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Topic: [ANN][ICO] 🌟🌟 Datum - Unlock the Bln $$ Data Economy - ICO 29th October - 🌟🌟 - page 145. (Read 84852 times)

sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
Datum is the perfect platform for backing up your data, whether from social networks, health data, navigation data, domotic ect, you can also sell them according to your own conditions, this is what gives back a label for personal data.
Indeed this platform has great potential and almost no competition in crypto world. With their dev team everything is possible  Wink

Literally zero competition afaik. This coin could reach 1$ fairly quickly I believe, less than 1 year after listing
sr. member
Activity: 518
Merit: 250
Datum is the perfect platform for backing up your data, whether from social networks, health data, navigation data, domotic ect, you can also sell them according to your own conditions, this is what gives back a label for personal data.
Indeed this platform has great potential and almost no competition in crypto world. With their dev team everything is possible  Wink
full member
Activity: 490
Merit: 100
Datum is the perfect platform for backing up your data, whether from social networks, health data, navigation data, domotic ect, you can also sell them according to your own conditions, this is what gives back a label for personal data.
Well said, the data in the future will be greatly appreciated, there will be a battle between companies for your data.
And who put up more prices will get it  Grin
sr. member
Activity: 420
Merit: 250
Datum is the perfect platform for backing up your data, whether from social networks, health data, navigation data, domotic ect, you can also sell them according to your own conditions, this is what gives back a label for personal data.
Well said, the data in the future will be greatly appreciated, there will be a battle between companies for your data.
full member
Activity: 490
Merit: 104
Hi, this project looks nice you also have a German whitepaper?
I think whitepaper only in English, at least on their site others have not seen
German theme, you can ask there: https://bitcointalksearch.org/topic/annico-datum-die-mrd-datenwirtschaft-ico-17-oktober-2216896
legendary
Activity: 3990
Merit: 2695
Hi, this project looks nice you also have a German whitepaper?
full member
Activity: 686
Merit: 101
since eth is rising in fiat, maybe datum should reconsider the amount given of DAT Tokens for 1 ETH at the upcoming ico?

Probably it's pointless. In dollars, they will still collect the amount that can be collected. In addition, possibly eth will drop in price until the 29th. Now if there are unsold tokens, what will happen to them?

Well I hope unsold tokens will get burned, but I am not 100% sure. Can someone confirm this?

Good point, I don't know, there's nothing stated in their wp but  I hope so too, with this huge total supply of token.

Well there has been a statement from Roger Haenni on Telegram but its from mid-August. He said Unsold tokens won't be burned. They will go to a reserve to be used for another funding round once the network goes live for example.
If the tokens are not burned but will be frozen, this is not very good for investors, this will affect the price on the exchange negatively.

I also don't like this proposal to put unsold tokens in a reserve and do another token-sale round. But as I said, it's quite some time ago since Roger made this announcement on Telegram. Maybe they changed their mind in the meantime. Would be good to have an updated statement from the team regarding unsold tokens.
member
Activity: 89
Merit: 10
really like this project...you want my data you pay for it
full member
Activity: 294
Merit: 100
Finally I've read all the whitepaper. And I have a question. Won't Datum need some kind of monopoly to successfully function on the data market? Because large data consumers (facebook, google etc.) acquire and manage users data themselves. Or maybe Datum will be bought by some large player, data consumer shortly after launch (in june 2018)?

For me that's the most important question, how to convince the big players to use datum, what are benefits for the companies against the old ways of recolting data ?
sr. member
Activity: 420
Merit: 250
since eth is rising in fiat, maybe datum should reconsider the amount given of DAT Tokens for 1 ETH at the upcoming ico?

Probably it's pointless. In dollars, they will still collect the amount that can be collected. In addition, possibly eth will drop in price until the 29th. Now if there are unsold tokens, what will happen to them?

Well I hope unsold tokens will get burned, but I am not 100% sure. Can someone confirm this?

Good point, I don't know, there's nothing stated in their wp but  I hope so too, with this huge total supply of token.

Well there has been a statement from Roger Haenni on Telegram but its from mid-August. He said Unsold tokens won't be burned. They will go to a reserve to be used for another funding round once the network goes live for example.
If the tokens are not burned but will be frozen, this is not very good for investors, this will affect the price on the exchange negatively.
sr. member
Activity: 1372
Merit: 259
Quote
Data Consumers can choose to disclose the following (or nothing):
1. Identity
2. General Privacy Policy
3. Use of Data
4. Lifetime of Data
5. Datum Network Trust Rating

I cant understand about last. What is "Datum Network Trust Rating"? Can anyone explaine me, please?

