March 28th, 2018 at 3:43 pm UTC · 3 min read
DataBroker DAO have just rounded off the first week of their pre-sale for its token DTX that started on March 19th, 2018, The pre-sale came just after DataBroker DAO announced a “V2.0-alpha” upgrade in response to the feedback received from token holders, potential users and DataBroker DAO alliance members.
The DataBroker DAO platform is an IoT (Internet of Things) global marketplace, users of any background, size or stature can now purchase and sell their local IoT data.
The industry is expected to reach 1.2 Trillion USD by 2019, and DataBroker DAO is ahead of that market boom by unlocking a previously overlooked and significant portion of IoT sensor data that in 2019 will be worth approximately 120 Billion USD.
Databroker DAO’s recognition continues to gain traction, having recently won an ICO pitch competition in San Francisco and have taken second prize at the Vilius ICO Pitch Competition. This demonstrates the validation of the business model and token economics, and shows that Databroker DAO are building momentum after starting their public pre-sale.
Now, DataBroker DAO is pushing the platform to higher heights and has its native DTX token listing on the CoinFalcon exchange. Breaking through into an exchange can have a significant impact on the value of a token, and therefore that of the parent company.
CoinFalcon is an exchange designed to allow for most straightforward, ease of access for users, and the exchange presently lists BTC, IOT, NANO, LTC, and ETH. The site has ‘instant trading’ – a feature in which users can begin trading cryptocurrencies the second their deposit is confirmed; furthermore, deposits are free, so users never miss out on a price hike.
DataBroker DAO has also partnered with AllThingsTalk, a ‘middleware’ platform that allows customers to aggregate and process their IoT data.
The platform also provides users with an end-to-end solution that connects any of the user’s hardware or software platforms. In doing so, the devices can now be connected to web services, interact, as well as store data which is then visualised on mobile or web dashboards.
The purpose of this partnership is to bring in a smooth onboarding experience for users, buyers and sellers of IoT sensor data, allowing for more time to be spent on developing ideas and projects without having to worry too much about the implementation of technical solutions.
DataBroker DAO is committing itself wholeheartedly to the pursuit of its platform being acknowledged as a legitimate IoT sensor data marketplace and solution and have more plans ahead.
The DTX token is a utility to be used on the DataBroker DAO platform, acting as credits for the buying and selling of IoT sensor data. The presale began March 19th, 2018 and ends March 26th, 2018 – at present participants are able to secure DTX tokens by contributing ETH (1 ETH = 4000 DTX). There is also a 50% Bonus for presale participants (2000 additional DTX per 1 ETH) and the minimum contribution during the Pre-sale is 10 ETH.
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. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest