Last Update
Mar 14, 2018
A wide range of parties will benefit greatly
Before and during the token sale, a referral system is in effect. Contributions via a referral link will result in a bonus of 5% of the tokens sold via a referral link.
Sensor owners are able to monetize their data and turn a sunk cost into a potential money maker and at least the opportunity to recoup some of their investments in IoT sensors.
Network operators gain scale and speed in the adoption of their network as connected telcos can present a win-back to their enterprise accounts, a clear USP.
Sensor manufacturers can stop the "race to the bottom” for production and pull resources and capital out of manufacturing and allocate these to profitable SaaS offerings.
Smart city initiatives can limit the upfront cost of populating the town with sufficient sensors and turn the expense into an investment with a 2-3 year payback period and a continuous income stream after that.
Academics can get access to thousands of sensors and can buy data directly and more cheap on the marketplace, cutting out established data providers.
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Verified 17%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
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:
CONS:
SUGGESTIONS:
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.
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