Cryptoworld: The Decentralized Data Market Place

What is Datum?

Datum is a decentralized and distributed high performance NoSQL database backed by a blockchain ledger. This technology allows anyone to securely and anonymously backup structured data from social networks, wearables, smart homes, and other IoT devices. Datum provides a marketplace where users can share or sell data on their own terms.

Data Network data storage structure example:

Data Retention
Storing data costs money. As such, Storage Nodes are incentivized to store data,
and the following section provides answers on questions around retention, e.g.
how long is data stored?

Datum proposes the following mechanisms;

Data is stored as long as storage is paid for, by either:
● Data Source
● Data Consumer

Different levels of availability and retention:
● Backup Safety: How many copies of the data exist in the Datum network
● Latency: Where do copies exist
● Retention: How long are copies retained

Allocation Summary

DAT - The Datum Network Token

The DAT token facilitates transactions in the Datum network, providing value to the data on the network.The DAT token sale will enable full development of the Datum network and provide an efficient, transparent and secure smart contract token to facilitate exchange of data on the network.

DAT Token Crowdsale

Role of Token Enable trade of data between data owners and buyers
Symbol DAT
Supply 3,000,000,000
For Sale 1,530,000,000
Emission Rate No new tokens will be created
Price 25’000 DAT per 1 ETH
Sale Period 29/10/2017 13:00 UTC to 29/11/2017 13:00 UTC
Accepted Currencies ETH
Token distribution 4th December to 11th December 2017
Minimum goal 5000 ETH (raised on 8th September 2017)
Maximum goal 61200 ETH

Datum Budget

Funds raised will be allocated as follows. To mitigate volatile cryptocurrency
markets and to provide Datum Network GmbH with a runway of 24+ months, up to 40% of raised funds will be hedged in USD/EUR/BTC. A budget is outlined below assuming a scenario where the first ceiling of 5000 ETH equivalent has been reached.

Datum Allocation of funds

Roadmap

At Datum we have one focus - Creating a viable data marketplace to start returning value to token holders in the shortest time possible.

Project Roadmap
The Datum team has one focus: Creating a viable data marketplace to start
returning value to token holders in the shortest time possible.

September 2016 Concept Development
Founders start exploring large scale data storage for IOT
devices in the medical and smart home sector and devise
first prototypes of structuring unstructured data.

June 2017 White Paper & Concept Validation
With the release of the white paper and the resulting
community feedback we have fine tuned the concept and laid
out the roadmap for the Datum Network.

August 2017 Pre-Sale & Alpha Version
The Presale for the DAT Token started on 11th August 2017,
and ended on 8th September 2017. DAT token allows users
to participate in the new data economy.

October 2017 Datum Token Sale
The Datum Token Sale is planned to launch from 29th
October till 29th November or until the hard cap is reached.
Datum released an early alpha release of the Datum app
before the launch of token sale.
The development of the Datum test network continues.

December 2017 Test Network Launch
The launch of the Datum test network marks the beta
release and will allow basic functionalities to be explored by
developers and the community.

March 2018 Release Candidate
The feature complete release candidate will be deployed to
the test network and undergo intensive testing and bug
fixing over the next three months.

June 2018 Datum Launch
The launch of the Datum Main Network marks the start of
the new data economy. At this point the Datum Network will
consist of the decentralized Storage Layer, the Datum App,
Open API's to submit and consume data and a full fledged
trading system.

Conclusion

Datum will initiate a change in how people think about data. By empowering data creators with a secure way to store and exchange their data, and a vibrant marketplace to monetize this data, a new economic model will be created that empowers consumers instead of large private companies. The DAT token will facilitate compensation of data sources and storage nodes and enable a new era of secure and decentralized data storage and exchange.

Team