Datum Cryptocurrency Bounties And Giveaway Explained

in #altcoins7 years ago (edited)

As its well know that cryptocurrency is the new way of eradicating poverty,Datum is here to make it possible.

WHAT IS DATUM?

According to the website https://datum.org/ Datum is a decentralized and distributed high performance NoSQL database backed by a blockchain ledger.

Datum is a cryptocurrency that allow anyone to secure data from social network and allow it holders to send and recieve data on their own wish or terms.

FEATURES AND BENEFITS OF DATUM

  1. Holders or users can shear and sell data to a trusted individuals and organisation.

  2. It secure and store data privately(Decentralized).

  3. Miners are paid for storing and providing low data access

  4. Datum network aims to provide operation to researchers,individuals and companies which are the most efficient and frictionless access to data while respecting the terms and conditions.

  5. There is a Bounty Campaign and free giveaway.Visit the website for bounty https://bitcointalk.org/index.php?topic=2140513.0 and giveaway https://wn.nr/K7Jg38

DISADVANTAGES OF DATUM

The project is too big for small team to handle. Many projects are working on the issue of data ownership, but they are focused on niche segments.

The whitepaper leaves you with many questions in mind.
For a project of this scale a large adviser network is needed.

HOW TO PARTICIPATE IN GIVEAWAYS.

You can earn upto 500Dat or more by doing some task.

  1. Visit site https://wn.nr/K7Jg38
  2. Log in by clicking either the twitter,facebook or email sign.
  3. Start clicking on each entry to claim your giveaway.
  4. Copy your referal link and shear with friends to earn more.

100 DAT Tokens (worth 0.01 ETH) for each entry, you can earn multiple additional entries (worth 0.05+ ETH) for completing various actions in the contest

5000 DAT Tokens (worth 0.5 ETH) each to 10 Winners (50'000 DAT Tokens in total worth 5 ETH) randomly chosen from all entries at the end of the contest, the more entries the better your chances.

DATUM ENCOMPASSES THE FOLLOWING KEY ELEMENTS:

A fast decentralized data store allowing users to store structured data securely
running​ ​on​ ​a​ ​smart​ ​contract​ ​blockchain
The​ ​DAT​ ​token​ ​enabling​ ​this​ ​data​ ​storage​ ​and​ ​sharing

The​ ​data​ ​marketplace,​ ​enabling​ ​individuals​ ​to​ ​monetize​ ​their​ ​data​ ​on​ ​their​ ​terms

Datum leverages BigchainDB and IPFS to provide an infinitely scalable,
decentralized​ ​data​ ​storage​ ​backend.

Data​ ​storage​ ​and​ ​data​ ​sharing​ ​is​ ​paid​ ​for​ ​by​ ​the​ ​DAT​ ​token

STAKEHOLDERS

  1. Users

Submit data. Data can be personal or business data and collections thereof or data
from IOT devices and any other data source.

  1. Storage​ ​Nodes

Provide compute power and storage capacity to store data in the de-centralized
network. Storage Nodes are part of the BigchainDB cluster that allows Datum to
provide global scale storage of submitted data.

  1. Data​ ​Consumers

Any entity wishing to access data. Users can grant data under their precise terms,
either for free or for a fee.

  1. DAT​ ​Token​ ​Holders

Govern the Datum network and provide the “fuel” enabling transactions on the
Datum network.
Datum focuses on empowering the users (the source of data)

THE FEATURES OF DATUM APP

1.End users do not need to interact with complicated wallets, instead Datum provides a simple to use mobile app. Preview app.
Secure

All data is encrypted in the app before its sent to the network

2.Private

Data is cleaned from personally identifying information and patterns

3.Distributed

4.Data is safely stored across multiple storage nodes running Datum's blockchain database

5.Simple

Simple interface abstracts Datum network complexity for every day users

6.Share

Ability to share data with non-profit entities such as researches. NGO's and others

7.Sell

Users can choose to selectively sell anonymized data to trusted entities in return for DAT tokens

WALLET

The wallet is highly not secure

Get it here https://play.google.com/store/apps/details?id=org.datum.app

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