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Author Topic: [ANN] 🍎 🍎 🍎 Measurable Data Token (MDT)- Decentralized Data Exchange Economy  (Read 18924 times)
luyulaile (OP)
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October 19, 2017, 06:51:00 PM
Last edit: December 15, 2017, 09:22:37 AM by luyulaile
 #1



Website: http://measurable.net  
WhitePaper: http://measurable.net/docs/whitepaper.pdf
Telegram: https://t.me/measurabledata
Slack: https://slackinmdt.azurewebsites.net
Facebook: https://www.facebook.com/measurabledata
Twitter: https://twitter.com/MeasurableData

Our Pre-sale finished within just 4 Days!


[JoinOur Whitelist] for the upcoming Early Bird and TDE!
TDE(Token Distribution Event) date and details on the Bounty Program to be announced.


Measurable Data Token (MDT) is a decentralized, transparent data exchange economy, based on blockchain.
It connects users, data providers, and data buyers and denominates the value of data.
MDT compensates users for sharing anonymous data points while providing data buyers and providers with a more efficient trading model.
The first use case of the MDT Data Exchange ecosystem is MailTime, an email messenger app with 5 million users.

TDE Terms

MDT Token Price:

1 ETH= 7,500 MDT (50% Bonus! Private-sale ended in just 4 days! Unlock 1/6 of the Tokens for 6 months after hits the exchange) Completed!
1 ETH = 6,250 MDT (Early Bird, 25% Bonus!, Unlock all tokens by the end of the 1st month after hits the exchange), Signup for the WhiteList on our website Now!
1 ETH = 5,000 MDT

Hard/Soft Cap:

Maximum financing:90,000 ETH                                          
Minimum financing:25,000 ETH



Token Distribution:

Pre-Sale (15%): 150,000,000 MDT  Completed!
Token Sale (35%) : 350,000,000 MDT    
     - Early Bird (10%): 100,000,000 MDT (Running Now, with 25% Bonus!
     - Token Distribution Event (25%):  250,000,000 MDT
User Growth Pool (15%): 150,000,000 MDT
MailTime Team (24%): 240,000,000 MDT
MailTime Investors (11%): 110,000,000 MDT

Allocation:

Development:40%
Computation:20%
Administration:10%
Marketing:25%
Contingency:5%

Awards


Media Loves us





Early Backers and Investors



We are excited to discuss with you about MDT!
Join our Social Media channels:

Website: http://measurable.net  
WhitePaper: http://measurable.net/docs/whitepaper.pdf
Telegram: https://t.me/measurabledata
Slack: https://slackinmdt.azurewebsites.net
Facebook: https://www.facebook.com/measurabledata
Twitter: https://twitter.com/MeasurableData


Our Pre-sale finished within just 4 Days!


[JoinOur Whitelist] for the upcoming Early Bird and TDE!
TDE(Token Distribution Event) date and details on the Bounty Program to be announced.

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luyulaile (OP)
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October 19, 2017, 06:51:52 PM
Last edit: October 19, 2017, 08:53:33 PM by luyulaile
 #2

What is MDT?


Measurable Data Token is a decentralized, transparent data exchange economy, based on blockchain. It connects users, data providers, and data buyers and denominates the value of data. MDT compensates users for sharing anonymous data points while providing data buyers and providers with a more efficient trading model.



Problem:


Today, most service providers collect users’ data with no intention to disclose the reason and the intrinsic economic value, meanwhile, users trade their data unconsciously in exchange for a free app or service.  What if you yourself could control your data and be rewarded accurately for the value it creates?



How it works?


The era of trading data without user consent is over. Users are now incentivized with MDT for the actual data points exchanged. By offering more transparent knowledge of each data exchange for all parties, users will also be more motivated to join this initiative.

On the other hand, buyers are also provided with a more efficient exchange model where all transactions are strictly enforced with cryptographically secure smart contracts and traceable on the blockchain.
In traditional closed data exchanges, buyers used to be at risk of buying invalid or fake data without any ways to verify. In this new open model, buyers also participate in the validation process of each transaction which ensures they will receive a more trustworthy and risk-free deal.

