DataBroker DAO is a decentralized autonomous organization aimed at monetizing IoT sensor data. Find out how the platform works today in our reviews.
What is DAO DataBroker?
DAO DataBroker, found online at DataBrokerDAO.com, is a blockchain-based platform that wants to enable the monetization of IoT sensor data, converting charred costs into a perpetual revenue stream.
Basically, we are surrounded by smart objects in our daily lives. The intelligent objects - such as smartphones and fitness trackers - collect information through sensors. Much of the information is wasted or ignored. This is used for a single purpose in silos, and can not be used for other tasks. DataBroker DAO wants to monetize the sensor data with the open marketplace.
DataBroker DAO beta is available online today.
How does DAO DataBroker work?
The main purpose of DAO DataBroker is to provide a distributed market for IoT sensor data. The company aims to create the first blockchain-based market for sensor data, bringing together different participants into one place - including censor owners, data processors, and network owners.
Here's how the company explains it in their whitepaper:
"Nowadays companies use sensor data to optimize and monitor their operations.The result is a single destination data landscape.What if we can make this data easily accessible to cities, organizations and employers at affordable prices? DataBroker encourages evolution to a real 'smart life'.
DAO DataBroker not only wants to share user data with the world openly. The company wants to create a market where everyone can buy or sell the data. If you want to sell data from your fitness tracker to an advertising company, for example, you are free to do so. If you want to purchase smart device data from all customers in one particular region, you can do so too.
Or, in the case of a more unique use, farmers can purchase sensor data from the DAO DataBroker to see the weather in a particular region. They can use this information to improve the efficiency of their farm operations.
In the end, the DAO DataBroker website explains that there are 9 billion IoT sensors around the world. Most of these sensors are underutilized. Together, these sensors are worth more than $ 600 billion per year. However, this value can not be opened because the sensor is locked behind silo data and walled garden.
Use Case For DAO DataBroker
One of the best ways to understand DAO DataBroker values is to look at use cases. Here are some cases of DataBroker market usage:
Agriculture:
Farmers can get real-time reliable weather data from sensors placed throughout the country, increasing farm effectiveness and efficiency.
Academics:
Universities and colleges can access data from millions of sensors at low cost, increase the potential of research projects and open up a wider world of data.
Environmental Studies:
Environmental agencies can collect data from millions of sensors to understand environmental changes and where to act. Instead of relying on a centralized weather station, they can get instant, live to see the sensors in a certain location - from the top of the mountain to the middle of the city.
Smart City:
DAO DataBroker envisioned a future where "Smart City Initiatives can limit the initial cost of archipelago cities by censorship and turn costs into investments." In other words, cities that install IOT devices with sensors can cover some of the costs by selling IoT sensor data - such as by selling them to neighborhood agencies or farmers.
DataBroker DAO Token Sale
DataOroker Data DAF Data token sales are scheduled on 18 to 16 October (or whenever there is a hard hat).
60% of the total token inventory was sold during the sale, and an additional 5% was sold during the initial sale. 20% tokens are provided for the platform, while 10% are booked for teams and 5% are reserved for referrals.
1 ETH will buy 1200 DATA tokens. The company's goal is to raise 9375 ETH.
Who's Behind the DAO DataBroker?
DataBroker DAO is led by Matthew van Niekerk (CEO and Co-Founder) and Roderik van der Veer (CTO and Co-Founder).
Van Niekerk has previously founded and exited two companies in Japan. Van der Veer, meanwhile, built one of the largest e-commerce computer store websites in Belgium in 1999, then worked in IT. He co-founded SettleMint, a blockchain technology company, in 2016.
Benefits Of DataBroker DAO
DataBroker DAO aims to benefit three specific parties. Here’s how each of the three parties in the DataBroker DAO ecosystem will benefit:
Sensor Owners:
Sensor owners can monetize their data and turn a sunk cost into a potential money maker. This gives sensor owners 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 telecommunication companies can present a win-back to their enterprise accounts, giving them a clear unique selling proposition (USP).
Sensor Manufacturers:
Sensor manufacturers can stop “racing to the bottom” for production and pull resources and capital out of manufacturing, then allocate those resources to profitable SaaS offerings.
DataBroker DAO Conclusion
DataBroker DAO is a decentralized autonomous organization that aims to create a distributed marketplace for IoT sensor data. Today, smart devices are all around us – and yet most of the data collected by these smart devices is used for a singular purpose. DataBroker DAO envisions a future where users can sell smart device data on an open marketplace. Farmers can purchase environmental data from sensors across their local area, for example, while universities can access a network of highly precise data points worldwide.
To learn more about DataBroker DAO, or to participate in the ICO, visit the company online at DataBrokerDAO.com.
Road Map
1. EARLY TOKEN SALE
| Start date | 18 september 2017 - 5PM CET |
| End date | 16 October 2017, 4PM UTC unless Hard cap is reached. |
| Tokens distributed | 11.250.000 (5%) |
| Goal | 9375 ETH |
| Hard cap | 15% of total tokens |
| Token rate | 1 ETH = 1200 DATA |
| Early discount | 20% discount |
| Referral Bonus | 5% of sold tokens |
| Currencies accepted | ETH |
2. MAIN TOKEN SALE
| Start date | 6 to 8 months after early sale |
| Tokens distributed | 60% |
| Token rate | 1 ETH = 1000 DATA |
| Referral Bonus | 5% of sold tokens |
Contacts
The developers can be contacted using the links below:
ETH Address : 0x4be0D62Fc296136326F1A6BB6E3A543472c41820
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