Internet of Things (IoT) device industry has grown very large in the last few years. The ability of devices with sensors to gather data and act upon predefined settings by users is expected to be worth a whopping 1,200,000,000,000 USD industry by 2019, generating data that is locked away in isolated conditions, having immense potential as value, but being currently inaccessible.
Accessing And Monetizing Data
DataBroker DAO is a Blockchain, IoT data exchange platform that allows IoT device owners to sell their data online to potential buyers. Researchers and organizations are always looking for data and the IoT industry generates a lot of it. DataBroker DAO intends to help unlock a significant portion of the isolated data for exchange that is expected to be worth $120,000,000,000 in 2019.
The marketplace is decentralized, ensuring safety of data, instant monetization and elimination of any intermediary parties that would rake in commission, otherwise cutting into profits. The platform has also gone under a massive revamp. Listening to feedback from investors and potential users, the team decided to overhaul not only the looks and feel of the platform, but also the underlying coding and workings of the marketplace. This Alpha v2.0 upgrade has recently been announced.
IoT Data Assistance
DataBroker DAO fills crucial gaps in the IoT data sector, such as connecting buyers and sellers, trade, monetization and value addition. The data, however, needs to be analyzed by the buying parties before they can make sensible use of it. This means parties and organizations need to invest significant time and resources before the data can generate results.
The platform anticipated the issue and has partnered up with AllThingsTalk, a firm that helps in connecting different devices online, aggregate and process data. This allows users to concentrate more on planning and strategizing on their goals rather than spend time analyzing data.
Token Listing on CoinFalcon
DataBroker DAO understands the value of a token listing on an exchange. For any token, that means a positive impact on the value. This significant achievement has been made by DataBroker DAO as its token will be listed on CoinFalcon. The crypto exchange is a fully-fledged trading platform that has trading pairs with major cryptocurrencies, including BTC, ETH, LTC, Cardano, Ripple and more.
For those who are not familiar with the complexities of trading and simply wish to trade their coins and tokens immediately, there is also an instant buy and sell function available. This enables people and investors from all types of background to invest and make profit. The listing will allow early investors to reap the benefit of increasing value of the DTX token.
Token Generation of DTX
DTX, the native token of the DataBroker DAO platform, allows for monetization of data and instant value transfer, since it is a Blockchain-based decentralized token. The DTX is in its private TGE as of now, with 1 ETH fetching 4000 DTX. There is also a 50% bonus for early backers in this stage. A minimum of 10 ETH investment is required to participate in the event.