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Showing posts with the label DataBroker DAO

Joy Token - Why Is This a Good Investment Opportunity?

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Joy Token  While researching ICOs i intend to invest in, I personally evaluate and reference four major aspects of the project namely; the project itself, the team in charge, the road map progress of the project and the ICO structure. These points help me gain a much needed insight into the project I am buying into and their chances for success in the existing crypto market.  Project Assessment The Project The Joy token project while assessing it shows that it not only provides innovative solutions to existing problems but also offers solutions to problems a lot of people never knew existed so in a way it is more like a brand new platform injection brand new ideas and opportunities into and existing multi-billion dollar industry. Joy token already offers developer's access to integrate and test their games on playcosmo.com which is a live casino already regulated in the UK and a few other countries. with joy token developers, gamers and operators do not have to wo...

Making Cities Smarter: Databroker DAO – Part 4: Token Sale and ICO Review

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Earlier in the series I reviewed the DataBroker DAO project, the problems and solutions, then how it works and its real life use cases. It is now time for the next and most important part for an investor; The token sale and Initial coin offering (ICO). If you missed the earlier parts of the series kindly read up here >> Part 1: Project Introduction Part 2: Problems and the Solutions Provided By DataBroker DAO  Part 3: How Databroker DAO Works and its Use Cases   Why DataBroker DAO? (Why would I invest in this project?) When analyzing a project to invest in during its ICO, there are certain markers I look into which must checkout before making investment decisions. These markers include the project, the team, the roadmap and the ICO structure. The Project: The project as analyzed I the earlier parts of this series is a solid one in every sense of technicality and application to the target market. It is both revolutionary and achievable. The DataBroker...

Making Cities Smarter: DataBroker DAO – Part 3: How Databroker DAO Works and its Use Cases

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In the previous part of this series I explained the  problems the DataBroker DAO is going to solve and the solution , now I will be shedding more light into how the system works and the use cases with a practical example. How DataBroker DAO Works When considering the several use cases of data broker, it’s always important to first know how it works, then outline the target market or actors in the ecosystem I.e. the people that are going to adopt this technology from the sensor owners where it is generated, to the data users and everyone in between. The actors in the DataBroker DAO ecosystem can be classified into four groups namely; Sensor Owners Data Buyers Data Processors Gateway operators  Sensor Owners:  This group belongs to anyone who has purchased and/or owns an IoT sensor and. Is prepared to monetize on the Databroker platform the data generated by their sensors. Data Buyers:  This is a group that consists of every entity looking to purcha...

Making Cities Smarter: Databroker DAO – Part 2: Problems and the Solutions Provided By DataBroker DAO

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In the  project introduction   I gave insights on what this project is about in simple terms. In this part of the series I will be diving into the real life problems Databroker DAO is created to solve and how the platform will go about solving them. The Problems: The sensor data market faces billion dollars’ worth of challenges. The importance of IoT sensors and data collection to companies, researchers, government bodies and individuals is so huge that hundreds of billions in dollars are spent yearly on purchasing, installing and maintaining of IoT sensors. Data collection applies to our everyday life even in ways we may not know or deem insignificant.  According to the project whitepaper: after taking data it is discovered that by 2016, the global market for IoT sensors surpassed 600 billion USD per year, which is expected to grow to 1.2 trillion USD per year by 2019. This includes the purchase, installation and maintenance of sensors and the software packa...

Making Cities Smarter: DataBroker DAO – Part 1: Project Introduction

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This piece will be a four part series in which I will be introducing the DataBroker DAO project, analyzing the challenges and solutions, how it works and its use cases, and then finally reviewing the project ICO/token sale. Project Introduction  At first glance word DATABROKER is a combination of two words DATA and BROKER, so by default it gives an idea of what the platform is about; buying and selling of data. Sounds simple and easy enough? Not quite. Let’s dive into some facts; Smart devices like our smartphones, home appliances or even vehicles gathers and exchange data on the go with IoT (Internet of Things) sensors embedded in them Technological innovations needs these authentic data to monitor and optimize their operations, but most are limited by the cost of gathering it IoT sensors are very expensive to buy and install (over $600 billion is spent on IoT sensors yearly) The data gathered by IoT sensors for most devices serve a specific purpose and  the...