**A Huge Market for Sensor Data**
Demand for sensors across sectors like transportation, weather service, energy, and agriculture among others is evolving at an exponential rate. With smart city initiatives becoming a global phenomenon that require a huge number of sensors to be planted across cities, over thirty billion sensors will be at work across the globe within the next one year.
These sensors produce valuable data whose current worth is estimated at far beyond 100 billion dollars! Unfortunately, sensor-produced data, far from being utilized, is locked up in silos of its owner corporations and its worth goes to dust. Moreover, corporations and smart cities have to invest a humongous upfront cost in setting up sensors which is amplified further by their maintenance and replacement at fixed periods.
**Where there's a Genius, there's a Way!**
DatabrokerDao aims at monetizing this dormant data hibernating in silos across the world and creating additional revenue streams for data owners and gateway operators, while saving a huge chunk of money for data buyer corporations. The platform plans to build this ecosystem on the blockchain to facilitate global exchange of data while preserving its integrity.
**How it Will Work**
DatabrokerDao will create this market in an ingeniously simple way through its platform on the Ethereum network. By staking a few ERC-20 compliant DTX tokens, data owners will be able to put their data up for access through gateway operators like telecom companies, LORA etc. Interested buyers will purchase access to this data by staking DTX tokens. Gateway operators will then deliver the purchased data to the specified location. This simple mechanism crafted by DatabrokerDao will profit all stakeholders involved. Eighty percent of the revenue will go straight to the owner; DatabrokerDao and the gateway operator will receive ten percent each.
**Unlimited Use Cases**
Sectors like AI will benefit limitlessly from this exchange by being able to feed organic data generated from practical use to make smarter machines.
Smart City initiatives will benefit greatly. Completely flipping the current scenario of interminable expenditure in buying and maintaining sensors, smart cities will be able to utilise the ever-flowing data to forge a steady revenue stream by selling it to buyers worldwide.
The use cases are unlimited. The Revenues uncountable. DatabrokerDao is a living example of the irrefutable utility of the blockchain technology in today's world!
**The Token Sale is On!**
The token sale will run in two simple stages: the presale and the main sale. The former, having begun on the 19th of March, will run through to the 26th of April, followed on the same by the main sale which will conclude on the 30th of the same month. The tradable DTX tokens will be distributed one week after the end of sale. A magnanimous 50 percent bonus can be availed by investors currently and additional five percent bonuses through referrals anytime during the sale. The first day of the main sale will offer a bonus of ten percent to the investors.
**The Team**
The founder Matthew Van Niekerk has a holistic experience in entrepreneurship, having founded two companies in Japan and completed his MBA in Belgium. After working at a bank in various roles from COO to heading platform innovation, Mattew co-founded Settlemint in the year 2016 with Roderik van der Veer. Roderik, apart from being the co-founder of Settlemint and DatabrokerDao, is also the brain behind one of the largest ecommerce computer stores ever built in Belgium. He achieved this feat as early as in 1999. Under these able heads, the core team is strong, passionate and ever growing. Within a few months' time, the team has doubled in its number which is a clear example of how quickly the platform is growing.
DatabrokerDao is not simply better, it is unprecedented. It has created a market unto itself and unleashed previously unutilized opportunities. The team is proven, with the faith of advisors who are established names in their own fields. DatabrokerDao fulfils all parameters for a successful project!
**Website** - [https://databrokerdao.com/](https://databrokerdao.com/)
**Whitepaper** - [https://databrokerdao.com/whitepaper/WHITEPAPER\_DataBrokerDAO\_en.pdf](https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf)
**Published by** coineaglebt
**Profile** - [https://bitcointalk.org/index.php?action=profile;u=1936073](https://bitcointalk.org/index.php?action=profile;u=1936073)
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