Website | Telegram | Blog | GitHub
"Datawallet provides users with a self-sovereign wallet that puts them in charge of their data, and allows them to monetise as well as utilise an asset that is rightfully theirs. Our exchange puts users in the driver seats; it gives them full control over which data they want to share and who they want to share it with. It gives them full transparency into the use cases that companies want to source their data for. And most importantly, it allows them to reclaim the profits made with an asset that is rightfully theirs." (One Pager)
Main Positives
The ecosystem architecture is very well explained in their technical whitepaper. It goes in depth into the details and is very transparent. Impressive.
Alpha version of the dApp can already be downloaded on your mobile device. Clean interface and it works well.
The ICO is very well polished and the admins are very helpful. All the questions I've had they answered within 5 minutes and they haven't dodged anything as far as I am concerned.
The DXT tokens will be an useful component of this ecosystem. It can be earned by the user for sharing the data he/she chooses to or it can be spent on dApps.
Main Negatives
There is development roadmap is very limited, however one of their admins mentioned that they will release an extensive roadmap closer to the crowdsale.
Initially, Datawallet's hard cap was $30 million, however they turned it up to $40 million. Considering they already have an Alpha product, this seems like an excessive amount to ask for at this moment in time.
It will be difficult to incentivise the public to use such an application. Many people do care about their data, but at the same time they don't want to spend too much effort nor time to do something in order to protect it. Hence, Datawallet will need to automate many functions of the platform.
Team Highlights
Greg Ellis (CSO) - Experienced in data analytics and was a Senior Partner for Rosetta which is a large company focused on customer engagement through data.
Kyle Kemper (Advisor) - Executive Director of the Blockchain Association of Canada. Furthermore, he has advised Kraken for 1 year.
The Wrap Up
Flip: Medium | Long-Term: Medium
For further information and more information about this project go to the following:
Isee0s Review Spreadsheet: http://bit.ly/2jpOUHX
Telegram Isee0s Announcement Channel: @IseeOs
Telegram Isee0s Chat Group: @https://t.me/iseeos_reviews
The information provided is not to be construed as financial advice in any shape or form. You are strongly advised to conduct your own research before investing. As an investor, you are solely responsible for your actions. I cannot be held liable for any losses you may make. This information is simply my view and opinion on the subject.