Datum plans a rating system as described in their whitepaper:

"Datum also plans to implement a trust ranking system for all users (this includes​ ​owners​ ​of​ ​data​ ​and​ ​buyers​ ​of​ ​data​ ​as​ ​well​ ​as​ ​storage​ ​node​ ​operators)"

Who will estimate this rank system? Users or datum service?
full member
Activity: 448
Merit: 107
Yes im not worried about the ico, i really think that datum will raise a lot of money, ico start after the Bitcoin fork, and the market will be better for ico after it. And with that datum is a very bankable project with a huge target market and a lot of possibility and visibility. Datum will be a sucess I think.
full member
Activity: 686
Merit: 101
since eth is rising in fiat, maybe datum should reconsider the amount given of DAT Tokens for 1 ETH at the upcoming ico?

Probably it's pointless. In dollars, they will still collect the amount that can be collected. In addition, possibly eth will drop in price until the 29th. Now if there are unsold tokens, what will happen to them?

Well I hope unsold tokens will get burned, but I am not 100% sure. Can someone confirm this?

Good point, I don't know, there's nothing stated in their wp but  I hope so too, with this huge total supply of token.

Well there has been a statement from Roger Haenni on Telegram but its from mid-August. He said Unsold tokens won't be burned. They will go to a reserve to be used for another funding round once the network goes live for example.
full member
Activity: 798
Merit: 115
How many coins are reserved for the giveaway trough the campaign that is already going on for weeks?  Is there a fear that they reserved too much coins for bounties which might influence the value after ICO?
full member
Activity: 312
Merit: 106
Finally I've read all the whitepaper. And I have a question. Won't Datum need some kind of monopoly to successfully function on the data market? Because large data consumers (facebook, google etc.) acquire and manage users data themselves. Or maybe Datum will be bought by some large player, data consumer shortly after launch (in june 2018)?

Yeah, there must also be a private function, so that only Datum get the data. For companies like Facebook it would be difficult, but, for example, there are many possibilities to block google "Services" who are saving what you are doing
full member
Activity: 182
Merit: 100
Datum is the perfect platform for backing up your data, whether from social networks, health data, navigation data, domotic ect, you can also sell them according to your own conditions, this is what gives back a label for personal data.
sr. member
Activity: 420
Merit: 250
The first fork will rise about 6000, the second will 6800, though I'm not sure if the second one will benefits BTC, it appears that is kind of illegal, I personally won't support the segwit BTc fork, so on a good note, it will increase BTC anyway, up until 6800, then it will go down to alts Cheesy.

We are all waiting for that to happen.
This will also be the time that a lot of money will come into ICO, some will come to Datum!

So dont panic when the ICO in begin aint getting much funding, it will explode after the forks Smiley
Cant wait to invest in this project!
The more expensive the bitcoin will be the better for us, all investors will  to go into forks and buy on the tokens on ICO.
sr. member
Activity: 518
Merit: 250
What is the technology that allows data from one app on your Android or iPhone to be collected by a 3rd party app? Aren't apps isolated from each other?

No not really, for example there are tracking features wich allow to control other apps. Further everything is (temporarily) saved on the smartphone/pc. The app just needs access (;

I did not know that. Shocked Are you saying that potentially any app on a smartphone could have been eavesdropping on activity in other apps? Or what do you mean with "just needs access"?

This is not new. Say you like to surf website regarding cryptocurrency and blockchain, you will have more advertisement from those subjects delivered to you. You see it in youtube, facebook and other websites that has on-site advertising. So these few days some of us may be bombarded by advertisement from a certain ICO. These apps got your data from the phone. They took it free. Imagine with Datum you get to monetize it. Brilliant really.
Cookies and tracing addons are plague in these days. I hope that with Datum I will be able to benefit on this and monetize it  Cool
sr. member
Activity: 630
Merit: 276
The first fork will rise about 6000, the second will 6800, though I'm not sure if the second one will benefits BTC, it appears that is kind of illegal, I personally won't support the segwit BTc fork, so on a good note, it will increase BTC anyway, up until 6800, then it will go down to alts Cheesy.

We are all waiting for that to happen.
This will also be the time that a lot of money will come into ICO, some will come to Datum!

So dont panic when the ICO in begin aint getting much funding, it will explode after the forks Smiley
Cant wait to invest in this project!
member
Activity: 91
Merit: 10
firstboy
What is the technology that allows data from one app on your Android or iPhone to be collected by a 3rd party app? Aren't apps isolated from each other?

No not really, for example there are tracking features wich allow to control other apps. Further everything is (temporarily) saved on the smartphone/pc. The app just needs access (;

I did not know that. Shocked Are you saying that potentially any app on a smartphone could have been eavesdropping on activity in other apps? Or what do you mean with "just needs access"?

This is not new. Say you like to surf website regarding cryptocurrency and blockchain, you will have more advertisement from those subjects delivered to you. You see it in youtube, facebook and other websites that has on-site advertising. So these few days some of us may be bombarded by advertisement from a certain ICO. These apps got your data from the phone. They took it free. Imagine with Datum you get to monetize it. Brilliant really.
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