Datum

Datum is a new cryptocurrency venture and launching via an Initial Coin Offering (ICO). Datum and most cryptocurrency start-ups raise capital through an initial coin offering, or I.C.O., a type of fund-raising campaign in which investors buy receive virtual “tokens” using Bitcoin, Ethereum or another cryptocurrency. Datum and other cryptocurrency start-ups are generally unregulated, used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists. Why buy Datum? In Datum ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project which potentially reaping massive rewards.

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DatumToken/Coin ID: DAT
Accepting: ETH
Business Category: Platform, Cryptocurrency, Business services, Investment, Internet, Software
Launch Date: 2017-10-17
Website: https://datum.org/

Datum Related Links: Datum Facebook | Datum Twitter | Datum Whitepaper

Datum Market Cap

Data is the new Oil. Datum is creating a global data exchange by turning data into tradeable commodities. Powered by Ethereum, BigchainDB and IPFS.

About Datum

Datum is a decentralized and distributed high performance NOSQL database backed by a blockchain ledger. This technology allows anyone to backup structured data like social network data, data from wearables, smart home and other IOT devices in a secure, private and anonymous manner. Datum provides a marketplace where users can share or sell data on their own terms.

  • Decentralized Data Store
    Secure, private and anonymous storage of structured data
  • Storage Nodes
    Miners running Storage Nodes are paid for storing and providing low latency access to data
  • Marketplace
    Users can choose to share their data selectively or even sell their data to trusted entities

The Ecosystem
The Datum network relies on the DAT token smart contract to provide secure trading of data while respecting the terms set out by data owners.

  • Data owners pay small amounts of DAT tokens to store data
  • Storage node miners earn DAT tokens for storing and transmitting data
  • Data can be purchased by spending DAT tokens, on the owners terms

Datum successfully raised 5,000 ETH on their presale.

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