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

[theovalich]

How much (in DAT tokens), storing my data is going to cost me? Am I going to pay per Gb stored? Thanks!

Hi, the payment structure will be decided once we launch our test network - which is happening in a few weeks. We look to be significantly more affordable that commercial enterprises.

As far as I know, we're looking into data streams, and the value of the data is not the size, rather the stream. We're not looking for binary files like images or videos, rather machine readable data. That data is miniscule in comparison. Believe it or not, but the amount of data you generate in a year is less than one short video on YouTube in HD quality.

That is our primary focus.

[Dipsomaniac]

Are there any reliable estimates on just how valuable a single persons data is?

Great question. I can't see the individuals data being worth much, but that doesn't mean it shouldn't belong to us to do with as we please.

Tevon and Luis actually built us a Data Calculator using publicly available data (marketing, Facebook, Google, Twitter ARPUs etc.), as well as some data estimates from data buyers evaluating the Datum platform.

https://calc.datum.org/

Wow that's a lot higher number than I was expecting. Is this over the lifetime of the individual or what?

[earthcoin]

How much (in DAT tokens), storing my data is going to cost me? Am I going to pay per Gb stored? Thanks!

Hi, the payment structure will be decided once we launch our test network - which is happening in a few weeks. We look to be significantly more affordable that commercial enterprises.

As far as I know, we're looking into data streams, and the value of the data is not the size, rather the stream. We're not looking for binary files like images or videos, rather machine readable data. That data is miniscule in comparison. Believe it or not, but the amount of data you generate in a year is less than one short video on YouTube in HD quality.

That is our primary focus.

Oh yeah I believe that. Video is incredibly data inefficient.

[deeltje]

When will bounty compensation be released?

When the tokens get released. 4-11 December 2017.



[/quote]

Nice, thanks for the quick response.

[okspam]

How'd you come up with the idea for Datum?

TL; DR Version:

The three co-founders have several businesses (supply chain, robotics), and they were wondering how could they protect the data from hacking. Then, universal income referendum in Switzerland (Roger, Gebi, VC are all born and raised Swiss) happened and they were debating that every human has a value, because practically every human is being monetized through advertising / data collection.

Need to protect the data for the devices made, need to protect the data for humans, need to establish a new security protocol that enables safe data sharing... and an idea for marketplace was born. April 2016 became September 2016, then came April 2017, August 2017 with the pre-sale and we're now in November with two hardware devices, and many more to come.

Very cool story. It seems like there would be a lot more uses for this kind of data protection. Do you see Datum ever branching out?

[GoBelle]

Are there any reliable estimates on just how valuable a single persons data is?

Great question. I can't see the individuals data being worth much, but that doesn't mean it shouldn't belong to us to do with as we please.

Tevon and Luis actually built us a Data Calculator using publicly available data (marketing, Facebook, Google, Twitter ARPUs etc.), as well as some data estimates from data buyers evaluating the Datum platform.

https://calc.datum.org/

When will bounty compensation be released?

When the tokens get released. 4-11 December 2017.

Sorry if this has already been answered, I'm curious if you see any uses for machine learning with your platform?

In all honesty, many. But, I am not an AI/ML/DL expert, and I forwarded your question to Florian / Matt.

Roger's answer (no time for Bitcoin Talk forum, he's locked in a dungeon on the 9th floor working on Datum API):

"roger.haenni [7:48 PM]
Yes, especially things like NLP (Natural Language Processing) using Machine Learning for Chatbots etc, startups working on this need chat transcripts of real users to train their Machine Learning Models, with Datum they can buy chat transcripts from users."

Roger is a freaking genius! Throw him an extra scrap of bread into his dungeon for him lol. Seriously though, using ML on all the data you guys will have would make that data more useful, thus giving everyone more value for their same data.

[jcowle86]

Can someone explain something to me.. During the presale the price was 10k Datum for 1ETH with a 50% bonus I believe. So 15KDat/1ETH. Now on the website it says that the price is 27,625Dat/1ETH. How does that make any sense? That means that the presale purchasers got screwed?


**UPDATE**
I reached out to the team in the Telegram chanel and they directed me to this blog post that explains that there has been an adjustment to the pre-sale price:
https://blog.datum.org/datum-presale-58883067371b

In case anyone else missed that

[Lukas1989]

Is the information updated regularly?

[theovalich]

Are there any reliable estimates on just how valuable a single persons data is?

Great question. I can't see the individuals data being worth much, but that doesn't mean it shouldn't belong to us to do with as we please.

Tevon and Luis actually built us a Data Calculator using publicly available data (marketing, Facebook, Google, Twitter ARPUs etc.), as well as some data estimates from data buyers evaluating the Datum platform.

https://calc.datum.org/

Wow that's a lot higher number than I was expecting. Is this over the lifetime of the individual or what?

