With such investors its worth to note this one especially that i feel it didnt have enough public eyes on it. Luckily theres enough time.
So before i describe the project let me make sure you get who Tim Draper is.
He has also invested in stuff like Skype, Hotmail ads and way more. Pretty much a great investor followed by loads of people.
Datawallet
Data is most valuable resource, currently you give it out for free and brokers resell it. All you get back is some access to email or website, while others make money on you withot uyour notice. Datawallet wil llet you choose what Data you sell, to whom and earny directly from it on blockchain.
By 2022, Data Brokers are expected to sell data worth $10,100 per American internet user per year, essentially absorbing around 19.2% of US household income.
The current data brokerage model also poses a severe risk for companies that rely on the data that they purchase: Data Brokers sell data that is either publicly available or licensed to them via third party agreements. On Facebook this data constitutes only around 7% of all data and encompasses largely demographic information. This Quality Problem leads to the supplied data sets lacking critical dimensions of information, thus leaving companies with insights that are highly generic and inaccurate.
Furthermore, data production by one single user is highly fragmented across multiple different platforms. However, there are no standardized identifiers that allow Data Brokers to link data from two separate sources to one specific user profile.
So any website will be able to add Datawallet API and then when you will be logging into ie Facebook or creating new Email you will know exactly what data of yours they will take and you wil lget paid for it. Its expected to get 1-3 USD per data with possibilitieso f even 100USD if the niche is very specific.
This way companies will get quality, real and updated information and people will be earning from what is theirs - data they own.
Datawallet leverages blockchain technology to deliver an uncompromisingly transparent personal data marketplace. Blockchain technology obviates the need for data providers to trust Datawallet or other third parties through the two pillars of the Datawallet 2.0 marketplace—encryption everywhere (EE) and the smart encrypted data contracts (SEDC).
ICO
Max Cap US$ 30MM
Total DXT created 750,000,000
Maximum Units of DXT Sold 250,000,000
Price Per DXT $0.18
Accepted Currencies Bitcoin, Bitcoin Cash, Ethereum
Token Sale Duration 30 days
It will be in January but currently you can get on whitelist https://tokensale.datawallet.com/ and do research
Whitepaper https://tokensale.datawallet.com/pdf/datawallet_whitepaper.pdf
Always do research before investing!
Longer writeup: http://fuk.io/datawallet-decentralized-data-exchange-backed-by-tim-draper/
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
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Seems to be perspective
NITRO ICO is on - crytocurrency for the US$100 billion game economy. Backed by publicly traded company. Most credible among the games related ICOs.
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25% bonus first 24 hours - www.nitro.live
correct me if I am wrong, but this fella is playing console.
he is holding a weird looking "smartphone" :P
Basically trying to be google or facebook at its core of blockchain. We give them (google, facebook) our data and get to use their apps free. Here we get to sell our data for money instead.
This seems really interesting. I am actually for this ICO to come through. It'd be nice to get paid for getting our privacy violated by bigger corporations like Facebook.... Thanks for sharing
Thank you for sharing. Sounds very interesting. Keep up the great work !
Draper made tidal waves in the investor community last month by investing in both the companies that created Tezos and Bancor, two leading new tokens. He was also the winner of the U.S. Marshall's Bitcoin auction, making him one of the leading owners of Bitcoin. Draper is taking an active interest in tokens as a way to transform society for the better........
I aloyes love your post... @kingscrown
Interesting they are accepting bitcoin cash, first time i see a ICO doing that, the project looks solid, im gonna do my own research
Thanks for sharing
everyone has a dream of watching bitcoin rising . i want steem to rise like bitcoin
nice
don't we all :)
Sorry I need to be devil's advocate here for discussion's sake, respectfully...
From your site: "If guy who invested in Skype, Tesla and SpaceX decides to get on an ICO, you better not miss it."
From your post here: "Luckily there's enough time."
We're not sheep. Is this how people should be lead into investment opportunities with fomo pumps and success by association?
I'm sure lots of people predicted that Bitcoin would hit $10,000 at some point in 2017, but perhaps Tim Draper has a higher celeb platform to make sure his "call" was the one on record to attribute brilliance to. That doesn't mean that his past performance will indicate future results, especially in crypto and on a brand new ICO.
