[ANN][ICO] 🌟🌟 Datum - Unlock the Bln $$ Data Economy - ICO 29th October - 🌟🌟

[FIEX]

What will happen with unclaimed DAT tokens? Will they burned or will Datum use them for developing or community building?

29% of minted DAT tokens will be held in a reserve by the Datum Genesis Ltd. for community initiatives, user growth, business development, academic research, and future market expansion.

I think unsold tokens will go to this reserve.
Cant see anything about tokens being burned.

[Rigorous]

I entered the Datum airdrop a few weeks or month ago, but I still don't know what Datum is. A data stock market?

[toolucky98]

What will happen with unclaimed DAT tokens? Will they burned or will Datum use them for developing or community building?

29% of minted DAT tokens will be held in a reserve by the Datum Genesis Ltd. for community initiatives, user growth, business development, academic research, and future market expansion.

I think unsold tokens will go to this reserve.
Cant see anything about tokens being burned.

That 29 percent is the amount they have planned, it wont be so good if it is changed again.
I think the best decision is to burn the unsold tokens, it will benefit both investor and Datum Genesis Ltd.

[MiBambino]

I entered the Datum airdrop a few weeks or month ago, but I still don't know what Datum is. A data stock market?

an online marketplace based on the blockchain where you can sell your own generated data. as you know your data (likes, shopping behavior, demographic info, ...) is all very valuable. Data will allow you to sell the data that gets left behind, like secret likes, cash spendings, ... so that advertisers and researchers can get the best available information to target you as a consumer

[MiBambino]

Why there is a very big gap between the soft cap and the hard cap?

Soft cap 5,000 ETH
Hard cap 153,000 ETH

More than 30x.

the soft cap needed to be reached in order to develop and advertise the coin a little more leading up to the ICO. The hard cap doesn't need to be reached, they're just aiming for that amount as a best case scenario.

From that 153,000 ETH hard cap, i think it means this project has a very big potential and so many developments they have planned to do with more and more raised amount.

Indeed, plus the team will keep a number of DAT for themselves to fund the project, so after the ICO the coins will probably gain value so they can sell them to keep innovating

[Rigorous]

I entered the Datum airdrop a few weeks or month ago, but I still don't know what Datum is. A data stock market?

an online marketplace based on the blockchain where you can sell your own generated data. as you know your data (likes, shopping behavior, demographic info, ...) is all very valuable. Data will allow you to sell the data that gets left behind, like secret likes, cash spendings, ... so that advertisers and researchers can get the best available information to target you as a consumer

Alright, thanks for explaining. So it is kind of like the information Google, Facebook and such collect through ads and sells to businesses in the form of analytics. Basically the whole internet is based on this.

[ParRus]

I entered the Datum airdrop a few weeks or month ago, but I still don't know what Datum is. A data stock market?

an online marketplace based on the blockchain where you can sell your own generated data. as you know your data (likes, shopping behavior, demographic info, ...) is all very valuable. Data will allow you to sell the data that gets left behind, like secret likes, cash spendings, ... so that advertisers and researchers can get the best available information to target you as a consumer

Yeah, really useful information for those who need such statistics - from marketing in our time depends everything, so I think this project is very relevant

[Rigorous]

So if I understand correctly, instead of ad companies harvesting and selling our personal data to companies for profit, with Datum we can sell the data ourselves? But that means we are competing with ad companies, who years of experience in tracking our conscious and subconscious behavior.

[belechau]

The concept of datum really makes sense and the decentralization of our data gives us back control over them. If so many companies market and profit from them, why can not we do it? I wish the Team and the project itself good luck. I hope to invest in the course of the year. worth it

[SEELE^^01]

So if I understand correctly, instead of ad companies harvesting and selling our personal data to companies for profit, with Datum we can sell the data ourselves? But that means we are competing with ad companies, who years of experience in tracking our conscious and subconscious behavior.

better now than later to have control about your data and what you want to sell, dont you agree

if fb amazon and so can make money with my data, why shouldnt i get money too ?

[greatteager]

If you sell all the tokens very quickly, then the beta version will be released earlier or in December?

[cantdecide]

I like the idea behind Datum, because I rather sell my own data instead of let someone sell my data.

But I am not sure ... We get control about our data and will be able to sell it, but who will stop other companies from still collecting my data in the current way?

