**Introduction**

The blockchain is revolutionizing how the world makes transactions of assets. The technology has entered almost all sectors of our life. It is being used as an innovation in almost every industry that has long waited for a means of higher security and safe transactions. One of the most creative idea that blockchain has started is a transaction of 'data' i.e. buying and selling regular customer data.

![](https://steemitimages.com/DQmdL2UsxtMzBboSirKExqBaG7zkj4JztjQPY6hzLRAnXsv/image.png)

Data is the gold of _21st century_. A regular internet user produces a humongous amount of data. It may look like a regular google search to buy a pair of jeans is a useless data. But what about a company that is aiming to sell jeans or make the kinds of jeans you and the people in your area like. To them, that data is valuable. This is where major data giants like Google and Facebook come in. They are so deeply embedded in the society that a major amount of population regularly uses their services. Your Google and YouTube searches and emails on your Gmail account are all gone through to show the right product to you.

**Problem**

The problem with the current data industry is that there is an enormous amount of data and there is no way that you can separate genuine valuable data from the fake and useless. Moreover, the data we get as a buyer could all be coming from the same source and thus is susceptible to a high rate of errors and failures. A single source could be partial for a product or it could be an all-out fraudulent service.

Further, all existing real-world data APIs are under centralized data giants like Google which has complete control over the data and the price of services they offer using that data.

**What is Eventum?**

Eventum is an Ethereum blockchain based company that aims to leverage the transparency and decentralization offered by the blockchain to create a data marketplace that will deliver '_the right data_' to companies for a certain price. The unique feature about Eventum is that the platform offers to get the 'truth' from the people and deliver only the credible and valuable data to their customers.

The reason behind the success of blockchain was that it accepts what the most nodes that run the blockchain accept (considering the genuine nodes are more than faulty nodes).One node gets to upload the transactions onto the blockchain for an incentive and other nodes verify it. Thus, making a decentralized system work efficiently?

The platform will use the idea to similarly verify the 'data' that is uploaded to it. The data will be verified by other users and the platform will simply use the data that more number of users' vote is genuine, again for an incentive.

**Eventum token and ICO details**

Token Symbol: EVT

TOKEN DISTRIBUTION
Total token supply: 500,000,000 EVT
Minimum target (soft cap): 1,159 ETH
Total target (hard cap): 18,539 ETH
ICO= 50%, Team=12%, Partnerships=8%, Advisors/sales costs=8%, Future financing=10%, Ecosystem fund=10%, and finally Bounties=2%

![](https://steemitimages.com/DQmcQx3NC7bdTjGc3AyhLuRHKEf5bdvHk3JWkYR7ug1SXDf/image.png)

There have been no updates for the ICO dates as of now but you can keep a track for any updates by signing up on their website. The platform rewards early sign-ups with some amount of EVT.

**Conclusion**

To be true, it can be easily said that Eventum is up for a lot of competition in future. The onset of blockchain has resulted in the development of many start-ups that have similar objectives. The attractive feature about Eventum network is the **validation of data** that the platform aims to provide. This is an extremely unique and new idea to decentralized data marketplaces. The platform is although behind in the race to development but the validation feature is something that can result in an exponential growth of the platform.

**Website**  -  [https://eventum.network/](https://eventum.network/)

**Whitepaper**  -  [https://eventum.network/Eventum-whitepaper.pdf](https://eventum.network/Eventum-whitepaper.pdf)

**ANN**  -  [https://bitcointalk.org/index.php?topic=2992193.0](https://bitcointalk.org/index.php?topic=2992193.0)

**Telegram**  -  [https://t.me/eventum\_network](https://t.me/eventum_network)

**Published by** – dannywhelan

**Profile** - [https://bitcointalk.org/index.php?action=profile;u=1606458](https://bitcointalk.org/index.php?action=profile;u=1606458)