DTX Token ICO

in blokchain •  7 years ago 

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DTX Token
The DTX token is a utility token in the Databroker DAO platform14.
The DTX token is a ERC20 compliant token with 18 decimals.
The token will serve as the credits to buy and sell sensor data within the platform.

There will be a minimum stake required to be listed in the registry at all. Data sellers can stake more DTX tokens if they want to. Staking more allows these streams/ sets to appear more prominently in the listings (e.g., sorting, or additional badges in the interface) improving the chances of being bought, and at the same increase the guarantees a buyer has that the data is of good quality and contains the advertised information.
A data buyer that is unhappy with the quality of data can challenge an entry in the registry by staking some DTX tokens. This challenge will be represented in the UI to all potential buyers as a negative reputation score. In itself, it does not have any effect on selling of the data.
Upon reaching a certain threshold of challenges, a check of the data provider will be performed by a DataBroker DAO administrator. Upon finding issues with the advertised data, it’s stake is distributed equally over all challengers and the DataBroker DAO platform wallet.

Size Of Market
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DTX Token Distribution
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  • 5% is reserved for team incentives over
    the coming 4 years. The majority of this
    team fund will be distributed to team
    members joining the project and will be
    vested in stages over 3 years, and the
    unvested tokens return to the fund in
    case the team member leaves the team.
    The rest is distributed to current team
    members and advisors.

  • An additional 10% is reserved for the
    platform fund. The majority of these
    tokens will be used to allow enterprise
    users to buy tokens using fiat currency
    to ease adoption of these crucial users.
    This will happen if no other solution via
    exchanges can be found, and gradually
    over the next 4 years as not to influence
    the market.

  • Our earliest supporters, those who
    purchased the old DATA token, will
    get an equivalent of their original ETH
    investment at current prices in DTX
    tokens at a bonus rate of 60% to reward
    them for their trust in the project. This
    amounts to 6,5% in total.

  • 30% or 67.500.000 tokens will be locked
    up until January 1st, 2021. Effectively
    decreasing the available supply
    significantly for the foreseeable future.

  • 0,5% of the tokens is reserved for the
    bounty campaign.

  • The rest, 108.000.000 tokens (48%) will be
    sold in to this sale event

DTX Token Sale Stages
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For more information you can also check and visits this links :
Website : https://databrokerdao.com/?ref=btctalk
Whitepaper : https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_ENG.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2113309.0
Bounty Thread : https://bitcointalk.org/index.php?topic=2909180.0
Facebook : https://www.facebook.com/DataBrokerDAO/
Twitter : https://twitter.com/databrokerdao
Reddit : https://www.reddit.com/r/DatabrokerDAO/
Telegram : https://t.me/databrokerdao

Created by:
Username bitcointalk : trysetya11
Link profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1686500
Ethereum Wallet Address : 0x24F26311B28E86523DB5f34BbF69cb63f331D403

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