Topic: [ANN][ICO] 🌟🌟 Datum - Unlock the Bln $$ Data Economy - ICO 29th October - 🌟🌟 - page 197. (Read 84852 times)

will be yuuuge!

Hi! Just found this project, and it seems cool. Nice that you airdropping some DAT:s. Hope this community get big.

Good luck for the devs!

Thanks for the great question:

Data is stored in encrypted form (AES256-GCM) on the Datum Network blockchain, the term "blockchain" is used liberally in this case as it is a network of BigchainDB nodes (which you or anyone else with a powerful server can run, these nodes get paid DAT for storing and transferring data), this network has "blockchain" like characteristics like decentralized control, immutability and transfer of digital assets ownership but is not a blockchain in the traditional Bitcoin/Ethereum way.

The marketplace layer is controlled by the DAT token which runs on the Ethereum blockchain, this layer stores "hashes" (you could say links) to the data stored in the Datum Network blockchain. 

An interesting project, if it is realized it will be wow.
The price for the token is quite acceptable, and in the future it can become much more.
And now there is the opportunity to enter the 50% bonus, I do not even know, but I'm very interested.

How secure data is stored on Datum

Jesus, everyone and their mom are sure doing ICO's these days. I guess I'll just have to read the whitepaper and try to keep up with the all the offerings. This is a damn full time job!

Registration for the Datum Presale Whitelist is now open, here is how: https://medium.com/@datumnetwork/datum-presale-whitelist-46249c06feb

we just announced an Airdrop here: https://bitcointalksearch.org/topic/--2060447

The whitepaper contains team information but we will update the bitcoin post here asap and include a more detailed roadmap.
More comprehensive bounty program will be announced soon.

You can see your entries here: https://gleam.io/0Erg1/dat-token-giveaway

Where you can see the calculation change?

Is there a limit to get a free DATA token, because if only entering the email would be a lot of come with multiple accounts 

Currently 5 people on team, yes we will use escrow.

Its interesting however i want to know about the team and its roadmap to take along the way. About the bounty do you plan to open for facebook and Twitter and other bounty campaign ?

Thanks for the excellent question, here is what we think will create the perfect storm that will lead to data ownership being returned to us as individuals:

1) Legislation by Governments and Antitrust Regulators, it is already on the way: https://ec.europa.eu/digital-single-market/en/building-european-data-economy
However for this to work there needs to be a neutral (decentralized) network where the data can live that is not controlled by a single stakeholder (such as Facebook), that is exactly what the Datum Network provides.

2) Economics: Why buy data from Facebook or others when you can cut the middlemen and get data directly from users?
Example: Uber used a startup unroll.me that was secretly reading people's Gmail to pilfer Lyft receipts data so they could get competitive intelligence: https://www.engadget.com/2017/04/24/unroll-me-pseudo-apology-for-uber-deal/
With Datum Network its much easier as they can cut the middlemen and simply buy Lyft receipts data directly from users themselves.

3) Streamlined access to much more user data than developers and companies can get elsewhere, enabling a new bread of applications and services
Example: With the Datum Network API's developers can tap into much larger and wider amounts of a users personal data (always with the consent of the user obviously), this will allow for new services and also provide an incentive for developers to use the Datum Network, it will be much less cumbersome to simply ask users for permission to use some of their data for a specific purpose, rather than dealing with Facebook, Google & Co autocratic policies

4) Market Pressure: Users will start to demand that companies utilize safe data storage such as on the Datum Network
Example: In the last years we have seen so many data leaks, users are getting fed up. Just as you expect your crypto exchange nowadays to handle your funds with care (2FA, Cold Storage, Security Audits etc.) you expect companies that handle your data to treat it with care, that is not the case nowadays, and who really wants to trust companies? With the Datum Network you are back in control what happens with your data

Looking forward to the community's thoughts on this, we are excited to bring this project alive and power the personal data information economy!

DAT Token Crowdsale
Role of Token Enable trade of data between data owners and buyers
Symbol DAT
Supply 3,000,000,000
For Sale 1,530,000,000
Emission Rate No new tokens will be created
Price 10’000 DAT per 1 ETH
Sale Period 12/09/2017 14:00 UTC to 12/10/2017 13:59 UTC
Accepted Currencies ETH
Token distribution date 19th October to 26th October 2017
Minimum goal 10’000 ETH
Maximum goal 300’000 ETH

how much it will be in dollars 100 datum bounty ? do you have your team or is just one person that is holding this project? dyou will use an escrow to make the investors safe?

Interesting concept around a controversial idea. How exactly would this disrupt a huge company, say facebook, from giving out data?

Indonesian translator reserve

Data is the new Oil and Datum is creating the first spot market for data by turning user and device generated data into tradeable assets. This entirely new market is estimated to grow to $120 Bln dollars and Datum is well positioned to take a significant market share given its first mover advantage.

DAT Tokens are the exclusive currency of this new market, and as it grows, so does the value of the DAT Tokens.

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Datum is a decentralized and distributed user data marketplace backed by a blockchain ledger. This technology allows to store and trade user generated data, such as social media data, internet activity data, health and wellness apps data, and also data from wearables, smart home, smart car and other IOT devices in a secure, private and anonymous manner. It lets individuals retake ownership of their personal information so they can sell it directly to businesses on their own terms.





Datum is for End Users
Datum returns data ownership back to individuals and let's everyone control whom they share their data with and for what price

Datum is for Storage Node Miners
Miners running Datum Storage Nodes are paid for storing and providing low latency access to data. All you need to mine is a free disk space and fast internet. No GPUs. No crazy electricity bills. Just DAT tokens coming in to your wallet.

Datum is for Companies
Datum allows companies unprecedented access to users data, with users consent. Currently developers are restricted by what Facebook, Google etc offer through their APIs, and these APIs come with massive restrictions and limitations. With Datum companies can buy the user data they need directly from users. No middlemen needed. Simple and straightforward.

Datum is for Everyone
Datum provides a simple and easy to use mobile app backed by the Datum ecosystem, Datum marketplace and open API.