Topic: [ANN][ICO] 🌟🌟 Datum - Unlock the Bln $$ Data Economy - ICO 29th October - 🌟🌟 - page 94. (Read 84852 times)

Not directly sell data, but there is a case about this in the whitepaper.
But about photos and videos, if any company wants to buy such data and someone wants to sell it, then why not?

Just got an email from Datum, Get ready!!! :

"Datum Token Sale This Sunday

The Datum Token Sale starts this Sunday, 29th Oct, 13:00 UTC.

To ensure you don't miss out on the best possible bonus, get whitelisted for the Token Sale (KYC process added today).

If you've whitelisted over 24 hours ago, check your status and finish the new KYC process."

yes switzerland is very good for ICOs and personal privacy also
and the Tezos ico was also based in switzerland

Which strickt policies you mean? A lot of ICO project registered in Switserland. They are loayity for ICO projects.

Actually, it is important for me which country is ico based on. I don't want to name any country but some have very legal gaps. But Switzerland is a country  you can trust

you would be selling the rights to use the photos, so if you see your face on a commercial don't be surprised.

You have to ask yourself, would a company be interested in this Data? If the answer is yes, than you can probably sell it.

Three co-founders of Datum are Swiss. Lead developers (Roger, Florian) are both Swiss. As such, it was normal to launch as a Swiss entity and abide by the Swiss regulations. They are tough or difficult, however - the rules are there for a reason.

There are 17 people in the team right now, and the number is growing. We will do things right, even if that means it takes us more time. Datum will be here in 5 years, 10 years and who knows how are we evolve as a service. One thing's certain though - this journey is very exciting (and sometimes frustrating).

The swiss rules are too harsh to start an ICO and if someone is starting from Swiss then it means they have good documentation and the venture is legal.

Will I be able to submit my KYC later on or is it must to submit KYC before the start of the crowdsale?

THANKS

And this is why I'm convinced that investing in this project is worth taking risks associated with ico 

They are based in Switserland.
Not so easy tot start with an ICO there because of the strickt policies against ICO's. But Datum did it

You can tru the live version in the webpage it gives you an idea as well of what they are after

I wonder what kind of servers will they use for that, and what kind of securities, its important data and hackers will want to get it, too much raw data in there, unless of course its in the blockchain, which is probably how it will be encrypted, so hackers will have to get the keys for that,still possible, but incredibly difficult.

what about data in google drive like photos and videos of huge size like a terabyte ?

Hello, can you tell me if citizens of P.R.C. Can join your token sale?

That's really a good questions. As it is handled in countries and zones like Europe differently, there can't be just one way for all. But on the other side Facebook also faced this problems years ago and they managed this.

Excellent question and it is one that must be answered both legally (as in, they have to implement it in a compliant way) and in this thread so that we know it is safe.

KYC has started. Participating in the Token Sale? Please click on "Register for Token Sale" and submit ETH add + Planned Contribution + Relevant Docs (passport & prof of residency) Thank You!

If you intend to participate in the Datum Token Sale, please kindly go to the website and click on the yellow button that says "Register for Token Sale"

If you created an account before, please log in with the credentials you created.

We will ask that you check you are legally allowed to participate in the Sale and that you have read the Whitepaper and the Terms & Conditions

Then for the Registration & KYC (Know Your Customer) process, we'll ask that you please kindly provide:

1. Your ETH address

2. Planned contribution amount (minimum 0.3 ETH, maximum 500 ETH)

3. Select your location

4. Upload a scanned/take a photo of your passport (please note it has to be in jpg or other picture formats; PDFs not accepted)

5. Upload a scanned/take a photo of your proof of residency (any official document/bank statement/or utility bill that has your current address clearly printed on it. Please note it has to be in jpg or other picture formats; PDFs not accepted)

6. Make sure to bookmark the designated URL that will allow you to place your contribution when the Datum Token Sale starts at 13:00 UTC on the 29th of October

7. Check once again your ETH address and planned contribution amount.

And that's it!

The reason for the KYC is twofold:

1. To protect the integrity of the whole Datum community

2. To facilitate the distribution of the tokens when it happens from the 4th to the 11th of December

Thank you again for your enthusiasm and help in turning the Datum vision a reality!

Datum - this is Canadian company? Or where they based?