DATAEUM – The First Blockchain-based Platform Using Crowdsourcing for Data Generation

June 19, 2018

Dataeum is a blockchain-based platform which uses crowdsourcing to enable the collection of 100% of all global physical data (such as stores, gas stations, traffic signs) anywhere in the world, with 100% accuracy. It does this by using a distributed workforce of “collectors” who are incentivised in XDT Tokens to submit physical data.

Dataeum already has an App which makes it the only company that enables to gather 100% of any physical data, anywhere in the world, with 100% accuracy and make it available on a decentralized marketplace.

The collection solution has proven its scalability during successful tests in three major European cities — London, Barcelona and Paris with a large community of collectors.

Dataeum has attracted not only highly experienced and devoted team members, but also such well-known advisors as Simon Cocking (TedX speaker, top ICO advisor on Icobench), Sébastien Bourguignon (digital blockchain expert), Anders Larsson (VP at Ericsson, founder of Allcoinwiki), Mikhail Zelenin (Smart contract RnD, Blockchain architect at Naviaddress) and Ian Scarffe (leading expert in blockchain ranked #2 advisor on Icobench).

The Mission

Dataeum Aims to Put Humans at the Center of the Data Ecosystem.

The Data market is estimated at over 3 Trillion Dollars. Without even knowing it, humans have become instruments of data collection through their actions, movements and behaviors, creating value for others.

Dataeum aims to disrupt the existing paradigm, by creating the first blockchain-based platform which uses crowdsourcing to enable the collection of 100% of all global physical data (such as stores, gas stations, traffic signs, etc) anywhere in the world, with 100% accuracy.

It does this through a mobile app and by using a distributed workforce of “collectors” who are incentivised in XDT tokens.

The solution’s efficiency has already been proven during three collection campaigns completed in Paris, Barcelona and London.

Dataeum will become the most used data blockchain in the real world thanks to its community that will collect millions of physical data around the globe.

Ecosystem

Crowdsourcing

Humans are the core element of our solution. By using crowdsourcing to answer the current data generation methods’ limits (database matching, content analysis, tracking devices, etc) we will enable the collection of 100% of any physical data in the world.

Collection

We will enable our collectors, through a mobile application using deep learning and augmented reality, to be paid for the collection, verification and update of any physical data. Blockchain and Smart Contracts technology guarantee the transparency of the process.

Marketplace

Each validated data will be available on a decentralized marketplace that will allow any token holder to retrieve data for consultation, rental, or acquisition.

How does it work?

The crowdsourcing community (collectors) initiate the process of generating real world data;

Other collectors verify the data;

If the data match, collectors get remuneration in tokens (70% for initial generation of data and 30% for verification);

Validated data becomes available on the decentralized marketplace;

All players searching for real world data, including maps, private companies, urban development companies and local authorities can rent the data from the marketplace.

Dataeum and Blockchain Technology

Blockchain based and using smart contracts technology Dataeum relies on a solid technological solution that enables transparency and reliability for data collection.

Dataeum’s platform is based on technology layers to ensure efficiency, security and flexibility from the data collection to its availability on the marketplace.

BigchainDB is used as a storage solution for the collected data. Its immutability ensures a transparent process of data verification and update. The data validation triggers the collectors’ remuneration using a Smart Contract on the Ethereum blockchain. IPFS is used for any image linked to the visual element of the collection.

This real-time process ensures a high scalability of the system. It guarantees the collectors’ reward transparency, and ensures a real-time interaction for the token holders within the marketplace.

Token Sale and ICO

Token Details

Token XDT

Price 1 ETH = 12,000 XDT

MVP/Prototype Available

Platform Ethereum

Accepting ETH, BTC, Fiat

Hard cap 35,000 ETH

Country France

Whitelist/KYC – KYC & Whitelist

Token Distribution

50% Token Sale

30% Reserve

20% Team, Investors & Bounty

Use of Proceeds

Funds will mainly be allocated to the technical developments of the platform, from data collection to the development of the marketplace.

To expand the data collection at scale, 25% of the funds raised will be allocated to build the activity and driving adoption.

20% of the funds will be used for communication, partnership efforts and integrations with exchanges to promote the solution visibility and ensure a quick growth.

10% of the funds will be allocated to operating and other expenses such as legal or administrative.

ROADMAP