Example:

Bill has been a user of a game app called GAME for years, GAME recently decided to join the MDT ecosystem for more transparent data exchange. Bill selects to opt in MDT as well, and has been receiving respective MDT tokens as rewards for contributing his behavior/purchase data on GAME.




Where are we?


The first component of this ecosystem is Open Messenger(previously known as MailTime), a messenger app based on the email protocol and connects users with a smooth communication experience.

MailTime owns over 5 Million users on mobile and are now partnering with 7 smartphone manufacturers to replace its default email solutions.

Measurable is a big data product the team has been building since 2016, which analyzes up to 15 billion email data of online shoppers collecting from business partners and the service MailTime. By scanning and identifying actual online spender’s email receipts, Measurable transforms them into valuable insights, which updates daily right after the purchases happen.
Measurable now sells its big data product to different merchants, game companies, investors and hedge-funds.



We are excited to discuss with you about MDT!
Join our Social Media channels:

Website: http://measurable.net   
WhitePaper: http://measurable.net/docs/whitepaper.pdf
Telegram: https://t.me/measurabledata
Slack: https://slackinmdt.azurewebsites.net
Facebook: https://www.facebook.com/measurabledata
Twitter: https://twitter.com/MeasurableData

Our Pre-sale finished within only 4 Days!

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October 19, 2017, 06:56:45 PM
Last edit: November 13, 2017, 07:54:38 AM by jasondublinkun
 #3

Hello all, we are excited to announce the launch of the Bounty Program for Measurable Data Token(MDT)! Please join us to show your love in MDT and earn MDT for free!

The link for the whole Bounty Program is: https://measurable.net/docs/bounty.pdf


This Bounty Program is designed to help grow the MDT community and promote the upcoming token sale. It starts at 8AM Pacific Time (PT) 11 November 2017 and ends at the date the Token Distribution Event ends.

The MDT token sale falls into 3 stages:

Private Sale (with 50% Bonus) which is completed with 20,000 ETH
Early Bird (with 25% Bonus) which aims to raise 24,000 ETH
Token Distribution Event (TDE)  which aims to raise 40,000 ETH

Exchange rate:

Private Sale   1ETH = 7,500   MDT 50% Bonus Completed
Early Bird  1ETH = 6,250 MDT 25% Bonus
Token Distribution Event   1ETH = 5,000 MDT   Last chance!

Useful Links:

Website: http://measurable.net   
WhitePaper: http://measurable.net/docs/whitepaper.pdf
Telegram: https://t.me/measurabledata
Facebook: https://www.FB.com/measurabledata
Twitter: https://twitter.com/MeasurableData
Bounty Program Tracker Sheets: https://goo.gl/iQLGM5

ALLOCATION

To begin with, 0.1% of the total supply of MDT is allocated to the Bounty Program, which means 1,000,000 MDT will be distributed through this Bounty Program.

The Bounty Program consist of Two Parts:

The Bounty Campaign
The Bounty Lottery

90% of the 1,000,000 MDT will be distributed to Bounty Campaign, and 10% will be used for a Bounty Lottery which all participants who successfully earn stakes in the Bounty Campaigns are eligible to participate in.

The MDT Bounty Campaign falls into 4 categories:

1. Telegram Group
2. Translation of the Whitepaper
3. Bitcointalk Signature campaign
4. Write Blogs or create Youtube videos


The MDT Bounty Lottery consists of 2 Stages:

The Grand Prize Lottery
The Lucky Prize Lottery

No individual can claim more than 5% of an entire bounty pot in the Bounty Campaign. This provision is to ensure the continued value of the token for all token holders. All additional tokens left over from the bounty campaigns which are not allocated will be returned to Measurable Foundation’s User Growth Pool (See Whitepaper).

DISTRIBUTION

The Bounty Program rewards will be accounted and distributed after the whole Token Sale (the Token Distribution Event) is over.

