DataBlockChain

Big data

Review for DataBlockChain ICO

The idea
DataBlockChain.io is a revolutionary data platform that stands to disrupt the way that companies and individuals gather premium data. Our product will democratize data, making it more readily available and less expensive than the current methods of data gathering and vetting. The result is that clients can access specific data sets in a cost-effective and transparent way, collecting exactly what they need without paying for extraneous data.
With the market for advertising reaching $591 billion in 2017 and $209 billion of it dedicated to digital advertising, the need for accurate data is only growing. Data is the backbone of the marketing boom, and DataBlockChain.io has the capability to be the category killer
We will merge our own proprietary data with many of the world’s largest databases ranging from government data, industry specific data, voting records, business to business data, property data, credit bureau data, etc. to create a comprehensive variety of data sets valuable to individuals and businesses looking to both attract and retain clients.
The level of access to quality data DataBlockChain.io offers has been cost prohibitive for most companies outside of the Fortune 500, but as a result of our platform, all participants will be able to obtain the exact, nuanced data they are seeking. Because DataBlockChain.io removes the middlemen in the data industry that tend to drive prices up and cause inefficiencies, no order size will be too small to fulfill. This opens up an untapped market of potential clients on a global stage.

Revenue Model
While BigData has traditionally been available only to big companies, DataBlockChain.io lowers the barrier for entry and expands our potential client base to include small, medium and large businesses around the globe as well as blockchain companies seeking data for their new ventures.
DataBlockChain.io will collaborate with a network of diverse data partners contributing billions of data points from thousands of sources.DataBlockChain.io will manage and help monetize their data helping those data partners reach a broader global audience of potential customers.
When a customer places an order on DataBlockChain.io that uses the data partners data both DataBlockChain.io and the data partner will get a percentage of the data that was purchased. The DataBlockChain.io approach will streamline and maximize profits for all parties involved.
• Primary Revenue Model
o Big Data Partners access via API
• Secondary Revenue Model
o DataBockChain.io’s Data
• Tertiary Revenue Model
o Data Partners Onboard Data

Token Mechanism
DBCCoin is an ERC-20 Token (with ERC-677 functionality) that is implemented on the Ethereum blockchain. DataBlockChain.io utilizes Smart Contracts written in Solidity for transactions, auditing and payments. The DBCCoin tokens will be used for transactions on DataBlockChain.io and be used to remunerate Data Providers. The DBCCoin token will also function as an essential marketing tool for DataBlockChain.io as it will serve as the basis for the Rewards Program as well as incentivizing partners through a Promotion Program. These functionalities will be fully supported in the Smart Contract using Solidity.

Technology
• Smart Indexing Engine (SIE)
• Blockchain Integration
• DBCWallet to Simplify Buying Process
• IPFS

Average rates for the project

4.5 / 5
Rating
4
Team
5
Vision
4
Product
5
Hype
-
-
-

Funding

Current cap
0 $
Hard cap
50000000 $

About DataBlockChain

 

  • Ticker: DBCC
  • Token type: ERC223
  • ICO Token Price: 1 DBCC = 0.12 USD
  • Fundraising Goal: 50,000,000 USD
  • Sold on pre-sale: 10,000,000 USD
  • Total Tokens: 870,000,000
  • Available for Token Sale: 60%
  • Whitelist: YES 
  • Know Your Customer (KYC): YES
  • Min/Max Personal Cap: 0.1 ETH 
  • Accepts: ETH