DataBroker DAO, the world’s first marketplace for the exchange of sensor data, is proud to announce the listing of its utility token, DXT, just after rounding off the first week of its presale event. DXT token is already listed on a leading crypto exchange CoinFalcon.
The forthcoming listing is a testament to DataBroker DAO’s increasing reputation as the premier marketplace for Internet of Things (IoT) devices, after winning ICO pitch competition in San Francisco and taking the second prize at the Vilnius ICO Pitch Competition. The awards demonstrate DataBroker DAO’s unique business model and enterprising token economics.
DataBroker DAO represents itself a decentralized marketplace for IoT sensor data utilizing Blockchain technology to enable sensor owners to convert data into revenue streams. Users from any background and location in the world can now sell or buy local IoT data in a marketplace projected to reach 1.2 Trillion USD by 2019. By unlocking a previously overlooked and uncatered for a section of IoT data, DataBroker DAO has a headstart on a market sector that is forecasted to be worth approximately 120 Billion USD by 2019.
Listing any crypto on an exchange can significantly impact the value of a token and expose it to a large community. CoinFalcon is one of the most intuitive crypto exchange that enables users to seamlessly exchange cryptos, buy, sell or exchange over 30 different cryptocurrencies. The platform offers an ‘instant trading’ feature allowing users to instantly start trading their favourite cryptocurrencies as soon as their deposit is confirmed. All deposits on the platform is free, eliminating the loss of value that often occurs when transferring to an exchange.
Recently, DataBroker DAO has announced a “V2.0 Alpha” version upgrade based on feedback from both the community, testers, token holders, and alliance members. The update offers better stability and user experience. The platform has also announced a collaboration with IoT Application enablement platform, AllThingsTalk Cloud.
AllThingsTalk is a revolutionary ‘middleware’ platform providing users with end-to-end solutions for their hardware and software and enabling them to aggregate and process their IoT data. The platform serves as a bridge connecting IoT devices to web services, facilitating interactions, and storing data that can be visualised on mobile or web dashboards.
DataBroker DAO’s partnership with AllThingsTalk aims to provide a seamless onboarding experience for its ecosystem. Users and developers can now concentrate on developing and deploying ideas and solutions without worrying about the implementation of technical solutions.
DataBroker DAO is issuing its DTX utility token as the settlement vehicle for all transactions on its network. DXT began its presale event on March 19th, 2018 and finished on March 26th, 2018. Participants were able to contribute to the event and secure DTX tokens by using ETH at 4000 DTX per ETH. A minimum contribution was set at 10 ETH.