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

[haxllega]

https://blog.datum.org/wednesday-weekly-a-surprise-for-our-community-c3928dad93f0 i do not know if published here but alpha screens and report looks good

So its alpha stage already. Thats good. Hope all issues with possible fake data and data verification will be solved.

Let's hope we will be able to test it soon. I think it would be very good if they give us the opportunity to test it before the ICO.

[toolucky98]

https://blog.datum.org/wednesday-weekly-a-surprise-for-our-community-c3928dad93f0 i do not know if published here but alpha screens and report looks good

So its alpha stage already. Thats good. Hope all issues with possible fake data and data verification will be solved.

https://blog.datum.org/wednesday-weekly-a-surprise-for-our-community-c3928dad93f0 i do not know if published here but alpha screens and report looks good

So its alpha stage already. Thats good. Hope all issues with possible fake data and data verification will be solved.

Let's hope we will be able to test it soon. I think it would be very good if they give us the opportunity to test it before the ICO.

Datum app is already available in play store but still not recommended to try, its highly insecure.
https://demo.datum.org/

[Sozialtourist]

There will be algorithms which will find out who creates fake data. I don't think this will be a big problem because it's not worth the effort.

Pretty comfortable to say that algorithms will just appear miraculously, which can decide what is fake data and what's not.

And to your other argument. I think Rigorous example with Ashley Madison showed that it can indeed be worth the effort to create such fake data.

[sockpuppet1911]

The best fact in datum is that they will create a platform that will help us to see the value of the data and our data. Its a great feature and datum can disrupt the data market with that.

Somehow i am thinking that it's lower then we think. Facebook can sell our information in bulks, unlike we who can sell only individual data of ourselves.

Yes, but only for example in China, where there are 1.4 billion people, there is no facebook! I think this is not the only example..

Then how would they be able to extract their facebook data to datum and sell it in the first place?

[2l84aa]

https://blog.datum.org/wednesday-weekly-a-surprise-for-our-community-c3928dad93f0 i do not know if published here but alpha screens and report looks good

So its alpha stage already. Thats good. Hope all issues with possible fake data and data verification will be solved.

Yeah, fraud can be a killer in this industry.

[Jay2408]

There will be algorithms which will find out who creates fake data. I don't think this will be a big problem because it's not worth the effort.

Pretty comfortable to say that algorithms will just appear miraculously, which can decide what is fake data and what's not.

And to your other argument. I think Rigorous example with Ashley Madison showed that it can indeed be worth the effort to create such fake data.

I think fake data on a large scale like the Ashley Madison example, yes, can be worth the effort. But as an individual you probably won't take the trouble for just a few dollars more. I could imagine Datum might detect inconsistancies in your data, then you would have to create a whole fake identity.

[SEELE^^01]

built up a random account generator for fake ids and you will be rich hmmmmm

sounds eazy but i dont think it could fruit ><

[Trrrt]

Yes check the datum alpha screenshot and report, it’s very interesting and good to understand how datum will work. I’m impatient to se more about the platform, data is a big economy, and I want to see how datum will manage that. 

[Bambulee]

If Datum can join the big markets it would be a big thing!
Even if they can take some power away from facebook all will win

[matjas]

If Datum can join the big markets it would be a big thing!
Even if they can take some power away from facebook all will win

For now they cant come close to Facebook and will have to grow step by step to become of of the big players but that is understandable. The market is huge and everyone wants to stay on top.

[greatteager]

There will be algorithms which will find out who creates fake data. I don't think this will be a big problem because it's not worth the effort.

Pretty comfortable to say that algorithms will just appear miraculously, which can decide what is fake data and what's not.

And to your other argument. I think Rigorous example with Ashley Madison showed that it can indeed be worth the effort to create such fake data.

What is an example with Ashley Madison? The main task is to collect real data.

[Buchi-88]

What do you guys think about the token allocation? 51% all DAT tokens will be offered in the public token sale, 20% goes to the Datum Core Developer and 29% to a reserve fund for future expansion.

maybe, 29% is used for bounty, marketing, etc.
for 51% token sale, maybe its good amount for market circulation.
for 20% core team, i don't think its huge amount.

I also think that these percentages are a good distribution, so the distribution is good and the project secured;) good 5 days yet to the ICO 

[FIEX]

If Datum can join the big markets it would be a big thing!
Even if they can take some power away from facebook all will win

I'm sure Datum will win in the future!
Its just a matter of time but it will take time. Cant wait until Datum is going live.

Keep this up devs!