[Important] Every participant needs to fill in a final form to claim all of the stakes he/she earns from the Bounty Campaign before we distribute the MDT tokens to the Bounty community. Participants who fail to fill in the form before the distribution can not claim the stakes he/she earns from the Bounty Program.

The final claim form will be updated on the MDT website when the token sale ends.

All Bounty Program announcements and updated news will only be released on our official Telegram group.

MDT Telegram group in English: t.me/measurabledata
MDT Telegram group in Chinese: t.me/measurabledatatoken

When participating in the Bounty Program, you will need to submit your Ethereum wallet address. Please do not use any exchange wallet address (such as Coinbase/GDAX, Bitstamp, Kraken, Bittrex, Bitfinex, Poloniex and etc.) as you don't hold the private keys to your wallet on an exchange. MyEtherWallet is highly recommended.

It is also very important to always keep your private keys secure by never giving away to an untrustworthy site or third party. MDT team will never ask for your private keys.

Please review carefully the Bounty Program terms before you start. Measurable Foundation Ltd. reserves the right to change these terms or rules at any time, and you agree to abide by the most recent version of this.

THE BOUNTY CAMPAIGN

A Stake System:

The Bounty Campaign will operate as a stake system. Please see an example of how stake system works:

At the end of the Bounty Campaign there are 100 people participating in the Bounty Campaign. At the end these 100 people claimed a total of 200 stakes. In this example the Bounty Campaign has totally 200,000 MDT allocated to it.

User A finishes 2 translations, and owns 2 stakes.
User B finishes 6 translations, and owns 6 stakes.

This means a total of 8 stakes will be distributed to User A and User B.

User A will receive 1% (2/200) of the 200,000 MDT, i.e. 2,000 MDT.
User B will receive 3% (6/200) of the 200,000 MDT, i.e. 6,000 MDT.

[End of example]

 GrinTELEGRAM GROUP


Telegram is our primary online community for MDT. Please join our group and be alerted on any latest updates.

To be added to the Telegram Group Bounty Campaign please fill in the Application Form where you provide your Ethereum wallet address (balance over minimum threshold of 0.05 ETH) to qualify for this campaign.

Telegram Group Campaign consists of 2 Stages. The first stage of Telegram campaign starts at 8AM Pacific Time (PT) 11 November 2017. It ends at 8AM Pacific Time (PT) 11 December 2017 or when either Telegram Group member number hits 3000, whichever comes first. Details on the second stage will be announced later.

1.Telegram Airdrop

Join our Telegram Group and stay until the end of the MDT Token Sale to earn 5 stakes per person. Anyone who tries to be in and out of the Telegram Group will be disqualified.

MDT Telegram group in English: t.me/measurabledata
MDT Telegram group in Chinese: t.me/measurabledatatoken

2. Extra Bonus

Earn 35 stakes by discussing MDT project in our telegram group for at least 7 consecutive calendar days. Participants who send spam messages/advertisements of other projects will be removed from the whole Bounty Program.

Topic could be but not limited to:

a. Raise/answer questions about MDT
b. Your own opinions about the MDT ecosystem and its related technologies
c. Constructive discussion on the MDT token sale

3. Refer and Earn

Share MDT with your friends who are interested and invite them to our Telegram Group to claim 3 stakes for you and 5 stakes for your friend. Max 20 referrals per person.

4. Join the Bounty Lottery

When you see your earned stakes are marked on the Tracker Sheet by the MDT team, you are eligible for the Bounty Lottery! Wait for the announcement on the website and follow the rules to join the lottery. Good Luck!

When you finish any of the above items, submit the Campaign Submission Google Form with the following information:

Telegram ID: XXX
ETH address: XXX
Referrer/Referee telegram ID: XXX
Screenshots of my joining MDT telegram group and still in there.
Screenshots of my discussion in the MDT group for a consecutive 7 days.