I appreciate the tip, but I think it could have been presented in a much more educational way instead of easter egg lines to get people amped up about acting fast before the opportunity disappears. "Always do research before investing!" is absolutely right, but it's literally the tiny small print disclaimer at the bottom, versus the core of the message, which it should be for these startups citing lofty promises in these emerging markets.
I agree with you man.
True. Tim Draper was also backing BitBounce which looks very shallow these days and havent lifted off the ground at all.
I see where you're coming from @steemmatt but in turn, if someone is rushing to invest because they read this post, I don't see a strong future in any stocks ahead for them.
This is what they said blockchain was about on day 1. Interested to see where this goes
Blockchain is changing the world for good and it can't be stopped.
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Please explain me about crypto related information.I know nothing about it.So help me, please
What specifically would you like to know about?
Why did FUK.io translate in my head to F*ckYouKing.io?
I haven't read the whitepaper or done any research and the url just jumps out at me. Like "Lemon's Used Car Lot" or something, right? Anyway, hoping the ico is better thought out than the domain name. lol
Weird day today...
After A Bit of Research
I'll be one of those who pick this one up on the possible upswing, once it's dropped in value during the development phase. ;)
Thank you for pointing this one out, I'll be watching for a great buy in price. :D
Not really sure about coins dealing with such established industries. I mean you'd like to think that we'll all have control of our data one day, but we have consented too much already. If this was ever to be big then it'd be a few years down the track, which is highly speculative. I dunno, could be cool, but I think putting your money in BTC or another blue chip crypto is a better use of money.
Will be tricky for them indeed, lots of people don't want the hassle of managing things.
If it were to happen, then I would think there would be new companies looking to buy the rights to all of your data and in return give you some discount.
Perhaps free Spotify, Netflix, Amazon prime etc.
I agree. There are plenty of coins and tokens which do not require identification and so on. IF this looks like it will be something significant, I'll look into it while it's still cheap. ;)
who is tim draper and should I head his prophecies?
It is a good application - I agree. The only thing that lets me think is that it is the team's second attempt to build such an application. Do you know why did they closed the first try?
Best, @martinmusiol
I follow you now.
Helpful information thanks for sharing
im interested but $50k is too much for me to get in on the whitepaper pre-sale.
Looks like an interesting investment. I will look knto this ico. Thanks for sharing.
Making such an accurate prediction on Bitcoin 3 years ago is really impressive and the project looks very interesting to say the least :) So much Crypto Candy out there hard to chose, but this is definitely a crypto I will invest more - thanks for the tip! 0.1
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@kingscrown
thakns my steemit friend. i like this post.
Thanks for this
@kingscrown can you tell more about Tim Draper?
google him ;)
skype, tesla, space-x. All you need to know ;)
helpfull information have this post.
Thank you friend for share this post.
Thank you for this information.
@babu for comforting comments.
LOL........
very important post
I read your content it was awesome and i really appreciate your work .
You can follow me @be4u
Thanks for this information.
Data is realy most valuable thinks for us. Thanks for shareing this post.
thanks for the grateful information.
wow... 750,000 tokens is not really a bad idea considering the total number of internet users it will serve
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i always interest abt coin article, so this nice post
@kupi love your post
To make application you need to invest at least $50.000.. this is not for everyone definitely but thanks for sharing
i like it very well post thanks for shearing
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nice work
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Sounds interesting, but do you think Facebook will integrate it to their site? They are gathering info for free, why should they pay someone for that?
Apparently, Blockchain technology will be a great employer of labour and a great player in business and investment particularly passive income sources.
Most businesses would want to switch to innovative block chain technology.
ICOs and block chain backed businesses would make a rising turn round in 2018.
Informative post @kingscrown
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How on earth is the typical data of an American be worth $10,100 by 2022? If that is true why not we all "American internet users" band our worth and put it in paying the US debt. That would be 10.1 trillion for 100 million users. Easily we have millions and millions of people.
Thanks for sharing such interesting coins, This one can indeed be a game changer for many websites and companies , I'll do some research but I'm pretty curious about why FB for example can't use both datawallet AND its own data collecting system to maximize his gains ? (maximizing confidence in the user while still robbing them )
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That is Seems to be perspective @kingscrown 👌👌