DATABLOCKCHAIN.IO ICO REVIEW by sammy-gates

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· @sammy-gates · (edited)
$0.38
DATABLOCKCHAIN.IO ICO REVIEW
![Screenshot_2018-04-29-09-21-14-771_com.google.android.apps.docs.png](https://steemitimages.com/DQmV1RfV9QG6TxazP7cVRLz4yVEgStP46mMNc7dNhZeH6sF/Screenshot_2018-04-29-09-21-14-771_com.google.android.apps.docs.png)

### INTRODUCTION
It's no secret that the key to acquiring  new customers  and keeping your current customers is possessing the critical  data that  can help you reach out to potential  prospects  with the tendency  to use your products and services  and help identify  the needs  of your current  customers.  With this 'critical data', any business can acquire new customers  and ensure  that its current  customers  have a long-term loyalty  towards them. 
This  is where DATABLOCKCHAIN.IO comes into play. And without further ado,  let's  dive into why i think you should invest into DATABLOCKCHAIN.IO 
***
### DATABLOCKCHAIN.IO OVERVIEW

DataBlockChain.io is a revolutionary data platform that stands to disrupt the way that companies and individuals gather premium data. They aim to democratize 
big data and level the data playing field by providing the most comprehensive 
marketing data solution to all businesses and individuals. They will provide an easily accessible  interface for businesses or individuals and the data providers.  

The backend system will provide full confidence in data quality(for businesses  and individuals)  and monetary value  for data(for data providers). 

**The main objectives of DataBlockChain.io are:**
=To ensure that data providers  can simply monetize their data by providing  access to it. 

=To provide transparency  and traceability to the data providers using blockchain  technology. 

=To give businesses  and individuals quality verified data they require. 

=To give clients a simplified and easy-to-use interface with a quick/secure payment system(DBC token). 

=To build confidence  and trust between the end user  and data sources. 
***
### THE PROBLEM DATABLOCKCHAIN.IO WANTS TO SOLVE. 
The data industry today is not  what it used to be.  Data acquisition  processes are now expensive and data providers are now scarce. This has led to an increase in number of businesses desperately in need of critical  information. 
>The existing  data market ecosystem of data/list owners,  managers and brokers is inefficient and often ineffective,  costing businesses unnecessary  time and money. 

Data is a very important  aspect of the digital marketing /advertising industry.  Yet,  effective  data sources are now seld and the few that are left,  are offered  at a very high  price. **The high demand for data sources that provide quality,  complete and most importantly, _verified_ data has skyrocketed in today's  digital  age. 

### THE SOLUTION TO 👆THIS PROBLEM
DataBlockChain.io will provide a robust interface between the users and 
the data sources. DataBlockChain.io will create a single-point solution that 
will eliminate the need for multiple data vendors and layers of list 
managers and brokers that create inefficiency in the marketplace. The 
backend systems will ensure full confidence in data quality for the end user 
as well as transactional finality for the data providers. 
DataBlockChain.io will change the way the data list industry  operates by Eliminating unnecessary middlemen and making  available a more easy to use data sourcing and delivery process. This will be made possible  using a unified UI to allow both businesses  and individuals search varying  and diverse sources of data for records that match  thier search query parameters. 
>This will save time and money. 
***
### TECHNICAL  ASPECTS  OF DATABLOCKCHAIN.IO 

**¶Smart Indexing Engine (SIE)**
DataBlockChain.io utilizes a decentralised Smart Indexing Engine(SIE)  to index all data sources and assign confidence scores on the sources. The SIE is an  type of AI using  data analysis and machine learning.  It uses predictive analytics to create an appropriate score and It constantly checks and re-evaluates the sources  updating the scores. 

**¶Blockchain  Integration**
DataBlockChain.io utilizes the Ethereum Blockchain and smart  contracts for all transactions  and payments.When businesses  seek to use data, they can search  for data on DataBlockChain.io  that meets their requirements. As soon as they find it, they can send payment to the data providers  so that they can be given access to the data they requested for. This becomes real using a digital currency that works together with the DataBlockChain.io platform using Smart Contract, so that both parties are satisfied and all these   can be done anonymously .

**¶DBCWallet to simplify buying process.**
***
### TOKEN MECHANISM 
DBCCoin is an ERC-20 token(with ERC-677 functionality) that is implemented on the Ethereum  blockchain. The platform will utilise _Smart Contracts_ written in solidity for transactions,  auditing and payments anonymously. DBCCoin  will be used for transactions on the DataBlockChain.io platform  and to reimburse data providers  for thier data. 