[batako]

I entered the Datum airdrop a few weeks or month ago, but I still don't know what Datum is. A data stock market?

an online marketplace based on the blockchain where you can sell your own generated data. as you know your data (likes, shopping behavior, demographic info, ...) is all very valuable. Data will allow you to sell the data that gets left behind, like secret likes, cash spendings, ... so that advertisers and researchers can get the best available information to target you as a consumer

Just realized that such data (shopping behaviour etc) has values. For me as individual, those data are worthless but after I read Datum's opening page, I got interested to know more about the benefit we can get from such data.

[the_donald]

I entered the Datum airdrop a few weeks or month ago, but I still don't know what Datum is. A data stock market?

an online marketplace based on the blockchain where you can sell your own generated data. as you know your data (likes, shopping behavior, demographic info, ...) is all very valuable. Data will allow you to sell the data that gets left behind, like secret likes, cash spendings, ... so that advertisers and researchers can get the best available information to target you as a consumer

Just realized that such data (shopping behaviour etc) has values. For me as individual, those data are worthless but after I read Datum's opening page, I got interested to know more about the benefit we can get from such data.

hopefully the benefit will be highly valuable. the concern I have is that my data as an individual isn't worth much. what is worth much is the aggregated data of millions of individuals.

[Cauchy]

I entered the Datum airdrop a few weeks or month ago, but I still don't know what Datum is. A data stock market?

an online marketplace based on the blockchain where you can sell your own generated data. as you know your data (likes, shopping behavior, demographic info, ...) is all very valuable. Data will allow you to sell the data that gets left behind, like secret likes, cash spendings, ... so that advertisers and researchers can get the best available information to target you as a consumer

Just realized that such data (shopping behaviour etc) has values. For me as individual, those data are worthless but after I read Datum's opening page, I got interested to know more about the benefit we can get from such data.

hopefully the benefit will be highly valuable. the concern I have is that my data as an individual isn't worth much. what is worth much is the aggregated data of millions of individuals.

Is this one of the first or the first Project/Company to offer this kind of solution. And if so, why has no one else Before tried to do the same?

[Urmip16]

Nice project, waiting for the ICO

[toolucky98]

I entered the Datum airdrop a few weeks or month ago, but I still don't know what Datum is. A data stock market?

an online marketplace based on the blockchain where you can sell your own generated data. as you know your data (likes, shopping behavior, demographic info, ...) is all very valuable. Data will allow you to sell the data that gets left behind, like secret likes, cash spendings, ... so that advertisers and researchers can get the best available information to target you as a consumer

Just realized that such data (shopping behaviour etc) has values. For me as individual, those data are worthless but after I read Datum's opening page, I got interested to know more about the benefit we can get from such data.

hopefully the benefit will be highly valuable. the concern I have is that my data as an individual isn't worth much. what is worth much is the aggregated data of millions of individuals.

They said "your data is worth $2000+ USD/year."
Hopefully that is true, and i think it will be like this : we sell our data one by one, and the buyer will buy many at once.

[Elkmar]

What will happen with unclaimed DAT tokens? Will they burned or will Datum use them for developing or community building?

29% of minted DAT tokens will be held in a reserve by the Datum Genesis Ltd. for community initiatives, user growth, business development, academic research, and future market expansion.

I think unsold tokens will go to this reserve.
Cant see anything about tokens being burned.

That 29 percent is the amount they have planned, it wont be so good if it is changed again.
I think the best decision is to burn the unsold tokens, it will benefit both investor and Datum Genesis Ltd.

Will the token be minted with every transactions or are the tokens for the sale already minted ?

[Moli007]

I'm in, thanks  

[viljy]

I entered the Datum airdrop a few weeks or month ago, but I still don't know what Datum is. A data stock market?

an online marketplace based on the blockchain where you can sell your own generated data. as you know your data (likes, shopping behavior, demographic info, ...) is all very valuable. Data will allow you to sell the data that gets left behind, like secret likes, cash spendings, ... so that advertisers and researchers can get the best available information to target you as a consumer

Just realized that such data (shopping behaviour etc) has values. For me as individual, those data are worthless but after I read Datum's opening page, I got interested to know more about the benefit we can get from such data.

hopefully the benefit will be highly valuable. the concern I have is that my data as an individual isn't worth much. what is worth much is the aggregated data of millions of individuals.

They said "your data is worth $2000+ USD/year."
Hopefully that is true, and i think it will be like this : we sell our data one by one, and the buyer will buy many at once.

Well, it's somehow a lot for personal data. Can it be $2 or $20 per year? This is probably the buyer will buy an array of data for $2000 or 20k.