To sum up for the Telegram Group campaign, one can earn Max 100 stakes from this category, and need to submit the Campaign Submission Google Form when he/she finishes.

[Important] Every participant needs to fill in a final form to claim all of the stakes he/she earns from the Bounty Campaign before we distribute the MDT tokens to the Bounty community. Participants who fail to fill in the form before the distribution can not claim the stakes he/she earns from the Bounty Program.

The final claim form will be updated on the website when the token sale ends.

Here’s the Campaign Tracker Sheets: https://goo.gl/iQLGM5
Contact for this campaign: find @bebetobe in both Telegram Group

 GrinTRANSLATION CAMPAIGN


It’s very important to establish a global community in the world of blockchain. To help grow our global community, and help more to understand the vision of MDT, this campaign in particular is designed for translation of the Whitepaper of MDT.

The original version of MDT’s whitepaper is available on our official website:
English version: https://measurable.net/docs/whitepaper.pdf
Chinese version: https://measurable.net/cn/docs/whitepaper.pdf

One can earn 1000 stakes/language for Translation of the Whitepaper.

Languages available at this stage are:

Korean (한국어/조선말)
Japanese (日本語)
Español (España)
Español (Latinoamericano)
Russian (Pyccкий)

Extra Language : *Chinese (简体中文, for the Bounty Program only)

Rules and Terms:

1.Please apply first via Telegram group http://t.me/measurabledata Find JC Awe @qjawe send him your portfolio. When you get a confirmation from JC Awe @qjawe, then you can start your translation.

2.Translations must be original, using any kind of tools such as Google Translation are not allowed. If found the translator will be blacklisted.

3.In this campaign at this stage, we only accept translations of listed languages. However, if you are interested in translating the Whitepaper into other languages, feel free to do so. In return, we will acknowledge your contribution on our website.

4. When you see your earned stakes are marked on the Tracker Sheet by the MDT team, you are eligible for the Bounty Lottery! Wait for the announcement on the website and follow the rules to join the lottery. Good Luck!

[Important] Every participant needs to fill in a final form to claim all of the stakes he/she earns from the Bounty Campaign before we distribute the MDT tokens to the Bounty community. Participants who fail to fill in the form before the distribution can not claim the stakes he/she earns from the Bounty Program. The final claim form will be updated on the website when the token sale ends.

Here’s the Campaign Tracker Sheets: https://goo.gl/iQLGM5
Contact for this campaign: find JC Awe @qjawe in both Telegram Group


 GrinBITCOINTALK SIGNATURE CAMPAIGN


This campaign is designed to help grow the MDT awareness in the bitcointalk community.

MDT ANN post on bitcointalk: https://bitcointalk.org/index.php?topic=2291186.0

What you need to do:

1. Apply first via Telegram group http://t.me/measurabledata Find Charlie @brownkun before you start the campaign. Submit your Bitcointalk Signature Campaign Application Form and get a confirmed email to start. (As you apply, we define your rank, and it will not be changed).

2. Upload Signature provided by us

3. Write at least 30 constructive posts in 2 consecutive weeks to start earning stakes   
   
4. Earn more stakes after posting 50 posts

5. Join the Bounty Lottery: When you see your earned stakes are marked on the Tracker Sheet by the MDT team, you are eligible for the Bounty Lottery! Wait for the announcement on the website and follow the rules to join the lottery. Good Luck!
       
Conditions:

At least 3 posts per week are in the MDT ANN post
To get stakes, you need at least 30 posts written in the first 2 consecutive weeks, and your rewards for finishing 30 posts is fixed according to your member level when you apply for the campaign
After posting 50 posts, you are qualified to earn Extra 10 Stakes for one additional post
One can earn up to 1000 Stakes in total from this campaign

You will earn the following stakes if you complete the 30 Posts in 2 consecutive weeks

Legendary: 600 Stakes
Hero : 400 Stakes
Sr./Full : 200 Stakes
Member: 100 Stakes
Jr. Member: 50 Stakes

An example of a Legendary account:


First Stage:

