Pursuing their goal of establishing a global market for local data, Databroker DAO expands into China and extends its token sale while doubling rewards.

Many industries have been revamped and improved as blockchain has innovated countless sectors. The data industry is a massive, untapped market that DataBroker DAO are sharing with the world. Today’s companies use sensor data to optimize and monitor operations, resulting in a single purpose data landscape.

DataBroker DAO is the first marketplace to sell and buy sensor data. As a decentralized marketplace for IoT sensor data based on blockchain technology, Databroker DAO enables sensor owners to turn generated data into revenue streams. This will open up a wealth of opportunities for various industries as data will be fully utilized to become more effective.

DataBroker DAO is on a mission to establish a global market for local data. They are proud to announce the official dates and locations for the China roadshow from June 12th to June 20th, 2018. They also announce the extension of the DTX token sale, which now ends on June 30th, 2018. The move was due to new developments that were realized after carefully considering the the sizable Chinese Internet of Things (IoT) market.

Chinese Roadshow and Token Sale Extension

The DataBroker DAO team has recognized that China is the largest market in the world for IoT sensor data and hardware. This is revealed by a staggering statistic with 22% of the global market share. The expected annual growth is increasing faster than GDP, with projections expecting to hit 20-30% by 2020. This points to China standing out as the market leader in IoT by then.

The Chinese market is valued at approximately CNY 500 Billion (80 Billion USD) and is growing at a rapid rate. With all things considered, DataBroker DAO have made a tactical decision to extend the DTX token sale until June 30th in order to tap into this massive market.

The extension of the token sale has allowed potential Chinese stakeholders to take part. As a result, DataBroker DAO has postponed listing the DTX token on the CoinFalcon exchange until the end of the extension period. DataBroker plan is to tactfully work towards listing DTX on reputable and established Chinese exchanges.

The Chinese Roadshow Details:

  • 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

Aerodyne Partnership

DataBroker DAO haven’t just set their sites on China, they have a global vision. The team is proud to announce a strategic partnership with Aerodyne, a drone-based managed solution provider that has offices across the globe and 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).

The Aerodyne DaaS model has countless benefits with endless applications. Aerodyne drone can be deployed immediately and there is no risk of the drones becoming obsolete. The drone has the potential to improve environmental management, construction, security, surveillance and many more. The Aerodyne solution is cost effective and when paired with a market like DataBroker DAO, users can sell data collected by the drones to whoever desires it.

DTX Token Sale and Distribution

The extension of the token sale was not solely due to heading to China. When the original DTX token sale was heading to a close, the community raised several salient queries, regarding unsold tokens and if they would be burned upon sale completion.

Databroker DAO has made the informed conclusion that it would make sense to increase the distribution to the community. As a result all DTX tokens held, and those that will participate in the sale will be doubled! The base rate of 4000 DTX per 1 ETH has been increased to 8000 DTX per 1 ETH, according to the company’s press release. The token sale ends on June 30th, 2018 and the rate of exchange is now 1 ETH per 8000 DTX.

We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam. Views expressed in the comments do not represent those of Coinspeaker Ltd.