DataBrokerDAO

DATA BROKER DAO

This is a decentralized marketplace for Internet of Things (IOT) sensor data using block chain technology which enables sensor owners to turn generated data into revenue streams.

PROS:

• The platform connects sensor owners with purchasers of data directly  hence utilizing the existing infrastructure from telecommunication providers operating sensor connectivity network based on SGM LoRa or via a property gateway of the sensor owner
• Increased creativity of the sensor data use. The provision of the distributed layer for buying and selling of IoT senor data enables the users to create more advancements on the use of these data hence enriching the quality of life in the cities and societies
• The merging  of internet of things and block chain enables sensor owning organizations  to store data immutably ensuring its integrity  and provide a clear path of data monetization
• The platform enables the sensor owners to directly monetize their data to generate passive income that provides a sunk cost into their potential money maker  giving them an opportunity to regain their investments in IoT sensor s
• The platform enables the storage of large data with provision of processing it. The dAPI connectors enables the user to integrate with leading IoT and big data storage vendors leaving the buyer the choice on where their data needs to be sent
• The platform team involved has relevant skills and expertise necessary go the execution of the project as the co-founder and the CEO  Mathew Van Niekerk successfully managed financial institutions

CONS:

• The adoption of the platform reduces the day to day sales of companies
• The whitepaper is complicated with  no indications of the future expectation of the DTX token
• The DTX token  use doesn’t  promote improvements of small businesses

SUGGESTIONS:

• The platform white paper should b more elaborate showing  more importance of using the DTX token
• The token holders should be given more incentives in the platform including ownership rights

NOTE:

Despite this project offering Internet of Things (IoT) sensor data it’s not beneficial to all the stakeholders involved limiting its use. I would therefore not invest in this project

Advantages.
1. A new field called IOT sensor market. Since there are few competitors, they can take a relatively preemptive effect.
2. It is supported by a large company called Overstock. With the support of big e-commerce companies, they can quickly enter the market and their roadmap is fast.
3. Hard cap is relatively small, so you can expect a price increase.
A complementary point
1. Marketing is not very strong.
2. The bonus rate will vary depending on the stage of sale, so there is a possibility of price dump to occur in the early stages.
3. It is a long-term investment because the price rise momentum can occur only if the market is actually formed.

DataBroker DAO is a decentralized autonomous organization that aims to create a distributed marketplace for IoT sensor data. Today, smart devices are all around us – and yet most of the data collected by these smart devices is used for a singular purpose. DataBroker DAO envisions a future where users can sell smart device data on an open marketplace. Farmers can purchase environmental data from sensors across their local area, for example, while universities can access a network of highly precise data points worldwide.

The mains, who will be benefitting from this project include sensor owners, network operators, smart city initiative projects, academics, agricultural sector and sensor manufacturers.

They all will be allowed monetizing their data and convert any drowning money into revenue stream. Network owners are somehow will be allowed to pick up speed and scale in their business. Apart from these, smart city initiatives and agricultural sector will be able to restrict their upfront cost of a populous city with adequate sensors and also turn the spending into a profit-worthy investment. Speaking of agricultural sector, only 10% of farmers are tech-savvy. What they do is deploy sensors for temperature, humidity, wind and barometric pressure measurement. Lastly, and not the least of course, institutions will be able to get millions of sensors and purchase data straight from the owners. The cost is also cheaper on this blockchain-enabled marketplace.

Hence, if you are considering investing in an ICO, you can choose DataBroker DAO project. Not just the wise token allocation, but their purpose deserves to be supported. A smart city will contribute to building a smart earth.