![Screenshot_2018-04-29-11-15-47-207_com.google.android.apps.docs.png](https://steemitimages.com/DQmYGZM3hjMtkv7dZcSGj7b2CESSgytNPjNN47BnVNN1jzP/Screenshot_2018-04-29-11-15-47-207_com.google.android.apps.docs.png)
***
### DEVELOPMENT ROADMAP
The roadmap of the entire  project is clear and easy to understand  and if it is followed,  DataBlockChain.io  can be among the leading data platforms in the industry. 
https://s14.postimg.cc/p2d1xroo1/Screenshot_2018-04-29-13-00-16-280_com.google.android.apps.docs.png
***
### THE TEAM
The team comprises of  competent data industry  experts,  seasoned leaders and engineers  with a lot of experience  in the  data and technologies industries. 
![Screenshot_2018-04-29-11-30-57-024_com.android.chrome.png](https://steemitimages.com/DQmY8k1u22jBWs3ePhVeZuVFSSQsf8rzSc2RVNvcz6bQpw8/Screenshot_2018-04-29-11-30-57-024_com.android.chrome.png)
***
###  STRATEGIC RELATIONSHIPS 
=**Media Direct, Inc.** – contributing billions of 
records tied to 300MM+ consumers and 
16MM+ businesses. 
>Media Direct,  Inc is the most influential partner of the DataBlockChain.io project and here is a few  partners of Media Direct,  Inc. 
https://s14.postimg.cc/5x9so6hrl/Screenshot_2018-04-29-13-02-15-994_com.google.android.apps.docs.png

=**Appsbar** – 2MM+ SMB requiring critical data for business growth
***
### TOKEN DISTRIBUTION 
• **Total Tokens Created: 870MM**
• Token Type: ERC-20
• Total Tokens Being Sold: 522MM (60%)
 Private Sale: 100MM Tokens 
 •**Pre-Sale (5/27 - 6/21)**
Total Tokens Being Sold: 164.58MM 
Token Price: $0.08 ($0.12 w/ 50% bonus) 
•**Main Token Sale (6/27 - 7/21)**
Tokens Being Sold: in Token Sale: 257.42MM 
Token Price: $0.12
 • Team/Advisors Allocated: 221.1MM (25.41%) 
• Bounty Campaign: 10MM (1.15%)
• Air Drop / Marketing: 10MM (1.15%) 
 • Exchanges/Reserve: 106.9MM (12.29%)
• Min purchase for Pre-Sale: 1 ETH
• Min purchase for Public: 0.1 ETH
• All Unsold Tokens will be burned
• Team members will be on a 12 month vesting 
 schedule with 25% released quarterly
• Soft Cap: $10 Million | Hard Cap: $50 Million
https://s9.postimg.cc/r0s5vbvrz/Screenshot_2018-04-29-12-25-18-528_com.google.android.apps.docs.png
***
### USE OF FUNDS
https://s9.postimg.cc/iva3x1a27/Screenshot_2018-04-29-12-26-34-406_com.google.android.apps.docs.png
***
#### I don't  see anything wrong with this project,  and if you do,  then i will love to hear it in the comments  section.  And I urge you to invest into this ICO. 
***
You can visit thier  website [here](https://www.datablockchain.io) 
https://www.dbc.io/?utm_source=%7Bsteemit.com%7D&utm_medium=article&utm_campaign=bounty&utm_source=%7Byoursite%7D&utm_medium=article&utm_campaign=bounty
 
Join telegram group [here](https://t.me/DBCIO)

Happy  Steeming all.
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@grammarnazi ·
Minor Correction
You have a minor misspelling in the following sentence: <blockquote>=To ensure that data providers  can simply monetize thier data by providing  access to it.</blockquote> It should be <i>their</i> instead of <i>thier</i>.
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@karlxavierkarl ·
Really nice project.. Would read the whitepaper more
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@sammy-gates ·
Pls do...  It will interest  you.
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@ipeh ·
Postingan anda sangat keren dan bagus
👎  
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vote details (1)
@sammy-gates ·
English please😧
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@princeola ·
Nice one buddy, blockchain technology is getting better day by day.
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@sammy-gates ·
Yes bro...  But what DataBlockChain.io  is doing is a revolution
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@gwensarah1 ·
Great project, great concept, nice review 👍
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@smiles563 ·
This is really a nice review... Will look into this !
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@sammy-gates ·
You can join their telegram group [here](https://t.me/dbcio).  The team have answers to all questions  you might have.
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@olisexxy ·
This is on point review..I will consider investing
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