Week 1: 12 posts + 3 post in ANN post
Week 2: 12 posts + 3 post in ANN post
→ (At least 30 posts written)= 600 Stakes Earned 

Second Stage:

*To qualify for the second stage, you need to write at least 50 posts (at least 3 posts in the ANN post per week)

After 50 posts written, one additional post will earn 10 stakes

Another 40 Posts written after first stage, at least 3 posts in the ANN post per week
 →    (10 Stakes for 1 additional post) = 400 Stakes Earned
 
→  In total, 600+400= 1000 Stakes Earned

Rules:

We will ban / blacklist spammers and multiple accounts
Users not posting at least a consecutive minimum of 30 posts in the first 2 weeks will be removed
Receiving negative trust or ban during your participation in our campaign will result in you being disqualified from our campaign receiving nothing
If we feel there's a lot of spam / troll posts you're making you will be removed from the campaign
Do not change or alter the original signature we provided during campaign period, unless we update the signature through this link https://goo.gl/pVsx6Y
Discussion Boards that do not count: Games and round, Micro earnings, Politics and Society, Off-topic, Archival, Posts in "tipster" threads, Auctions, Lending, Beginners and help, Press, Investor based games

[Important] Every participant needs to fill in a final form to claim all of the stakes he/she earns from the Bounty Campaign before we distribute the MDT tokens to the Bounty community. Participants who fail to fill in the form before the distribution can not claim the stakes he/she earns from the Bounty Program. The final claim form will be updated on the website when the token sale ends.

Here’s the Campaign Tracker Sheets: https://goo.gl/iQLGM5
Contact for this campaign: find Charlie @brownkun in both Telegram Groups

You can copy signatures according to your rank on bitcointalk, available through this Google Doc .You should always use the latest signature we provide through this link https://goo.gl/pVsx6Y


 GrinBLOG POST/YOUTUBE VIDEO CAMPAIGN


Bloggers need to do:

1. Apply first via Telegram group http://t.me/measurabledata Find Charlie @brownkun before you start the campaign. Send Charlie your portfolio and plans and we can discuss from there.
2. Write a post/article about MDT, with at least 1000 characters and containing 2 links to Website https://measurable.net and Telegram Group  http://t.me/measurabledata.
3. Join the Bounty Lottery: When you see your earned stakes are marked on the Tracker Sheet by the MDT team, you are eligible for the Bounty Lottery! Wait for the announcement on the website and follow the rules to join the lottery. Good Luck!

Conditions:

We will class each article as Good (100 stakes), Wonderful (500 stakes) or Extraordinary (1000 stakes).
It can be your own blog or your social network personal page, including Steem.it, Medium, and Linkedin. The article should be available to the Internet.
To class your article, we will check the popularity/views of your blog and the quality of the content.
Your article has to be original, if found plagiarism, you will be removed from the campaign list.
One can earn up to 3000 stakes from this category.

Youtubers need to do:

1. Apply first via Telegram group http://t.me/measurabledata Find Charlie @brownkun before you start the campaign. Send Charlie your portfolio and plans, we can discuss from there.
2. Post a video on Youtube about MDT in English/Japanese/Korean/Russian, with 2 links to MDT Website https://measurable.net and Telegram Group  http://t.me/measurabledata in the description box. The content of the video should be mainly about the Whitepaper, MDT ecosystem, and how it works, but not about the token sale or trading.
3. The video should be at least 5 mins long.
4. Join the Bounty Lottery: When you see your earned stakes are marked on the Tracker Sheet by the MDT team, you are eligible for the Bounty Lottery! Wait for the announcement on the website and follow the rules to join the lottery. Good Luck!


Conditions:

We will class each video  as Good (100 stakes), Wonderful (500 stakes) or Extraordinary (1000 stakes)
To class your video, we will check the popularity/views of your video and the quality of the content
Your video has to be original, if found plagiarism, you will be removed from the campaign list
One can earn up to 3000 stakes from this category

[Important] Every participant needs to fill in a final form to claim all of the stakes he/she earns from the Bounty Campaign and the Bounty Lottery before we distribute the MDT tokens to the Bounty community. Participants who fail to fill in the form before the distribution can not claim the stakes he/she earns from the Bounty Program. The final claim form will be updated on the website when the token sale ends.

