DataBroker DAO Set to organize a Fundraiser to help in the Development of its IoT Sensor Data Marketplace

Internet of Things (IoT) is the future of technology, just like blockchain. DataBroker DAO is the first blockchain marketplace to sell and buy IoT sensor data. Now, the startup is organizing its presale event from March 19, 2018.

DataBroker DAO will remedy the situation regarding lost opportunities caused by IoT data sensor that has been locked in silos of organizations globally. It’s no news that the IoT sensor is booming for now. Organizations around the world are now spending billions of dollars annually in setting up and maintaining their IoT sensors.

Huge Potentials

There are over 9 billion IoT sensors deployed to different areas of the world. Some measure temperature while some others deal with traffic congestion.  The world is going “smart” on everything. Therefore organizations deploy these IoT sensors to improve their operations.

These IoT sensors are vital to the companies that own them, and they are also precious to third parties that will need the data for other uses.

The DataBroker DAO ERC20 token is the native token of the platform, and it enables users to access IoT data.  The IoT sensor owners monetize their systems and recoup costs by rendering IoT services to data purchasers.

IoT Sensor for All

The IoT sensor market reaches the $150 billion mark yearly.  There are over 5000 firms in the IoT space, and shortly data will become a very precious asset to large industries due to its power to control the world around us.

How it works

DataBroker DAO can be likened to major retail merchants like Amazon and others. It’s a marketplace for data where owners place their data up for sale priced in DTX token. They also secure their data.

An IoT marketplace has countless benefits to a vast number of industries from transportation to Academics to Environmental agencies. It’s a win-win scenario for all.

The power to gather data from millions of sensors globally lets anyone with a real need for data get it in real-time and make use of it in any way they may choose.

Token Generation Event

The token sale begins on March 19, 2018. The Databroker DAO token will be sold at a conversion rate of 1 ETH = 4000 DTX. There’s a 50 percent bonus for all contributors in the presale. The minimum purchase during the presale is 10 ETH.

The Crowdsale begins on March 26, 2018, and will run for four weeks. Participants will receive 10% bonus in the first day of the main token sale.

The DTX token is an ERC20 token. It is the native cryptocurrency and primary medium of exchange on the platform.1 DTXtoken covers the average value of data from a sensor for one week.

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