[cmg12]

If Datum can join the big markets it would be a big thing!
Even if they can take some power away from facebook all will win

I'm sure Datum will win in the future!
Its just a matter of time but it will take time. Cant wait until Datum is going live.

Keep this up devs!

Yep, Datum platform has great potential. I'm glad that I can invest and hopefully make profit on this ico

[niklasmato]

Companies will pay for data in DAT tokens or in other cryptocurrencies (ETH, BTC) ?

I don't know how will companies pay to datum, it probably will be on fiat.

But datum will pay in dat to people who it buys their data from.

The companies will probably get a choice in what currency they will need to pay.
DAT tokens, BTC, ETH or FIAT would be my guess.
Is that somewhere described in the Whitepaper?

[belechau]

Companies will pay for data in DAT tokens or in other cryptocurrencies (ETH, BTC) ?

I don't know how will companies pay to datum, it probably will be on fiat.

But datum will pay in dat to people who it buys their data from.

The companies will probably get a choice in what currency they will need to pay.
DAT tokens, BTC, ETH or FIAT would be my guess.
Is that somewhere described in the Whitepaper?

For an organizational matter it will be much more feasible to use the Dat Tokens for payment in these commercializations, but an integration with Btc and ETH will be very pleasant. The only certainty is that the application of the Datum concept will bring us better days

[toolucky98]

Companies will pay for data in DAT tokens or in other cryptocurrencies (ETH, BTC) ?

I don't know how will companies pay to datum, it probably will be on fiat.

But datum will pay in dat to people who it buys their data from.

The companies will probably get a choice in what currency they will need to pay.
DAT tokens, BTC, ETH or FIAT would be my guess.
Is that somewhere described in the Whitepaper?

Whitepaper pages 15 sir, i think it will be only with DAT, so you need to buy DAT first.

[cmg12]

Companies will pay for data in DAT tokens or in other cryptocurrencies (ETH, BTC) ?

I don't know how will companies pay to datum, it probably will be on fiat.

But datum will pay in dat to people who it buys their data from.

The companies will probably get a choice in what currency they will need to pay.
DAT tokens, BTC, ETH or FIAT would be my guess.
Is that somewhere described in the Whitepaper?

For an organizational matter it will be much more feasible to use the Dat Tokens for payment in these commercializations, but an integration with Btc and ETH will be very pleasant. The only certainty is that the application of the Datum concept will bring us better days

Either way most companies, shops and vendors will want to be paid in fiat, it's more convenient for them and for tax purposes

[lobat999]

DATUM will surely paved the way for ordinary end users to give value to their personal data and wisely handle them.

[cantdecide]

I've pretty given up on my privacy and data being in my control. If a company succeeds in disrupting this multibillion-dollar industry then it will surely be the most valuable token on the market. There are a few companies attempting this and I'm at the edge of my seat watching them all.

Facebook is investing heavily on big data technologies because they realized that data is gold and Datum project makes sense.

Do you think that Facebook and Datum will make a Partnership? Facebook has a big personal data, and they might sell it to Datum?  

Why would they buy it from facebook? Datum is selling same data as facebook already.

For me it is not 100% clear how Datum will collect the data en store it, without FB/Google taking it too.

Facebook takes your Facebook data, and other devices/services you login with Facebook. Same story with "Login with Google Account". Others have mentioned how much that data is worth, using measurements such as Cost Per Click (CPC), Cost Per Mille (CPM - $ per 1K impressions) - but that's for advertising.

However, Datum's applications go beyond social media, as we are working on smart devices - for example, IoT devices such as smartwatches, fitness trackers - possibilities are "endless" (well, all that API can support).

So will datum be some sort of IOS , or will it run in the background as a filter which other apps have to go through?

Datum is a companion app that shares gathered data. The exact data gathered depends on what you give us permission to share. We're working on a calculator that shows how much your data is worth.

I must have that calculator - just for the laughs maybe, but I'm curious anyway.

The value of your data is standard for everyone or depends on other factors such as where on the world do you live, your age, income, etc?

How do you want to calculate the price for your data? There are so many variable points which influence the price probably and in the end it's up to what a company want to pay for specific data. That's nothing which you could calculate before in my opinion.

I think that typing values for data that are already commercialized is the minimum in Datum, there are big companies that work with data packages for other Companies, and with this market being open and inclusive to Common people there is a basis for negotiation

But do you really think a company will start to negotiate for every data they need out there, especially when they have to negotiate with every user who tries to sell his data at the Datum app? The devs said, that you have this option, but I highly doubt that a company will start to negotiate with 5000 people or so for some cents everytime they want to buy some data.