Here’s the Campaign Tracker Sheets: https://goo.gl/iQLGM5

Contact for this campaign: find Charlie @brownkun in both Telegram Groups

Media/Press please contact charlie@measurable.net of the MDT token sale for any further discussion.

*LOTTERY


10% of the total allocation to the Bounty Program will be used for a Bounty Lottery, which means 100,000 MDT will be distributed through the lottery.

All participants who successfully earn stakes in the Bounty Campaigns (approved by the team in the tracker sheet with a wallet address) are eligible for the lottery.

According to each participant’s number of earned stakes, we categorize all participants into 2 Groups:

Gold Group: Participants who earn at least 2000 Stakes in total  (including 2000)
Silver Group: Participants who earn 100 - 2000 Stakes in total (not including 2000)

Jackpot Lottery:

All Participants in the Gold Group are eligible for the Jackpot Lottery, which will be drawn first after the Token Sales end. If less than 60 participants fall into the Gold Group, the Jackpot Lottery will be canceled, and the leftover tokens will be returned to the Measurable Foundation’s User Growth Pool.

Rules: to be announced

Other participants who do not win the Jackpot, will join the Lucky Prize lottery instead.

Lucky Prize Lottery:

Everyone in the Silver Group and those who do not win the Jackpot are eligible for the Lucky Prize Lottery, which will be drawn after the Jackpot lottery ends.

Rules: to be announced

Details on the Lottery will be announced soon and updated on our website.

[Important] Every participant needs to fill in a final form to claim all of the stakes he/she earns from the Bounty Campaign before we distribute the MDT tokens to the Bounty community. Participants who fail to fill in the form before the distribution can not claim the stakes he/she earns from the Bounty Program. The final claim form will be updated on the website when the token sale ends.

NOTICE


Measurable Foundation Ltd. has the sole discretion to determine whether or not the criteria to qualifications for a Bounty allocation are fulfilled (example: whether or a user’s blog post is appropriate or not).

Bounty distribution may be withheld at the discretion of MDT. The most common circumstance would be due to the incomplete Bounty condition requirements.

Any disputes that may arise from this Bounty Program will be dealt in the courts in Singapore.

It is the sole responsibility of individuals involved in the Bounty Program to comply with all regulations for disclosures and/or disclaimers in their jurisdictions. By participating in the Bounty Program, you agree that Measurable Foundation Ltd. will not be held liable for your materials, methods or content. Measurable Foundation Ltd.will retain the right to ban individuals from its Bounty Program with or without cause. Measurable Foundation Ltd. reserves the right to change these terms or rules at any time, and you agree to abide by the most recent version of this.

 Roll Eyes
Contacts for Bounty Program on Telegram:

Telegram Campaign: @bebetobe https://t.me/bebetobe
Translation Campaign: @qjawe https://t.me/qjawe
Bitcointalk Campaign: @brownkun  https://t.me/brownkun
Blogs/Youtube Campaign: @brownkun  https://t.me/brownkun

 Roll Eyes
Useful Links:

Website: http://measurable.net   
WhitePaper: http://measurable.net/docs/whitepaper.pdf
Telegram: https://t.me/measurabledata
Facebook: https://www.FB.com/measurabledata
Twitter: https://twitter.com/MeasurableData
Bounty Program Tracker Sheets: https://goo.gl/iQLGM5
Bounty Program Link: https://measurable.net/docs/bounty.pdf

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October 19, 2017, 06:57:29 PM
 #4

Reserved by the founder of Measurable Data Token.
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October 19, 2017, 07:06:58 PM
 #5

Can I reserve a Russian Translation?

