[ANN][ICO] 🌟🌟 Datum - Unlock the Bln $$ Data Economy - ICO 29th October - 🌟🌟 - page 160.

the_donald

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Quote from: Drokzid on October 13, 2017, 11:34:07 AM

Quote from: FIEX on October 13, 2017, 10:36:26 AM

Quote from: Drokzid on October 13, 2017, 08:00:42 AM

Quote from: muvie on October 13, 2017, 07:58:16 AM

Could someone please tell me when the launch of the test network is scheduled? Is there any specific release date?

According to the DATUM whitepaper (you can find it here: https://datum.org/assets/Datum-WhitePaper.pdf) the launch of the test net aka the beta release will be in December 2017. A feature complete release candidate will be deployed in March 2018.

December 2017 isnt that far

The testnet will be launched a month after the ICO so thats a great reason to hold your investment. Then 3 months later they release the official platform.

So invest now if you believe in this project.
Profits will be there very soon!

Yes, I will also hold my stakes at least until main net release. If you are interested in trading instead of hodling, you could sell the news of the roadmap milestones.

the datum tokens should be held for as long as possible if you want to make money. then again you can make new ones by selling your data Wink

Drokzid

sr. member

Activity: 935

Merit: 257

HAIL THE KING!

Quote from: FIEX on October 13, 2017, 10:36:26 AM

Quote from: Drokzid on October 13, 2017, 08:00:42 AM

Quote from: muvie on October 13, 2017, 07:58:16 AM

Could someone please tell me when the launch of the test network is scheduled? Is there any specific release date?

According to the DATUM whitepaper (you can find it here: https://datum.org/assets/Datum-WhitePaper.pdf) the launch of the test net aka the beta release will be in December 2017. A feature complete release candidate will be deployed in March 2018.

December 2017 isnt that far

The testnet will be launched a month after the ICO so thats a great reason to hold your investment. Then 3 months later they release the official platform.

So invest now if you believe in this project.
Profits will be there very soon!

Yes, I will also hold my stakes at least until main net release. If you are interested in trading instead of hodling, you could sell the news of the roadmap milestones.

Voltaje

sr. member

Activity: 350

Merit: 250

Quote from: FIEX on October 13, 2017, 10:36:26 AM

Quote from: Drokzid on October 13, 2017, 08:00:42 AM

Quote from: muvie on October 13, 2017, 07:58:16 AM

Could someone please tell me when the launch of the test network is scheduled? Is there any specific release date?

According to the DATUM whitepaper (you can find it here: https://datum.org/assets/Datum-WhitePaper.pdf) the launch of the test net aka the beta release will be in December 2017. A feature complete release candidate will be deployed in March 2018.

December 2017 isnt that far

The testnet will be launched a month after the ICO so thats a great reason to hold your investment. Then 3 months later they release the official platform.

So invest now if you believe in this project.
Profits will be there very soon!

This project has been in BCT for many months, i've been waiting a lot, so a little bit more is not so bad, the testnet will be a good opportunity to test the technology, but in my case, I rather buy the tokens once I know how the technology works, not before.

SEELE^^01

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Activity: 952

Merit: 137

Quote from: Rigorous on October 13, 2017, 10:14:26 AM

Quote from: Jay2408 on October 13, 2017, 09:28:17 AM

Quote from: cantdecide on October 13, 2017, 08:39:44 AM

Point 4 is really interesting but I am not sure if this will be from interest for companies who wants to buy data. I think most of these companies have no interest in negotiate the prices again and again with potential sellers, especially when they would have to do this for example 10,000 times Cheesy

That probably applies also for data users, at least it would for me. I mean, we are talking about our data that is supposedly worth about 2000$ a year. So, when a company is interested in a piece of data I wouldn't want to negotiate back and forth if it's worth 10, 11 or 12$

Where is that $2000 calculated from anyway?

As user of Facebook, Google, LinkedIn, Twitter, Yahoo and similar services - every year you create an excess of USD 2000, created directly from your personal data alone

This article from 2015 is referenced:

https://techcrunch.com/2015/10/13/whats-the-value-of-your-data/

Facebook decided to acquire WhatsApp for $19 billion; that is, to pay $30 for each of its 600 million users. Similarly, the company headquartered in Menlo Park also paid $30 for each of the 33 million Instagram users back in 2012. A similar computation was applied when Minecraft was acquired by Microsoft.

Are there 66 companies that pay $30 per user yearly?

Also, a lot of data is worth much less than $30:

According to Privacy Rights Clearinghouse, there are currently 270 data brokers in the world. These professionals collect all types of personal data (such as public data, loyalty cards data, etc.) and sell it. The value of this data varies, but is often below $1.

