Datum ICO|| Make Money By Selling Your Data
The internet continues to evolve and with it our privacy continues to be a matter of debate. It was once taken for granted by people who worked in advertising that a person’s privacy was paramount. Now a days our privacy is being challenged. In this case u can sell your data and earn money through Datum. So we have to know what is datum? Datum is the decentralized storage network powered by the Data Access Token (DAT).
Datum encompasses the following key elements: A fast decentralized data store allowing users to store structured data securely running on a smart contract blockchain The DAT token enabling this data storage and sharing The data marketplace, enabling individuals to monetize their data on their terms Datum leverages BigchainDB and IPFS to provide an infinitely scalable, decentralized data storage backend. Data storage and data sharing is paid for by the DAT token.
Key Feature:
Decentralized Data Store: Secure, private and anonymous storage of structured data.
Storage Nodes: Miners running Storage Nodes are paid for storing and providing low latency access to data
Marketplace: Users can choose to share their data selectively or even sell their data to trusted entities.
User Specs
The user (source of data) is looking to solve the following criterias:
Secure: Data is encrypted at source
Tamper Proof: Data is immutable
Unlock value: Data can be monetized
Storage: Decentralized storage
Privacy: Data is stored anonymously
Control: User stays in control of critical points such as:
a. Life of data
b. Detail of data
c. Future use of data
The Datum App
Secure: The whole data is encrypted in the app before it’s sent to the network.
Private: Data is cleaned from personally identifying information and patterns.
Distribuited: Data is safely stored across multiple storage nodes running Datum’s blockchain database.
Simple: Simple interface abstracts Datum network complexity for every day users.
Share: Ability to share data with non-profit entities such as researches, NGO’s and others.
Sell: Users can choose to selectively sell anonymized data to trusted entities in return for DAT tokens.
Project Roadmap:
The Datum team has one focus: Creating a viable data marketplace in the shortest time possible.
September 2016 Concept Development: Founders start exploring large scale data storage for IOT devices in the medical and smart home sector and devise first prototypes of structuring unstructured data.
June 2017 White Paper & Concept Validation:
With the release of the white paper and the resulting community feedback we have fine tuned the concept and laid out the roadmap for the Datum Network.
August 2017 Pre-Sale & Alpha Version:
The Presale for the DAT Token started on 11th August 2017, and ended on 8th September 2017. DAT token allows users to participate in the new data economy.
October 2017 Datum Token Sale: The Datum Token Sale is planned to launch from 29th October till 29th November or until the hard cap is reached. Datum released an early alpha release of the Datum app before the launch of token sale. The development of the Datum test network continues.
December 2017 Test Network Launch:
The launch of the Datum test network marks the beta release and will allow basic functionalities to be explored by developers and the community.
March 2018 Release Candidate: The feature complete release candidate will be deployed to the test network and undergo intensive testing and bug fixing over the next three months.
June 2018 Datum Main Network Launch: The launch of the initial version of the Datum Main Network marks the start of the new data economy. At this point the Datum Network will consist of the decentralized Storage Layer, the Datum App, Open API’s to submit and consume data and a full fledged trading system.
June 2019 Data Service Providers:
To increase adoption of the Datum Network we will release an SDK and support system that allows developers to use the network as a decentralized database for any personal user data collected by their application or service. Developers can become service providers that facilitate storage and monetization of such data and in return take a cut of the data monetization revenue.
September 2020 White Label Offering:
Implementation of an abstraction layer on top of the Datum Network that allows for white label offering of data storage solutions with specific control and governance differences from the public Datum Network. These offerings are targeted at enterprise and government users of the Datum Network that have additional requirements on top of the public network mechanics.
Summer 2021 Complete Developer Ecosystem:
Completion of functionality on the periphery of the Datum Network that completes a full development stack to store, share, monetize and analyze data, in particular solutions to help with user authorization, data indexing and analysis of stored data while still operating within terms set out by data owners. We will also have completed implementation of a legal framework that ensures storage of personal data in the Datum Network is compliant (and exceeding) standards of data protection within various jurisdictions.
2022 The Global Data Marketplace:
At the 5 year milestone we plan to reach over 300M users in over 45 countries, although a continuous effort, we will by now have completed internationalization and localization for these markets. The implementation of a decentralized governance system for the Datum Network is completed and governance is planned to be transitioned to the Datum Foundation and governance decisions made by a quorum of token holders.
DAT Allocation Overview:
51% of all minted DAT tokens will be offered for purchase by the public under the ticker symbol DAT. The crowdsale will take place on 29th October 2017 at 1 PM UTC (GMT+0) and stay open for 31 days or until the hard cap of 61200 ETH is reached. 75000000 (75 million) DAT Tokens were offered to selected investors and the public as part of a Presale at the DAT Rate of 1 ETH = 10,000 DAT, which started on 11th August 2017 and ended on 8th September 2017. Including bonus offered to presale participants and adjusting for the DAT Rate change at time of main Token Sale (1 ETH = 25,000 DAT) the total amount of Tokens sold in the Presale was 214802742 (214.8 million) DAT Tokens representing ~7.16% of all tokens. 29% of minted DAT tokens will be held in a reserve by the Datum Network GmbH for community initiatives, user growth, business development, academic research, and future market expansion. 20% of raised DAT Tokens will be allocated to DAT core developers, founders and advisors with sales restrictions spread monthly over 2 years as incentive to ensure long term alignments of interest and commitments towards the future value of the tokens.
Datum will initiate a change in how people think about data. By empowering data creators with a secure way to store and exchange their data, and a vibrant marketplace to monetize this data, a new economic model will be created that empowers consumers instead of large private companies. The DAT token will facilitate compensation of data sources and storage nodes and enable a new era of secure and decentralized data storage and exchange.
If you want to know more about Datum then you can connect to their social network.
https://datum.org/
https://datum.org/assets/Datum-WhitePaper.pdf
https://t.me/datumnetwork
https://www.facebook.com/datumnetwork/
https://twitter.com/datumnetwork
Bounty0x username: cryptosourov