I did only one here: https://bitcointalk.org/index.php?topic=2285497.0

But I have over 7 years working with interneational teams, where common language was English.
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October 19, 2017, 07:21:32 PM
 #6

Can I reserve a Russian Translation?

I did only one here: https://bitcointalk.org/index.php?topic=2285497.0

But I have over 7 years working with interneational teams, where common language was English.

Thanks! We'll post the Bounty Program for Translation soon.

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October 19, 2017, 09:07:44 PM
 #7

Airdrop me some MDT and I'll support you on these forums.

Notable projects 2019: Semux, Dero, Wagerr, BEAM
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October 19, 2017, 09:09:54 PM
 #8

Airdrop me some MDT and I'll support you on these forums.

Details on Bounty Program releasing tomorrow. Feel free to contact us directly as well! Thanks!

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October 19, 2017, 09:37:42 PM
 #9

Very interesting project, I will follow the news.
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October 20, 2017, 12:49:01 AM
 #10

Very interesting project, I will follow the news.

Thanks for your interests on Measurable Data Token. Please join our official Telegram group for project updates. http://t.me/measurabledata
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October 20, 2017, 06:05:30 AM
 #11

I have difficulties in understanding this business model. Do you have any active "non blockchain" example to show?
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October 20, 2017, 06:17:05 AM
 #12

Reserve Filipino translation

Here are some of my latest and notable translation works:
Centra: https://bitcointalk.org/index.php?topic=2052766.0
DeepOnion: https://bitcointalk.org/index.php?topic=2168126.0

I also do graphics design which I can incorporate on the thread

Hope you'd consider my proposal.

Thanks,
-YouShallNotPass
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October 20, 2017, 10:55:36 AM
 #13

waiting for mdt for 2 months
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October 20, 2017, 06:18:07 PM
 #14

waiting for mdt for 2 months

All good tokens come to those who wait Wink

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October 20, 2017, 10:04:41 PM
 #15

I have difficulties in understanding this business model. Do you have any active "non blockchain" example to show?

First use case:

1. Opted in users contribute anonymous data points from online purchasing activities via email receipts;
2. Measurable AI aggregated data points and turned into actionable consumer insights (sales trends, purchase retentions, overlays etc) for hedge funds and merchant brands;
3. Users will be rewarded by MDT when data buyers purchased a data product where their data points was invoked.
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October 20, 2017, 11:33:24 PM
 #16

Just read this article and this helped me to understand more about MDT https://medium.com/@MeasurableData/introduction-to-measurable-data-token-1-5-a60611e5f6b5

Good luck for the project!

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jasondublinkun
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October 23, 2017, 09:22:17 PM
 #17

More info:

Company structure: Non-profit

ENTITY: MEASURABLE FOUNDATION LTD.
TYPE: PUBLIC COMPANY LIMITED BY GUARANTEE
UEN: 201728042H
ADDRESS: 22 NORTH CANAL ROAD #02-00 SINGAPORE 048834
REGISTRATION DATE: OCT 2, 2017

Blog link:https://medium.com/@MeasurableData

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October 23, 2017, 10:42:57 PM
 #18

I have difficulties in understanding this business model. Do you have any active "non blockchain" example to show?

Hi, we just updated the website: http://measurable.net! It helps you go through what MDT does in 1 minute.

Also this example can help too:

Satoshi has been a user of an app called GAME for years. GAME sells user behavior data to a partner called BUYER monthly for extra revenues. GAME and BUYER recently joined the MDT ecosystem for more transparent data exchange.

Satoshi selects to opt in as well, and starts to receive respective MDT tokens as rewards for contributing data points. GAME and BUYER both save time and money on endless negotiation and verification.


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October 23, 2017, 11:18:18 PM
 #19

dev, i has read the project of you, but  i still confused about the meaning of MDT. maybe you can explain more about mean of MDT, especially to me because i know this project will success more
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October 23, 2017, 11:50:40 PM
 #20

dev, i has read the project of you, but  i still confused about the meaning of MDT. maybe you can explain more about mean of MDT, especially to me because i know this project will success more

Hello Arya,

Thanks for the message.