For example, general information about an individual (age, sex, locality) costs only $0.0007.

this is a pretty interesting information you digged out of the internet

i would really like to hear a statement from roger haenni regarding this

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: Drokzid on October 13, 2017, 08:00:42 AM

Quote from: muvie on October 13, 2017, 07:58:16 AM

Could someone please tell me when the launch of the test network is scheduled? Is there any specific release date?

According to the DATUM whitepaper (you can find it here: https://datum.org/assets/Datum-WhitePaper.pdf) the launch of the test net aka the beta release will be in December 2017. A feature complete release candidate will be deployed in March 2018.

December 2017 isnt that far

The testnet will be launched a month after the ICO so thats a great reason to hold your investment. Then 3 months later they release the official platform.

So invest now if you believe in this project.
Profits will be there very soon!

Mystic90

full member

Activity: 154

Merit: 100

Quote from: Trrrt on October 13, 2017, 07:01:58 AM

The value is not only the data, it’s the ata you grate on your own, data about you, your habits and what you like. This is the real value of the data, and this is why many bug compagnies like amazon or google are so big, cause they manage all these data about us. Now datum will do the same and offer us a chance to see that economy and to understand it.

that is another interesting perspective to look at it. I can def see use cases in the future where are own behavioral data can be very useful when the products we use get better AI

haxllega

full member

Activity: 392

Merit: 100

Quote from: eneyardi on October 13, 2017, 06:37:47 AM

Quote from: batako on October 13, 2017, 06:05:59 AM

Quote from: Coin_trader on October 13, 2017, 04:34:50 AM

Quote from: Bambulee on October 13, 2017, 03:44:46 AM

DATUM will be a great platform. Sell and control your data.
You can choose what data you want to sell to the companies.

Yeah, it's better than having google or FB making money on our own personal data.

Everyone has their own data to be honest. But what kind of data will give us a chance to get money from it? This stuff looks so interesting but I am still don't understand it well. Why people needs our data? What makes our data have value? And so on!

Why do we really need this project? All data is already available on the internet and there is no sense in this project, as for me Embarrassed

Sure you will be able to sell your money to different companies. Those companies will buy the data from you because you offer it cheaper than facebook/twitter.

Rigorous

full member

Activity: 574

Merit: 115

Quote from: Jay2408 on October 13, 2017, 09:28:17 AM

Quote from: cantdecide on October 13, 2017, 08:39:44 AM

Point 4 is really interesting but I am not sure if this will be from interest for companies who wants to buy data. I think most of these companies have no interest in negotiate the prices again and again with potential sellers, especially when they would have to do this for example 10,000 times Cheesy

That probably applies also for data users, at least it would for me. I mean, we are talking about our data that is supposedly worth about 2000$ a year. So, when a company is interested in a piece of data I wouldn't want to negotiate back and forth if it's worth 10, 11 or 12$

Where is that $2000 calculated from anyway?

As user of Facebook, Google, LinkedIn, Twitter, Yahoo and similar services - every year you create an excess of USD 2000, created directly from your personal data alone

This article from 2015 is referenced:

https://techcrunch.com/2015/10/13/whats-the-value-of-your-data/

Facebook decided to acquire WhatsApp for $19 billion; that is, to pay $30 for each of its 600 million users. Similarly, the company headquartered in Menlo Park also paid $30 for each of the 33 million Instagram users back in 2012. A similar computation was applied when Minecraft was acquired by Microsoft.

Are there 66 companies that pay $30 per user yearly?

Also, a lot of data is worth much less than $30:

According to Privacy Rights Clearinghouse, there are currently 270 data brokers in the world. These professionals collect all types of personal data (such as public data, loyalty cards data, etc.) and sell it. The value of this data varies, but is often below $1.

For example, general information about an individual (age, sex, locality) costs only $0.0007.

cantdecide

full member

Activity: 336

Merit: 112

Quote from: Jay2408 on October 13, 2017, 09:28:17 AM

Quote from: cantdecide on October 13, 2017, 08:39:44 AM

Point 4 is really interesting but I am not sure if this will be from interest for companies who wants to buy data. I think most of these companies have no interest in negotiate the prices again and again with potential sellers, especially when they would have to do this for example 10,000 times Cheesy

That probably applies also for data users, at least it would for me. I mean, we are talking about our data that is supposedly worth about 2000$ a year. So, when a company is interested in a piece of data I wouldn't want to negotiate back and forth if it's worth 10, 11 or 12$

That's also true. You will maybe do this one or two times, but if you sell your data a lot at one point most people would just give up to negotiate because it's to annoying and time consuming.

