Datawallet - ICO that Tim Draper is Backing Up!
With such investors its worth to note this one especially that i feel it didnt have enough public eyes on it. Luckily theres enough time.
So before i describe the project let me make sure you get who Tim Draper is.
He has also invested in stuff like Skype, Hotmail ads and way more. Pretty much a great investor followed by loads of people.
Datawallet
Data is most valuable resource, currently you give it out for free and brokers resell it. All you get back is some access to email or website, while others make money on you withot uyour notice. Datawallet wil llet you choose what Data you sell, to whom and earny directly from it on blockchain.
By 2022, Data Brokers are expected to sell data worth $10,100 per American internet user per year, essentially absorbing around 19.2% of US household income.
The current data brokerage model also poses a severe risk for companies that rely on the data that they purchase: Data Brokers sell data that is either publicly available or licensed to them via third party agreements. On Facebook this data constitutes only around 7% of all data and encompasses largely demographic information. This Quality Problem leads to the supplied data sets lacking critical dimensions of information, thus leaving companies with insights that are highly generic and inaccurate.
Furthermore, data production by one single user is highly fragmented across multiple different platforms. However, there are no standardized identifiers that allow Data Brokers to link data from two separate sources to one specific user profile.
So any website will be able to add Datawallet API and then when you will be logging into ie Facebook or creating new Email you will know exactly what data of yours they will take and you wil lget paid for it. Its expected to get 1-3 USD per data with possibilitieso f even 100USD if the niche is very specific.
This way companies will get quality, real and updated information and people will be earning from what is theirs - data they own.
Datawallet leverages blockchain technology to deliver an uncompromisingly transparent personal data marketplace. Blockchain technology obviates the need for data providers to trust Datawallet or other third parties through the two pillars of the Datawallet 2.0 marketplace—encryption everywhere (EE) and the smart encrypted data contracts (SEDC).
ICO
Max Cap US$ 30MM
Total DXT created 750,000,000
Maximum Units of DXT Sold 250,000,000
Price Per DXT $0.18
Accepted Currencies Bitcoin, Bitcoin Cash, Ethereum
Token Sale Duration 30 days
It will be in January but currently you can get on whitelist https://tokensale.datawallet.com/ and do research
Whitepaper https://tokensale.datawallet.com/pdf/datawallet_whitepaper.pdf
Always do research before investing!
Longer writeup: http://fuk.io/datawallet-decentralized-data-exchange-backed-by-tim-draper/
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
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Seems to be perspective
NITRO ICO is on - crytocurrency for the US$100 billion game economy. Backed by publicly traded company. Most credible among the games related ICOs.
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25% bonus first 24 hours - www.nitro.live
correct me if I am wrong, but this fella is playing console.
he is holding a weird looking "smartphone" :P
Basically trying to be google or facebook at its core of blockchain. We give them (google, facebook) our data and get to use their apps free. Here we get to sell our data for money instead.
This seems really interesting. I am actually for this ICO to come through. It'd be nice to get paid for getting our privacy violated by bigger corporations like Facebook.... Thanks for sharing
Thank you for sharing. Sounds very interesting. Keep up the great work !
Draper made tidal waves in the investor community last month by investing in both the companies that created Tezos and Bancor, two leading new tokens. He was also the winner of the U.S. Marshall's Bitcoin auction, making him one of the leading owners of Bitcoin. Draper is taking an active interest in tokens as a way to transform society for the better........
I aloyes love your post... @kingscrown
Interesting they are accepting bitcoin cash, first time i see a ICO doing that, the project looks solid, im gonna do my own research
Thanks for sharing
everyone has a dream of watching bitcoin rising . i want steem to rise like bitcoin
nice
don't we all :)
Sorry I need to be devil's advocate here for discussion's sake, respectfully...
From your site: "If guy who invested in Skype, Tesla and SpaceX decides to get on an ICO, you better not miss it."
From your post here: "Luckily there's enough time."
We're not sheep. Is this how people should be lead into investment opportunities with fomo pumps and success by association?
I'm sure lots of people predicted that Bitcoin would hit $10,000 at some point in 2017, but perhaps Tim Draper has a higher celeb platform to make sure his "call" was the one on record to attribute brilliance to. That doesn't mean that his past performance will indicate future results, especially in crypto and on a brand new ICO.
I appreciate the tip, but I think it could have been presented in a much more educational way instead of easter egg lines to get people amped up about acting fast before the opportunity disappears. "Always do research before investing!" is absolutely right, but it's literally the tiny small print disclaimer at the bottom, versus the core of the message, which it should be for these startups citing lofty promises in these emerging markets.
I agree with you man.
True. Tim Draper was also backing BitBounce which looks very shallow these days and havent lifted off the ground at all.
I see where you're coming from @steemmatt but in turn, if someone is rushing to invest because they read this post, I don't see a strong future in any stocks ahead for them.
This is what they said blockchain was about on day 1. Interested to see where this goes
Blockchain is changing the world for good and it can't be stopped.
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