Let's take Google as an example, when you sign up for its service, whether it's Gmail or Maps, you might find advertising that are only related to you in your feed (Google knows what kinds of ads might be interested to you based on your data, those you create while you play with an app that Google provides or the information you fill in when you sign up for the service).

No only Google, in today's digital market, it has become the norm for companies to offer users a product for free in exchange for having their data collected and sold to marketers. So, is this a bad thing?
Contributing anonymous data to the industry definitely is not bad, it helps our technology learns more about you thus it can serve better for you.

However, if this is *your* data that is being sold/or used for revenues,  shouldn't you also be getting a cut of the profits?

This is the core philosophy which leads to the development of Measurable Data Token(MDT). MDT is a new ecosystem which rewards users with cryptocurrency based on the anonymous data they contribute to the ecosystem through service providers connected to the MDT ecosystem.

Currently, companies which are providing services which are nearly essential for functioning in today's society are reaping massive profits from your data. We believe that some of the value you are generating should come back to you.

I can't post images yet with this account, but here's a text version of the flow chart on one single transaction from the MDT ecosystem:

Example Use-cases:

Open Messenger is an email messenger app that helps users manage their email as simply as messaging on mobile. As a data provider, it collects and analyzes users’ anonymous email receipt data, and transforms it into valuable business insights, which updates daily right after the purchases happen.

Gaming company J is a data buyer, who constantly look for competitors’ sales trends for decision making. They discover that Open Messenger has published a new data dashboard product called “Sales Trends for Game P and Game C in 2016” that they are interested in purchasing.

After Company J clicks the Purchase button on Open Messenger’s website, this request notifies both the Open Messenger and the Measurable Platform.

Thereafter, Measurable Platform constructs a Smart Contract which includes:

Public User Key, which means all the invoked data points and the respective public user key
User reward percentage: u %
Data Dimensions:  iTunes email receipts, quantity...
Transaction Price:Va  MDT
Transaction Condition: Accepts deal within y hours

Data Buyer sends Va MDT to the contract address and then gets the preview access to the product requested.  According to the conditions in the smart contract, Company J needs to decide if they accept the deal within y hours. Within y hours, J believes that the data is valid and the deal is accepted. After the acceptance, the Smart Contract executes, and simultaneously J gets the full access to the product.

Measurable Platform gets calculation fee:  Vm = Va * x%
User reward total is Vu = (Va-Vm) * u%, each user’s reward varies depending  on their contributing points amount
Open Messenger as a Data Provider gets the remainder  Vo = Va - Vm - Vu

If J does not accept the deal in this case, and believes that the data is invalid or problematic, the transaction will automatically go through arbitration on the Measurable Platform. If the arbitration result is deal accepted, the Smart Contract executes. If the result is deal failed, Company J still needs to pay x% calculation fee to the Measurable Platform, and the balance returns to the J Company.
It is very likely that for any early adopter, the number of data points being invoked is not large enough to get considerable rewards.For some users, it may take longer time to reach the amount other users only take several days to achieve. After all, the data points every user creates are different.

To solve the potential issue of micropayment and delay in transaction confirmation times (for example, when the rewarded MDT is too small that it fails to cover the cost of Ethereum transaction), MDT will first introduces a reward deposit pool where it stores users’ micro-rewards until the quantity reaches an appropriate threshold to be sent to the user.

Users will be notified in their wallet about the number of contributed data points and the amount of reward earned. Only once the rewarded MDT reaches a validated amount will the wallet be activated to use. Users can transparently check reward income and data points in real time to monitor their status in the MDT ecosystem.

For example, User F downloads the Open Messenger app and opts in to join the MDT data exchange ecosystem. In the first week, his email receipt data is invoked so his wallet displays the current rewarded MDT amount and the data points he has shared so far. The number is below the threshold to activate his wallet, but three months later, the number reaches the verified amount and User F is able to withdraw, make purchases, and transfer his MDT.



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