You'd be surprised. That number is Annual Revenue Per User - ARPU. So, that's how much you're worth to advertisers and businesses every year. Of course, you could also add in the whole advertising industry which targets your eyeballs - so you could take 546 billion USD p.a., and divide it by 7.4 billion (total number of people in the world), or 4.77 billion (number of people with a mobile phone) or a similar number. That would be from USD $73.37 to $114.47 in addition to our calculation.

Realistically, even though we speak a lot about Google and Facebook (because the audience here is very tech savvy), realistically speaking - a lot of advertising is on other medium we do not even count. TV, cinema, printed ads, banners, catalogues, billboards, magazine ads, and other alternate means of advertising.

Datum looks into advertising as one source where people can monetize. Let's be real, real data you create is much more valuable than ads themselves.

[theovalich]

Is the information updated regularly?

Hi Luke,

We have almost daily updates on our blog, as well as daily updates on Facebook, Twitter and if you want to ask something, we're always available here and on Telegram.

If you have any question, just ask and we'll try to answer.

[Snipe85]

Does anyone know what happens to the bounty campaign? Spreadsheets are not updated for a long time, while new members are taking. In the bounty thread is silence.

[theovalich]

Does anyone know what happens to the bounty campaign? Spreadsheets are not updated for a long time, while new members are taking. In the bounty thread is silence.

I know Vitaly, our bounty manager is behind with the spreadsheets, but with token distribution 4-11th December, there is time. All that apply and qualify will receive what was stated in the rules.

[Snipe85]

Thankyou for your answer. Indeed, it is seen that work in other areas is actively carried out. Here from Twitter, I learned about Blockchain conference in Moscow on 15th -16th November, where Datum will participate.

[sge99]

Thankyou for your answer. Indeed, it is seen that work in other areas is actively carried out. Here from Twitter, I learned about Blockchain conference in Moscow on 15th -16th November, where Datum will participate.

Yes, the Datum team is quite busy and working hard it seems with all these upcoming events. And they are active and responsive in all channels, like telegram or here. Great work!

[vtuyen]

Thankyou for your answer. Indeed, it is seen that work in other areas is actively carried out. Here from Twitter, I learned about Blockchain conference in Moscow on 15th -16th November, where Datum will participate.

When to buy token to receive token about how long? Please

[Dipsomaniac]

Thankyou for your answer. Indeed, it is seen that work in other areas is actively carried out. Here from Twitter, I learned about Blockchain conference in Moscow on 15th -16th November, where Datum will participate.

When to buy token to receive token about how long? Please

Token distribution is early December I think.

[earthcoin]

Thankyou for your answer. Indeed, it is seen that work in other areas is actively carried out. Here from Twitter, I learned about Blockchain conference in Moscow on 15th -16th November, where Datum will participate.

Yes, the Datum team is quite busy and working hard it seems with all these upcoming events. And they are active and responsive in all channels, like telegram or here. Great work!

What events are upcoming?

[deeltje]

Are there any reliable estimates on just how valuable a single persons data is?

Great question. I can't see the individuals data being worth much, but that doesn't mean it shouldn't belong to us to do with as we please.

Tevon and Luis actually built us a Data Calculator using publicly available data (marketing, Facebook, Google, Twitter ARPUs etc.), as well as some data estimates from data buyers evaluating the Datum platform.

https://calc.datum.org/

Wow that's a lot higher number than I was expecting. Is this over the lifetime of the individual or what?

You'd be surprised. That number is Annual Revenue Per User - ARPU. So, that's how much you're worth to advertisers and businesses every year. Of course, you could also add in the whole advertising industry which targets your eyeballs - so you could take 546 billion USD p.a., and divide it by 7.4 billion (total number of people in the world), or 4.77 billion (number of people with a mobile phone) or a similar number. That would be from USD $73.37 to $114.47 in addition to our calculation.

Realistically, even though we speak a lot about Google and Facebook (because the audience here is very tech savvy), realistically speaking - a lot of advertising is on other medium we do not even count. TV, cinema, printed ads, banners, catalogues, billboards, magazine ads, and other alternate means of advertising.

Datum looks into advertising as one source where people can monetize. Let's be real, real data you create is much more valuable than ads themselves.

I was getting $1500 or so. Companies actually make their money back if they're going to spend so much for user data?

[okspam]

Thankyou for your answer. Indeed, it is seen that work in other areas is actively carried out. Here from Twitter, I learned about Blockchain conference in Moscow on 15th -16th November, where Datum will participate.

Oh yeah I heard about this. https://moscow.blockchainconf.world/en?utm_source=PR_Topyzlieva&utm_medium=Bitcoin&utm_campaign=livebitcoinnews_com

Didn't know Datum would be talking.

[GoBelle]

is there any competitive  comparison exist?

I think he's trying to ask if you guys have any competition, which is actually a pretty good question.