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Topic: [ANN][Open Now🔥]DataBroker DAO ⭐ Decentralised marketplace for IoT sensor data. - page 68. (Read 38262 times)

newbie
Activity: 56
Merit: 0
Do you plan to work with mayors to improve the quality of life through the information received from various sensors and the sensors? And will you be able to solve legal issues that arise in this situation?

No we will not be involved with that part.
full member
Activity: 350
Merit: 100
Do you plan to work with mayors to improve the quality of life through the information received from various sensors and the sensors? And will you be able to solve legal issues that arise in this situation?
newbie
Activity: 56
Merit: 0
What network operators you plan to collaborate?

All of them.

Also happy to announce the first official members of the DataBrokerDAO alliance: https://medium.com/databrokerdao/announcing-the-first-members-of-the-databrokerdao-alliance-442e35c4e34e
full member
Activity: 294
Merit: 100
What network operators you plan to collaborate?
full member
Activity: 280
Merit: 100
For storing and transferring large amounts of information from buyer to seller, require high power. What equipment do you use and did you test it already on possible failures?
full member
Activity: 378
Merit: 101
Will you require the data providers to use the latest software versions for sensors, so that consumers receive the most accurate information?
newbie
Activity: 56
Merit: 0
Good day! Service users DataBroker DAO will be able to pay withhin the service only tokens of your service or there are other alternatives?

Indeed, it's only the DATA token
newbie
Activity: 56
Merit: 0
And you will add to your service rating system by which buyers can assess the quality of a seller of information?

Yes, a reputation and curation system is crucial
full member
Activity: 266
Merit: 100
Good day! Service users DataBroker DAO will be able to pay withhin the service only tokens of your service or there are other alternatives?
full member
Activity: 266
Merit: 101
Good job guys. I think it's worth a try  Roll Eyes
member
Activity: 209
Merit: 10
And you will add to your service rating system by which buyers can assess the quality of a seller of information?
newbie
Activity: 56
Merit: 0
As I stated before, I like your project. I still do not see the benefit to the ICO investor (me) though. If I invest then the 'stability' of the coin means that there is little to no prospect of profit since it will be used solely on your platform. Add to that no staking and this means that buying the token from an investment point of view just doesn't add up.

I get that this is a real business but you are asking people to invest real money in an ICO without clearly explaining potential benefits. This project should be receiving a lot more buzz and perhaps the lack of the value proposition from an investment point of view is the reason it isn't? Add your coin to exchanges so the market can decide its true value and it will serve as an incentive to your development team to grow your project thereby increasing their investment. Add a staking element so that ICO investors buy and hold instead of try to dump their tokens at the first available opportunity.

Check projects like WaltonChain to see how to build a community of passionate stakeholders.

I wish you all the best!

I really appreciate your comments, especially since they echo what we have been discussing to modify for the main sale. We will look into these things further!
newbie
Activity: 2
Merit: 0
As I stated before, I like your project. I still do not see the benefit to the ICO investor (me) though. If I invest then the 'stability' of the coin means that there is little to no prospect of profit since it will be used solely on your platform. Add to that no staking and this means that buying the token from an investment point of view just doesn't add up.

I get that this is a real business but you are asking people to invest real money in an ICO without clearly explaining potential benefits. This project should be receiving a lot more buzz and perhaps the lack of the value proposition from an investment point of view is the reason it isn't? Add your coin to exchanges so the market can decide its true value and it will serve as an incentive to your development team to grow your project thereby increasing their investment. Add a staking element so that ICO investors buy and hold instead of try to dump their tokens at the first available opportunity.

Check projects like WaltonChain to see how to build a community of passionate stakeholders.

I wish you all the best!
full member
Activity: 336
Merit: 100
newbie
Activity: 56
Merit: 0
This seems like a great project but I do have a few areas of concern before I invest.
What is the benefit for the token holder other than being able to purchase sensor data?

That is the reason for the token. We need one for the state channels and microtransactions. Pure utility.

Do token holders receive any reward for staking?

Not as of yet.

Your white paper mentioned something about your token being used on your platform instead of Ethereum because of volatility of the Ethereum price. Does this mean that your token won't be traded on exchanges to avoid price fluctuations?

Since the project is a "real" business, we hope the volatility will be less than ETH in the long run. if this proves to be a false assumption, we are looking into solutions like a Variable and a stable coin.

In short, is the ICO only a form of crowd funding or is there some other benefit to investing that I missed?

Apart from being part of one of the very few practical, going into production, projects? Cheesy


full member
Activity: 252
Merit: 100
I was interested in your service. I will follow you. I'm sure you will succeed.  Wink
full member
Activity: 280
Merit: 100
Hello. How will the sale process of the data supplier to the buyer? Will there be any guarentee that one party will renege on the deal?
newbie
Activity: 2
Merit: 0
This seems like a great project but I do have a few areas of concern before I invest.
What is the benefit for the token holder other than being able to purchase sensor data?
Do token holders receive any reward for staking?
Your white paper mentioned something about your token being used on your platform instead of Ethereum because of volatility of the Ethereum price. Does this mean that your token won't be traded on exchanges to avoid price fluctuations?
In short, is the ICO only a form of crowd funding or is there some other benefit to investing that I missed?


newbie
Activity: 56
Merit: 0
How do you attract information providers to cooperate?

The value proposition is clear. We have been at a lot of conferences and the demand has always been high.

Are you planning the scenario if the offer will exceed the demand? What will you do in this situation?

Unsold coins revert to the platform (meaning they are not mined, yet we reserve the right to mine them at some point)

Good day, what is the guarentee that the sellers data falsifiziert data? You have a mechanism to check the reliability of the information?

The network operator will do so.

In the white papper it is said that dAPP will generate ratings data. What is the algorithm to determine the best information for a particular user?

It will be crowdsourced.
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