Place/Date: Dubai, UAE - June 18th, 2018 at 6:12 pm UTC · 4 min read
Contact: Frank Van Geertruyden, Source: Databroker DAO
In May 2018, DataBroker DAO announced the extension of the DTX token sale, it was moved to June 30th due to new developments that were realized upon carefully considering the sizable Chinese Internet of Things (IoT) market.
DataBroker DAO has acknowledged that China is the largest market in the world for IoT sensor data and hardware with a whopping 22% of the global market share. In terms of projected growth, the IoT market is growing faster than GDP; projected annual growth by 2020 is expected to be 20% to 30%, meaning that China will still be the market leader in IoT by then.
Considering that the Chinese market is worth approximately CNY 500 Billion (80 Billion USD) and growing at an accelerating pace, DataBroker DAO made the informed decision to extend the DTX token sale until June 30th in order to tap this gigantic market.
By extending the token sale, it is now possible for potential Chinese stakeholders to take part; as a result of this DataBroker DAO has postponed listing the DTX token on the CoinFalcon exchange until the end of the extension period. Additionally, DataBroker DAO is working to have DTX listed on a very reputable Chinese exchange.
DataBroker DAO is also heading to the lucrative IoT land of China to achieve the sale target of 108 Million DTX. DataBroker DAO has now announced the official dates and locations for its Chinese roadshow as well as the dates for the Rise Conference in Hong Kong and SIBOS, Sydney.
Details can be found below:
CHINA ROADSHOW, June 12–20, 2018
Shanghai 上海 Tuesday, June 12 & Wednesday, June 13
Hangzhou 杭 Thursday, June 14
Guangzhou 广州 Friday, June 15
Shenzhen 深圳 Saturday, June 16 & Sunday, June 17
Beijing 北京 Monday, June 18 & Thursday, June 22
For more details about the events Databroker will be attending, please visit the website.
Rise conference, Hong Kong, July 9–13, 2018
SIBOS Sydney, October 22–25, 2018
DataBrokerDAO is also setting up private meetings with Co-Founder and CEO Matthew Van Niekerk, should anyone be interested in doing so, email here: [email protected]
China isn’t the only international effort on the menu, DataBroker DAO is proud to announce a new member to its alliance. Aerodyne, a drone-based managed solution provider with offices across the globe has an industry leasing 35,000 flight operations and over 100,000 infrastructure assets inspected in 2017 with their unique DaaS model (Drone-as-a-service).
This has amounted to 80 billion dollars in the gross development value of construction projects.
The Aerodyne DaaS model has endless applications, environmental management, mining, project management, precision agriculture, construction site inspection, security and surveillance, emergency response etc. Aerodyne drone can be deployed immediately, no set up, no investment, training or maintenance costs, furthermore there is no risk of the drones becoming obsolete.
The Aerodyne solution is cost effective and when paired with a marketplace like DataBroker DAO, it will allow users of the solution to sell data collected by the drones (sensor data, photo, video material etc.) to anyone who so desires it.
Heading to China is not the only reason for the token sale extension. As the original DTX token sale was coming to a close, the community got in touch through the DataBroker DAO telegram, raising several interesting questions regarding whether or not unpurchased tokens would be burned upon sale completion.
Drawing from the most significant points of the conversation, DataBroker DAO has come the conclusion that it would be wise, and fair to increase the distribution to the community. So, for all those that have already purchased DTX tokens or those that will go on to participate in the sale, their DTX purchase has been doubled. The base rate of 4000 DTX per 1 ETH has been increased to 8000 DTX per 1 ETH.
The token sale ends June 30th, 2018 and the rate of exchange is now 1 ETH per 8000 DTX.
Disclaimer: Databroker DAO is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.