Sozialtourist

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Activity: 686

Merit: 101

Quote from: levyashin on October 13, 2017, 06:38:56 AM

Quote from: Münzpräger on October 13, 2017, 06:30:42 AM

Quote from: batako on October 13, 2017, 06:05:59 AM

Quote from: Coin_trader on October 13, 2017, 04:34:50 AM

Quote from: Bambulee on October 13, 2017, 03:44:46 AM

DATUM will be a great platform. Sell and control your data.
You can choose what data you want to sell to the companies.

Yeah, it's better than having google or FB making money on our own personal data.

Everyone has their own data to be honest. But what kind of data will give us a chance to get money from it? This stuff looks so interesting but I am still don't understand it well. Why people needs our data? What makes our data have value? And so on!

I think you'll be asked for specific data that you can then upload.
As for the value of data, any company wants to make money. they'll analyze your data and use this information for personalized advertisement for example.

We don't know yet how will they gather our data. I don't think that you will fill a form or upload something.

I think there will be a browser or tracker program to monitor our behavior. Maybe you will see simultaneously how much money your data is worth and it will grow with every activity.

A little bit details from dev team about this issue would be nice.

Like its today, you most likely probably won't even recognize when you "produce" some data but maybe after there is enough to be sold, you will get a pop-up message. At least that's how I picture the whole process.

tiger5056

hero member

Activity: 686

Merit: 500

are we able to run DATUM node and receive rewards?

bitcoinbulk

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Activity: 280

Merit: 100

Ternion | Hybrid Crypto Exchange with fiat gateway

Being able to put a price on your data is key. You want the power in YOUR hands for YOUR data. The company that's looking to buy the data shouldn't have any leverage.

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: cantdecide on October 13, 2017, 08:39:44 AM

Quote from: Rigorous on October 13, 2017, 05:43:38 AM

Quote from: Marenos on October 13, 2017, 04:57:10 AM

Quote from: Jay2408 on October 13, 2017, 04:43:04 AM

Quote from: sockpuppet1911 on October 13, 2017, 04:26:42 AM

Quote from: Mystic90 on October 13, 2017, 01:05:44 AM

Quote from: Voltaje on October 13, 2017, 12:40:04 AM

Quote from: the_donald on October 13, 2017, 12:17:57 AM

Quote from: bitjet on October 12, 2017, 09:04:52 PM

Quote from: tiger5056 on October 12, 2017, 08:51:41 PM

this might help government and health care sector since lots of requiements

I think advertising industry will get more profit from this project than other industry

most likely, but any application of this project should be encouraged. what if the fitness devices we used sold our data thru Datum to research centers. then the info is used in research.

Our info could be used in research, science, politics, ads, Tv, etc. everywhere, also to do fraudulent schemes, so be careful where and to who you sell your data, and be careful not to be hacked, I don't think a hacker could get into the blockchain, but they could full the people into giving them the keys, so be careful guys, this project is too good to be accused of bad security when the users are the ones giving their data away by being not careful enough.

Atleast with Datum we have the choice who we want to sell it to, right now we have no idea what Google/FB and other companies do with the data the acquire.

Wait, we can choose the buyer? I must have missed this if this is true. I thought we can only sell it to highest bidder. I really don't know that would make any difference though, they can sell it again or do what they please with it.

Where did you read that we can sell data to the highest bidder? There's nothing about that in whitepaper, or at least I can't remember having seen sth like that.

Yeah I also couldnt find something like that. As I Said before: Datum will make some Deals with several companies. And than, everytime we sell our data with the App, the Data will go to these companies.

Maybe we are reading different whitepapers then? Here is a screenshot of an excerpt from page 13:

Especially point 4 where you as data seller receive requests from interested parties and can effectively negotiate a price.

Point 4 is really interesting but I am not sure if this will be from interest for companies who wants to buy data. I think most of these companies have no interest in negotiate the prices again and again with potential sellers, especially when they would have to do this for example 10,000 times Cheesy

That probably applies also for data users, at least it would for me. I mean, we are talking about our data that is supposedly worth about 2000$ a year. So, when a company is interested in a piece of data I wouldn't want to negotiate back and forth if it's worth 10, 11 or 12$

bitcoinbulk

full member

Activity: 280

Merit: 100

Ternion | Hybrid Crypto Exchange with fiat gateway

Quote from: Trrrt on October 13, 2017, 07:01:58 AM

The value is not only the data, it’s the ata you grate on your own, data about you, your habits and what you like. This is the real value of the data, and this is why many bug compagnies like amazon or google are so big, cause they manage all these data about us. Now datum will do the same and offer us a chance to see that economy and to understand it.

Exactly, it's a win/win situation. The consumers get paid for the data they want to provide. The companies get very specific data since they can state which information they are looking to collect. They can then get matched with a consumer willing to provide that set of data. It's awesome