Topic: [ANN][ICO] Datawallet - Make Your Data Work For You - page 39. (Read 58941 times)

The DataWallet Telegram group has now passed 5700 members! Let's make it 6k in time for the main sale, come join us at: https://t.me/datawallet

Hey where can we find information about the current Presale stats?

Hello there.

1. The data-sharing economy is also dysfunctional for data consumers, with issues that can be understood in terms of the silo, quality and ethics problems. The silo problem occurs because data is collected across a variety of websites and platforms. Because the data collection occurs in separate “walled gardens”, data consumers are forced to piece together disparate pieces of information in order to produce a profile of an individual, which can lead to inaccuracies and models that are generally incongruent with true online engagement. This contributes to a quality problem. Finally, the ethics problem is clear—data is acquired and monetized by corporations without informing data creators. DataWallet solves these problems by creating a new data market which utilizes blockchain technology, creating a transparent systems that can simultaneously give data creators back control over their data while providing data-informed businesses the highest quality, ethically sourced data.

Datawallet is on a mission to give personal internet users ownership of their data and in the process put $300 billion back into their pockets. Right now, companies called Data Brokers scrape the data we create behind our backs without us being able to see what data they are sourcing, control what happens with this data, or claim any of the profits made with our data. Datawallet provides users with a self-sovereign wallet that puts them in charge of their data, and allows them to monetize as well as utilize an asset that is rightfully theirs. It empowers developers to leverage a completely new data universe to build the most advanced applications ever. And it provides companies with insights that will boost their operations on a never before seen scale.

2. Once accounts are connected to datawallet we can see all the history and informations and compare it to the normal, average, data profile, etc.
The Datawallet Search Agent helps data providers find requests that are relevant to their data profile.  In order to do this, users release data directives to the Search Agent, which includes demographic information or any other data points that will help the Search Agent find a relevant data requests. Once a provider finds a request that they can fulfill the terms of, they accept the request and a smart data contract is initiated. The contract posting is saved to the blockchain. In order for the smart data contract to be completed, both parties need to fulfill their part of the agreement. For requesters, they need to post the DXT offered to an escrow account specific to the contract. For providers, their data needs to be verified before the exchange can be completed, to ensure they are providing the requested data and meet the demographic requirements.

In addition to helping providers find requests, Search Agents help verify that users can provide the data promised in a smart data contract. Search Agents use the relevant data directives of the provider to attempt to verify that the provider can meet the terms of the smart contract. If they can, the exchange can be initiated, otherwise, additional communication and coordination between the Search Agent, the smart contract, and the providers Data Profile is necessary to decrypt the relevant data points and ensure that they conform to the smart contract’s specifications.

Dear DTX-Team,

I really like your project and hope everything goes fine for you.

I have only two major concerns after reading whitepaper*

1) You mentioned Acxiom (and other Data Brokers) as your main competitors. Since they get all data for free and are well established (Acxiom has more than 4000 workers). They must be efficient with data preparation etc. and selling big packages of prepared data to companies. Companies will be able to get these data for much less than from DTX-Exchange and they are able to get big packages of data fast. So for companies to get Consumer Data from DTX-Exchange will be costly and time-consuming.
--> So how do you think to solve this issue, to make it for companies more attractive to get Data from DTX-Exchange than from your competitors? I know that your main argument will be Data Quality (which these competitors don't provide) and here comes my second question.


2) Who and How does one ensures that the informations the Data Providers (Consumers) provide to Data Requesters (Companies) are real or true? I mean everybody can make up a story to earn some money... And in many surveys people just make random statements...
--> So, is there any mechanism that ensures Data Quality from Data Providers?
-->And how can companies be sure that they get Quality Data?
-->What are the incentives to provide Quality Informations for Consumers (other than DTX-Tokens in exchange for answering Data Requests, we already know that)?

What I personally would like is if Data Providers could be also incentivized (earn more DTX-Tokens) to confirm true/false information data of other Data providers, but since it is personal information its off the table :/


Looking forward to your answers. Thanks in advance!


*maybe I missed something, but that's why I am asking you

Here is a official guide on how to participate in Datawallet Presale https://medium.com/@DataWalletHQ/how-to-participate-in-the-datawallet-pre-sale-e0843fa1b92d

I'm pretty sure it would also be illegal.

Regarding the pre-sale? It is open right now. If you are referring to the main sale, more about that soon.

Is there a date to open whitelist?

That would not work as you have to also provide your information.

Greeting from Canada.Can I use a VPN in order to participate? Would it cause any problems

Please keep in touch if there are any changes to the ICO or milestones so we can update the information.

Thanks!

Yes, if you're whitelisted for the presale and are unable to contribute for any reason, your status will roll over to the crowdsale.

Will those in waitlist people get prior opportunity to join crowdsale?

Here is twitter if it is any use to you https://twitter.com/DataWalletHQ

Why don't you use Facebook? It will share more info about Datawallet. Look, for example, now I'm waiting for the LuckyToken ICO and looking forward to hearing about it on FB.

As of 2PM ET (GMT-4) today, the Datawallet Pre-Sale is officially open.

Please refer to the article here!

https://medium.com/@DataWalletHQ/announcement-datawallet-pre-sale-open-acce8810a35f

If you seem to run into any issues regarding the token sale, please refer to our Telegram channel. We will try to help you out as soon as possible:

https://t.me/datawallet

Please take a look at the Medium blog with all the official information.

https://medium.com/@DataWalletHQ

Here's one of the recent announcements in regards to the tokens:

https://medium.com/@DataWalletHQ/announcement-token-supply-increased-from-750mm-to-1-000mm-72b026fb3320

Hey I have search all over and still did not find any information about the project's cap, ICO price, token allocation and all....any ideas where to look?

Thank you for the reminder, with so many great projects these days, these kind of reminders do help out.