Re: [ANN][ICO] 🌟🌟 Datum - Unlock the Bln $$ Data Economy - ICO 29th October - 🌟🌟
I've pretty given up on my privacy and data being in my control. If a company succeeds in disrupting this multibillion-dollar industry then it will surely be the most valuable token on the market. There are a few companies attempting this and I'm at the edge of my seat watching them all.
Facebook is investing heavily on big data technologies because they realized that data is gold and Datum project makes sense.
Do you think that Facebook and Datum will make a Partnership? Facebook has a big personal data, and they might sell it to Datum?
Why would they buy it from facebook? Datum is selling same data as facebook already.
For me it is not 100% clear how Datum will collect the data en store it, without FB/Google taking it too.
Facebook takes your Facebook data, and other devices/services you login with Facebook. Same story with "Login with Google Account". Others have mentioned how much that data is worth, using measurements such as Cost Per Click (CPC), Cost Per Mille (CPM - $ per 1K impressions) - but that's for advertising.
However, Datum's applications go beyond social media, as we are working on smart devices - for example, IoT devices such as smartwatches, fitness trackers - possibilities are "endless" (well, all that API can support).
So will datum be some sort of IOS , or will it run in the background as a filter which other apps have to go through?
Datum is a companion app that shares gathered data. The exact data gathered depends on what you give us permission to share. We're working on a calculator that shows how much your data is worth.
I must have that calculator - just for the laughs maybe, but I'm curious anyway.
The value of your data is standard for everyone or depends on other factors such as where on the world do you live, your age, income, etc?
How do you want to calculate the price for your data? There are so many variable points which influence the price probably and in the end it's up to what a company want to pay for specific data. That's nothing which you could calculate before in my opinion.
I think that typing values for data that are already commercialized is the minimum in Datum, there are big companies that work with data packages for other Companies, and with this market being open and inclusive to Common people there is a basis for negotiation
But do you really think a company will start to negotiate for every data they need out there, especially when they have to negotiate with every user who tries to sell his data at the Datum app? The devs said, that you have this option, but I highly doubt that a company will start to negotiate with 5000 people or so for some cents everytime they want to buy some data.
It will greatly help prospective buyers.
Of course companies wont negotiate with each user, this kind of data is worthless if purchased separately, companies will buy it in bulk.
Well but that's excactly the opposit of what datum told before. You will have the chance to sell your data seperatly, also with the possibility to negotiate. If you would be in a bulk you could not negotiate at all. Even if datum would collect the data in a bulk to sell it then to a company, the part where it is stated that you can negotiate is somehow strange in my opinion.