataBroker DAO platform is an Internet of Things global marketplace. Users of any background, size or stature can purchase and sell their local IoT data. The industry is expected to reach 1.2 trillion USD by 2019. DataBroker DAO aims to utilise a portion of IoT sensor data that in 2019 will be worth approximately 120 billion USD. The solution recently won an ICO pitch competition in San Francisco and took second prize at the Vilius ICO Pitch Competition.

Now, the platform has its native DTX token listing on the CoinFalcon exchange. CoinFalcon is an exchange designed to allow for straightforward ease of access for users and the exchange presently lists BTC, IOT, NANO, LTC, and ETH. The site has ‘instant trading’ – a feature in which users can begin trading cryptocurrencies the second their deposit is confirmed; furthermore, deposits are free.

DataBroker DAO has also partnered with AllThingsTalk, a ‘middleware’ platform that allows customers to aggregate and process their IoT data. The platform also provides users with an end-to-end solution that connects any of the user’s hardware or software platforms. In doing so, the devices can now be connected to web services, interact, as well as store data which is then visualised on mobile or web dashboards.

The purpose of this partnership is to bring in a smooth on-boarding experience for users, buyers and sellers of IoT sensor data, allowing for more time to be spent on developing ideas and projects without having to worry about the implementation of technical solutions.

The DTX token is a utility to be used on the DataBroker DAO platform, acting as credits for the buying and selling of IoT sensor data. At present, ICO participants are able to secure DTX tokens by contributing ETH (1 ETH = 4000 DTX). There is also a 50% Bonus for presale participants (2000 additional DTX per 1 ETH) and the minimum contribution during the Pre-sale is 10 ETH.

 

Matthew Warner
Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.