DataBroker DAO - Global market for sensor data

Idea

The relevance of sensors has increased significantly in the past years and according to Statista the global market for Internet of Things (IoT) sensors in 2016 was estimated around 7.51 billion U.S. dollars and is expected to exceed 27 billion U.S. dollars by 2022. The sensors are used in a diversity of applications such as accelerators in smartphones or game controllers to detect gravitational acceleration or as photo-sensors to detect the presence of visible light (as in smartphone cameras), infrared transmissions and ultraviolet energy. Through sensors it is possible to generate a lot of data and DataBroker DAO is going to use the blockchain technology in order to provide a decentralized marketplace where sensor generated data can be turned into revenue streams.

Real world use case

Companies, research institutions, universities, governmental institutions and individuals are all possible IoT sensor purchasers and users. Thereby, the sensors generate data which can be used for their own needs. By implementing a decentralized network for sensor data on the Ethereum blockchain DataBroker DAO now also gives the possibility to get more value from your generated data when sensor owners place the data on the marketplace and buyers can acquire data by using DTX token.

Roadmap

The token sale will go one month from 26.04.2018 until 26.05.2018 and after having locked the token for one week after the sale, they will be listed on Chankura.com. According to the website DataBroker DAO is in negotiations with one or two other exchanges right now. A very interesting point to mention about the roadmap is, that the release of the mainnet is scheduled for Q2 of 2018, so the token will be able to be transferred to the mainnet very soon.

Token Metrics

Fundraising Goal: 16,300,000 USD (27,000 ETH)

Token Sale: 26 APR – 26 MAY

Token Split: 225,000,000 DTX; 48% distributed in ICO

Symbol: DTX, ERC-20 Token, launching mainnet Q2 2018

Conclusion

The idea and the roadmap are very promising but a first look on the team of DataBroker DAO team seems like the team doesn't stand out neither positive or negative. On the other hand, when you investigate further, then there are two members who already worked on the blockchain technology for SettleMint, which is a platform that wants to ease the development of blockchain applications and is now also listed as one of the partners of DataBroker DAO. Overall I think the roadmap seems very realistic and is not too ambitious and the team already got some experience in that field and there is a clear market which they want to serve.

Further information

Website: https://databrokerdao.com/
Whitepaper: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_ENG.pdf
Twitter: https://twitter.com/databrokerdao
Facebook: https://www.facebook.com/DataBrokerDAO/
Telegram: https://t.me/databrokerdao
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2113309.0
Bitcointalk Bounty: https://bitcointalk.org/index.php?topic=2909180.0
My Bitcointalk Profile (GOYA58): https://bitcointalk.org/index.php?action=profile;u=1992234