Dataeum is trying to create a data-driven platform with the help of blockchain. The applications of the data which it will be collecting are plenty. The main unique selling point of the platform is that it can collect data from anywhere around the world. As a result, the clients will be able to utilize their data not only to launch products but also to get a general idea about the demographics of the audience.
Moreover, the data will not be just limited to the population or to a certain aspect. You can easily access data related to the stores in that area or the gas stations in that area or the type of people who live in that area. As a result, it becomes much easier for the companies to get access to the data quite easily. Since it is an entirely decentralized marketplace, data is completely safe and accurate as well. There is no manipulation of data possible. This is one of the main reasons why the data is credible as well.
The platform will be paying the native cryptocurrency to the collectors who will be distributed all over the world. These will be specifically working on a contract basis and whenever any kind of information is needed, they will physically visit the locations and collect the information. They will thereafter be submitting the information. They will be paid in the XDT tokens for the information which they have collected. As a result, it will become easier for the companies to plan their product launches as well as cater to the individuals in a more accurate fashion.
Each and every year, companies spend billions of dollars in market research as well as product launches. With the help of this data, they will be able to curtail that expense. They will be able to get information about the target customers quite easily. They can get this information from anywhere around the world which is an added advantage. This is one of the main reasons why this platform holds such a lot of merit. Currently, it is in the PSU stage.
Dataeum Pre-ICO details:
- Date of pre-ICO: 02-07-2018 to 05-08-2018
- Token acronym: XDT
- Price of token: 12,000 XDT = 1 ETH
- Currencies accepted: ETH, BTC, Fiat currency
- Platform: Ethereum
- Hard cap: 35,000 ETH
Since the company will be able to provide a low-cost alternative for market research as well as market service to corporates, the corporates will indeed be encouraged to use this platform in order to gather data about the consumers. The accuracy of the collectors will decide whether the platform is able to gain traction or not.
Owing to the fact that the platform actually is also a real problem solver for thousands of companies around the world, it does have potential. Whether it is able to provide returns to the investors or not will be entirely dependent on the execution capability of the development team. If you’re looking to invest in this pre-ICO, it is a good idea to look at the track record of the development team and thereafter take a call.
Visit official site: https://dataeum.io/
- Official link: https://dataeum.io/
- Official Bitcointalk thread: HERE
- Link to the Whitepaper: HERE
- My BountyHive ref link: HERE