Re: [ANN][Open Now🔥]DataBroker DAO ⭐ Decentralised marketplace for IoT sensor data.
This seems like a great project but I do have a few areas of concern before I invest.
What is the benefit for the token holder other than being able to purchase sensor data?
What is the benefit for the token holder other than being able to purchase sensor data?
That is the reason for the token. We need one for the state channels and microtransactions. Pure utility.
Do token holders receive any reward for staking?
Not as of yet.
Your white paper mentioned something about your token being used on your platform instead of Ethereum because of volatility of the Ethereum price. Does this mean that your token won't be traded on exchanges to avoid price fluctuations?
Since the project is a "real" business, we hope the volatility will be less than ETH in the long run. if this proves to be a false assumption, we are looking into solutions like a Variable and a stable coin.
In short, is the ICO only a form of crowd funding or is there some other benefit to investing that I missed?
Apart from being part of one of the very few practical, going into production, projects?
