Datum is a decentralized and distributed high performance NoSQL database backed by a blockchain ledger. This technology allows anyone to securely and anonymously backup structured data from social networks, wearables, smart homes, and other IoT devices. Datum provides a marketplace where users can share or sell data on their own terms.
The Datum network aims to disrupt current data broker model by giving more direct and better value access to users data. This in turn empowers users by regaining control of how their data gets used and shared. Users are incentivized to use the Datum network for data storage not only by privacy but also by monetization incentives. The more users using the Datum network the more powerful the momentum becomes, eventually users are able to insist that data is stored and handled through the Datum network.
DAT - The Datum Network Token
The DAT token facilitates transactions in the Datum network, providing value to the
data on the network.The DAT token sale will enable full development of the Datum network and provide an efficient, transparent and secure smart contract token to facilitate exchange of data on the network.
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: 25’000 DAT per 1 ETH
Sale Period: 29/10/2017 13:00 UTC to 29/11/2017 13:00 UTC
Accepted Currencies: ETH
Token distribution: 4th December to 11th December 2017
Minimum goal: 5000 ETH (raised on 8th September 2017)
Maximum goal: 61200 ETH
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.
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