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Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

Datum Makes It Possible to Earn While Sharing Your Data Online

newsbtc
newsbtc
4 years ago
2 mins read
datum ico

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What would it look like to be the owner of one’s own online data – where they can get paid to give it out? Datum is making it possible. The innovative platform leveraging blockchain technology is running an ICO, allowing the participants to move away from presently practiced autocratic online life where social media and search engines continue to exert control over the user-generated data and make a huge fortune out of it.

Until now, internet users never got a penny for sharing their data or posting on social media platforms. With the Datum platform, it is not going to stay that way as there is now a way for individuals to control and monetize the data. The platform provides users with a global data exchange window that allows them to trade their own data for money.

Joining the ICO Now? Get to know Datum

Powered by BigchainDB, Ethereum, and IPFS, Datum represents a blockchain-based NoSQL database with distributed and decentralized ledgers. It gives any member a chance to back up their data anonymously and securely – preventing users from leaking their data to the media, including social media, Smart Home applications, and Wearables.

The catch here is that instead of giving data to some social network, it can be stored with Datum, retrieved when required, control access to it and also earn by sharing it.

The Datum ICO

The platform is currently on a fundraising spree through the token sale route. During the ongoing ICO, participants can purchase 28,750 DAT tokens against the payment of 1 ETH. In addition, the platform also has bonus structures in place to make the token sale even more attractive.

The Datum project has grown beyond the whitepaper stage with a proven system that works. It has raised a total of $1.5 million during the presale. The platform has also got 7K plus telegram users, 65K plus App Signups, 20K plus Twitter followers, and over 420K weekly visits.

The team?

The project is a brainchild of tech wizards and fintech experts who have handled user data in the past and the company informs that KPMG is the editor of Datum Whitepaper, making it a serious product.

Big names like William Shatner are all in with Datum, sharing and earning their own personal data as he tweeted

“I’m a celebrity so I got paid cash to tweet this out. Now you can #GetPaidForYourData too. #TakeBackYourData @datumnetwork #promoted” .

The ICO will go on until November 29, 2017, and more information is available at Datum.org

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