Home » tech news » Datum Token Sale Ends This Week Deadline: Nov 29 13:00
Datum Token Sale Ends This Week

Datum Token Sale Ends This Week Deadline: Nov 29 13:00

Datum Token Sale Ends This Week

Datum Token Sale Ends This Week Deadline: Nov 29 13:00

Deadline: Nov 29 13:00 UTC

The Datum Token Sale has been a success! Datum has raised over $7M USD so far with over 15,000 ETH.

Many of you have asked questions about Datum’s KYC process and why we require identity verification. Datum CEO, Roger Haenni, explains why in the below video.

Datum Token Sale Ends This Week

Datum Token Sale Ends This Week

Synopsis: KYC protects investors by ensuring the Datum Network is bankable now and in the future

With only a few days remaining, here are a few important bits of info for you:

  • You can now purchase DAT with Bitcoin or ETH
  • Token sale ends on Nov 29 at 13:00 UTC
  • Over 638,000,000 DAT have already been sold
  • Over 80,000 people have signed up to the Datum beta app waiting list
  • Over 2,400 people have participated in the Token Sale
  • Datum’s technology and API are being integrated into Ozmo smart bottle and SWINGS smart watch with more partnerships in the pipeline
  • We just announced that excess DAT will be “burned,” increasing the value of the DAT
  • Earn 5% bonus by referring people; login to the Token Sale at datum.org to get your referral link
  • You can contribute multiple times in the Token Sale simply by sending additional ETH payments
1.
Users
submit data
by connecting different services to the platform, paying a small DAT token fee to store it in the network.
2.
Storage node miners
save and transmit the encrypted data, earning DAT tokens for it.
3.
Buyers acquire data
in exchange for DAT tokens that are payed back to the data owners.

The Datum App

End users do not need to interact with complicated wallets, instead Datum provides a simple to use mobile app. Preview app

Simple

Simple interface abstracts Datum network complexity for every day users

Secure

All data is encrypted in the app before its sent to the network

Private

Data is cleaned from personally identifying information and patterns

Share -Datum Token Sale Ends This Week

Ability to share data with non-profit entities such as researches. NGO’s and others

Distributed

Data is safely stored across multiple storage nodes running Datum’s blockchain database

Sell

Users can choose to selectively sell anonymized data to trusted entities in return for DAT tokens

Take Control of Your Data with Datum

“Datum is taking the power of data back to the users who create all that wonderful selling points that companies like Google, Facebook and the like take advantage of without offering your any monetization possibilities. They make money off your data while you get nothing in return. Its really a backwards system and Datum is looking to help put that power back in the hands of the people.” – Tijo of Arcane Bear

Data Is The New Oil

Datum is creating a global data exchange by turning data into tradeable commodities. This technology allows anyone to backup structured data like social network data, data from wearables, smart home and other IOT devices in a secure, private and anonymous manner. Datum Token Sale Ends This Week

Use cases

Consumers Receipts for Financial Analysts and Hedge Funds

If the user opts-in, the Datum App can extract digital receipts from their email inbox. This data can be used by companies, financial analysts, hedge funds etc. to analyze and predict market behavior. For example, predict the true demand for the next iPhone by analyzing Apple Store pre-order confirmation emails, their frequency, and velocity.

B2B Data Marketplace – Datum Token Sale Ends This Week

Datum is not just for users selling data to companies. It’s for anyone with data to sell to buyers. For example, Company A collects data from satellites, normalizes it, and re-sells it to various buyers. Datum provides Company A a marketplace to find new customers as well as the technical infrastructure to charge and bill for their datasets. All built-in to the Datum blockchain database and ecosystem.

C2B2B: Enrich Bluetooth Beacon Data with Consumers’ Data

Company B with Bluetooth beacons installed in retail stores creates billions of data points every day. They are interested in purchasing shoppers’ location data from their phones to enrich their in-store data with behaviors before and after the visit. With the user’s permission, the Datum App extracts users’ location data, securely anonymizes it and makes it available through the Datum Marketplace. Company B can now enrich their existing data set with this new data and re-sell the new, more valuable data back onto the Datum Marketplace. Proceeds of the enriched data sale are shared back to the original consumer data owners as well as Company B who added value to the data.

Telecom Company Selling Smart Home Kits and Unsure How to Unlock Data Value

Large telecom Company T sold smart home kits to over 1M households in 2017, but smart home is not their core business. Now they have mountains of data from the smart home gateways of all the homes, but they do not know how to unlock the value that lies in this data. By uploading data sets to the Datum marketplace they can gauge interest in the data and find customers who are interested to buy this data.

Marketers Looking for People Interested in Electric Vehicles in London

With the users’s permission, the Datum App collects social media likes and preferences and aggregates the information into lookalike audiences that marketers can buy.

Mobilizing Communities To Collect Data Datum Token Sale Ends This Week

The right mix of fertilizers specific to a region and crop can be the difference between feast or famine. Poor farmers in developing countries can not afford to pay for soil analysis on their own. Several NGOs already provide free fertilizer mix analysis but they need data. Using the Datum App, people are incentivized to enter soil sample measurements and make it available for NGOs to process. The resulting fertilizer mix ratios are shared back with the farmers who can use it to boost production.

 

Health Data for Insurers & Research

The Datum App helps users extract and anonymize their health data. Insurers, pharmaceuticals, and academic researchers are frequent buyers of health data for research purposes.

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