IoT data marketplace DataBroker DAO has reached an agreement with CoinFalcon to list its DTX token on the exchange while announcing a new partnership with the AllThingsTalk Cloud IoT app platform.
The news comes just weeks after DataBroker DAO launched its pre-sale on March 19th, 2018, itself hot on the heels of a V2.0-alpha upgrade, made after receiving feedback from token holders, potential backers and members of the DataBroker DAO alliance.
The start up envisions a platform that will become a global marketplace for the Internet of Things (IoT) that will allow all users of all levels to sell or purchase their local IoT data. It is an industry that is estimated to grow to $1.2 trillion by next year, and with DataBroker entrenching itself in the market ahead of the coming boom, it looks to take advantage of a prominent yet overlooked sector of IoT sensor data – set to be worth some $120 billion in 2019.
Recognition for DataBroker DAO
DataBroker DAO has already received widespread acknowledgment of business viability for its token economics, having won an ICO pitch contest in San Francisco after a runner’s up performance at the Vilius ICO Pitch Competition.
And now, with its native DTX token primed for listing on CoinFalcon, DataBroker is expected to benefit from an enhanced token value potential, in the light of most new tokens only getting listing agreements after token sales conclude.
New partners, new synergies
CoinFalcon’s emphasis on simple and easy access will be a boon for token holders, with an “instant trading” feature allowing them to trade immediately after deposits are confirmed. Already supporting major cryptocurrencies such as BTC, ETH, LTC, IOT and NANO, users can also take advantage of free deposits.
With the AllThingsTalk partnership, DataBroker DAO has access to a “middleware” platform that gives users the ability to aggregate and process the IoT data they own, via an end-to-end solution that lets users connect all their hardware and software, giving them instant access to interact with and store data on web services which are then visualized on mobile and web dashboards.
In essence, this means users experience smooth onboarding to buy and sell IoT sensor data, freeing up time for them to develop instead of implement technical solutions.
The DTX Token Sale
The DTX utility token is native to the DataBroker DAO platform, used to transact in buying and selling of IoT sensor data on the marketplace. The pre-sale is live, with minimum contributions starting at 10 ETH. Pre-sale participants will take an extra 50% bonus on DTX tokens, sold at a base price of 1 ETH = 4,000 DTX.
This will be followed by a general sale on April 26th, 2018 at 4 pm CET.
To learn more, visit the DataBroker DAO website or read the DataBroker DAO whitepaper. To keep up with the latest news, follow the DataBroker DAO Twitter or DataBroker DAO Facebook. Chat with them on the official DataBroker DAO Telegram channel.