DataBroker DAO ICO overview
DataBroker DAO is a decentralised marketplace for IoT sensor data enabling sensor owners to turn generated data into revenue streams.
About DataBroker DAO
A wide range of parties will benefit greatly
- Sensor owners
Are able to monetize their data and turn a sunk cost into a potential money maker and at least the opportunity to recoup some of their investments in IoT sensors.
- Network operators
Gain scale and speed in the adoption of their network as connected telcos can present a win-back to their enterprise accounts, a clear USP.
- Sensor manufacturers
Can stop the “race to the bottom” for production and pull resources and capital out of manufacturing and allocate these to profitable SaaS offerings.
- Smart city initiatives
Can limit the upfront cost of populating the town with sufficient sensors and turn the expense into an investment with a 2-3 year payback period and a continuous income stream after that.
- Agricultural sector
In the Agricultural sector in Belgium today, 10% of farmers are “techie”. They deploy sensors include for wind, temperature, barometric pressure, humidity, PH level in the soil. The platform will provide the possibility to recoup some of this cost.
Can get access to thousands of sensors and can buy data directly and more cheap on the marketplace, cutting out established data providers.